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Category: Fashion

Retail News Asia is committed to providing both local and global retailers with the latest Fashion news throughout the Asian market. This on a daily base.

  • Ralph Lauren bucks subdued luxury market with higher sales

    Ralph Lauren bucks subdued luxury market with higher sales

    Ralph Lauren has posted a modest increase in sales and a surge in profit for the first quarter despite a challenging luxury market.

    The company’s revenue for the quarter ended June 29 was $1.5 billion, up 1 percent on a reported basis and 3 percent in constant currency.

    According to GlobalData MD Neil Saunders, the slight increase was delivered against a very difficult environment for luxury and consumer spending. This shows the company has “bucked the performance of many other high-end brands”, setting it apart as one of the few players still driving growth in a more subdued market.

    The sales growth was led by Europe with a 6 percent increase on a reported basis, followed by Asia with 4 percent improvement. Sales in North America, however, declined 4 percent as stronger direct-to-consumer performance was more than offset by planned declines in wholesale.

    While Ralph Lauren will need to wait for the NA market to bounce back, Saunders believes the Europe and Asia regions will continue to drive some good numbers. The company has more control over distribution and the brand is less mature in these markets, he added.

    Comparable store sales rose 5 percent, reflecting a strong performance in a muted market. The brand is benefitting from attracting more younger consumers, while its focus on classic, quiet luxury is favorable to current trends, according to the analyst.

    The results were even more robust on the bottom line, with net income jumping 27.6 percent to  $169 million. “Lower cotton costs, some better margins from a shift to retail, and general cost savings all helped to produce the outsized performance,” Saunders explained.

    For FY25, the company expects revenue to increase 2-3 percent given the current geopolitical and macroeconomic environment.

    “The powerful combination of our brand strength and diverse growth drivers — together with our culture of agility and operating discipline — gives us confidence that our long-term strategy will continue to deliver even through these dynamic times,” commented Patrice Louvet, president and CEO of Ralph Lauren.

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  • Shiseido cites China slump for mid-year operating loss

    Shiseido cites China slump for mid-year operating loss

    Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China.

    Shiseido becomes the latest casualty among luxury brands, including Cartier-owner Richemont and Gucci’s Kering, to be stung by slowing growth and consumer confidence in the world’s second-biggest economy.

    The company said on Wednesday it fell to an operating loss of US$18.44 million in the six months through June, from profit of 13.6 billion the previous year.

    The shares plunged by their daily limit of $4.77, down 15.5 per cent from the previous session close.

    In addition to a slump in sales to China due to changes in purchasing behaviour, the recording of $139.155 million in structural reform costs also affected results.

    Domestic sales were a bright spot, however, benefiting from a tourism boom in Japan fuelled by the weak yen. Some tourists, particularly Chinese, appear to be holding off on buying designer goods at home and splurging in Japan where they are cheaper.

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  • Nike’s Olympics ad featuring athlete licking table tennis triggers controversy among Chinese netizens

    Nike’s Olympics ad featuring athlete licking table tennis triggers controversy among Chinese netizens

    Nike’s new ad for the 2024 Paris Olympics, featuring an Asian table tennis player licking her paddle, has sparked controversy among Chinese social media users.

    Though the nationality of the table tennis player has not been specified, many Chinese social media users have implied that the scene targeted China, as table tennis is the country’s national sport. They complained that the video, uploaded to Nike’s social media accounts on July 19 , was “smearing the image of the Chinese people.”

    “What’s the purpose of making this action? It’s disrespectful, incomprehensible and unacceptable,” one netizen wrote.

    The Global Times reported that by Tuesday, the hashtag “Nike promotional video licking table tennis paddle” had already garnered 81 million views on Weibo.

    Others suggest that the inclusion of the scene might have been a deliberate attempt to provoke and stir controversy, and comments expressing how they no longer buy Nike products racked up thousands of likes.

