NEW YORK — Hong Kong-based Dickson Concepts Ltd. posted better than eightfold increases for the six months ended Sept. 30.
For the first half, the luxury distribution and retailing firm reported net income of $7.1 million compared with $866,000 in the year-ago period. Included in the latest result is a nonoperating pretax gain of $5.6 million. Excluding the gain, income would have risen 64.5 percent
Sales in the first half were up 11.2 percent to $148.5 million from $133.6 million.
Dickson has opened 62 shops and corners during the fiscal year to date and expects to open another 23 before the end of the fiscal year in March.
Store opening highlights in Hong Kong include a Brooks Bros. boutique at Times Square, at Causeway Bay, and the largest Bulgari store in the South Pacific region, a 3,500-square-foot unit opened in November at Chater House.
The company opened 12 new shops in Taiwan under nameplates including Polo Ralph Lauren, Polo Jeans Co., Dickson Watch and Jewellery, Benetton, Sisley and The Hip Site.
A total of four new shops and corners will open before fiscal yearend.
In China, the firm opened 34 Polo Ralph Lauren, Polo Jeans Co. and S.T. Dupont stores. A second Seibu department store was opened in Shenzhen. In addition to the first Seibu Department store in China, Dickson Concepts also operates two Seibu stores in Hong Kong.
Dickson operates 365 units, including 61 shops and corners in Hong Kong, 156 in Taiwan, 25 in Singapore, 19 in Malaysia, 10 in the Philippines and 94 in China. At the end of the fiscal year, it will operate a total of 385 shops and corners throughout Southeast Asia and China.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast