Inside Retail

NOVEMBER 27, 2024

With consumer sentiment and discretionary spend down, many retailers are already facing reduced profit margins and a higher cost of doing business, making hefty discounting for prolonged periods a particularly costly exercise. Since 2021, LSKD has joined in on the “Black November” sales period, starting its discounting earlier each year.

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Inside Retail

SEPTEMBER 25, 2024

When consumers buy from B Corps, they can feel assured they’re supporting a better way of doing business that’s working towards a better future for our planet and the people on it. Boody In 2021, Boody became Australia and New Zealand’s first underwear brand to obtain B Corp Certification status. Enter B Corp Certification.

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Inside Retail

SEPTEMBER 13, 2024

Makeup artist turned brand founder Hilary Holmes is challenging traditional beauty marketing tactics that leverage and profit from consumer insecurity through her cosmetics company Holme Beauty. Holme Beauty was founded in 2021 in Melbourne, but the idea had been brewing for almost two decades prior.

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Inside Retail

APRIL 7, 2022

Of all the habits consumers have established in the past two years, some are more likely to stick than others and the uptick in online shopping is certainly one of them. In 2021, co-founder Michael Dubin said: “It’s easy and affordable to spin up a DTC site right now.” DTC darlings. appeared first on Inside Retail.

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Inside Retail

APRIL 22, 2021

Now more than ever, it’s critical to understand the latest consumer expectations — and be ready to adapt. Direct-to-consumer selling. Around the world, direct-to-consumer (D2C) brands are becoming mainstream — and they’re causing a major shift in where, when and how shopping is done. Fulfilment of the future.

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Inside Retail

NOVEMBER 9, 2022

Retailers are potentially facing significant headwinds in the months ahead, with rising interest rates and cost-of-living pressures dragging on consumer confidence. per cent in the three months to September, compared with the same period in 2021. More problematic for online sales growth could be consumer trust. The cyber threat.

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Retail Focus

SEPTEMBER 20, 2021

A much-welcomed ray of sunshine is that many retailers saw their private label brands have grown – particularly in the UK, which leads other European markets in private label as share of overall consumer goods’ sales value. Clearly consumers turn to brands they trust if they are priced attractively.

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Inside Retail

MAY 3, 2022

per cent in March compared with the same month last year as the impact of Omicron on consumer shopping behaviour wore off. billion set in November 2021. billion set in November 2021. Consumer spending rose across both discretionary and non-discretionary industries. Australian retail sales surged 9.4 per cent), NSW (1.8

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Retail Focus

MAY 18, 2021

Less comprehensively covered, however, has been the incredible work retailers have done to adapt and to ensure hopes are high for a much improved 2021. Speaking of optimisation, such devices are perfectly designed to empower front-line workers to boost efficiency across a wide range of workflows. Why rugged?

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Retail Focus

FEBRUARY 13, 2023

The arrival of Mango is in line with the wider strategy- developed and implemented by Touchwood owner The Ardent Companies UK (“Ardent UK”) alongside asset manager Sovereign Centros – to diversify the scheme’s offer and attract premium brands to the scheme.

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Inside Retail

APRIL 4, 2022

Less than five years ago, many consumers wouldn’t have heard of buy now pay later (BNPL). per cent) used a BNPL service in the year to June 2021, up from only 6.8 We take a look at some of the fascinating consumer shifts around BNPL that have happened in the retail landscape lately. Trust and the consumer.

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Inside Retail

DECEMBER 12, 2021

2021 has been a year many retailers would like to forget, but none more so than online accessories brand The Daily Edited (TDE), which has not only had a global pandemic to grapple with, but also the shocking exit of co-founder and creative director Alyce Tran following allegations that she had misused company funds. .

