Fashion
ASEAN+3 growth outlook upgraded to 4.1% for 2025: AMRO

In its ASEAN+3 Financial Stability Report (AFSR) 2025 and the ASEAN+3 Regional Economic Outlook (AREO) October update, AMRO highlighted the region’s resilience amid US trade policy shifts and geopolitical tensions. Additionally, growing uncertainty around the US dollar’s safe-haven status could further fragment the global financial landscape, AMRO said in a press release.
“While intra-regional trade and domestic demand have become increasingly important growth drivers across ASEAN+3, the region remains deeply connected to the global financial system and is therefore not insulated from global shocks,” said Dong He, chief economist at AMRO. “Overall, the region’s financial system remains resilient, although pockets of vulnerabilities persist.”
The ASEAN+3 region’s growth outlook has been raised to 4.1 per cent for 2025 and 3.8 per cent for 2026, supported by strong exports and robust fundamentals, as per AMRO.
Despite global uncertainties from US trade policy shifts and financial fragmentation risks, the region remains resilient, aided by ample reserves, sound banking systems, and growing financial integration.
Despite these challenges, ASEAN+3 economies remain well-positioned to navigate global headwinds. Well-calibrated policy mixes and strong fundamentals—including robust banking systems, deepening financial markets, ample foreign reserves, and available policy space—have provided critical buffers. With inflation largely subdued and expectations well-anchored in most economies, central banks can maintain accommodative monetary policy to support growth.
At the same time, macroprudential tools, along with foreign exchange and capital flow management measures, offer additional safeguards to maintain financial stability and mitigate external spillovers. However, AMRO underscored that support should be carefully targeted to vulnerable sectors and deployed prudently to preserve policy space amid elevated external uncertainty.
Beyond near-term risks, the region is undergoing deeper structural transitions. Most notably, the rapid digitalisation of financial services presents opportunities for greater financial inclusion and efficiency, while also introducing new challenges to financial stability.
“Digitalisation of the banking sector is reshaping the market structure, offering new pathways for inclusion and efficiency,” said Runchana Pongsaparn, group head for financial surveillance at AMRO. “But it also alters the nature and distribution of financial stability risks. Policymakers must adopt a multi-pronged strategy that promotes innovation while managing risks, calibrated to the maturity of each market segment.”
As ASEAN+3 manages near-term uncertainties, AMRO emphasised the importance of reinforcing policy frameworks, improving transparency, and deepening domestic markets and buffers to mitigate spillover risks from external shocks, added the release.
She concluded: “With coordinated actions and deeper financial cooperation and integration, ASEAN+3 can turn today’s challenges into tomorrow’s opportunities, and emerge stronger, more connected, and more resilient.”
Fibre2Fashion News Desk (SG)
Fashion
Lanvin Group says key exec David Chan will leave this month

Published
October 13, 2025
Lanvin Group announced on Monday that David Chan, its executive president and chief financial officer, has decided to step down from his position, effective October 27 “to pursue new professional opportunities”.
There was no clue as to what those new opportunities are.
The company added that since joining Lanvin Group at its inception, Chan “has been instrumental in strengthening the group’s strategic and financial foundation, advancing its transformation into a global luxury platform, and supporting its continued progress following the company’s NYSE listing”.
And chairman Zhen Huang thanked him on behalf of the board and the team “for his dedication and leadership over the past years. His significant contributions have been pivotal in shaping the group’s strategic direction and transformation efforts. We wish him continued success in his future endeavours. Lanvin Group remains well-positioned to continue delivering growth and creating long-term shareholder value”.
Chan himself said that it’s been a privilege to be part of the “remarkable journey” and that the group is positioned for “sustainable growth”.
Not that he appears to be cutting all ties with he business as the announcement said that the company “has implemented a structured transition plan to ensure continuity across its finance and operations functions. While Mr Chan steps down from his executive role, he may continue to support the company in an advisory capacity”.
But Chan’s departure was clearly not part of a planned succession process as the company said it will “provide further updates regarding the appointment of a successor in due course”.
Lanvin Group owns its eponymous brand as well as Wolford, Sergio Rossi, St John and Caruso, but has struggled in recent periods.
Only last month it said that for the first half of 2025, revenue fell 22% to €133 million and the Lanvin label saw its sales falling 40%. Gross profit dropped by 26.8% to €71.9 million, and gross operating losses deepened. It blamed ongoing weakness in the global luxury market, lower wholesale sales in EMEA, and the Group’s strategic pivot to direct-to-consumer sales.
Its brand story was one of declines almost across the board, although St John was relatively stable.
In its most recent full-year results reported in February, it had said total company revenue had dropped by 23% to €328.6 million. Lanvin revenue was down 26% at €82.7 million with Wolford down 30% at €87.9 million. St John fell 12% to €79 million, Sergio Rossi fell 30% to €41.9 million and Caruso dropped 7% to €37 million.
The meant gross profit decreased to €183 million, reflecting a margin of 56%, compared to €251 million in 2023 with a margin of 59%.
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Fashion
US’ Columbia reintroduces iconic 1993 Bugaboot 1 in limited edition

