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YSL Beauty launches Muse Inspiring Ink scent

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YSL Beauty has unveiled a major fragrance initiative with the Kering-owned company relaunching Le Vestiaire des Parfums — (“translating the essence of the late, great Monsieur Saint Laurent’s iconic fashion designs into an exclusive Haute Parfumerie collection”) and a new hero scent being added to the line-up.

Having just launched, the star of the show is Muse, subtitled Inspiring Ink, which blends “enigmatic ink notes with soft iris and sensual vanilla”.

The name comes from the designer’s famous group of muses, the “artists, models, and loved ones” who “embodied his style and spirit. Their unique energy fuelled his designs, liberating silhouettes and redefining beauty. They exuded effortless sophistication and a confidence that defied convention, embracing androgyny and bold choices”.

And the ink part comes as he “captured their essence in countless ink sketches” so “this ink is the heart of Muse”.

Principal Perfumer Marie Salamagne has blended woody ink notes with soft, powdery iris and sensual Bourbon vanilla, creating a “skin scent that explodes— a fragrant tattoo leaving an distinctive and memorable impression as Monsieur Saint Laurent’s captivating muses”.

The bottles holding the luxury scents are sleek and sharp, from the “architectural purity of its angled cut to the luxurious reflections on the glass, it is the epitome of the YSL style”. The cap and textured label feature the grain de poudre for which the fashion label is known in Saint Laurent’s favourite colour, black.

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BFL Group, Iconix International ink direct-to-retail partnership across GCC, Lebanon, and Malta

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Off-price retailer BFL Group and Iconix International have inked a multi-brand direct-to-retail (DTR) agreement. 

BFL Group, Iconix International ink direct-to-retail partnership across GCC, Lebanon, and Malta – Mudd

The new partnership spans the Gulf Cooperation Council (GCC) countries, as well as Lebanon and Malta, and brings a portfolio of iconic American brands into the region for the first time under BFL Group’s retail umbrella.

The agreement covers several names, including Rocawear, Ocean Pacific, London Fog, Material Girl, Mudd, Joe Boxer, and Danskin, offering a wide assortment across apparel, footwear, bags, luggage, fashion accessories, health and beauty products, and more.

“We are thrilled to partner with Iconix International and bring these incredible brands to the GCC,” said Toufic Kreidieh, joint founder of BFL Group. 

“This partnership not only expands our product offering but also aligns with our mission to provide regional customers with world-class, diverse fashion choices. We look forward to seeing these iconic brands thrive in the GCC market and meet the demand for high-quality, stylish products.”

The launch reflects BFL Group’s ongoing growth, following its recently announced strategic agreement with global off-price retail giant The TJX Companies, Inc. Through this new collaboration with Iconix, BFL Group will leverage the potential of these brands to meet the growing appetite for premium international fashion and lifestyle products in the GCC and beyond.

“We are excited about this partnership with BFL Group and the tremendous growth potential in the GCC region,” added Daisy Laramy-Binks, MD EMEA at Iconix International. “These brands resonate deeply with consumers worldwide, and we are confident that they will be a huge success in the Middle East, offering a mix of heritage, innovation, and fashion-forward design.”

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Etro makes Southeast Asia real estate debut with new Phuket residences

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Etro has announced plans for its Southeast Asian real estate debut with “Etro Residences Phuket”, a new development that marries luxury design with an integrated brand experience by the Italian luxury fashion house.

Courtesy

Designed in partnership with Amal Development and The One Atelier, the Etro Residences Phuket is comprised of luxury dwellings ranging from three-bedroom apartments to duplexes – crafted to reflect Etro’s heritage, craftsmanship, and aesthetic.

Inside, the interiors showcase the brand’s bold patterns, rich textures, and color palette, designed to flow with the Thail cities natural beauty. Each dwelling features special pieces from the Etro Home Interiors collection, made in collaboration with Oniro Group, the brand’s distributor since 2017.

Residents will also have access to tailored services and amenities, including private wellness retreats, spa experiences and holistic wellbeing programmes as well as fitness facilities and a personalised concierge service.

Lastly, the residence will host immersive brand activations will provide residents access inside Etro’s
“exclusive network of art, culture, and fashion,” according to a press release.

“Etro Residences Phuket represents a window into the future of luxury living. Branded real estate is about more than aesthetics; it is about creating a seamless blend of hospitality, wellness, and exclusivity that reflects the lifestyles of the world’s most discerning buyers,” said Michele Galli, CEO of The One Atelier.

