Fashion & accessories Archives - Inside Retail Asia

Asos upgrades sales and profit outlook as returns drop

British online fashion retailer Asos forecast full-year sales and profit significantly ahead of market expectations.

Hong Kong leads ‘drastic’ drop in sales for Giordano

A “drastic” drop in sales has led apparel retailer Giordano International to record a US$22.6 million loss in the six months to June.

Japan’s World Co to shut 358 stores by March

Japanese apparel firm World Co says it will shutter 358 outlets nationwide by March next year.

Three Asian fashion-tech startups to launch online

Three fashion-tech businesses, all graduates of Singapore’s Textile and Fashion Federations’ Bridge Fashion Incubator programme, are launching their respective brands this month.

New brands join line-up at The Shoppes at Marina Bay Sands

The Shoppes at Marina Bay Sands has revealed a list of store openings and new brands for the shopping centre this year.

H&M suspends employees over use of racial slur

H&M says it has suspended a number of employees over the use of a racial slur relating to the name of a hat to be sold through its & Other Stories brand.

Hong Kong DTC label Lane Eight launches sustainably made workout shoe

Hong Kong-based DTC shoe wear start-up Lane Eight, has just released an all sustainable workout shoe range.

Adidas China sales flat, but German brand expects profit rebound

German sportswear firm Adidas said on Thursday it expected a rebound in profits in the third quarter after it plunged to a big loss in the second quarter when the majority of its stores were closed due to coronavirus lockdowns.

Ralph Lauren revenue dives as pandemic erases demand

Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirus-led store closures and a slowdown in demand for luxury goods across the world.

Hong Kong’s Fashion Walk creates a pop-up concept with Asian Gold

Hong Kong’s Fashion Walk has launched a pop-up store concept in collaboration with the lifestyle brand Asian Gold.

VF Corp names new China chief

US apparel firm VF Corp has appointed Winnie Ma as its new president for Greater China.

Uniqlo same-store sales up 4 per cent in July on stay-at-home demand

Casual fashion brand Uniqlo’s Japanese same-store sales rose 4 per cent year on year in July as consumers stocked up on comfortable “stay at home” clothes amid the novel coronavirus pandemic.