By Bloomberg Published July 29, 2025 L’Oréal, the French beauty giant known for brands such as Lancôme, Maybelline and CeraVe, reported weaker-than-expected sales in the second quarter, as a slowdown in North Asia, travel retail, and its core European market weighed on results. L’Oréal Q2 sales miss expectations as global demand softens – L’Oréal Quarterly…
Guess Jeans is set to open its first store in mainland Asia, in Tokyo, on July 4. Guess Jeans opens first mainland Asia flagship in Tokyo. – Guess Jeans Located in the Jingūmae Neighbourhood, the store blends Japanese and Californian design influences to reflect the brand’s roots while embracing Tokyo’s dynamic fashion culture. Spanning four-stories,…
By Adnkronos Translated by Nazia BIBI KEENOO Published May 14, 2025 Italian luxury brand Ferragamo reported €221 million in revenue for the first quarter of 2025, reflecting a decline of 1% at constant exchange rates and 2.6% at current exchange rates compared to €227 million in Q1 2024. See catwalkFerragamo – Fall-Winter 2025 – 2026…
By Bloomberg Published April 22, 2025 In any conflict, you have to recruit allies. Unfortunately for Donald Trump, that’s also true of his trade war. Some of his advisors understand this: Treasury Secretary Scott Bessent intends to use the “90-day pause” he won from the president to round up old friends and encircle China. Bloomberg…
French fashion giant SMCP announced on Friday the appointment of Kleine Tan as CEO of the firm’s Asia region, effective April 1. Kleine Tan – SMCP Tan succeeds Jimmy Lam, who has decided to pursue new opportunities outside the group, which owns the Sandro, Maje, Claudie Pierlot, and Fursac brands. “I am delighted to join SMCP….
By Bloomberg Published March 13, 2025 Sephora Chief Executive Officer Guillaume Motte has taken personal charge of its operations in China, the latest management shift at the LVMH-owned cosmetics retailer as it struggles to win over consumers in the world’s second-largest economy. Bloomberg Alia Gogi, who was appointed Sephora Asia’s president in 2020, resigned…