    One netizen commented: “Only people with dirty thoughts would think it’s a bad action. Licking the paddle obviously was to raise their fighting spirit and provoke the competitor.”

    The South China Morning Post reported that in response to the video, a Weibo user expressed confusion and criticism, asking: “What does licking a table tennis paddle even mean? What was the person who made this commercial even thinking, that the paddle is clean and sweet, like a lollipop?”

    It is reported that Nike’s customer service in China stated that it “will reflect the concerns to supervisors.”

    China will be represented by 405 athletes at the Paris Games starting on Friday.

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  • Uniqlo elevates its T-shirt’s popularity as Singapore’s ‘national uniform’

    Uniqlo elevates its T-shirt’s popularity as Singapore’s ‘national uniform’

    Japanese fashion brand Uniqlo has launched new Singapore-exclusive colors for its AIRism oversized T-shirt, promoting it as the “SG uniform” and acknowledging its popularity as the go-to attire for Singaporean men.

    The new T-shirt colors, orange, red and dark green, were released last month at Uniqlo stores across the city-state, advertised as “The SG uniform”.

    This move indicated that the Japanese retailer is embracing the product’s ubiquity in the nation, especially among Singaporean men.

    The brand’s Singaporean website also listed the product as an “essential” fashion item, with one unit being sold almost every minute in the city-state from October 2022 to September 2023.

    Due to its prevalence, the “SG uniform” has often been a topic of discussion on social media, where Singaporean men’s basic outfit – the Uniqlo T-shirt, a pair of shorts and slippers – is often ridiculed.

    Notably, one viral video by TikTok user Sherrgoh, showing a man buying the same t-shirt in several different shades and captioned ‘SG boys shopping for their uniform in new colors,’ has gained over 1.6 million views.

    According to those who favor the oversized T-shirt, Uniqlo’s biggest appeal is its convenience.

    “I think that there are many other brands on the market that are of a similar price bracket and quality, like Muji, but Uniqlo makes it convenient to get the same piece of clothing that you know fits you well repeatedly or in different colors,” Raffli Noor, 39.

    Meanwhile, others have said that the item is both comfortable and low-key, not standing out and attracting unwanted attention.

    Singapore boasts 30 Uniqlo outlets and the highest density of Uniqlo stores outside of Japan, with approximately one store for every 189,000 people.

    The new colors for the AIRism T-shirt are not the brand’s first Singapore-exclusive release, as it had previously introduced several products inspired by Singaporean literature in collaboration with the city-state’s National Library Board in March.

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  • Mattel to make most of its range colorblind accessible by year’s end

    Mattel to make most of its range colorblind accessible by year’s end

    Mattel says 80 per cent of its game portfolio will be colorblind accessible by the end of the year and 90 per cent by next year, as part of the brand’s commitment to creating more inclusive play experiences.

    To produce these new portfolio-wide changes, Mattel has collaborated with specialists in the field of color vision deficit and colorblind individuals. The debut follows the launch of Uno ColorADD in 2017, which was developed for colorblind people.

    “At Mattel, we are proud that our portfolio of games continues to bring people together – transcending languages and cultures – and this initiative to offer more colorblind accessible games is another proof point on our inclusivity journey,” said Ray Adler, VP and global head of games at Mattel.

    “We’re proud to help spread awareness for the colorblind community and make our products accessible for more people, so that all fans can come together and enjoy universal gameplay.”

    Mattel will donate colorblind-accessible games to local YMCA summer camps across the US. According to the brand, the donation will be a resource in celebrating this milestone and empowering children to attain their full potential via inclusive play.

    Mattel, founded in 1945, is a global toy retailer that owns brands including Barbie, Hot Wheels, Fisher-Price, and American Girl.

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  • Sasa International’s annual profit surges 276 percent

    Sasa International’s annual profit surges 276 percent

    Sasa International‘s annual attributable profit surged 275.8 percent to HK$218.9 million (US$28 million), as mainland Chinese tourists returned as the borders between Hong Kong, Macau, and Mainland China reopened.

