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Based in the US, Movado Group designs, sources, and globally distributes Movado, MVMT, Olivia Burton, Ebel, Concord, Calvin Klein, Coach, Tommy Hilfiger, Hugo Boss and Lacoste watches and to a lesser extent jewellery and other accessories, and operates Movado company stores in the US and Canada.
Located at Chadstone Shopping Centre in Melbourne, the 250sqm flagship offers Gentle Monster’s full range of product and experience to Australian consumers. Gentle Monster represents innovation and disruption in the fashion eyewear category that we are confident the Australian consumer will embrace,” added Ngadiman.
billion in 2022. Category growth on Amazon Roy Morgan Research in 2024 showed that the most popular categories on Amazon Australia are books, small electronics goods, clothing, and computers and accessories. Amazon announced it posted over $3.1 million customers, reaching 7.9
Lockdowns, store closures, and increased online shopping were all part of the ‘new normal’ for consumers and retailers during the height of the Covid-19 pandemic. ACRS (Australian Consumer and Retail Studies) regularly investigates the attitudes and behaviours of Australian shoppers via our ACRS Retail Monitor.
Launched by friends Barbara Bradley Baekgaard and Patricia R Miller in Fort Wayne, Indiana, in 1982, the brand became well known for its wide array of colourfully quilted handbags and accessories. We are prudently planning the second half through a more conservative lens, as we expect the trends we’ve seen in both brands to continue.
Coco Republic will collaborate with online lifestyle retailer Revolve to produce a collection of decorative items, to expand its audience to millennial and Gen Z consumers in the US. Founded in 1984 in Australia, Coco Republic launched two flagship stores in California in 2022. It is an exciting direction for the brand.
Global lifestyle brand, kate spade new york, is to open its first Northern Irish store in April 2022, at designer outlet, The Boulevard. . kate spade new york at The Boulevard is a unique proposition in Northern Ireland and we are very excited to see it open in 2022”.
Under IMG’s leadership since 2005, AFW has elevated resort collections, showcased Indigenous designers and initiated a consumer-integrated model. The emergence of consumer-facing fashion events including PayPal Melbourne Fashion Festival and Melbourne Fashion Week has led some to question the relevance of a closed industry-only event.
While Japan has long been established as a premier hotspot for vintage luxury products, particularly designer bags and accessories in pristine condition, the country has recently experienced an unprecedented surge in demand for these meticulously maintained secondhand treasures. per cent of Japans total secondhand industry in 2022.
Four-wheel drive and camping accessory retailer Outdoor Supacentre (trading as 4WD Supacentre) has been fined $302,500 for sending more than 83,000 spam texts. The ACMA had also sent five compliance alerts to the retailer after receiving consumer complaints. Businesses have paid more than $12.5
Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. The Sydney store followed the launch of its first permanent US store and four new stores across South Korea in 2022.
One Mile made its runway debut at Afterpay Australian Fashion Week 2022 with its Resort ’23 collections. Tall order Tailoring clothes for taller females and catering for a gap in the market alongside the average female consumer demographic has further solidified the brands place in a competitive clothing market.
Walking into the 1172-square-foot space designed by Ringo Studio, consumers are greeted by a 16-foot- long custom table with marble insets, anchored by a dramatic light fixture. GU New York City Uniqlos sister brand GU opened its first pop-up in the US in the heart of New York Citys SoHo neighbourhood, in 2022.
billion last year, a modest growth compared to more than 30 per cent in 2021 and 2022. Luxury accessories brands, including Rolex, Omega and Bulgari, also reported significant sales and profit drops last year. Over the years, Korean consumers have become more sophisticated. Meanwhile, Louis Vuitton’s sales dropped 2.4
per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . per cent in August 2022 compared to the previous year. According to professor of marketing and consumer behaviour at Macquarie University Jana Bowden, there is a lag effect happening with spending. she said. “Not
The new store stocks the brand’s authentic apparel collection alongside a full range of accessories, further diversifying the destination’s retail line-up. Louisa Dalgleish, Leasing Director at Icon Outlet at The O2, added: “The opening of Superdry is another key milestone for Icon Outlet in 2022.
million weddings took place in 2022, as wedding activity has bounced back post-pandemic. Rachel Leonard, editorial director of The Bridal Council and former fashion director of Condé Nast’s Brides , agreed that consumers today are seeking more bespoke bridal wear and adds that they want those services provided on a “faster turnaround” time.
Nielsen IQ reported that over 110 million households purchasing pet products had an average value per buyer of US$680 at the end of 2022, representing a 10.7 This shift in mindset has created significant demand for fashionable pet apparel and accessories that not only meet pets’ needs but also reflect the personal style of their owners.”
per cent year on year in December 2022 and is currently sitting at 26.72 In December 2022, a note by Morgan Stanley, which found that young adults living at home with their parents were driving purchases of pricey products, was widely covered by the media. “In Australia, retail spending in restaurants and cafes grew 25.34
The brand’s first stock-keeping unit was several styles of aesthetically designed face masks, the accessory of the year for 2020 to 2022. Urman observed that consumers today are looking for ways to be as healthy as possible that don’t feel cumbersome or hard to integrate into their busy lives.
Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.
billion last year, a modest growth compared to more than 30 per cent in 2021 and 2022. Luxury accessories brands, including Rolex, Omega and Bulgari, also reported significant sales and profit drops last year. Over the years, Korean consumers have become more sophisticated. Meanwhile, Louis Vuitton’s sales dropped 2.4
The Australian Competition & Consumer Commission (ACCC) has issued Davie Clothing with six infringement notices related to its Kids Beach Oodie range. More than 2400 of the affected garments were sold to consumers from September 29, 2022 to July 14, 2023. The brand announced the recall of these products in August last year.
According to the e-commerce company’s latest Trender report, emerging innovations like ‘shoppertainment’ and virtual retailing are enabling brands to further diversify their omni channel offerings and cater to modern consumers who expect more from online retail platforms. Another driver is demographics. What’s next?
Australian consumers are increasingly turning to marketplaces to search, discover and purchase new products, offering major opportunities for local brands. New research from Pattern’s Marketplace Consumer Trends Report – 2023 highlights that 92 per cent of consumers plan to shop on a marketplace this year.
Located on the ground floor of Melbourne Central, the store carries Nere-branded suitcases, soft-sided bags, packing cubes, toiletry kits, luggage tags, water bottles and other accessories that shoppers can mix and match in various colours to create their own personalised luggage sets. Nere releases new colours and accessories every season.
AR gives consumers the opportunity to immerse themselves in the stories, heritage and expertise behind Nespresso coffees and understand how capsules are recycled, giving waste a second life. Nespresso capsules are made of aluminium, which is infinitely recyclable. Customers can also sign up for Nespresso subscriptions in-store.
Mosaic Brands is facing legal action for allegedly breaching the Australian Consumer Law by failing to deliver “several hundred thousand products” to its customers within advertised timeframes. The delayed deliveries subject to the court action occurred between September 23, 2021 and March 31, 2022.
Smthgood isn’t just another online shopping destination; it’s actually harnessing the power of gamification, engagement and loyalty to incentivise consumers to make more thoughtful purchases. Tan said that consumers are now increasingly prioritising products and brands that align with their environmental, ethical and social values.
Italian luxury fashion house Bulgari, known for its high-end jewellery, watches and accessories, as well as the Bulgari chain of hotels and resorts, has launched a virtual world within Zepeto, Asia’s most popular metaverse platform. It is a 3D space for customising your avatar, completing quests and sharing content to social media.
The ‘flagship’ strategy is an all-new proposition for Sports Direct, bringing the best of sports to the consumer with an unrivalled product choice and world-class experiences through Sports Direct’s new design and brand vision. Set to open in late 2022, the store will feature the brand’s new premium design across five floors.
With sales almost entirely online, the retailer generated about US$23 billion in global revenue in 2022, according to research firm Coresight. Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M. Shein has a huge valuation and is primed for an IPO. Shein introduced 1.5
Italian luxury shoe maker Tod’s sees analysts’ expectations for 2022 sales and profitability as achievable despite a marked slowdown in China due to widespread Covid-19 restrictions, its finance chief said. The analyst consensus is for 2022 sales of around 970 million euros and a 5 per cent EBIT margin.
H&M announced a collaboration with Iris Apfel, New York style icon, fashion designer and interior decorator who likes to dress up “for herself and herself only” and is known for her vibrant clothing, fun accessories and signature thick, oversized specs. Consumers don’t pack it in during their later years of life and give up on beauty. “The
The Australian Bureau of Statistics (ABS) released its count of business entries and exits for the 2022-2023 financial year on Tuesday, revealing the formation of 406,365 businesses, or 66,000 fewer than in 2021-2022. per cent in 2021-2022, outlining the post-lockdown boom in consumer spending. per cent of businesses.
Consumer confidence is down, but retail rents are on the rise, and by June 30, it’s tipped that over 10,000 retail companies will enter external administration. It will join the new Fitzroy store that opened earlier this month and the original Armadale High Street location, which opened in September 2022.
According to Textile Exchange’s 2022 report, synthetic fibres represent 65 per cent of global fibre production, and more than half of these fibres, 56 per cent, are derived from fossil fuels. The post Why a concept store in Hong Kong is educating consumers about textile waste appeared first on Inside Retail.
OTB, parent of Diesel, Jil Sander, Maison Margiela, has reported lower sales for the last fiscal year as a decline in wholesale more than offset growth in the direct-to-consumer (DTC) channel. The groups net sales for the year ended December 31 were 1.7 billion (US$1.77 billion), down 4.9 per cent on a reported basis and 3.1
Purpose is the new black when it comes to how consumers make purchase decisions. And it’s clearly on consumers’ minds too. Brands can recreate real-world experiences in the Metaverse – from clothing and accessories to art and spaces. Sustainability forms a huge part of what it means to be purpose-led. Their appeal?
At least two significant forces are reshaping how and where consumers shop and their expectations of brands. Encouragingly, consumers are ready to increase participation in the circular economy. Consumers want businesses to make it more convenient to take part.” . In stark contrast, Finland is targeting 100 per cent by 2025 2.
Against the backdrop of rising costs, supply chain issues and extreme weather events, more consumers are re-examining their consumption and waste habits. It reveals a window for businesses to lead, educate, and align with consumers to drive the transition from a linear to a circular economy. Consumer education and guidance required.
They have absolutely loved the new look and layout and we can’t wait to roll this out even further in 2022. ARO: What are some of the interesting challenges Witchery is focusing on for 2022? ARO: What are three of the most exciting opportunities for the Australian fashion industry in 2022?
IR: Could you touch on the brand’s business and social media strategy to cater to local consumers and attract new retail partners? Whilst the alignment has never been stronger for Australian consumers, the challenge here is to shift the perception from where the brand was 10 years ago entering Australia, and where the brand is now.
But on the plus side, let’s look at three major innovative trends that appear ready to help retailers find new ways to connect with customers in 2022. Tenspace (Columbus, Ohio) offers digital native and direct-to-consumer brands, like sports apparel brand Rudis, a physical space to test store concepts and brand activations.
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