Galleria Archives - Inside Retail Asia

Hermes Asia sales fuel record margin for luxury label

A Hong Kong property windfall and the Hermes Asia business helped the luxury label set a record profit margin during the first half of this year.

Strong sales growth for Hermes Asia

Hermes Asia sales grew 11.3 per cent last year toUS$2.4 billion as the luxury retailer set a new record for gross retail margin.

3.1 Phillip Lim settling into Seoul

US fashion brand 3.1 Phillip Lim is opening stores in Seoul via Handsome, the apparel unit of Hyundai Department Store.

Management partnerships bolster CapitaLand Mall Asia

Through subsidiary CapitaLand Mall Asia, CapitaLand is accelerating its retail expansion in China via management partnerships.

Emilio Pucci launches into Korea

Emilio Pucci has opened in Seoul its first store in South Korea, in Seoul.

South Korean department stores set to smash sales record

South Korean department stores are tipped to chalk up sales of more than 30 trillion won (US$25.6 billion) for the first time this year.

Korean label Kuho to launch in US

Samsung C&T Fashion Group’s womenswear designer brand Kuho will launch in the US market next spring.

Shinhan card service offers discount

South Korean credit card Shinhan has introduced a service that offers a 10 per cent discount at franchise outlets.

Spyder launches in Korea

Ski and sportswear brand, Spyder has launched in South Korea with an all-new product line available in freestanding stores and shop-in-shops.

Winser London expands to Korea

Online fashion retailer Winser London is expanding outside the UK just a year after its launch. The retailer, founded by former Marks & Spencer director Kim Winser, has teamed up with South Korean department store Galleria to take advantage of the fashion-conscious consumers in the country. “The Korean market is trading extremely well,” said Winser. “Like-for-like sales in single-brand stores there are seeing growth of six per cent-seven per cent, while multi-brand stores are see…

DFS Group to open Europe stores

Hong Kong-based DFS Group plans to open its first European store in 2016. The luxury travel retailer, majority owned by the world’s largest luxury conglomerate Moët Hennessy Louis Vuitton (LVMH), is currently seeking prime locations in countries including Switzerland, Italy and France. The company says the European stores are aimed at Chinese consumers frequently travelling to the continent. According to shopping tourism company Global Blue, the overseas tax free shopping by Chinese re…

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