    During the year, turnover rose 24.8 percent to HK$4.37 billion as sales in Hong Kong and Macau, its largest market, soared 31.4 percent to $3.41 billion.

    Mainland China sales grew 9.7 percent to $581.6 million, but Southeast Asia sales fell 1.7 percent to $365.8 million.

    Sales in other markets swelled 126.1 percent to $10.4 million.

    Moving forward, the beauty retailer is looking to introduce exclusive brands via livestream platforms in Mainland China to improve the company’s gross margin profile. It is also planning to expand in Hong Kong and is looking at high-traffic malls in Malaysia and Singapore.

    The company maintains a cautious outlook for China amid continued geopolitical tensions and said it has to consolidate its position in the region before making further moves.

    However, in the early weeks of the new financial year—from April 1 to June 16—the company’s turnover declined 9.5 percent year over year to $812.5 million.

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  • L’Oreal expands its beauty innovation program across North Asia

    L’Oreal expands its beauty innovation program across North Asia

    L’Oreal’s Big Bang Beauty Tech Innovation Program (Big Bang) has expanded across its North Asia markets, including a recent launch in Hong Kong and Taiwan.

    Launched in Mainland China in 2020, the program aims to drive growth in the beauty industry through key partnerships with startups, fostering a culture of co-creation and co-development of innovative beauty products and experiences.

    For instance, L’Oreal Japan partnered with the Ministry of Economy, Trade, and Industry last year to research skin and haircare technologies.

    Similarly, L’Oreal Korea has launched a dedicated digital tracking system following its collaboration with the Ministry of SMEs and Startups through an MOU at Viva Tech last year.

    This year, L’Oreal Taiwan has kicked off its Big Bang recruitment, focusing on a “Green Beauty Consumer Journey.” It has partnered with the Taipei Computer Association (TCA) to champion local sustainability innovations for a circular economy, eco-friendly design, and improved consumer engagement.

    Meanwhile, L’Oreal Hong Kong has introduced the city’s first open innovation accelerator, focusing on crafting immersive, multi-sensory experiences within brand spaces to enhance customer interactions.

    “As Big Bang takes root across North Asia, we promise to usher in a new era of beauty innovation,” said the company. “L’Oreal is proud to be at the forefront of this exciting evolution, solidifying its position as a beauty tech leader in the region and beyond.

    Since its launch, the Big Bang program has engaged over 2000 companies and brought more than 50 business projects to fruition.

  • French jeweller Fred opens first store in Malaysia

    French jeweller Fred opens first store in Malaysia

    French luxury jeweller Fred has opened its first outlet in Malaysia, selling its latest Pretty Woman necklaces.

    The store, located on the ground floor of Seibu The Exchange TRX, features a futuristic design with wide glass windows. The store is gold and white throughout, with blue display shelves in the centre.

    The venue offers a wide range of products including the new Pretty Woman Sunlight Message necklace, which features a hidden message that can only be seen by light.

    Founded by Fred Samuel in Paris in 1936, the company now has more than 50 stores worldwide and retail outlets in 30 countries. It was also the first jewellery brand acquired by LVMH in 1996.

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  • Hermes reopens Lee Gardens store in Causeway Bay

    Hermes reopens Lee Gardens store in Causeway Bay

    Hermes has reopened its expanded store at Lee Gardens in Causeway Bay, Hong Kong.

    The store first opened in 1997 and is one of the luxury brand’s six stores in the metropolis.

    Hermes partnered with Parisian architecture agency RDAI for the expanded store’s design, which draws inspiration from nearby natural landscape.

    The expanded store now features three storeys, with its curves and ridges inspired by Hong Kong’s masonry wall trees and the interior showcasing metallic panels.

    A triptych of horses in motion by Japanese artist Ryu Mitarai is displayed at its three windows, which can be seen from the outside.

    The lower floor flaunts Hermes’ men’s and women’s ready-to-wear items, equestrian goods, home collection, and has two private rooms.

