The 35-year-old US retailer Forever 21, which has said it will shut down all of its stores in China, reflects the strain of fierce competition that fast fashion brands face in China.…
What do Zara and Forever 21 have in common?
Fast-fashion retailers like Zara and Forever 21 are able to mimic designs seen on the runway and have them in stores just weeks later.…
Moncler opens sixth Hong Kong store
Italian luxury brand Moncler has opened a new store in Hong Kong, amid a spate of luxury store closures at the close of 2016 in the once-flourishing luxury retail city.…
Retail in Asia’s top 10 stories of 2016
Despite the tough and challenging retail environment in Asia, retailers are innovating more than ever to capture their audiences, whether through new technologies or forms of crowd-drawing entertainme…
Forever 21 continues to expand in the Philippines
US teen apparel retailer Forever 21 has opened its 13th location in the Philippines at the SM City Bacolod mall, early this December.…
Closure of Ralph Lauren Hong Kong flagship won’t be the last
Ralph Lauren’s sudden exit from its Causeway Bay flagship store last week is the latest high-profile fashion closure to have occurred or been flagged in 2016.…
Retail in Asia’s top stories of the week (31 October to 4 November)
This week, our top stories include a look at why Singapore malls are so vacant, how Coach made a comeback in China and the new lipstick trend that’s taking Asia by storm.…
Victoria’s Secret to takeover Forever 21’s HK flagship spot
Victoria’s Secret is taking over Forever 21’s Causeway Bay flagship store location next year for HK$7 million a month, for the next 10 years.…
Forever 21 flagship store in Causeway Bay to close down
Forever 21 will be shutting down their Hong Kong flagship store in Causeway Bay due to high rent and low foot traffic, especially from mainland Chinese tourists.…
Madura joins race to run Forever 21 retail stores
Madura Fashion & Lifestyle has emerged as a contender to snag the India rights for running physical stores of the American fast-fashion brand Forever 21.…