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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 is predicted to decline by 15.2 per cent this year – equivalent to US$297 billion – as a direct result of the coronavirus pandemic.
Iconic British menswear retailer TM Lewin has been sold by Bain Capital to private-equity company SCP through its new subsidiary Torque Brands.
Under Armour sales fell 23 per cent in the first quarter, with about two-thirds of the fall attributed to the Covid-19 pandemic.
Hong Kong’s Fashion Farm Foundation is set to hold its sixth FFFriday campaign to promote the city’s fashion industry and provide a platform for the city’s designers to showcase their designs and creative ideas.
B2B e-commerce platform Nuorder is launching a virtual showroom service for brands to showcase products via an immersive online experience.
Upcycled fashion label The R Collective has launched its Denim Reimagined capsule collection at K11 Musea’s Levi’s store in Hong Kong.
Uniqlo Japan same-store sales including online plunged 56.5 per cent in April as the Covid-19 crisis led to restricted store opening times.
Outlining a survival strategy for the coronavirus pandemic, Puma says its global operations are split into three phases: Survive, Recover and Grow Again.
Shanghai Tang has partnered with Hong Kong organisation Lifelong Animal Protection Charity in a campaign ‘Catch me if you can’ to help abandoned cats.
French fashion house Louis Vuitton is raising prices for its luxury items in the South Korean market, allegedly in a bid to take advantage of a prospective surge in buying following the coronavirus outbreak.
Alibaba has launched a new platform Luxury Soho, targeting young, value-conscious aspirational shoppers, and helping high-end brands quit surplus inventory.