Inside Retail

NOVEMBER 25, 2024

Together we aim to strengthen our presence in the region offering consumers our world-renowned brands.” Rising demand The strategic alliance coincides with a substantial expansion of Southeast Asia’s watch and jewellery sector, attributed to the region’s enhanced consumer purchasing power and increased tourism activity.

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Inside Retail

NOVEMBER 14, 2023

And, with the collapse of soft-plastic recycling provider RedCycle in 2022 , many brands have been left with few places to turn. Baracchi said the business is targeting Australian consumers who want to recycle, but view the process as too hard. However, consumer trust in the recycling space hasn’t yet recovered.

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Inside Retail

NOVEMBER 3, 2022

At Microsoft, we break down the metaverse i nto three strategies: consumer, enterprise, and industrial. Consumer metaverse. Branded worlds & pop-up experiences for consumers to shop and interact with other customers. Your invite | Live Digital Event | Metaverse: Strategies for Retail Success – November 30, 2022.

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Inside Retail

AUGUST 17, 2022

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . This shows that consumers are researching online to find the product they are after before they head to a retail store to buy it. Representing 19.3 Search engines.

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Inside Retail

MAY 11, 2022

Scentre group’s figures came out on the same day as the latest consumer confidence data from Westpac shows a decline of 5.6 per cent in 2022.”. The post Australians return to the malls despite a plunge in consumer confidence appeared first on Inside Retail. Comparable sales of major retailers and specialty stores were up by 11.2

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Inside Retail

NOVEMBER 23, 2023

For the past few years, consumers have been more than willing to dip into their bursting savings accounts – thanks in large part to the pandemic – to spend on Black Friday. per cent up on 2022. The post How FOMO drives consumers and retailers to participate in Black Friday appeared first on Inside Retail Australia.

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Retail Focus

OCTOBER 30, 2024

Their ability to create highly curated experiences that are tailored to regional tastes, cultural preferences, and local consumers is made possible by this approach. In a world where consumers value authenticity, it’s important for brands to reflect the cultural heritage of a location to avoid appearing detached or overly globalised.

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Inside Retail

OCTOBER 18, 2022

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.

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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. LSKD’s approach has also garnered the attention of consumers and its community. “We

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Inside Retail

NOVEMBER 13, 2024

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.

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Inside Retail

APRIL 2, 2025

After being sold by Unilever to CVC Capital Partners in 2021, T2 found itself under the umbrella of the newly independent Lipton Teas and Infusions in 2022, following the divestment of Unilevers tea business. To visually see those ingredients is a really important part of the consumer journey.

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Inside Retail

JANUARY 6, 2025

billion in 2022. In a recent Australian Competition and Consumer Commission hearing, the CEO of Woolworths cited the 6500 products across the grocery, household and personal care categories stocked in Woolworths that were now also being sold on Amazon. Amazon announced it posted over $3.1 million customers, reaching 7.9

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Inside Retail

JANUARY 2, 2025

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.

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Inside Retail

MARCH 25, 2025

Ramadan continues to be a crucial shopping period across Southeast Asia, with evolving consumer behaviours and market dynamics shaping the retail landscape. According to the company, from 2022 to 2023, sales increased by 8 per cent, followed by an even stronger surge of 16 per cent from 2023 to 2024.

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Inside Retail

SEPTEMBER 1, 2024

A shift in consumer habits has been blamed for the brand’s difficulties. However, their assessment, like ours, is that Flave is slightly ahead of current consumer habits.” In 2022 he told Franchise Executives the brand would franchise in 2023 and announced the ambition to open 1000 restaurants within 10 years. and a $2.4m

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Inside Retail

MARCH 10, 2025

The country has a well-established retail ecosystem with high-traffic shopping malls, premium retail spaces and a digitally engaged consumer base. In 2022, GMG further strengthened its position by acquiring Nike-only stores from SUTL Corporation in Singapore and Malaysia. However, expanding in Southeast Asia is not without challenges.

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Inside Retail

DECEMBER 11, 2023

Fitness tracker Fitbit is facing an $11 million penalty in Australia after admitting it committed deceptive representations about consumers’ rights to a refund or replacement if the device sold was found faulty. The post Second strike: Fitbit fined again for misrepresentation appeared first on Inside Retail Australia.

