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Tag: fasion

  • Myer revamps homewares offer in the Sydney flagship store

    Myer revamps homewares offer in the Sydney flagship store

    Myer on Friday opened the doors to a refurbished homewares and electronics department in its Sydney CBD store.

    The new floor contains 20 shop-in-shop concepts from leading brands, including Scanpan, Le Creuset, Delonghi, Breville, Riedel, Fissler, Salt & Pepper, Maxwell & Williams, and Coles & Mason, as well as the world’s largest shop-in-shop from Dyson.

    “We are so thrilled with the new homewares department, with it’s modern and easy to navigate shop-in-shop format,” Alison Muir, the general manager of Myer’s Sydney store, said.

    According to Myer’s general manager for home and entertainment, Dean Austin, the floor has the largest choice of homewares in Sydney’s CBD.

    The new offering comes as the department store retailer sheds “unprofitable” brands, such as Apple, which it stopped selling in May, as part of a broader turnaround.

    The department store managed to pull back a modest improvement during FY19, its first year under chief executive John King, despite shifting consumer behavior.

    While total sales fell 3.5 percent to $2.99 billion, and comparable sales fell 2.9 percent, the business managed to reduce its expenses by roughly $33 million over the year in rent and wages.

    This focus on more profitable sales led to a net profit after tax of $33.2 million; 2.2 percent up on the year prior.

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  • Under Armour Singapore showcases Rush

    Under Armour Singapore showcases Rush

    Under Armour Singapore has partnered with Celliant to create performance apparel line UA Rush and Recovery.

    Designed to enhance performance, the collection includes men’s and women’s fitted tees, long-sleeved shirts, leggings and tights and more.

    All pieces will range from S$69-$199, and are now available for purchase on Under Armour Singapore’s online store, retail stores in Orchard Central, Bugis Junction, VivoCity, and through authorised Under Armour resellers.

    In conjunction with the launch, Under Armour is hosting an admission-free “Rush & Recovery Experience” at Orchard Central Discovery Walk until May 2.

    The interactive exhibits bring to life the inner workings of Rush technology. Distinct experiential zones will showcase how the technology generates performance improvements for the wearer, and helps power recovery.

    Another zone, “Test of Will”, features Under Armour’s annual advanced urban fitness challenge where visitors can see a preview of this year’s unique challenges and put their grit, strength and determination to the test.

    Under Armour’s Rush-and-Recovery-engineered fabric promotes improved performance and energy return. It is intended to provide the same benefits to the body as an infrared sauna.

    “The introduction of UA Rush is our commitment to giving athletes 360-degrees of training support both in the gym and beyond,” said Dan Leraris, GM of men’s training at Under Armour.

    “With the launch of UA Rush, we now complete the training cycle – there is now UA gear designed to optimise human performance at every training occasion.”

    Under Armour athletes from around the globe have been training in UA Rush including Singapore Athletic Association athletes such as swimmer Amanda Lim, marathon runner Jasmine Goh, master coach at Ritual Gym, Shrek Ismail, and SuperheroRunners founder Nelson Wong.

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  • UNIQLO to Launch UTs Celebrating Megahit Capcom Game Series Monster Hunter and Street Fighter

    UNIQLO to Launch UTs Celebrating Megahit Capcom Game Series Monster Hunter and Street Fighter

    UNIQLO, Japanese global apparel retailer, announces that it will launch a special UT (UNIQLO graphic T-shirts) collaboration collection that celebrates the megahit game series Monster Hunter™ and Street Fighter® from Capcom, a leading worldwide developer and publisher of video games. The Game by Street Fighter UT collection will begin rolling out at UNIQLO stores and through UNIQLO.com starting Monday, April 15. The Game by Monster Hunter UT collection will be available in Mid-June.

    Making its arcade debut in 1987, the Street Fighter game series is considered the progenitor of the fighting game boom that began in the 1990s. A new collection of unique UT designs celebrating the Street Fighter franchise highlights world warriors such as Ryu and Ken in various designs. Street Fighter®UTs include designs with controller button commands, as well as a pixel art rendition of a rare double K.O. from the game. Artwork from the latest Street Fighter title popular in the international esports scene, Street Fighter® V: Arcade Edition, features dramatic illustrations of the games’ iconic characters.

  • Uniqlo’s Tadashi Yanai plans to retire

    Uniqlo’s Tadashi Yanai plans to retire

    Tadashi Yanai, the founder and president of Uniqlo parent Fast Retailing, has indicated he plans to retire.

    He is seeking a successor in the next two years.

    Under Yanai’s supervision, the original Uniqlo in western Japan was transformed from a small shop into the world’s third-largest apparel brand in one generation.

    With a Bachelor’s degree in economics and political science, Yanai started in business in 1971 selling kitchenware and men’s clothing at a supermarket.

    A year later he quit to join his father’s roadside tailor shop, and launched Uniqlo in Hiroshima in 1984. He changed the name of his father’s company, Ogori Shoji, to Fast Retailing in 1991.

    The 68-year-old has a net worth estimated at US$15.1 billion.

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  • Fossil Asia all set to enter wearable segment

    Fossil Asia all set to enter wearable segment

    As a part of its exercise to strengthen its foothold in the Indian market, watch and accessories brand Fossil is looking not just at penetrating with mono brand retail stores but also introducing its wearable lines which marries technology and fashion.

    The company said it is also going from strength to strength in increasing its presence in the third party e-commerce sites even as it considers setting up its own e-commerce platform following the government’s recent change in rule regarding FDI in e-commerce.

    “Retail and especially, e-commerce, is growing in India. It is only a matter of time when a large chunk of purchases will happen through it. We are piloting our platform but it will be non-transactional for the time being. We may look at transaction from it after regulatory approvals sometime later this year,” Jack Quinlan, Senior V-P, Asia Pacific, Fossil Asia Pacific.

    The company said it is also looking to scale up its mono brand retail stores.

    Aims for 25 stores

    “Our own stores here have struck growth for us. Indian market is growing in double digits. In India, we have 14 mono brand stores. We are looking to take that to 25 in the next few years,” he added.

    Fossil India is the 100 per cent subsidiary of the global brand. It had previously sold through multi-brand retailers. However, following approval of its single brand retail licence, the company had set up its mono brand stores. It has so far committed an investment of $4.5 million (₹30 crore) in the Indian market for retail, Quinlan said. To attract consumers into the affordable luxury brand, the company is will be introducing its wearable line by August-September and it will be priced around $275, he added.

    According to data, smart watches and smart brands is a growing market. Gartner predicts that by the end of 2016, smart watches will constitute about 40 per cent of wearable devices for the wrist. It is estimated that seven out of the top ten smart phone vendors have either entered or are planning to enter the wearable space. Several watch makers have also joined the fray.

    In India, Fossil sells its watches, leather goods and jewellery. “We are also looking at multi-brand retail to bring in more products,” he added.

    Asked if the company is looking at sourcing or manufacturing in India, Quinlan said the company has a sourcing for its leather goods, and factory in Himachal Pradesh for its watches.