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Chanel faces fair-trade probe in South Korea

French luxury label Chanel is under investigation for alleged breaches of South Korea’s Free Trade Act.

French Connection will collapse without funding injection

Without securing an imminent financial lifeline, ailing UK-headquartered fashion chain French Connection is likely to collapse.

Cashed-up Chinese consumers are buying more domestic brands

Wealthy Chinese consumers are spending up large on domestic brands sold online, according to new data from local e-commerce giant JD.

Vestiaire Collective launches on Zalora

Fashion e-tailer Zalora has partnered with global pre-owned fashion platform Vestiaire Collective. Zalora’s Hong Kong customers can now access more than 5000 authenticated Vestiaire items across womens’ and mens’ categories via the firm’s website and app. Plans are currently in place to extend the offering to other Zalora markets. The partnership is an effort to promote circu…

Gentle Monster teams with Black Pink’s Jennie in ‘Jentle Home’ pop up

Eyewear retailer Gentle Monster has collaborated with Black Pink’s Jennie to launch ‘Jentle Home’ pop up in Seoul, South Korea.

Japanese clothing firm Renown collapses

Japanese heritage clothing firm Renown, majority owned by China’s Shandong Ruyi, has filed for bankruptcy after the closure of department stores cut its cashflow.

Korean retailer launches do-not-disturb shopping service

Lotte Department Store, one of South Korea’s country’s major department-store chain operators, will introduce a do-not-disturb shopping service.

Puma explores sustainable technologies with Central St Martins students

Puma has partnered with London design school Central St Martins to launch a new collection using sustainable technologies.

Li Ning founder bids to take control of Bossini

A Chinese company controlled by Li Ning plans to buy a controlling stake in Hong Kong-listed apparel group Bossini, with plans to expand the business in Mainland China.

7-Eleven and Nike to launch co-branded sneakers

7-Eleven and Nike will collaborate to create a new sneaker featuring the convenience-store chain’s distinctive logo colours, but the shoes will most likely be released only in Japan.

Global apparel spending to slump by $300 billion in 2020, says GlobalData

Global apparel spending is predicted to decline by 15.2 per cent this year – equivalent to US$297 billion – as a direct result of the coronavirus pandemic.

TM Lewin

Iconic menswear retailer TM Lewin sold to PE investor

Iconic British menswear retailer TM Lewin has been sold by Bain Capital to private-equity company SCP through its new subsidiary Torque Brands.