Luxury jeweller Tiffany & Co. has launched its first-ever online flagship store in China on JD.com, Tiffany’s first online retail partner in China. …
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Hermès Asia sales up 22 percent in 2022
French luxury group Hermès announced on Friday consolidated revenues for the full-year 2022 amounted to EUR 11.6 billion (USD 12.34 billion), up 29% at current exchange rates and 23% at […]…
Diesel inks distribution deal for Thailand and Vietnam
Italian fashion brand Diesel has inked a new partnership with Jaspal Co., for the distribution of the luxury brand in Vietnam and Thailand.…
The new Louis Vuitton: Pharrell Williams, Gen-Z shoppers and China price hikes
The tide is turning at Louis Vuitton in 2023. After the sudden death of Louis Vuitton men’s creative director, Virgil Abloh, in November 2021, the French luxury house has finally found a replace…
Ralph Lauren Asia revenue inches forward 1 percent
American luxury brand Ralph Lauren announced a 1 percent increase in third-quarter sales to USD 1.8 billion, beating out prior expectations, with positive sales growth across all regions.…
Fendi opens new Seoul, Tokyo flagships
Fendi has opened two new flagship stores in Asia; one in Japan and the other in South Korea.…
Shiseido launches Nars in India
Japanese cosmetics giant Shiseido announced on February 10 the launch of its New York-headquartered makeup brand Nars Cosmetics in India via a strategic distribution partnership agreement with Global …
L’Oréal North Asia sees double-digit growth in 2022
French cosmetic giant L’Oréal announced a double-digit uptick in total revenues for the year 2022, coinciding with strong fourth-quarter growth, up 13.5 percent for the three months ending Decem…
Australian hair care brand Straand inks AUD 2 million in funds
Australian natural hair care brand Straand has inked AUD 2 million (USD 1.42 million) in pre-seed funding via an investment deal with Unilever Ventures, the investment arm of consumer goods giant, Uni…
Versace, Jimmy Choo, Michael Kors clock dips in Asia sales in Q3
Capri Holdings, parent company of Versace, Jimmy Choo, and Michael Kors, announced on February 8 decreases across its Asia business in the third quarter, coinciding with a disappointing international …