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Salomon’s Graeme Moore: New stores, customers and accelerating growth in ANZ

Inside Retail

In 1997, Adidas acquired the Salomon Group and its brands, Salomon, TaylorMade, Mavic, and Bonfire; but later sold the brand to Amer Sports in 2005. An immense passion for outdoor sports and strategically accelerating brands drew Moore to the Salomon business, where he is now leading its next phase of growth within the ANZ market.

Outdoor 264
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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. “Our online offer is a scale business that returned to growth in the second half and has continued to increase market share throughout FY23.”

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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

The mistakes of history The first Uniqlo store in the US was opened at Menlo Park Mall in Edison, New Jersey, in September 2005. It opened two more mall stores in 2005 and ended up closing the lot in short order. Strategically, it had been a bad decision to launch in the US in malls before the brand had any recognition there.

Expansion 273
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Behind American Vintage’s bet on the lucrative Chinese fashion market

Inside Retail

Having operated in Asia for more than a decade with Hong Kong as its sole market, the French fashion label American Vintage now has larger ambitions. Founded in 2005 in Marseilles, American Vintage draws inspiration from the United States and is known for its T-shirts, knits, denim, and fleece. Anil Prabha contributed reporting.

Fashion 147
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New Zealand’s Deadly Ponies to open first Australian store

Inside Retail

New Zealand sustainable leather accessories brand Deadly Ponies is to expand its footprint into Australia with its first store in the market. . The store is scheduled to open on August 4 on High Street in the Melbourne suburb of Armadale.

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Sephora Enters U.K. Beauty Market

VMS

Sephora (Seattle) has purchased of online beauty retailer Feelunique, marking its entrance into the British beauty market, reports Pymnts.com. Feelunique, founded in 2005, has 1.3 Beauty Market appeared first on Visual Merchandising and Store Design. The deal is expected to close by the end of this year. billion in 2019.

Marketing 105
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Woolworths plans $370 million rebrand, upgrade of its NZ store network

Inside Retail

In 2002, Progressive bought Woolworths from Dairy Farm to achieve a 45 per cent combined share of the market and create a grocery duopoly in the market – alongside locally-owned co-operative-structured Foodstuffs – that has endured until today.

Planning 246