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Inside Retail

JUNE 25, 2024

Between 2021 and 2023, more than 30 fashion maisons, including Celine, Chloe, and Givenchy, have established subsidiaries in South Korea,” Dominika Kustosz-Lee, co-founder and CEO of Dkl & Company, told Inside Retail. billion last year, a modest growth compared to more than 30 per cent in 2021 and 2022. per cent last year to 1.65

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Inside Retail

JULY 5, 2021

Our aim was, and still is, to educate and guide through our marketing, the concept of the line, the various solutions that are available and then empower the consumer to select styles and solutions that are most applicable for their style and the needs that they have.”. Accessible shopping experience.

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Inside Retail

FEBRUARY 21, 2023

Ikea recently debut a line of chairs and desks designed specifically for gamers. Consumers want to be entertained. The growth of gamification In 2021 the gamification market was estimated to be US$12.35 The appeal of interactive experiences has cemented itself into the world of retail. It is expected to grow 26 per cent by 2028.

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Inside Retail

DECEMBER 14, 2021

But if you took a punt and bought shares in any of them over 2021, there’s a good chance you’ve lost money. The state of the sector isn’t as bad, however, as suggested by news reports claiming stock have plunged an average of 80% in 2021. A new line of credit. Which is bad for consumers, but potentially good for profits.

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Inside Retail

JUNE 7, 2021

In the era of direct-to-consumer, social commerce, performance marketing and marketplace plays, you’d be forgiven for thinking that apps belong in 2011. However, according to Accenture’s 9th wave of Covid consumer research, two in three consumers continue to use brand apps for ordering.

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Inside Retail

JUNE 12, 2024

Co-founders of The Memo, Kate Casey and Phoebe Simmonds, saw a gap in parenting retail for flagship boutiques which give consumers an elevated shopping experience with a focus on quality, curation and exceptional customer service. The baby boom The Memo’s expansion plans are well in line with its remarkable growth.

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Inside Retail

OCTOBER 10, 2022

Nielsen Consumer Insights reported a 37 per cent increase in supermarket coffee sales – with more premium options seeing sales growth of over 40 per cent. The store acts as a showroom, allowing customers to trial and learn about De’Longhi’s product lines and brand. Customers stopped buying from baristas and started brewing their own.

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Inside Retail

AUGUST 4, 2021

After all consumers still need to eat and drink,” Thao said. Coffee sales have been on the rise, especially with our consumer packaged goods segment. The ‘new normal’ with the work-from-home set up led to more consumer purchase of our instant coffee range, from the supermarkets as well as online.”.

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Inside Retail

OCTOBER 5, 2023

billion in 2021, according to global research and consulting firm Allied Market Research, it is expected to reach US$55.6 million carats was in line with the year prior. The downfall derived from months of lowered consumer demand, lowered average selling prices, and increased expenses. Valued at US$22.31 per cent.

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Inside Retail

JUNE 22, 2022

In 2021 alone, 99.7 Nike Refurbished’, a new initiative launched in North America, allows the company to take back worn and slightly imperfect products from consumers to repair and restore, then sell on its marketplace. Truong explained that Nike is a company that can make change at scale. That’s an old Nike adage.

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Inside Retail

OCTOBER 27, 2022

Therefore, Rudolph believes that companies should minimise the amount of data they store or have available in their networks, use advanced security mechanisms, such as encrypted databases, and securely de-identify data, so that it doesn’t put consumers at risk if it is stolen. per cent from 2021. . million in 2021.

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Inside Retail

MAY 8, 2022

Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). For the year to June 2021, consumer retail spending grew by 9.1 per cent year-on-year growth in retail consumer spending to March 2022 3. Here’s the first interesting finding. Yes, you read that right.

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Inside Retail

MAY 16, 2024

Modibodi is rolling out a completely new brand identity across all consumer touchpoints from above and below-the-line advertising to customer communications, its website, packaging and retail presence. “We It is aspirational, original and doesn’t take itself too seriously,” Modibodi CEO Kerry Cusack told Inside Retail.

