Latest news with #FieldofFlowers
Fibre2Fashion
3 days ago
- Business
- Fibre2Fashion
Finland's Marimekko's Q2 sales up 2% on retail gains, profit improves
Marimekko Corporation's net sales for Q2 2025 rose 2 per cent year-on-year to €44.5 million (~$51.88 million), supported by increased retail sales in Finland and internationally. Finnish sales grew 3 per cent, while international sales were up 1 per cent despite a significant, expected drop in licensing income. Growth was tempered by markedly lower non-recurring promotional deliveries in Finnish wholesale compared to a strong 2024 period. Operating profit improved to €6.3 million, with comparable operating profit at €6.5 million, representing 14.6 per cent of net sales. The gain was driven by higher sales and improved margins, partly offset by higher fixed costs. Marimekko's Q2 2025 sales rose 2 per cent to €44.5 million (~$51.88 million), with Finnish retail up 3 per cent and international sales up 1 per cent despite lower licensing income. Operating profit increased to €6.3 million. H1 sales grew 3 per cent to €84.1 million, driven by 7 per cent international growth. The company expects higher 2025 sales and margins but warns of global and tariff risks. For January–June 2025, net sales rose 3 per cent to €84.1 million. International sales increased 7 per cent, while Finnish sales were flat as retail gains offset wholesale weakness. Comparable operating profit declined to €10.9 million, or 13 per cent of net sales, due to lower margins and higher fixed costs, the company said in a media release. CEO Tiina Alahuhta-Kasko highlighted sustained omnichannel retail growth, up 6 per cent in Q2, as evidence of brand resilience in challenging markets. Strategic collaborations—such as a global footwear line with Crocs, café partnerships with Blue Bottle Coffee in the US and Asia, a design tie-up with Artek, and a capsule collection with artist Laila Gohar—boosted brand visibility. Events included Milan Design Week, Copenhagen's 3 Days of Design, Marimekko Day fashion shows in Helsinki, and the Field of Flowers exhibition in Asia. Network expansion in Q2 included new stores in Osaka and Kuala Lumpur, an outlet in Espoo, eight Asian and Finnish pop-ups, and the launch of online stores in New Zealand and in German language. Post-period, Marimekko announced its first flagship store in Paris, opening autumn 2025, alongside pop-ups at Le Bon Marché and Galeries Lafayette. For 2025, the company forecasts net sales to exceed 2024's €182.6 million, with a comparable operating profit margin of 16–19 per cent. Risks include global economic uncertainty, geopolitical tensions, supply chain disruptions, and higher US tariffs—the latter affecting a small share of sales but increasing procurement costs. Plans call for 10–15 new stores or shop-in-shops, primarily in Asia, while licensing income is expected to fall significantly from last year's record level. Fibre2Fashion News Desk (KD)
The Sun
01-08-2025
- Entertainment
- The Sun
Takashi Murakami's Ohana Hatake Unleashes a Floral Fantasy: 'Field of Flowers' Lands at Pacific Place
HONG KONG SAR - Media OutReach Newswire - 1 August 2025 - This summer, Pacific Place blossoms into an imaginative, fashion-forward floral dreamscape with the debut of 'Field of Flowers' — the first-ever Takashi Murakami's Ohana Hatake pop-up in Hong Kong. This exclusive pop-up runs from 31 July to 13 August at Pacific Place, promising an immersive retail and visual experience for the style-savvy, the art-obsessed, and everyone in between. As ComplexCon Hong Kong 2025's Official Mall Partner, Pacific Place merges retail, pop culture, and art, creating a bold space where creativity and fashion collide, all through its own unique lens. First in Hong Kong: Ohana Hatake Blooms at Pacific Place Marking its official Hong Kong debut with the 'Field of Flowers', Takashi Murakami's Ohana Hatake pop-up offers an extraordinary opportunity to step inside Murakami's fantastical floral universe. Known for his bold superflat aesthetic, Murakami infuses this retail space with his distinctive DNA, making it a must-see for cultural tastemakers and collectors alike. Taking centre stage is a spectacular large-scale hanging cherry blossom installation — a sculptural masterpiece making its public debut. Indulge in a floral fantasy, the installation transforms Garden Court into a surreal dreamscape, where fashion flows into fine art. This immersive pop-up marks a cultural milestone for the city, blossoming into a vibrant garden shaped by Murakami's signature visual language — playful, poetic, and bursting with imagination. Don't forget to take a picture in front of the mirror wall for a cool aesthetic that's filled with flowers! Venue: 'Field of Flowers' – Takashi Murakami's Ohana Hatake Pop-Up (Garden Court, Level LG1) Opening Hours: 11 am – 8 pm Pacific Place x Ohana Hatake x Complex Chinese: Where Art Meets Fashion & Fun As the Official Mall Partner of ComplexCon Hong Kong 2025, Pacific Place cements its role as a hub for boundary-pushing culture. This three-way collaboration unites retail innovation, pop culture, and contemporary art — creating a space where creative minds and fashion lovers collide, and blending the energy of ComplexCon with the unique spirit of Pacific Place. Fashion-Forward Drops: Global Debut of Four Vibrant New Colourways of Ohana Full-Bloom and Surippa Ohana Ohana Hatake is unveiling exclusive product drops at Pacific Place, featuring two signature styles in four new shades — part of twelve colourways rolling out across two weeks. Headlining the lineup is the Ohana Full Bloom collection — a series of eight colourways in bold, floral-inspired slides featuring Murakami's iconic motifs. Each pair is crafted for both comfort and statement-making, showcasing sculptural flower embellishments, vivid palettes, and distinctive design language true to Murakami's superflat universe. Leading this seasonal bloom are two debut colourways — Buttercup and Lime Zest — offering a fresh take on wearable art with their bright and joyful energy for the summer. Rounding out the collection is the Surippa Ohana style, available in four expressive colourways. The Sakura and Cherry Blossom editions both nod to Murakami's recurring floral motifs, including the pop-up's iconic installation centrepiece. Joining them are two bold new hues, Deep Forest and Sweet Grape — rich, nature-inspired tones that add fresh dimension to this sculptural silhouette. This high-street-meets-art launch is set to resonate with today's style-conscious tastemakers, offering wearable art infused with the joyful irreverence of Murakami's visual world. Shop, Sip and Be Rewarded From 31 July to 13 August, stylish perks await at Pacific Place and Starstreet Precinct. Same-day electronic spending of HK$800 unlocks a specially brewed Ohana Hatake coffee, while HK$1,500 or more qualifies for a limited-edition tote bag — a perfect companion for the season. Date: 31 July to 13 August 2025 Time: 11 am – 7 pm Location: Ohana Hatake Coffee Counter (Level L1, near Theory) What's more, from 31 July to 24 August, discover an exclusive shopping rewards programme designed to elevate the summer experience. Eligible Standard Chartered Cathay Mastercard® holders can enjoy bonus vouchers to make their shopping experience even more rewarding! Whether you're a fashion aficionado, an art enthusiast, or simply looking for a joyful summer experience, the 'Field of Flowers' – Takashi Murakami's Ohana Hatake Pop-Up at Pacific Place is a must-visit destination this season. Come and see it for yourself!
