China to Place Consumption Tax on More Luxury Goods

Beijing's Sanlitun Shopping Centre | Source: Shutterstock

BEIJING, China — China will widen the scope of its consumption tax to include more luxury goods, the official Xinhua News Agency reported, a sign that some high-end brands may become more expensive for purchasers on the mainland.

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Long Overlooked, the Flourishing Philippines

Jacket and tie in the Philippines' national colours | Source: Ayala Land, Inc.

The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.

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Singapore’s Luxury Malls Face Off in IPO Contest

Paragon Shopping Centre, Singapore | Source: Shutterstock

SINGAPORE — Facing each other across Singapore’s Orchard Road shopping belt, the malls owned by Singapore Press Holdings Ltd. and Overseas Union Enterprise Ltd. have competed for shoppers. Now, they will compete for investors.

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Chinese Malls Waive Rents as Vacancies of 30 Percent Loom

TaiKoo Hui Mall, Guangzhou, China | Source: Shutterstock

BEIJING, China —Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies.

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Photo Diary | Milan Men’s Fashion Week, Day 3: Diesel, Emporio Armani, Gucci, Etro, Canali, Fendi

Emporio Armani Spring/Summer 2014 | Photo: Sonny Vandevelde

MILAN, Italy — As Milan Men's Fashion Week continues, our trusty contributing photographer Sonny Vandevelde provides us with behind-the-scenes photos from the Diesel, Emporio Armani, Gucci, Etro, Canali and Fendi shows.

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Summer Suit Making a Comeback for 2014 in Milan

Source: Associated Press

MILAN, Italy — The summer suit makes a huge comeback for next year's warmer months, in more shapes, fabrics and colors than ever before. Once a lightweight copy of the classic winter style, the 2014 summer suit, which dominates the runway on the third day of menswear preview showings as it has throughout Milan Fashion Week, has a life all its own.

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