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Inside Retail

FEBRUARY 4, 2025

The numbers currently used to identify cards will be replaced with tokenisation and biometric authentication In 2022, Mastercard added biometric options enabling payments to be made with a smile or wave of the hand. Many senior consumers and those with a disability dont use digital banking services.

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Inside Retail

MARCH 15, 2024

According to the Australian Competition & Consumer Commission (ACCC), Bloomex displayed products for sale on its website between February 2019 and March 2023 with a ‘star rating’ that remained static since January 2015. applied to orders made via its website between August 2022 and March 2023.

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Inside Retail

JULY 16, 2024

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.

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Inside Retail

JANUARY 26, 2025

He became group president, International in 2022, leading the companys international organization and overseeing relationships with key global retailers and commercial partners. During his tenure, Jueptner led the transformation of the companys global commercial organization to respond to consumer needs across geographies and channels.

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Inside Retail

FEBRUARY 14, 2023

After multiple paradigm shifts in 2022, retailers are facing a very different landscape in the months ahead. Then, seemingly out of the blue, around mid-2022 many shoppers realised they could no longer afford their lifestyle. Here’s a quick review of the biggest ones, whose impact is likely to extend well beyond 2022.

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Perspective Consumer Social Media Shopping 264

Inside Retail

NOVEMBER 12, 2024

Despite low consumer sentiment and discount fatigue, Chinese spending during the country’s biggest shopping event doesn’t seem to be all doom and gloom. Many consumers are focusing more on stocking up on everyday items like dry shampoo, toothpaste, and tissue paper, according to Dudarenok.

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Inside Retail

OCTOBER 7, 2022

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

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Inside Retail

SEPTEMBER 17, 2024

. “On the back of real retail turnover per capita not growing since mid-2022, consumers are planning to spend $1002 on average this year, down 18.9 per cent from 2023,” said Elise Sharpley, Deloitte consumer products and retail sector leader.

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Consumer Planning 264

Inside Retail

MARCH 3, 2024

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.

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Retail Focus

NOVEMBER 28, 2024

As spending-caution remains rife among consumers, many shoppers held off making purchases in October in anticipation for Back Friday discounts, with the BRC reporting last month total retailer sales grew by just +0.6% The analyst also expects physical stores to increase share of spend for the first time since 2022 , rising by +1.9%

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Retail Focus

DECEMBER 10, 2021

uplift in UK retail sales this year point to plenty of opportunities for firms to harness — with a further eight in 10 CEOs already looking forward to bigger gains in 2022. . The majority of this cash is still in the bank, with many consumers looking to splurge during the holiday season.”. Estimates of a 4.2%

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Inside Retail

JANUARY 21, 2025

This shift is occurring against a backdrop of economic challenges and changing consumer behaviours, making gift cards an increasingly vital tool for both consumers and retailers. This growth reflects new consumer behaviours, with gift cards becoming an integral part of daily life for Australians. billion in 2028, up from $4.8

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Inside Retail

DECEMBER 2, 2024

Australia proposed a law on Monday that could impose fines of up to A$50 million ($33 million) on global technology companies if they suppress competition and prevent consumers from switching between services. Innovation outside of the established players becomes almost impossible.”

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Inside Retail

FEBRUARY 20, 2023

Despite the mounting headwinds, Australia’s economy was a strong outperformer in 2022. per cent between December 2021 and November 2022. For consumers, there is a very strong desire to get out and enjoy life. million passengers flying domestically in the three months to September 2022.

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Inside Retail

APRIL 24, 2024

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.

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Inside Retail

MAY 23, 2023

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

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Retail Focus

MARCH 30, 2022

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”.

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Inside Retail

OCTOBER 21, 2024

In one successful example, a major consumer goods company used AI to predict future store and online sales. But in business to consumer (B2C) sectors such as retail, consumer trust and confidence are paramount – adding extra pressure. Real-time fraud and cyber detection Cybercrime is an issue for every industry.

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Inside Retail

NOVEMBER 13, 2024

While the brand’s designs were considered bold and lively by Gen X and older Gen Y consumers, also known as Millennials, the brand didn’t strike the same chord with younger Gen Y customers. 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.

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