Harsh reality sets in for fashion retail brands

Harsh reality sets in for fashion retail brands

While fashion fanatics will welcome the ever-increasing presence of international brands like UNIQLO, H&M, and Zara, the domestic consumer base has already lost a significant portion of its purchasing power amid the influence of the global health crisis on the economy, forcing domestic brands to face increased competition with new strategies to retain their business.
Zara owner Inditex bounces back from virus slump

Zara owner Inditex bounces back from virus slump

Spanish textile titan Inditex, owner of global fashion retailer Zara, said Wednesday that it swung back into profit in the second quarter as it reopened most of its stores following virus shutdowns and enjoyed strong online sales.
Fashion rivals continuing to suffer in coronavirus fallout

Fashion rivals continuing to suffer in coronavirus fallout

Thousands of dismissed labourers at suppliers in Vietnam has exacerbated the floundering performance of major garment and footwear brands across the globe like Adidas, Nike, and Zara.
Local outlets of Zara possibly subject to major restructuring by Inditex

Local outlets of Zara possibly subject to major restructuring by Inditex

Losses following COVID-19 caused Zara's parent company Inditex to close many of its fashion shops, and both Vietnamese Zara outlets could be included.    
Fast-fashion seeks speedy solutions

Fast-fashion seeks speedy solutions

High land lease prices, local preference on exported clothing, and the custom of shopping at local stores may not favour Japanese-based UNIQLO’s plan to make waves in Vietnam.
UNIQLO dips toe in Hanoi waters

UNIQLO dips toe in Hanoi waters

After announcing the opening of its first store at Parkson Saigon Tourist Plaza in Ho Chi Minh City, Uniqlo is now reqruiting staff in Hanoi.
UNIQLO to open three-storey store in Ho Chi Minh City by year-end

UNIQLO to open three-storey store in Ho Chi Minh City by year-end

UNIQLO is accelerating final preparations to launch its 3,000 square metre store in Ho Chi Minh City by the end of this year, a little behind schedule.
Local trend of sustainable development may threat H&M and Zara

Local trend of sustainable development may threat H&M and Zara

Despite being the second-largest polluters in the world, fast-fashion brands are growing at a tremendous pace in Vietnam.
EVFTA may help Phong Phu become new supplier of Zara and H&M

EVFTA may help Phong Phu become new supplier of Zara and H&M

The local textile industry will reap great benefits from the EVFTA, as demonstrated by Phong Phu JSC becoming a supplier to brands like Zara, H&M, and Levis.
TNG achieving fashionable results

TNG achieving fashionable results

One of the biggest textile apparel ­exporters in the country is hoping to build on a strong and award-winning 2018 by setting ­ambitious targets, removing the cap on foreign ownership, investing more in modern equipment, and inspiring its employees.
Meuw Menswear opens in Haiphong

Meuw Menswear opens in Haiphong 1

Urban fashion brand Meuw Menswear opens its fourth store, this time taking on the Haiphong fashion scene.
Potential new contender to challenge e-commerce

Potential new contender to challenge e-commerce

In tackling violations by e-commerce firms related to low-quality goods and fake discounts, the opening of dedicated shopping websites is set to become an inevitable trend in order to avoid negative impacts from conducting business on common e-commerce platforms, and reducing dependence on them. Anh Huong reports.
Fast fashion set to transform market

Fast fashion set to transform market

The proliferation of foreign fast fashion brands in Vietnam is heating up the local sector and drawing in more and more newcomers, which forces local brands to transform and improve their capacity to compete. Kim Anh reports.
Zara sees boycott after disrespecting shopper

Zara sees boycott after disrespecting shopper 1

Customers have been boycotting Zara in Hanoi, demanding the store to show more respect after officers of the outlet accused a woman with theft.
Garment companies selling better abroad

Garment companies selling better abroad

Vietnam’s textile and garment industry is doing well abroad, but struggling at home, according experts.
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