Fendi Archives - Page 3 of 3 - Inside Retail Asia

Ribbon cut for Korea’s Starfield Hanam

A Taubman Asia and Shinsegae Group development, the Starfield Hanam shopping center has opened near Seoul.

Indonesia leading charge, says Asia Luxury Index

Indonesians are now Asia’s foremost online buyers of luxury goods, according to the Asia Luxury Index.

L Real Estate sells stake in Shanghai project

L Real Estate, connected with LVMH, has reportedly sold out its 59 per cent stake in a Shanghai commercial project.

Gala opening for DFS Group Cambodia

DFS Group Cambodia has marked the opening of its first store, T Galleria by DFS, Angkor, with a gala event.

Cambodia duty-free store opened by DFS

Luxury travel retailer DFS Group has opened its first T Galleria Cambodia duty-free store in the resort town of Siem Reap.

Studio City retail tenants revealed

Taubman Asia, managing the Macau Studio City retail component, has named the tenants already signed up.

Mall Group attracts major names

Tiffany & Co heads a list of major international brands confirmed as tenants of three Mall Group developments in the heart of Bangkok.

South Korea luxury sales weaken

Luxury retailers have seen their South Korea sales decline amidst sluggish demand. Italian brand Fendi posted a net profit drop of 77 per cent to 269.34 million won ($266,277) in fiscal 2013. Another Italian brand, Ferragamo, said net profit in the year to December 31 declined 43.5 per cent to 8.08 billion won ($8 million) due to a rise in sales management costs. Gucci reported full-year sales decreased 5.2 per cent to 252.5 billion won ($249.6 million). Burberry and Prada bucked the…

LVMH Group expands

Global luxury giant buys majority stake in Italian cashmere firm.

Luxury comes to Indonesia

Luxury brands planning more stores in Indonesia.

The best of the best

The world’s most valuable luxury brands ranked.

China’s middle class tsunami

Every day more Chinese consumers enter the middle class. How are – and can – western retailers share the new wealth?

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