“At The One Atelier, we specialise in crafting spaces that go beyond the expected to offer something deeply personal, immersive, and transformative. With Etro Residences Phuket, we have designed an environment where every detail, from the architectural vision to the smallest interior elements, align with the brand’s DNA to deliver a project unlike any other.”

The Etro Residences Phuket will be completed in 2027. The project follows the recent opening of Etro Residences Istanbul, an Etro-branded residence in Turkey.

“Following the success of Etro Residences Istanbul, Etro Residences Phuket represents the brand’s continued growth into the luxury real estate, further reinforcing its identity as a lifestyle brand,” said Etro CEO, Fabrizio Cardinali.

“This ambitious project is poised to set a new standard in Southeast Asia’s rapidly expanding luxury property market, while further enhancing the brand’s remarkable heritage and reinforcing its commitment to innovation and timeless design.”

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China’s e-commerce giants are putting up a fight

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By

Bloomberg

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April 28, 2025

China’s e-commerce players are perhaps the most exposed to the trade war, the exception to arguments that the country’s tech sector will be able to weather the storm. 

Bloomberg

If President Donald Trump’s tariffs hold, it would be devastating for the business models of PDD Holdings Inc.’s TemuShein, Alibaba Group Holding Ltd.’s international retailers, and the thousands of small Chinese companies making goods for export. But the levies have galvanized them to support each other in unprecedented ways. And Americans have simultaneously shown an unwillingness to let their access to cheap imports go.

Chinese tech giants are working to help exporters find buyers in the domestic market. JD.com Inc. said earlier this month that it would purchase at least 200 billion yuan ($27.4 billion) of goods from exporters over the next year and help sell them at home. PDD pledged to invest 100 billion yuan to help its sellers pivot to local consumers. Alibaba’s supermarket chain launched a new channel for firms looking to sell at home. Internet giant Baidu Inc. pledged free advertising services for a million companies. Even companies not immediately exposed to tariffs, such as ride-hailing app DiDi Global Inc. or internet giant Tencent Holdings Ltd., have joined the crusade.

The efforts, combined with government stimulus programs aimed at boosting consumption, lifted China’s retail sales by 5.9% last month, beating estimates and marking the best pace since December 2023. It’s not yet clear if this will be enough to offset the impact from prolonged tariff pain. But if this strategy does succeed, it would show how Washington’s approach has backfired and forced Beijing to further trade-war-proof its economy. 

Trump also seems to have miscalculated how his home base would respond when access to cheap Chinese e-commerce goods is cut off. It has driven hordes of Americans to do even more international bargain-hunting. The impact will really hit home now that Shein Group Ltd. has raised US prices ahead of tariffs on small parcels: Health and beauty products are increasing by 51% and women’s clothing by 8%.

US consumers have flocked to Chinese retail outlets. Downloads of Alibaba’s app have surged 34% year-to-date compared to the same period last year, according to data from market intelligence firm Sensor Tower, while DHGate and Taobao (the latter is owned by Alibaba) have rocketed 78% and 420%, respectively. It’s a notable spike given Sensor Tower estimates that Alibaba has pulled back on advertising spending in the US by nearly 45% so far this year.

The figure exposes how the unwinding of Chinese e-commerce in the US will hit revenues for Silicon Valley titans like Meta Platforms Inc. and Alphabet Inc.’s Google. Temu and PDD have been some of the largest buyers of ads on the platforms. In the wake of the fresh tariffs, the companies’ US advertising has cratered.

Some of the interest in Chinese wholesale retailers may have been instigated by a rash of viral videos from suppliers and manufacturers, touting the high quality and low price of goods from the “world’s factory,” and putting international brands they claim to work with on blast. This messaging highlights China’s advantages — including access to its deeply integrated and nimble supply chains. They also suggest that exporters are no longer just trying to compete on cost, but also on quality and value. These follow a separate blitz of AI-generated videos and memes from China mocking US workers trying to recreate this manufacturing ecosystem.

It will still no doubt be painful for Chinese e-commerce to weather extended tariff turmoil. The domestic pivot could just be a Band-Aid, and further escalations could eradicate American consumers’ interest. Policy rollbacks and uncertainty make it impossible to predict how sustainable these initial trends are.

But there are some lessons: Nothing galvanizes China to come together like attacks from the US, and little rouses American consumers like the threat of losing access to cheap goods. If this trade war tips the US into a recession, it will only further the desire for bargain prices, while doing little to bring back business investment or manufacturing. 
 



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