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Onitsuka Tiger grandly opens its Yellow concept on the Champs-Elysées

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Onitsuka Tiger loves the Champs-Elysées. One year after bringing the 19th-century mansion at number 25 Avenue to life during the Olympic Games to celebrate its 75th anniversary, the Japanese brand is back in a big way, in yellow and black. This July, the label founded in Kobe by Kihachiro Onitsuka, who later gave birth to Asics in 1977, inaugurates a flagship store in which it deploys its Yellow concept over 500 square meters in the building built for the sultry Marquise de Païva.

The facade of the Onitsuka Tiger flagship – Onitsuka Tiger

After inaugurating a London flagship with its Red concept a few weeks ago, the brand is now offering its most cutting-edge universe in Paris, designed by Milanese architecture studio Dini Cataldi. The space extends over two levels. At the entrance, after descending a few steps, the brand’s latest creative proposals, mixing premium sneakers and leather shoes with contemporary style, are displayed in transparent yellow Plexiglas columns and on two white neon-lit walls, playing off the black glossy floor. A spacious café adds to the brand experience. Another flight of bright yellow steps leads to a second room with a high arcade ceiling.

Here, visitors discover the latest sports-inspired collections, such as the Japan-produced model of the Mexico 66TM NM interpreted in blue-white-red for the occasion, or the brand’s perfume. They then wander through a maze of the brand’s textile collections on display in Milan, leading to a former vault converted into a fitting room.

Onitsuka Tiger

While Onitsuka Tiger already has a store in the Les Halles district, this flagship store at the foot of the touristy Champs-Elysées avenue marks the brand’s evolution in recent years.

“Our Les Halles store is much smaller. When it first opened, we were much more focused on the brand’s sporting heritage. But today, as a fashion brand, we’re growing to, let’s say, capture the trend and present the contemporary type of footwear,” explained brand boss, Ryoji Shoda, at the flagship’s inauguration.

“And then, if we were to develop this part, we obviously need a larger surface area to accommodate a large number of customers with different tastes.”

Ryoji Shoda
Ryoji Shoda – FNW/OG

The avant-garde design of the premises is a clear departure from the brand’s previous Paris-based universe, a sign of the brand’s turnaround a few years ago, first in Asia, then in Europe in recent months. The brand is on the offensive, offering a cultural and lifestyle immersion that highlights its positioning announced for 2019 in its direct sales outlets, after having considerably reorganized its distribution in recent years to focus on its flagships.

After Barcelona and London, given the European economic climate, the brand is likely to limit openings on the Old Continent in the coming months.

“We think the important markets in Europe have been covered for now,” explained the brand’s general manager.

“Being in these cities allows us to be in contact with European customers who travel. For us, however, it’s not just about opening stores. We’ve done a lot of work on our e-commerce, and our business is flourishing, enabling us to sell all over Europe.”

Onitsuka Tiger

Between Milan, where the brand will continue to parade, Barcelona, London and Paris, Onitsuka Tiger has major flags in Europe’s tourist capitals. It could strengthen its market positions through relationships with certain department stores.

In fact, Europe is gaining in importance, as is the United States for the brand, which still relies primarily on its business in Asia, particularly China and Japan. According to Shoda, the brand’s turnover is 120 billion yen (705 million euros), almost double that of six years ago, with sales of its heritage range still accounting for the majority of its sales, and generating substantial profitability.

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Birks sales surge on European acquisition, strong retail performance

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December 8, 2025

Birks announced on Friday a 16.2% uptick in half-year sales to $93.1 million, on the back of the Canadian jeweller’s acquisition of European Boutique, and a strong retail performance.

Birks

The Montreal-based company also logged an increase in third-party branded timepieces across multiple brands for the 26 weeks ending September 27, in addition to gains in sales of Birks branded jewelry and third-party branded jewelry.

Meanwhile, comparable store sales rose 6.3%, attributable to strong sales in all product categories, particularly in third-party branded timepieces, but also in Birks branded jewelry and third-party branded jewelry, the company added.

In light of the strong sales performance, Birks narrowed its earnings loss during the six months to an operating loss of $0.2 million, compared to a reported operating loss of $0.3 million in the prior-year period.

