Singapore 

Thai fashion brand Pomelo opens first overseas store in Singapore, Lifestyle, Business, Singapore News

Thailand-based omni-channel fashion brand Pomelo plans major expansion in Asia, opening up to 150 branches by 2023 from the eight branches at present, to count at least 50 million customers in the region, the company’s co-founder and chief executive officer David Jou said. Currently, the company has some 2 million customers in Thailand, Singapore, Indonesia, Malaysia, Philippine, Hong Kong, Australia, the US, and Europe. The business expansion will focus on Asian countries like Thailand, Singapore, Malaysia, Indonesia, Philippines, and Hong Kong, he said. “We will invest on average about Bt20 million…

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Forget K-pop and US missiles, Korea is back in fashion with China thanks to live-stream shopping

Camera lights wash over Ding Xiaoping as she broadcasts herself across the internet from an iPhone, from inside a minimalist-style living room complete with an ornate faux fireplace. Sporting a trendy auburn hairstyle and bright coral lipstick, Ding speaks in rapid-fire mandarin introducing 2,000 of her Taobao live-streaming channel viewers to the high-waist pink pastel shorts she’ll be wearing for the next 10 minutes – until she changes into her next look.For many Chinese consumers and… Source link

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China 

Trade war to hit high-end US fashion brands dependent on specialised Chinese manufacturing

High-end US fashion brands have become more reliant on China for manufacturing, making them more vulnerable to an increase in trade war tariffs, a new study shows.While imports of basic apparel items such as T-shirts and underwear can easily be shifted to lower-cost production hubs such as Vietnam, Cambodia or Bangladesh, China has become so specialised in the manufacturing of higher-value goods such as accessories and coats, that US brands may be forced to stomach the tariff hike.Research from… Source link

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Home 

Hong Kong’s mall landlords mix gaming, golf and fashion with retailing as they search for oomph to hang on to return shoppers

The landlords of Hong Kong’s shopping centres are combining entertainment with retailing to turn many of the city’s malls into lifestyle destinations, a strategy for hanging on to returning customers as they compete with the increasing popularity of e-commerce.At least three malls in Mong Kok, Causeway Bay and Tsim Sha Tsui are offering activities such as e-sports, mini golf, indoor family entertainment along with their main retail offerings of shoes, apparels and toys.“The retail market is… Source link

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Singapore 

Second-hand shopping in Singapore: Top thrift and vintage stores to dress like a 90s fashion icon, Singapore News

Thrifting clothes is a growing popular as it is both environmentally friendly and affordable as compared to fast fashion options. To add, the 80s and 90s fashion seem to be making a resurgence among younger individuals and even celebrities nowadays. Although the thrift and vintage community here isn’t as big as it is in other countries, there are still a number of places for you to check out. GENERAL SECOND-HAND GOODS 1. SALVATION ARMY PRAISEHAVEN MEGA FAMILY STORE Photo: Red Shield Industries/Facebook This is arguably the largest second-hand store in…

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Home 

Fashion group Esprit reports wider first-half loss on brand weakness

Fashion group Esprit Holdings on Tuesday posted a bigger loss for the first half amid changes in consumer behaviour, price competition and reduced customer traffic across its distribution channels due to weakness of its brand.The Europe-focused clothing retailer reported a net loss of HK$1.77 billion (US$225.5 million) for the six months ended December, including a HK$924 million loss on provision for store closures and leases. That compared with a net loss of HK$954 million in the year-ago… Source link

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Vietnam 

Japanese firm acquires Elise fashion brand – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Advantage Partners has acquired Elise Fashion for its leading position in the women’s fashion market. — Photo websosanh.vn Viet Nam News HÀ NỘI — Japanese investment firm Advantage Partners has acquired Elise Fashion Limited, one of Việt Nam’s top fashion brands for women, and its affiliate companies. The deal was made through its Advantage Partners Asia Fund and affiliated entities for an undisclosed value. This transaction marked the first acquisition between Advantage Partners and a Vietnamese company, the firm said in a press release. “AP Funds were…

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Home 

Singapore’s Zilingo raises US$226 million to expand fashion site inspired by Bangkok’s Chatuchak market

Zilingo, a Singapore-based online fashion marketplace, raised US$226 million to fund an expansion into the Philippines, Indonesia and Australia. Investors in the series D financing included Sequoia Capital, Temasek Holdings, Burda Principal Investments, Sofina and EDBI, the company said on Tuesday without disclosing a valuation. The start-up is valued at US$970 million, according to people familiar with the matter who asked not to be named because the information is private. Zilingo, founded by Ankiti Bose and Dhruv Kapoor, started as a fashion and lifestyle marketplace in 2015 to help small…

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Singapore 

Case says more than 38 ‘misled’ by e-shop’s hidden membership fees; Fashion Interactive denies using ‘fine print’, Singapore News

SINGAPORE – Online shoppers are being warned about reading the fine print after several complaints about an online shop’s membership programme. The Consumers Association of Singapore (Case) said that it started receiving complaints from customers of Fashion Interactive as early as November 2015. The firm runs an e-commerce site called myglamorous.sg and sells footwear, Case said in a statement on Wednesday (Jan 16). Consumers were unaware of being automatically enrolled in a membership programme after making a purchase and were charged recurring monthly membership fees. They had overlooked the membership enrolment as…

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Vietnam 

VN Fashion Fair 2018 to open in Hà Nội – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Booths at Việt Nam Fashion Fair 2017. – Photo vietnamnet.vn Viet Nam News HÀ NỘI — Việt Nam Fashion Fair 2018 will open its doors on Thursday in the capital, showcasing apparel, leather, footwear, jewellery and beauty services. The fair will feature more than 200 stalls on a 4,000sq.m site with the participation of nearly 150 businesses including some from Indonesia and South Korea, according to the Việt Nam Exhibition Fair Centre JSC (VEFAC), one of the event’s organisers. Among the exhibitors are renowned domestic garment and…

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