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Inside Retail

NOVEMBER 17, 2021

This was originally published in the Inside Retail Asia November 2021 issue of the quarterly magazine. The post Beyond beauty: Why neuroaesthetics in retail matter to the bottom line appeared first on Inside Retail. “Walking through Architectural Spaces: The Impact of Interior Forms on Human Brain Dynamics.”

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Inside Retail

JUNE 25, 2024

Between 2021 and 2023, more than 30 fashion maisons, including Celine, Chloe, and Givenchy, have established subsidiaries in South Korea,” Dominika Kustosz-Lee, co-founder and CEO of Dkl & Company, told Inside Retail. billion last year, a modest growth compared to more than 30 per cent in 2021 and 2022. per cent last year to 1.65

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Inside Retail

SEPTEMBER 26, 2024

In the last five years, a bevy of brands including Nike, Levi’s, Crocs and Under Armour have turned their attention to their consumers as they looked to cut out the middleman. And it’s little wonder given that in the US alone, direct-to-consumer (D2C) e-commerce sales are expected to grow 16.4 per cent to reach US$197.11

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Inside Retail

JUNE 8, 2022

Wilkinson credits his and Wallis’ backgrounds in fashion retail and licensing for helping to get the deal over the line. It received funding from Jay-Z’s venture-capital firm, Marcy Venture Partners, in May 2021, and has recently opened stores in the UK and Japan. billion by 2026, from US$47 billion in 2021, at a CAGR of 11.1

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Inside Retail

SEPTEMBER 1, 2021

Crocodiles are wild animals, not handbags.They are sentient beings who don’t deserve to languish in plastic-lined pens for the profits of French fashion houses.”. According to a 2021 report by World Animal Protection, the welfare of crocodiles on these farms is governed by an “outdated and inadequate” Code of Practice.

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Inside Retail

NOVEMBER 29, 2021

According to the Australian Banana Growers’ Council, the humble banana is the top selling supermarket product in Australia, outselling not only every other fruit and vegetable but every other supermarket line. It’s [similar to tracking of] livestock; consumers want to know what happened to their meat before they eat it,” Devaney said. ““We

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Retail Focus

OCTOBER 19, 2021

JD Sports is also leading the way in post-pandemic recovery, announcing record interim results in the first six months of 2021. We have worked collaboratively with JD Sports to be able to deliver this flagship store and provide a space that is engaging and new for our customers and fulfil the brands consumer demand.

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Inside Retail

FEBRUARY 21, 2023

It also features an in-store printing service that enables customers to select design, case-type and colour options, and have them produced on site, and in line with their requirements. According to Kofod, the brand’s e-commerce and bricks-and-mortar stores work in tandem to offer a strong direct-to-consumer presence.

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Inside Retail

APRIL 8, 2021

We are also thrilled to be opening our first showroom in Shanghai and develop the brand in China, where the long-term consumer market trend remains positive. China’s middle-class consumers, and especially the young generation, are constantly looking for brands that offer a good balance between price, design and quality.

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Inside Retail

JULY 12, 2023

It helps them to provide something that can help to grow the bottom line, while also introducing an extra sustainability measure into their business.” The UK business operates on a subscription basis, whereas the Australian business is free for consumers to join, but supermarkets are charged per item they advertise.

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Inside Retail

NOVEMBER 2, 2021

According to an OECD report published in May 2021, while the majority of people did not change how much they drank, most of those who did drank more. per cent in 2020-21, with annual growth from 2021-26 projected to be 7.9 When we find that line being blurred, it’s time to reassess,” he said. Never the other way around.

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Inside Retail

MAY 12, 2021

With exciting overseas holidays and drinking and dining off the cards in the past year, some consumers are now indulging in other ways and spending their money on discretionary categories such as fine jewellery, which has seen a rise in sales during Covid. The company saw a 29 per cent increase year on year to €714.3 told Inside Retail.

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