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Poshmark to exit Australia to focus on core markets

Inside Retail

The company said on its website that it plans to increase investment and “drive meaningful growth” in its core markets – the US and Canada. The Posh Credit for these markets will expire after October 25, while unshipped orders will be automatically cancelled on October 28. billion last year.

Marketing 263
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How two sisters created Francesca Jewellery from a Tasmanian market stall

Inside Retail

A beading class in the rural town of Hawksnest, NSW, was the catalyst for sisters Rachel Vasieck and Hanna Vasieck to launch their on-trend designer jewellery label Francesca Jewellery in 2011. I worked alongside my sister Hannah for years at the Salamanca markets and learned the tricks of the trade from the age of 12.

Marketing 279
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‘An exciting way to test a new market’: More fashion brands turn to rental

Inside Retail

So we decided to build a new service line that allows us to provide other brands the ability to offer a rental solution to their customers, but powered by our platform. 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.

Fashion 246
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Central Group snaps up KaDeWe’s remaining assets. What’s next?

Inside Retail

On the other hand, El Corte Inglés, which recently announced that it had growing top and bottom lines, decided to close off stores that it did not own to reduce rent pressure and avoid being dependent on third parties.” According to GlobalData, the Europe luxury retail market size was US$109.8

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Why cruelty-free fashion is always in style for Australian luxury label Unreal Fur

Inside Retail

Australian fashion brand Unreal Fur produces premium vegan outerwear and has been a leader in the movement towards championing change for the betterment of animal welfare in the local and global fashion industry since 2011. The faux fur clothing market was valued at USD$1.9 Billion in 2023 and is projected to reach USD$3.8

Fashion 130
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As France weighs fast-fashion ban, is the circular economy the future of retail?

Inside Retail

It’s a trend that’s also playing out close to home with Roy Morgan’s Future of Australian Retail address highlighting the dichotomy between the $8 billion in sales cheap offshore marketplaces are sucking out of the market versus the increase in people wanting to shop more ethically and sustainably while still looking for quality.

Fashion 162
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McLaren Automotive prepares for 100th global retail opening

Retail Focus

McLaren Automotive’s first retailer opened in the summer of 2011 and allowed customers and fans to discover the company’s first supercar, the 12C. Fittingly given the global reach of the brand and in line with the brand’s ambitious Horizon2030 business plan, McLaren will open its 100 th retailer in China later this year. “In

Expansion 147