Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Jakarta, Indonesia
Global Markets
Indonesian E-Commerce Firm Bukalapak Files for IPO
The Jakarta-based unicorn plans to list on the Indonesia Stock Exchange as early as August, a person with the knowledge of the matter told Tech in
Indonesian E-Commerce Firm Bukalapak Files for IPO
The Jakarta-based unicorn plans to list on the Indonesia Stock Exchange as early as August, a person with the knowledge of the matter told Tech in
Global Markets
Want to Reach 170 Million Asian Consumers? Get This App.
Gojek is ingrained in the consumer psyche across Southeast Asia. With recent investment from Facebook the ‘super-app’ is now valued at $10 billion and poised to boost e-commerce in the region.
Want to Reach 170 Million Asian Consumers? Get This App.
Gojek is ingrained in the consumer psyche across Southeast Asia. With recent investment from Facebook the ‘super-app’ is now valued at $10 billion and poised to boost e-commerce in the region.
Global Markets
Jakarta Bans Plastic Bags From Shopping Malls
Retailers in the Indonesian capital will be required to provide eco-friendly carrier bags or potentially face fines between $360 and $1,800.
Jakarta Bans Plastic Bags From Shopping Malls
Retailers in the Indonesian capital will be required to provide eco-friendly carrier bags or potentially face fines between $360 and $1,800.
Financial Markets
E-Commerce Platform Tokopedia Reportedly Set to Raise up to $1.5 Billion
The Jakarta-based company, backed by SoftBank and Alibaba, is looking to US internet companies and existing investors for a pre-IPO funding round, according to sources.
E-Commerce Platform Tokopedia Reportedly Set to Raise up to $1.5 Billion
The Jakarta-based company, backed by SoftBank and Alibaba, is looking to US internet companies and existing investors for a pre-IPO funding round, according to sources.
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Global Markets
As Fashion Giants Eye Exit From China, One Indonesian Supplier Makes Gains
Sri Rejeki Isman PT, which makes apparel for J.C. Penney Walmart and H&M, is fielding calls from other brands looking to diversify their suppliers amid the ongoing US-China trade war.
As Fashion Giants Eye Exit From China, One Indonesian Supplier Makes Gains
Sri Rejeki Isman PT, which makes apparel for J.C. Penney Walmart and H&M, is fielding calls from other brands looking to diversify their suppliers amid the ongoing US-China trade war.
News & Analysis
Indonesia's Aceh Orders Muslim Stewardesses to Wear Headscarves
Female stewardesses on budget carriers such as Malaysia’s AirAsia and Firefly will have to wear headscarves when flying into the ultra-conservative Islamic region.
Indonesia's Aceh Orders Muslim Stewardesses to Wear Headscarves
Female stewardesses on budget carriers such as Malaysia’s AirAsia and Firefly will have to wear headscarves when flying into the ultra-conservative Islamic region.
Fashion Week
The ‘Made in Indonesia’ Opportunity
BoF investigates how the tropical islands of Bali, Java and Sumatra have become manufacturing hotspots for global fashion brands like H&M, Calvin Klein and Uniqlo.
The ‘Made in Indonesia’ Opportunity
BoF investigates how the tropical islands of Bali, Java and Sumatra have become manufacturing hotspots for global fashion brands like H&M, Calvin Klein and Uniqlo.
China
JD and Lazada Square Off in Indonesia, Asia's Next E-Commerce Prize
Indonesia becomes the next e-commerce battleground as JD.com takes on Alibaba-owned Lazada and sets its sights on the Southeast Asian nation.
JD and Lazada Square Off in Indonesia, Asia's Next E-Commerce Prize
Indonesia becomes the next e-commerce battleground as JD.com takes on Alibaba-owned Lazada and sets its sights on the Southeast Asian nation.
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News & Analysis
MatahariMall.com Raises $100 Million to Expand in E-Commerce
The company raised $100 million in equity financing from investors led by Mitsui & Co. as it seeks to bolster its share of the nation’s e-commerce market.
MatahariMall.com Raises $100 Million to Expand in E-Commerce
The company raised $100 million in equity financing from investors led by Mitsui & Co. as it seeks to bolster its share of the nation’s e-commerce market.
News & Analysis
Saverin-Backed Orami Raising More Funds for E-Commerce Deals
Orami, a female-focused Indonesian e-commerce operator, is raising new funds for acquisitions just months after a $15 million financing round backed by Facebook Inc. co-founder Eduardo Saverin.
Saverin-Backed Orami Raising More Funds for E-Commerce Deals
Orami, a female-focused Indonesian e-commerce operator, is raising new funds for acquisitions just months after a $15 million financing round backed by Facebook Inc. co-founder Eduardo Saverin.
Global Markets
Lippo Partners With GrabTaxi to Expand E-Commerce in Indonesia
Indonesia's Lippo Group will partner with GrabTaxi Holdings Pte for e-commerce deliveries in Southeast Asia’s largest economy.
Lippo Partners With GrabTaxi to Expand E-Commerce in Indonesia
Indonesia's Lippo Group will partner with GrabTaxi Holdings Pte for e-commerce deliveries in Southeast Asia’s largest economy.
News & Analysis
Jakarta Attacks in Busy Area Filled with Western Brands
Thursday's deadly attacks in Jakarta were focused on a Starbucks in the center of the Indonesian capital, in an area filled with offices and Western brands.
Jakarta Attacks in Busy Area Filled with Western Brands
Thursday's deadly attacks in Jakarta were focused on a Starbucks in the center of the Indonesian capital, in an area filled with offices and Western brands.
The News in Brief
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.