Kering Archives - Page 3 of 4 - Inside Retail Asia
Profit drop warning by Hengdeli
Hong Kong-listed luxury watch retailer Hengdeli Holdings has warned its shareholders to expect a 70 per cent drop in profit share.
Brioni Cambodia opens in Phnom Penh
Brioni Cambodia introduces Italian luxury menswear to Phnom Penh’s Vattanac Capital Mall.
Tight market hits Watches & Wonders
The Watches & Wonders exhibition in Hong Kong may be cut back to every two years in the face of slipping luxury sales.
Louis Vuitton sues Chinese for selling fakes
Louis Vuitton is seeking $37,900 in damages from three Chinese individuals for selling fakes on Alibaba’s Taobao.
Paipai.com axed to fight counterfeiting
China’s number 2 eCommerce player JD.com has axed its consumer to consumer online store Paipai.com in a bid, it says, to cut sales of counterfeit goods.
Kering ratchets up legal fight with Alibaba
French-headquartered luxury brand owner Kering is seeking to fast track its legal suit against Alibaba after what it considered “greatly troubling” comments by Jack Ma.
Kering expects Hong Kong rent relief
Luxury international retail group Kering says it expects Hong Kong rent relief by the end of the year.
Japan retail rebounds
As the world’s fourth largest economy emerges from depression, global retailers are again taking Japan seriously. Over almost the last decade, Japan has been overlooked as a first priority market for the expansion of fashion brands. But now it is back with a vengeance and retailers are flooding to the market to boost their presence there. Until last year the world’s second biggest luxury market, Japan has suffered in recent years from a stagnant economy, highly valued currency and one …
Online China luxury goods mall expands
A China luxury goods online shopping mall has received a US$30 million boost form a series C funding round.
Gucci parent sues Alibaba
Gucci parent, Kering of France, has filed suit against Alibaba alleging it knowingly allows counterfeit goods to be sold on its sites.
Gucci China blamed for Kering slowdown
Falling sales by Gucci China have eaten into parent Kering’s latest results.
Hengdeli shifts focus to mid market
Chinese watch retailer and wholesaler Hengdeli Holdings is to expand into the mid market as it mainland China business grows.