“Our net sales, gross profit and comparable store sales for the first half of Fiscal 2026 are higher than the corresponding period in Fiscal 2025 due in part to the acquisition of the European business but also due to our strong retail performance, which speaks to the strength of our product offerings, both in terms of our Birks branded products and our third-party branded watches and jewelry,” said Niccolò Rossi di Montelera, executive chairman of the board and interim CEO.

“I would like to thank our teams for their dedication and hard work. The growth achieved in the first half of Fiscal 2026 is a testament of our commitment to our customers and I am grateful for the unwavering efforts of all our employees which contributed to these results and the successful integration of the European stores.”

In July, Birks acquired the luxury watch and jewellery business of European Boutique from its founders, the Sutkiewicz family, for a purchase price of $9 million.

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Koio relaunches the Primo with Rose Anvil

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December 7, 2025

NYC-based footwear brand Koio is relaunching The Primo, the high-top sneaker that debuted the brand in 2015, in a limited-edition collaboration with leatherworker and YouTube creator Rose Anvil for its tenth anniversary.

Koio relaunches the Primo with Rose Anvil. – Koio

The updated Primo maintains Koio’s original Italian build standards, with internal upgrades including a full leather Strobel board, leather toe cap and counter, and a gum outsole. The upper is crafted from vegetable-tanned, untreated Vachetta calf leather sourced from Italian tannery Conceria Annarita, allowing the sneaker to naturally darken and develop a unique patina with wear.

“Reintroducing the Primo for our ten-year anniversary is incredibly meaningful,” said Johannes Quodt, co-founder of Koio. “It was the shoe that launched the brand, so bringing it back with Rose Anvil’s technical rigor felt like the right way to honor its legacy. The Vachetta leather will age beautifully, making this one of the most personal and character-rich versions we’ve ever created.”

The Primo first debuted in February 2015 at Koio’s Bowery pop-up, created by the founders as their ideal high-top sneaker. The silhouette remained a core style for five years before the brand shifted focus as its range expanded. Koio continued to receive requests from collectors and longtime customers to bring back the original design, prompting the reissue as part of the brand’s tenth-anniversary celebrations.

“The Primo was already a well-built sneaker, but replacing every internal synthetic component with leather significantly elevates the craftsmanship,” said Weston Kay, Rose Anvil. “Using untreated Vachetta leather means the shoe doesn’t just look good out of the box but it continues to improve over time.”

Koio’s work with Rose Anvil follows the success of their first collaboration—the Koio x Rose Anvil Capri Triple White—which sold out in less than 24 hours.

The limited-edition Primo is priced at $325 and is now available exclusively online.

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Victoria’s Secret raises full-year outlook on strong Q3

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December 7, 2025

Victoria’s Secret & Co. on Friday reported better-than-expected sales in the third quarter, prompting the U.S. lingerie giant to raise its full year outlook.

Victoria’s Secret raises full-year outlook on strong Q3. – Victoria’s Secret

The Ohio-based company said sales for the three months ending November 1 totalled $1.472 billion, up 9% from the third quarter of 2024 and above its previously communicated guidance range of $1.390 billion to $1.420 billion. Meanwhile, total comparable sales for the third quarter of 2025 increased 8%.

Victoria’s Secret recouped its earnings, reporting a net loss of $37 million, or $0.46 per diluted share, compared to net loss of $56 million, or $0.71 per diluted share, for the third quarter of 2024.

“With two iconic brands, Victoria’s Secret and Pink, a curated product assortment, high-emotion marketing and a relentless customer focus, we are reinforcing our leadership in global intimates and beauty,” said Victoria’s Secret & Co. CEO, Hillary Super.

“As we continue to advance our Path to Potential strategy, we are accelerating global growth, elevating brand distinctiveness, and unlocking greater value across our ecosystem to drive long-term profitable growth.”

Looking ahead, the company is now forecasting full-year net sales in the range of $6.450 billion to $6.480 billion, compared to prior guidance of $6.330 billion to $6.410 billion for the full year 2025. Adjusted net income per diluted share is estimated to be in the range of $2.40 to $2.65, compared to prior guidance of $1.80 to $2.20.

For the fourth quarter, the company is forecasting net sales to be in the range of $2.170 billion to $2.200 billion compared to last year’s fourth quarter net sales of $2.106 billion.

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