Author: Faraz Khan

PARIS - Fashion group SMCP, owner of French fashion labels Sandro and Maje, said on Thursday it signed a deal with Reliance to expand into India and will join other high-end European brands opening stores in the Jio World Plaza mall in Mumbai."There aren't a lot of accessible luxury fashion labels in India so we think it's time to be pioneering," said SMCP CEO Isabelle Guichot, citing India's wealth and growing population of younger generations among reasons for entering the country. After years of testing the Indian market with outlets in luxury hotels, high-end European labels are seeking to expand their retail presence there to tap its strong economic growth and a rapid rise in the number of local millionaires. SMCP did not disclose the financial terms of its partnership with Reliance ...

Economic recovery in the Philippines’ is expected to remain robust amid high inflation and weaker external demand, according to the ASEAN+3 Macroeconomic Research Office’s (AMRO) 2023 Annual Consultation Report on the Philippines.AMRO was set up to contribute toward securing macroeconomic and financial resilience and stability of the ASEAN+3 region, comprising 10 members of the Association of Southeast Asian Nations (ASEAN) and China, Hong Kong, Japan and South Korea.The Philippines' economic recovery is expected to remain robust amid high inflation and weaker external demand, according to the ASEAN+3 Macroeconomic Research Office's 2023 Annual Consultation Report on the Philippines. Growth is forecast to moderate to 5.6 per cent in 2023 from 7.6 per cent last year, and to pick up to...

A push by the US to drastically reduce its reliance on mainland China has forced Hong Kong exporters to sever some ties at home and over the border, with firms also cutting down on imports of raw materials due to threats of boycotts, industry leaders have told the Post.But a shippers’ organisation said moves to diversify away from the country would not be easy, as it was an integral part of the global supply chain and difficult to replace. Amid the disruption, manufacturers and brands both locally and abroad said they had to face new business realities, some of which required overhauling operations.Dennis Ng Kwok-on, vice-president of the Chinese Manufacturers’ Association of Hong Kong, told the Post that the United States had started to ask local exporters who recently moved operations to...

The holiday season is upon us, and it’s time to elevate your wardrobe with the best black party dress for the holiday that will turn heads and make a statement. Whether you’re attending a glamorous soiree, a festive gathering, or a New Year’s Eve celebration, I have curated a collection of the best black party dresses that will have you looking chic and ready to slay the night.The Classic Little Black Dress (LBD):Every woman needs a timeless LBD in her wardrobe, and the holidays are no exception. Opt for a classic silhouette that flatters your figure and allows you to accessorize with statement pieces. A knee-length or midi black dress with a hint of sparkle or lace detailing is a versatile choice for various holiday events.Sequin Sensation:Sparkle and shine with a sequin-adorned black par...