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1 week ago | 
insideretail.asia | Tong Van
View Post When Adwaita Nayar co-founded Nykaa alongside her mother, Falguni Nayar, in 2012, India was a conspicuous outlier in the global beauty landscape. Despite being one of the world’s largest and youngest consumer markets, it lacked a unified retail platform for beauty, and it was no equivalent to Sephora, Ulta, or even a drugstore chain like Boots.
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1 week ago | 
insideretail.co.nz | Tong Van
Chanel is learning that even the most established brands are not immune to the chill settling over the global luxury market. The privately held French luxury house reported a 4.3 per cent drop in revenues for the year ended December 31 to US$18.7 billion, as global luxury demand cooled and macroeconomic pressures weighed on consumers. Operating profit plunged by 30 per cent to US$4.48 billion.
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1 week ago | 
insideretail.asia | Tong Van
When Jollibee set out to refresh its global identity, it turned to London design studio Shed to do more than redesign interiors. The Filipino fast food chain asked to distill joy into a physical space. Unveiled in five new locations across Hong Kong, the latest concept features a curated colour palette, layered materials, custom furniture and graphic elements inspired by Jollibee’s Filipino heritage.
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2 weeks ago | 
insideretail.co.nz | Tong Van
Lifestyle retailer Miniso has opened a new store at The Mall LifeStore Bangkapi, a sprawling 1000 sqm space that felt more like a pop-art gallery than a discount goods store. Thousands queued on opening day, drawn by the global debut of the Stitch GenZ Street vinyl plush blind box collection, a streetwear-inspired take on a familiar Disney IP.
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2 weeks ago | 
insideretail.asia | Tong Van
Chanel is learning that even the most established brands are not immune to the chill settling over the global luxury market. The privately held French luxury house reported a 4.3 per cent drop in revenues for the year ended December 31 to $18.7 billion, as global luxury demand cooled and macroeconomic pressures weighed on consumers. Operating profit plunged by 30 per cent to $4.48 billion.
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2 weeks ago | 
insideretail.asia | Tong Van
Lifestyle retailer Miniso has opened a new store at The Mall LifeStore Bangkapi, a sprawling 1000 sqm space that felt more like a pop-art gallery than a discount goods store. Thousands queued on opening day, drawn by the global debut of the Stitch GenZ Street vinyl plush blind box collection, a streetwear-inspired take on a familiar Disney IP.
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2 weeks ago | 
insideretail.asia | Tong Van
Burberry’s annual results, released last week, offer the first real test of CEO Joshua Schulman’s turn‑round strategy Burberry Forward and a reminder of the brutal arithmetic that underpins it. Revenue for the full year ended March 30 reached £2.46 billion, down 12 per cent year on year, with sales dropping across all regions led by Asia Pacific. Burberry Forward Schulman, Burberry’s fourth chief executive in a decade, was hired last July to arrest the company’s years of drift of drift.
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2 weeks ago | 
insideretail.asia | Tong Van
French luxury goods company S T Dupont has unveiled its latest flagship store in the heart of Tokyo’s Ginza district. The opening marks the third chapter in S T Dupont’s global flagship rollout, following Paris and Hong Kong, and is part of a sweeping rebranding effort launched in 2023 to reframe the brand’s legacy for a contemporary audience.
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3 weeks ago | 
insideretail.com.au | Tong Van
Tapestry reported a better-than-expected performance for the third quarter ending March 29, raising its full-year outlook despite shifting consumer behavior and an unpredictable trade environment. The parent company of Coach, Kate Spade and the soon-to-be-divested Stuart Weitzman reported a 7 per cent year on year growth to $1.58 billion, with net income surging45 per cent to $203 million.
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3 weeks ago | 
insideretail.asia | Tong Van
Tapestry reported a better-than-expected performance for the third quarter ending March 29, raising its full-year outlook despite shifting consumer behavior and an unpredictable trade environment. The parent company of Coach, Kate Spade and the soon-to-be-divested Stuart Weitzman reported a 7 per cent year on year growth to $1.58 billion, with net income surging45 per cent to $203 million.
