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US furniture chain Blu Dot opens its doors in Melbourne

Inside Retail

Blu Dot MD Brett Conroy shared that after discovering the brand in Dwell magazine in 2009 and visiting Blu Dot’s showroom in New York’s SoHo while on holiday in 2011, he was “instantly smitten”. “I “We are thrilled to open Blu Dot’s second store in Australia. It’s been on the cards for some time,” he added.

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‘An exciting way to test a new market’: More fashion brands turn to rental

Inside Retail

The online clothing rental market has come a long way since platforms like GlamCorner and US market leader Rent the Runway launched in 2011 and 2009, respectively. According to Future Market Insights, the global online clothing rental market is currently worth US$1.9 The ‘Attenborough’ effect.

Fashion 246
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Retailers, are you ready for it? Swift’s Eras tour a gold rush of economic karma

Inside Retail

Airport jewellery retailers including Colette are accommodating the gold rush by stocking up on friendship bracelets, cowgirl boots, accessories and Taylor Swift reading materials. Other accessory trends given cult status by the singer, such as heart-shaped sunglasses and cowboy boots are also up by 55 per cent and 45 per cent, respectively.

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Mike Ashley in talks to sell Missguided to Shein

Inside Retail

Missguided was founded in 2009 by Nitin Passi, the daughter of an Indian immigrant who set up the high street supplier By Design in the 1960s. The company grew its presence in the UK and overseas markets, including the Middle East and Asia.

Fashion 263
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VF Corp names Bracken Darrell as its new CEO

Inside Retail

Richard Carucci, a VF board member since 2009 and interim chair during the organisation’s recent leadership change, has been named chair. Benno Dorer, who has been VF’s Interim President and CEO since December 5, will continue to serve on the board, a role he has had since 2017.

Strategy 241
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Can Premier replicate Smiggle’s UK success with pyjama brand Peter Alexander?

Inside Retail

This will be the first time Peter Alexander ventures outside of Australia and New Zealand since its failed entry into the US market in 2008. Some analysts have described Peter Alexander as an “unproven” brand outside of Australian and New Zealand markets. million for its first-half sales results.

Expansion 243
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How Vestiaire Collective’s new initiative drives fashion activism

Inside Retail

Launched in Paris in 2009, Vestiaire Collective is an app for luxury pre-loved fashion with an inventory of 3 million items that include 550,000 new listings every month. According to a report from ThredUp this year, the secondhand fashion market is expected to double in the next five years, reaching $77 billion.

Fashion 246