Fendi Archives - Page 3 of 3 - Inside Retail Asia
A Taubman Asia and Shinsegae Group development, the Starfield Hanam shopping center has opened near Seoul.
Indonesians are now Asia’s foremost online buyers of luxury goods, according to the Asia Luxury Index.
L Real Estate, connected with LVMH, has reportedly sold out its 59 per cent stake in a Shanghai commercial project.
DFS Group Cambodia has marked the opening of its first store, T Galleria by DFS, Angkor, with a gala event.
Luxury travel retailer DFS Group has opened its first T Galleria Cambodia duty-free store in the resort town of Siem Reap.
Taubman Asia, managing the Macau Studio City retail component, has named the tenants already signed up.
Tiffany & Co heads a list of major international brands confirmed as tenants of three Mall Group developments in the heart of Bangkok.
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…
Global luxury giant buys majority stake in Italian cashmere firm.
Luxury brands planning more stores in Indonesia.
The world’s most valuable luxury brands ranked.
Every day more Chinese consumers enter the middle class. How are – and can – western retailers share the new wealth?