Tags: h&m

Is the local fashion scene in danger?

Is the local fashion scene in danger?

With the opening of Japanese fashion giant Uniqlo in HCM City, locals now have another shopping option for affordable clothing, but the new store could also pose a threat to the local fashion industry.

UNIQLO dips toe in Hanoi waters

UNIQLO dips toe in Hanoi waters

After announcing the opening of its first 3,000 square metre store at Parkson Saigon Tourist Plaza in Ho Chi Minh City, Uniqlo is now reqruiting staff in Hanoi.

Foreign retailers raise the local game

Foreign retailers raise the local game

Along with the impacts of the Comprehensive and Progressive Trans-Pacific Partnership, ­removing the requirement for an economic needs test will create more pressure on the domestic retail sector, and force local retailers to ­improve competitiveness to prevent being swallowed up by foreign players.

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.

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.

Zara, H&M report high revenues in Vietnam

Zara, H&M report high revenues in Vietnam

For a population of nearly 100 million, of which the majority is at young age and with a steady growth of income per capita, Vietnam is considered potential market for fashion retailers.