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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

It is removing all non-electric bikes from its offering and reversing course on its direct-to-consumer strategy as it looks to expand its market share. We also knew having a presence in Canberra, we couldn’t achieve that ourselves because the market is just a little bit too small to justify a Lekker store and these guys are great.”

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“Doing nothing wasn’t an option”: M.J. Bale CEO Matt Jensen

Inside Retail

Bale director and designer Matt Jensen says the brand takes on the challenge of evolving with the market while honouring the pillars of the business. Bale in 2009, some of the challenges you faced from the outset, and how you got the business off the ground during those early stages? But I can’t remember it being too challenging.

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Global luxury sales could return to pre-Covid levels this year, Bain says

Inside Retail

Luxury goods sales fell by 23 per cent to $264 billion last year, the largest-ever drop and the first decline since 2009, as the pandemic forced shop closures and brought international tourism to a virtual halt. The US market has been the unexpected bright spot,” Bain said. The speed of the recovery has been uneven.

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Parfums de Marly enters APAC for the first time and settles in Sydney home

Inside Retail

Following its 2020 marketing strategy rebrand, Parfums de Marly felt now was the right time to enter the Australian retail space with its French vision of excellence and luxury in opposition to standardisation, through in-store customer experience. billion in 2023 to US$69.25 We saw a lot of brands, stop producing and stop investing.

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What Stitch Fix signals about the future of personalised subscription boxes

Inside Retail

After launching in 2009, it was acquired by Nordstrom for US$350 million in 2014, before shutting down in 2022. This marks a sharp contrast from 2017 when Lake became the youngest woman to take a company public at 34, until Whitney Wolfe Herd, the founder of Bumble, went public with the business in 2021 at 31.

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How Maison Francis Kurkdjian built a brand around the Picasso of fragrance

Inside Retail

Born of a collaboration in 2009 between Marc Chaya and perfumer Francis Kurkdjian, Maison Francis Kurkdjian has become a major player in the luxe fragrance industry, and is sold across more than 700 locations worldwide. For us, marketing had to be at the service of creative ideas and to act only as an amplifier.

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The Democrats Really Are That Dense About Climate Change

Robinson Meyer

Republicans, by contrast, have a plausible path to more than 60 seats, allowing them to pass legislation over that institution’s filibuster. When reminded of this bleak outlook, climate progressives point to corporate action and the stock market, which both seemed to be moving in their direction.