Fashion
Havaianas Asia Pacific pledges to recycle 10% of flip-flops sold
This will be executed through its ReCycle stations.
Havaianas Asia Pacific pledges to recycle 10% of flip-flops sold
This will be executed through its ReCycle stations.
Yeezy termination drags adidas 2022 outlook
The company ended the Yeezy partnership in October.
adidas AG appoints new CEO
Bjørn Gulden will assume the post in January 2023.
Partygoers are ditching suits and formal dresses
Only 25% prefer wearing formal attire at events.
Rising costs to drive secondhand fashion: report
The apparel resale market to grow 85.5% between 2022 and 2026.
UNIQLO International operating profit rises 42% in 2022
Its Europe and US markets particularly saw a large improvement.
Nike’s net income stumbles 22% in Q1 2023
Its net income stood at $1.46b in the three months ending in August 2022.
International borders reopening to boost HK’s luxury market
Hong Kong is home to a large number of global luxury retailers.
Tech adoption in luxury goods industry accelerates: report
This enhances customer engagement and operational performance amongst others.
L’Oreal net profit climbs to €3.22b in H1
This is up from €2.36b in the same quarter last year.
adidas CEO steps down
CEO Kasper Rorsted will hand over the position through the course of 2023.
Reliance Brands ‘well positioned’ to tap India’s luxury apparel market
The company recently partnered with Balenciaga amongst other high-end brands.
Reliance Brands brings Balenciaga to India
The company will be the sole India partner of the luxury brand in India.
Prada posts over €180m net income in H1
This is despite seeing sales drop in its APAC business.
NIKE net income slips by 5% in Q4
Its sales were dragged by its Greater China market.
LVMH posts 23% profit growth amidst CN business disruptions
Lower revenues were seen in Asia due to lockdowns in China.
Adidas revises 2022 outlook amidst ‘slower-than-expected’ recovery in Greater China
The company expects a double-digit decline rate during the rest of the year.
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Event News
Retailers and brands told to harness data for growth
![Retailers and brands told to harness data for growth]()
The tandem should turn insights into profit strategies, Flying Fish Lab says.
The tandem should turn insights into profit strategies, Flying Fish Lab says.
