On the 24th of May, Chinese consumer electronics giant, Xiaomi and Leica Camera, a company with a long history of innovative technology and German craftsmanship, announced their strategic partnership …
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Havaianas records strong performance in Q1
Alpargatas, the Brazilian footwear company that owns Havaianas and other brands, reported revenues of BRL 927.2 million (USD 192 million) in the first quarter of fiscal year 2022, up 9 percent over th…
Zilingo fires CEO on misconduct
Singapore-based fashion startup Zilingo published a statement on 20th May stating that the brand has fired its Chief Executive Officer, Ankiti Bose after an independent investigation into “complaints …
EXCLUSIVE INTERVIEW with C-beauty brand incubator GĒNLAB
Fuelled by the Guochao trend, Chinese beauty brands have witnessed a stellar growth domestically in recent years. Perfect Diary, Florasis, Proya, Winona, To Summer, the list of successful C-beauty bra…
COO Heiko Schäfer leaves Hugo Boss for Mammut Sports Group
Heiko Schäfer, Chief Operating Officer of HUGO BOSS AG, will leave the company’s Managing Board on May 31, 2022, for Swiss outdoor brand Mammut Sports Grou…
Richemont APAC sales up, China gains 20 percent
Swiss luxury group Richemont announced on 20th May revenues for its financial to March increased 46 percent, on the back of a surge in Asia Pacific sales as the region further built upon its strong pe…
French Connection launches on-demand rental service
The UK-based global retailer and wholesaler French Connection has created its own rental website as the market for cyclical fashion continues to grow. Customers may rent over 100 SS22 items on the new…
Nike holds “Nike at 50: A Genealogy of Progress” in Hong Kong
Nike at 50: A Genealogy of Progress will be held to celebrate the brand’s 50th anniversary from 23rd May to 11th June. The spirit comes to life in the 4 zones showcasing distinct aspects of advancemen…
IKEA opens pop-up store in Hong Kong
Global ready-to-assemble furniture retailer IKEA has opened a pop up store in K11 Art Mall on 20th May as a prelude for the official store opening in the shopping mall in August. The new store concept…
L’Oreal to acquire fragrance maker Byredo
French cosmetics house L’Oreal is reportedly in talks to acquire high-end fragrance maker Byredo, according to local newspaper Le Figaro.…