Fashion
Adidas, Foot Locker enter strategic partnership
They target retail sales to exceed $2b by 2025 under the partnership.
Adidas, Foot Locker enter strategic partnership
They target retail sales to exceed $2b by 2025 under the partnership.
LVMH’s Celine launches flagship store on JD
The luxury fashion brand is showcasing its 520 capsule handbag series on the store.
Nike’s Singapore and Malaysia outlets now owned by GMG
The new operator has expressed plans to expand their footprint in Asia.
Shein launches new purpose-driven collection
The “evoluSHEIN” line offers sustainable products supporting a women’s nonprofit.
Malaysia-based Vertice disposes stake in Kumpulan Voir for $2.08m
Its fashion retailing business has recorded net losses since 2017.
UNIQLO International poses ‘significant’ profit increase in H1 2022
It saw a nearly 50% increase in profit to ¥100.3b.
UNIQLO Japan profit sees ‘considerable dip’ in H1 2022
Its operating profit stood at ¥80.9b, a 17.3% drop.
India’s apparel sales to return to pre-pandemic levels in 2022: GlobalData
This will be driven by increased urbanisation in the country.
Eland Retail fined $3.33m by South Korean regulator
The regulator said the company gave undue financial support to its parent company.
Athleisure market to grow 25% by 2025: GlobalData
The market is expected to be valued at $551b by 2025.
Reliance Retail buys nearly 90% stakes in Clovia fashion business
The investment was worth INR950m.
Zalora label enters Indian market in Myntra partnership
It will offer some 5,000 options on Myntra from its portfolio.
Cosmetics brand Etude House stops offline Singapore operations
The company will be operating in Singapore purely online.
Jewelry brand Qeelin launches on JD’s platform
The company is bringing three new series of jewelry on the platform.
UNIQLO, Japan Tennis Association extend sponsorship agreement
The clothing retailer will supply match apparel and training wear in 2022.
L’Oreal sees over 17% sales growth in North Asia
Sales reached €9.86b in December 2021.
Yves Saint Laurent rolls out Valentine’s Day products to JD consumers
All products could be delivered to consumers within 24 hours.