The layoffs have affected employees across several of the company’s Southeast Asian markets including Indonesia, Thailand and Vietnam, sources told DealStreetAsia. The company is said to have emailed employees affected…
Asia
-
-
While continuing independent operations, Highsnobiety will act as a strategic and creative consultant helping Zalando develop new inspiration-focused spaces and formats on its platform. In turn, joining the Zalando Group…
-
The online retail giant said on Wednesday that it filed two joint lawsuits with Cartier against an unnamed social media influencer and eight businesses for allegedly promoting counterfeits on social…
-
AsiaFashionFashion Brand
Acne Studios Exhibits Scandinavian Minimalism at Its First Store in Singapore
Acne Studios Singapore juxtaposes frankness and fragility with glass Located beside the iconic rain oculus at the South wing of The Shoppes at Marina Bay Sands, one can easily peer into…
-
AsiaFashionFashion BrandFashion Industry
Chow Tai Fook Arm in Bid for Giordano International
by Andrew Masonby Andrew MasonClear Prosper Global Ltd., a BVI vehicle wholly-owned by Chow Tai Fook Nominee Ltd., offered to buy Giordano for HK$1.88 (24 cents) per share, according to a filing late Thursday.…
-
Once the shares are bought back they will be canceled which will reduce total shares outstanding from 570 million to 478 million. A Special General Meeting (SGM) will be needed…
-
AsiaFashionFashion BrandFashion Industry
Giorgio Armani is Determined to Keep His Fashion Empire out of French Hands
“Idon’t know how any of us can think any of this is replicable without me,” says Giorgio Armani, speaking in a small backstage meeting room a few hours before his…
-
AsiaFashionFashion BrandFashion Industry
Marimekko Drafting SEA Expansion, by Entering Vietnam and Malaysia
Finnish lifestyle brand Marimekko is accelerating its expansion plan in Southeast Asia, eyeing entering Vietnam and Malaysia this year under a franchise partnership with Jaspal Group. The expansion, which will…
-
H&M is investigating 20 alleged instances of labour abuse at Myanmar garment factories that supply the world’s second-largest fashion retailer, it told Reuters, just weeks after top rival Zara-owner, Inditex,…
-
AsiaFashionFashion BrandFashion Industry
H&M Indonesia Boosts Productivity, Compliance, Employee Engagement, and Sustainability with YOOBIC
H&M Indonesia today revealed outstanding results from its partnership with YOOBIC, the leading employee experience platform for frontline teams in the retail and hospitality spaces. Adopted across the global retailer’s more than…