    A wooden cocoon on the first floor presents leather, watches, and jewellery metiers.

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  • Shein clothes found to contain high levels of toxic chemicals in Korean tests

    Shein clothes found to contain high levels of toxic chemicals in Korean tests

    Clothing purchased from Shein for scientific testing has been found to contain “significant quantities” of potentially dangerous chemicals.

    The investigation found that one pair of shoes contained 428 times the permitted levels of phthalates – the highest observed during the Seoul government tests – and three bags had amounts as high as 153 times the limit.

    Phthalate is a chemical compound used in the production of plastics that is thought to be hazardous to human health. The city has urged the Chinese e-commerce platform to stop selling the products.

    Shein responded that it takes product safety “very seriously” and that the firm has undertaken 400,000 chemical safety tests of products within the past year.

  • Tumi expands travel retail footprint in Asia

    Tumi expands travel retail footprint in Asia

    Travel accessories brand Tumi is expanding in Asia with a redesigned presence at major airports across the region.

    The stores at South Korea’s Incheon International Airport and Thailand’s Suvarnabhumi Airport opened on earlier this month.

    The new 50sqm store at Incheon International Airport in Seoul contains a large-scale architectural facade. The approximately 19-foot-tall exterior, designed by CJ2 and local South Korean company Design Poom, features a T-icon pattern with 3D aluminium panels accented by a logo-inspired lighting effect.

    The store at Suvarnabhumi Airport in Bangkok also greets customers with an illuminated exterior and a T-icon design.

    Both sites have sleek and modern interiors and offer a wide choice of products tailored to the demands of tourists.

    “With more launches coming soon at Soekarno–Hatto International Airport in Jakarta and Chhatrapati Shivaji Maharaj International Airport in Mumbai, which are also among the busiest in the region, travel retail will continue to be a key focus through thoughtfully planned and skilfully executed designs that bring customers into our world and speak to the way they travel today,” said Aris Maroulis, VP of Asia-Pacific and the Middle East at Tumi.

    The new store at Soekarno-Hatto International Airport is set to open late this month and will join the airport’s other duty-free shops and restaurants in Terminal 3. The location at Chhatrapati Shivaji Maharaj International Airport will open in mid-June and will have a similar design.

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  • Puma to launch compostable shoes after a two-year pilot project

    Puma to launch compostable shoes after a two-year pilot project

    After two years of testing, sports giant Puma is ready to launch its compostable shoes dubbed Re:suede 2.0.

    Puma will create 500 pairs of the commercial version of the sneaker, which went online available for purchase on puma.com/eu and Zalando Plus this week. The commercial version was created to reflect the experiment’s findings and the volunteers’ feedback.

    Puma produced 500 special pairs of its Suede trainers using materials such as Zeology-tanned Suede – chosen for their propensity to degrade – as part of the project, which was completed late last year.

    Volunteers wore the Re:suede trainers for six months before returning them to Puma, where they were transformed into compost at Puma’s composting partner’s specially equipped industrial composting facility.

    “Re:suede 2.0 is an important step towards finding viable end-of-life solutions for our footwear,” said Anne-Laure Descours, Puma’s chief sourcing officer.

    “While we are excited about this progress, we will continue to innovate with our partners to determine the infrastructure needed for a scalable long-term solution, essential for achieving meaningful impact in waste reduction.”

    The Re:suede project and the polyester recycling programme Re:fibre were developed as part of Puma’s “Circular Lab,” an innovation hub directed by the company’s innovation and design professionals that aims to shape the company’s circularity programs for the future.

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  • Levi’s opens its largest store in Bangkok

    Levi’s opens its largest store in Bangkok

    Levi Strauss & Co has reopened its 364 sqm store at CentralWorld in Bangkok, marking the brand’s largest location in Thailand.

    Located on the second floor of Bangkok’s mall district Chidlom, the store is home to the country’s second Levi’s Tailor Shop, an alteration, restoration and customisation station helmed by skilled tailoring professionals.

