Tag Archives: fashion retail

ASEAN mid-class to spend more on fashion items–survey

(Source: Sunstar.com.ph | November 30, 2018) According to a recent survey, middle class in southeast Asian cities particularly in Jakarta, Kuala Lumpur and Bangkok, are willing to spend more money on fashion items over the next two years, The survey was conducted by Hong Kong Trade Development Council (HKTDC) and it reported that fashion took the third place in terms ...

Read More »

Bench opens three more stores in UAE

(Source: Inside Retail Asia | October 3, 2018) Homegrown fashion brand Bench continues to expand in various parts of the world as it recently opened three new stores in Dubai and Abu Dhabi last September 27-28. The three new stores are in Al Wahda Mall, Abu Dhabi, Satwa District and BurJuman Centre in Dubai. BurJuman Centre store measures 1179 sq. ft. ...

Read More »

Uniqlo opens biggest Southeast Asian store in Makati

(Business Mirror, Bloomberg | October 6, 2018) A 4,100-square-meter Uniqlo flagship store has recently opened in Makati—the biggest in Southeast Asia. The new chain, owned by Fast Retailing Co., is almost two times bigger than the 2,700-sq-m site which opened on Orchard Road in Singapore two years ago. The new addition adds up the total Uniqlo stores in the Philippines’s ...

Read More »

Guess and Alibaba unveil AI-powered store of the future at Hung Hom

(Source: Inside Retail Asia | July 5, 2018) Guess has collaborated with Alibaba Group to bring artificial intelligence (AI) to the fashion world in a store of the future. The two companies have teamed with Hong Kong Polytechnic University (PolyU) to open a short-term FashionAI store at PolyU’s Hung Hom campus, billed as “a glimpse of what the future of ...

Read More »

Uniqlo to open largest outlet in PH, SE Asia

(Manila Standard | May 13, 2018) The Philippine will host the largest Uniqlo store in the country and in Southeast Asia, Japanese retail holdings company Fast Retailing Co. Ltd. announced over the weekend. “We are honored and excited to open our first Uniqlo Global Flagship Store in the Philippines. Having been a member of the local retail scene since 2012, ...

Read More »

Sales staunch for Hermes International

(Inside Retail Asia | May 4, 2018) Despite currency fluctuations knocking out €104 million (US$124.5 million) of revenue, Hermes International reports solid first-quarter sales with China again a hero. Excluding Japan, Asia achieved 16 percent growth. Japan continued with outstanding growth of 8 percent. In January, the group opened a Landmark Prince’s flagship store in Hong Kong. The French luxury ...

Read More »

H&M breaks silence on $4.3-billion unsold inventories

(Source: Philstar.com | April 12, 2018) The March 27 New York Times story titled, “H&M, a Fashion Giant, Has a Problem: $4.3 Billion in Unsold Clothes,” sent shock waves across an industry still reeling from a “retail apocalypse,” when one known fashion label after another is filing for bankruptcy. In response to the New York Times article, the Philippine office ...

Read More »

Nine West collapses under massive debts

(Source: Inside Retail Asia | April 10, 2018) Women’s shoe retailer Nine West, saddled with billions of dollars of debt, has filed for Chapter 11 bankruptcy in New York. There are widespread reports the brand will be bought by Authentic Brands, which last month bought Nautica, adding to a portfolio including Juicy Couture. Nine West also owns the Bandolino shoe brand, ...

Read More »

Downhill slide for Bossini International

(Source: Inside Retail Asia | September 22, 2017) “Severe” competition in core markets and continuing weak consumer sentiment have shredded profits for apparel company Bossini International Holdings for its fiscal year to the end of June. It was hit hardest at home in Hong Kong, where despite more positive business sentiment the its retail business continued to languish. Strong growth ...

Read More »

Uniqlo Singapore introduces Click & Collect

(Source: Inside Retail Asia | August 28, 2017) Uniqlo Singapore has launched the casualwear brand’s Click & Collect service, allowing shoppers to pick up their online purchases at any of its Singapore stores. Customers can choose from the Japanese brand’s full line-up of products, including extra sizes, on its online store. They can then opt to pick up their purchase ...

Read More »
Copyright @ 2014 Philippine Retailers Association. | Powered by MediaBlast Digital Corp.