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Forever New signs three-store deal in Kuwait

Inside Retail

Founded in Melbourne in 2006, the brand is known for its wearable and timeless collections that celebrate modern femininity, with over 400 retail and concession stores globally and over 30 million visitors to its websites each year. The collaboration will also expand Forever New’s online presence to 6thStreet.com in the UAE.

Apparel 264
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Boohoo launches in five Asian markets

Inside Retail

Boohoo’s online platforms in Asia are curated for customers in each market with localised website languages and user-friendly layouts, and services and delivery logistics are also tailored for each market to provide support and to serve the needs of local customers.

Marketing 130
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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

Bloodied, but not bowed, Uniqlo corrected its initial mistake by opening a SoHo, New York street flagship in November 2006. For example, it offers products like cropped T-shirts and damaged jeans in the US that are popular there but not a staple in its Asian markets. It needed flagships in high-profile street locations.

Expansion 273
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Bootstrapping a million dollar optical empire: Three blokes, Ebay and a vision

Inside Retail

With the global eyewear market revenue projected to reach US$174.06 Growing with the business In 2006, three ambitious Australian entrepreneurs pulled together to found the Smart Buy Glasses Group – bootstrapping the venture from limited funds, but boundless passion and a collective of corporate experience.

Flow 262
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Gap to close all 81 stores across the UK, Ireland

Inside Retail

Gap will close all of its physical stores in the UK and Ireland during September, retaining only an online presence in the two markets. Gap has served UK customers since 1987 and launched in Ireland in 2006. In a statement the company said: “We are keen to maintain our presence in these markets.”.

Apparel 147
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How ‘ugly’ orthopaedic shoe company Birkenstock created a brand worth billions

Inside Retail

This is the opposite of the more traditional “trickle-down” phenomena, where mass-market designers and brands are influenced by high-end luxury and designer fashion. billion in 2006. Birkenstock’s collaborations with high-end designers like Dior and Manolo Blahnik have also boosted its brand equity. billion in 2021 and Crocs at US$1.15

Fashion 245
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Behind the breakup of Adidas and Reebok

Inside Retail

billion less than Adidas paid for it back in 2006. The focus for Adidas will now be on its “Own the Game” strategy, which it expects will fuel growth, gain market share and “create sustainable value” for its stakeholders. In Asia-Pacific alone, this market is anticipated to grow at a CAGR of 6.3 billion; US$1.3

Apparel 246