    “Thailand is an important strategic market for Levi Strauss & Co within Southeast Asia, and Bangkok is one of the world’s most popular destinations for international tourists,” said Sameer Koul, general manager for Southeast Asia and country manager for Levi Strauss & Co in Thailand.

    “Levi’s CentralWorld store opens as our largest store in Southeast Asia to date, and represents our commitment to this dynamic market as we continue to build deeper direct connections with both local and international shoppers in Thailand,” he added.

    The expanded store also houses collections that collaborated with key cultural figures from Thai artists, even seasonal exclusives, displayed on the opening day in the Beacon Zone.

    Levi Strauss & Co reopened its Levi’s store in Japan’s Kyoto last month, which features the brand’s NextGen format designed to elevate the shopping experience.

  • Love, Bonito unveils new brand identity, revamped assortment strategy

    Love, Bonito unveils new brand identity, revamped assortment strategy

    Southeast Asian omnichannel fashion brand Love, Bonito has unveiled its new brand identity after 13 years of operation, introducing a change in its assortment strategy as part of the campaign.

    The brand’s name was redesigned with a cleaner font, while the clean bold logo was complemented by a heart-shaped monogram that was formed by the brand’s initials ‘LB’. While the brand is commonly known for its signature peach tone, the brand has expanded its colour palette with Bold Brown, Cool Pink and Heart Red.

    The company said its new image reflects the maturity and sophistication alongside its loyal community. The new look will be rolled out in physical stores in key markets such as Singapore, Malaysia, Indonesia and Hong Kong, with the flagship in Tun Razak Exchange Mall being the first location to be fully rebranded. The brand will also shift to a sassier tone of voice.

    “While many of our Asian cultures have been known to be more conservative, we want the world to see who the multifaceted Asian women are in this 21st century,” said Dione Song, CEO of Love, Bonito. “By doing so, we too want to let Asian women know that it is perfectly alright to be unabashedly ourselves while keeping to our roots and heritage.

    “Our consistent double-digit year-on-year growth since 2020 has been an encouraging sign,” Song added. “The vision of being the go-to destination for Asian women is big, and we are just getting started.”

    Love, Bonito said it will reduce the number of styles produced by 60 percent, streamlining its assortment to three key lines: Signatures, Staples, and capsule collections.

    “Our assortment overhaul was born out of the desire to create a resilient business as we continuously widen our global footprint,” said Pat Achakulwisut, chief commercial officer at Love, Bonito. “We want to make smarter strategic investments across various business functions, from design, production, merchandising to supply chain as well as overall operations.”

    The campaign follows the brand’s expansion into the US and the Philippines last year. Love, Bonito ships to 20 countries worldwide.

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  • Indian jeweller makes Chicago debut

    Indian jeweller makes Chicago debut

    Tata Group’s jewellery brand Tanishq has increased its presence in Chicago by opening a store at 4300 East New York Street.

    The Chicago store will feature a specialised and exclusive workwear selection targeting the different demands of women on professional and casual occasions.

    Additionally, collections including Tales of Mystique and Rhythms of Rain feature worldwide and contemporary jewellery influenced by the cultural riches of Jodhpur, Rajasthan, and Kerala.

    “Having already captured the imagination of the discerning consumer in New Jersey and Texas, Tanishq is excited to be entering another iconic American city with a diverse customer base who can now enjoy our unrivaled offering right at their doorstep,” said Kuruvilla Markose, CEO of Titan International Business.

    “Our stunning Chicago store plays a pivotal role in Tanishq’s global expansion, aiming to cater not only to the Indian diaspora but also to the broader American and international communities residing in the city, with an unrivalled offering of more than 2000 unique designs.”

    Tanishq, which had previously established a presence in New Jersey and Texas, now has 420 outlets in India and is expanding internationally into Dubai, the UAE, Qatar, Singapore, and the US.

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