Burberry has recruited South Korean actor Son Suk-ku as the latest brand ambassador for British luxury brand.…
.
Your one-stop source for retail intelligence in Asia
Tapestry sales declines partially offset by Asia growth outside of Greater China
Tapestry Inc. net sales fell 2 percent to USD 1.48 billion in the third quarter, with Asia-Pacific growth offsetting declines in North America.…
Ferragamo sales hit hard by volatile China, Korea markets
Ferragamo revenues slumped 18.3 percent during the first quarter, with sales adversely affected by Chinese and Korean markets.…
OTB Group appoints new CEO at Marni brand
Marni has appointed Stefano Rosso to the role of chief executive officer.…
Richemont acquires Italian jeweller Vhernier
Richemont announce it has acquired 100 percent of Vhernier S.p.A., an Italian jewellery maison, in a private transaction.…
Coty prestige sales continue to shine in Asia Pacific, China’s Hainan a bright spot
Coty said third-quarter revenues grew 8 percent, driven by growth in the beauty firm’s prestige segment, especially in APAC.…
Hong Kong retail sales drop in March, ending 15-month growth streak
Hong retail sales in March fell 7 percent, hurt by a high base of comparison for visitor spending.…
Pandora posts double-digit Q1 sales growth despite “challenging” quarter in China, Australia
Pandora posted an 18 percent uptick in overall sales, despite a “challenging” quarter in both China and Australia.…
Hugo Boss sales growth slows to 5 percent, cites muted local demand in China
Hugo Boss said sales growth slowed to 5 percent in the first quarter, coinciding with muted local demand in China.…
Estée Lauder posts 5 percent sales lift, warns of ‘ongoing softness’ in prestige beauty across mainland China
Estée Lauder reported a sales lift of 5 percent, as the firm’s Asia travel retail and Asia-Pacific markets rallied.…