The original Bugaboot was the result of a landmark collaboration between Columbia founder Gert Boyle, CEO Tim Boyle, and footwear pioneer Peter Moore, whose previous roles at Nike and adidas helped shape modern sneaker culture.
Columbia Sportswear is relaunching its first-ever footwear, the Bugaboot 1, in a limited edition of 1,993 numbered pairs.
Honouring the original 1993 design by Peter Moore, the 2025 version integrates Omni-Grip traction and Techlite cushioning.
It will release on October 14 for Greater Rewards members and publicly on October 15, priced at $250, with exclusive packaging and memorabilia.
“More than 30 years ago, my mother and I knew it was time to expand Columbia’s footprint – literally – and enter the footwear space,” said Tim Boyle, Chairman, President & CEO of Columbia Sportswear. “Delivering a functional outdoor boot that reflected Columbia’s rugged, innovative spirit was critical. Peter was our first and only call. He and Gert shared an obsession with problem-solving through design, making him a natural partner to help launch this new chapter. Today, we honor Peter’s immeasurable legacy and celebrate Columbia’s own history in performance footwear alongside Peter’s sons, Hagen and Devin, who were instrumental in bringing this new project to life.”
Peter Moore, best known for designing the original Air Jordan shoe and logos during his time as Creative Director at Nike, later became Global Creative Director at adidas. A legendary designer and prolific multi-disciplinary artist, Moore’s work spanned product design, identity systems, and activism through his art. His creative influence and consulting shaped countless campaigns and logos, including the development of the original Bugaboot, a product he remained deeply involved with leading up to its launch.
“This project means a lot to our family. My dad poured his heart into everything he worked on, and the Bugaboot was no exception,” said Hagen Moore, son of Peter Moore and Co-Founder of Boom Pow Bang Creative Agency. “To see Columbia bring it back with so much care and respect for our father’s original design while pushing it forward with today’s tech is something we know he would’ve been incredibly proud of.”
In 1993, Columbia was already known for groundbreaking outerwear like the classic Bugaboo 3-in-1jacket, named after the famed Bugaboo Mountain Range in B.C. Canada. The Bugaboot was engineered as a natural extension of the jacket, pairing the durability of a duck boot with the comfort and performance of an athletic shoe. This 2025 edition honors that hybrid spirit while incorporating Columbia’s modern engineering innovations such as Omni-Grip traction and Techlite lightweight cushioning.
Only 1,993 pairs will be released globally and each is individually numbered to provide people with a one-of-one product. The shoes will retail for $250 USD in whole sizes only and come in custom packaging featuring matching box, a keychain, and unique tissue paper.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
Fashion
Net FDI inflows into Philippines drops 7.5% YoY to $1.3 bn in Jul 2025

Inflows from Japan and into wholesale and retail trade took the lead in the month.
The drop resulted from lower non-residents’ net investments in debt instruments, which fell by 39.4 per cent year on year (YoY) from $1.2 billion to $711 million.
Net foreign direct investment (FDI) inflows into the Philippines declined by 7.5 per cent from $1.4 billion in July 2024 to $1.3 billion in July 2025, central bank data show.
The drop resulted from lower non-residents’ net investments in debt instruments, which fell by 39.4 per cent YoY to $711 million.
FDI net inflows fell by 20 per cent YoY to $4.7 billion in January-July 2025.
However, the reduction was tempered by the 450.6-per cent increase in non-residents’ net investments in equity capital (other than reinvestment of earnings), which rose YoY from $76 million to $418 million. Similarly, reinvestment of earnings grew by 14.3 per cent YoY from $122 million to $139 million, a release from the central bank said.
Equity capital placements in July 2025 were sourced primarily from Japan and the United States. Industries that received most of these investments were wholesale and retail trade, manufacturing and real estate.
FDI net inflows declined by 20 per cent from $5.9 billion posted in January-July 2024 to $4.7 billion in January-July 2025.
Fibre2Fashion News Desk (DS)
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