Fashion
Luxury brands lead ESG push in China's retail sector
They accounted for 66% of all LEED-certified retail spaces in 2023.
Luxury brands lead ESG push in China's retail sector
They accounted for 66% of all LEED-certified retail spaces in 2023.
Korean fashion brand Layer signs exclusive licensing deal with Marithé François Girbaud
Marithé François Girbaud’s rebranding in Korea led to $74m in sales.
Shein is world’s largest apparel retailer in 2023: GlobalData
The retailer’s gross merchandise value soared to approximately $45b last year.
Grown Alchemist opts for private ownership post L'OCCITANE exit
The brand is targeting international expansion, with a particular focus on North America and China.
L'Occitane names Green Yip as new APAC managing director
Yip previously served for Estee Lauder as Vice President for Travel Retailing.
Fashion brands falling behind on decarbonisation targets
This is due to supply chain disruptions and demand management issues.
South Korea’s cosmetic exports surge 20% to $2.3b in Q1
It reflects the country's growing influence in the global beauty market.
Rakuten launches ‘Service Inclusion’ initiative to promote diversity in services
It introduced the "Inclusive Salon Project" as an initial effort, providing customer service guidance for LGBTQ+-friendly beauty salons.
J-beauty firms target Indian market as natural ingredients remain popular
The demand for natural and organic products in India led J-beauty manufacturers to introduce new formulations for discerning consumers.
Esprit suffers $298.9m net loss for FY2023 amidst challenging economic environment
The group's total revenue was down 16% YoY to $7.6m.
Manolo Blahnik Group joins forces with Bluebell Group for Hong Kong launch
It is one of the many partnerships between both fashion entities.
Premium skincare brand Medipledge launches in Australia
The brand specialises in post-laser skin barrier restoration, especially for Asian skin.
Flipkart invests $54m in Myntra to fuel India's fashion e-commerce boom
Fashion spending in India is projected to increase by 13.4% YoY in 2024.
Sephora to exit South Korean market in May
It will gradually end its online, mobile app, and offline operations.
K-Beauty market to hit $13.9b by 2027
The Asia-Pacific region accounted for about 69.9% of the K-beauty products industry share.
Levi’s revamps Kyoto store
It has a station that allows shoppers to customise their apparel with embroidery, patches, and more.