Loewe Archives - Inside Retail Asia

LVMH global revenue rises 16 per cent in first quarter

LVMH global revenue rose 16 per cent in the first quarter of this year, with Asia and every other geographical market fuelling growth.

Police smash massive China counterfeiting ring

Police have shut down a huge China counterfeiting ring estimated to have raked in some US$15 million.

LVMH achieves record result, with profit up 21 per cent

The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.

Thailand’s Jim Thompson plans global expansion

A Jim Thompson flagship store will open in Bangkok’s Siam Paragon tomorrow as a preliminary step toward global expansion.

FJ Benjamin’s net loss narrows to $17 million

Despite a drop in revenue, FJ Benjamin’s net loss for its latest fiscal year has narrowed to S$17.42 million.

LVMH global sales soar 15 per cent

LVMH global sales soared 15 per cent in the first half year.

LVMH sales soar as shoppers return to luxury

LVMH sales surged 15 per cent in the latest quarter to €9.88 billion.

Luxury brands urged to embrace new technologies

Luxury brands need to embrace new technologies, a Luxury Society event in Shanghai has been told.

FJ Benjamin Holdings turnover slumps

Turnover for fashion and lifestyle group FJ Benjamin Holdings fell 13 per cent, or S$8.7 million, during its latest quarter.

FJ Benjamin sales fall but restructure ‘on track’

F J Benjamin, Singapore’s largest fashion and lifestyle retailer, has reported a 15 per cent quarterly sales decline, citing subdued consumer sentiment in Singapore, Malaysia and Hong Kong.

New rich drive Vietnam luxury boom

The rapidly rising ranks of Vietnam’s uber-rich are fueling growing demand for luxury goods in the fast-growing economy. The number of ultra high net worth individuals (UHNWI) in Vietnam is predicted to double to 300 by 2024, according to the Knight Frank Wealth Report 2015. The increase of 159 per cent makes Vietnam the country with the fastest growing population of persons with a net worth of more than US$30 million, followed by another ASEAN member state, Indonesia (132 per cent). U…

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.

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