Fierce rivals Shein and PDD Holdings-owned Temu have applied to end their legal fights with each other in the US, documents show, marking a truce even as a global market…
Fashion industry
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Europe’s biggest online fashion retailer Zalando sees continued pressure on demand for the rest of the year and now expects 2023 sales to decline, the company said on Wednesday as…
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Online fashion retailer ASOS warned sales would fall again in 2024, hitting its shares, though the British company said its ongoing turnaround meant growth would return the following year. ASOS…
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AsiaBusinessFashion Brand
Estee Lauder Eyes Weak Annual Results on Slow Recovery in Asia Travel Retail
Estee Lauder on Wednesday cut its annual profit forecast and said it expects a drop in annual sales, as the MAC lipstick maker struggles with a slower-than-anticipated recovery in its…
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This includes Singapore, Malaysia, Indonesia, and Hong Kong. Love, Bonito plans to “double down” on its omnichannel expansion in its key markets in Asia, particularly Singapore, Malaysia, Indonesia, and Hong…
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Managing Director Oldouz Mirzaie discusses growth, digital transformation and sustainability as core strategies in an evolving market. Amidst the rise in digitalisation, H&M South Asia is leading the charge in…
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AsiaEconomyFashionFashion BrandFashion Industry
Fashion Supply May Face Shortfall From Extreme Weather: Report
Several manufacturers may face a 22% shortfall, missing out on US$65 billion in export earnings. Apparel and fashion manufacturers from climate-vulnerable countries may face a 22% shortfall, by an estimated…
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AsiaFashionFashion BrandFashion IndustryIndia
Myntra Launches Fashion Label Kenneth Cole in India
by Lola Martinby Lola MartinMyntra announces the launch of global designer-led fashion brand, Kenneth Cole, further boosting the portfolio of international brands available on its platform. A brand with huge international repute, Kenneth Cole…
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Hugo Boss on Thursday reaffirmed its full-year outlook after posting quarterly results in line with analysts’ expectations, supported by strong demand for its products despite a broader downturn in the…
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AsiaFashionFashion BrandGlobal News
Kenzo x Hunter Boots Unveils an Exciting ‘East Meets West’ Collab
Kenzo is collaborating with the iconic British heritage label Hunter Boots for an exciting new footwear collection. Here’s what we know about it. Continuing to incorporate the ‘East Meets West’…