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Tag: china fashion

  • UK fashion retailer New Look to exit China

    UK fashion retailer New Look to exit China

    Embattled UK fashion retailer New Look is to quite China, closing some 130 remaining stores. The move follows a strategic review of the China business announced back in June, when the company put the brakes on an ambitious 450-store rollout plan after opening just 148.

    New Look has appointed property specialist CBRE to find new tenants for the 130 remaining stores in the country.

    In March, South African-owned New Look signed a Company Voluntary Arrangement with its creditors and landlords in the UK allowing 60 stores there to be closed. Chairman Alistair McGeorge at the time cast doubt on the future of the China plans announced by former CEO Anders Kristiansen.

    New Look’s China exit comes two months after rival chain Topshop terminated a franchise agreement with local partner Shangpin “by mutual agreement”.

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  • H&M lingerie line that fits Asian lauched

    H&M lingerie line that fits Asian lauched

    H&M has launched its first Asian-fit lingerie collection. The collection, now available at H&M stores with lingerie departments within Hong Kong as well as on hm.com, has been designed to impress Asian women with its comfortable fabric and skin-friendly design.

    The label’s 44-stitch superfine fibre has been used to bring a soft touch to the skin, while the wire-free feature and triangle-cup design is intended for comfort and fit for all sizes and cups, with side support for comfortable body shaping.

    Promotional materials for the collection emphasises the use of superior materials to offer a high level of skin-friendly, breathable comfort.

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