Beauty giants Shiseido and L’Oreal, as well as luxury behemoth LVMH, are reportedly in the running for stake in the high-end cosmetic brand, Aesop, that could value the Australian brand at USD 2…
Beauty giants Shiseido and L’Oreal, as well as luxury behemoth LVMH, are reportedly in the running for stake in the high-end cosmetic brand, Aesop, that could value the Australian brand at USD 2…
Using the CBRE Research 2023 Asia-Pacific Retail Survey issued this month, Retail in Asia breaks down the key trends for APAC retailers and brands in 2023.…
Swedish fast-fashion giant H&M Group announced on January 27 sales for its Asia and Oceania region lifted 11.7 percent, to SEK 29.4 billion (USD 2.8 billion), for the period 1 December, 2021 to 3…
LVMH said its Asia region revenues remained “stable” during 2022, compared to 2021, due to developments in the health situation in China.…
Troubled Singapore e-commerce start-up Zilingo has reportedly offload its tech assets to Swiss e-commerce company Buyogo AG, along with its Sri Lanka-based acquired entity nCinga Innovations, as the S…
Italian fashion houses Tod’s S.p.A and Ermenegildo Zegna group reported their full-year 2022 results on January 25, citing double-digit declines in their respective Greater China markets, on the…
Hong Kong luxury watch consignment retailer Wristcheck has raised USD 8 million in a seed funding round led by Gobi Partners GBA, and the AEF Greater Bay Area fund.…
Singapore’s Zilingo is reportedly facing liquidation, according to a Bloomberg report. The Temasek-backed fashion technology start-up has appointed EY Corporate Services as its provisional liqui…
Burberry Inc. announced on January 18 retail revenues for the third quarter ending December 31, 2022, rose 5 percent to GBP 756 million (USD 944 million), although it was flat at constant exchange rat…
Swiss luxury group Richemont announced on January 18 sales for the third quarter rose by 5 percent, with double-digit revenue growth in Japan offsetting the disruption to retail trading in Mainland Ch…