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Department store group Myer has proposed to combine its business with Premier Investments’ Apparel Brands, comprising Just Jeans, Jay Jays, Portmans, Jacqui E and Dotti. ” Apparel Brands has 717 stores across Australia and New Zealand, and generated revenues of $845 million in the last fiscal year. “The
It estimates global sales of its apparel brands business to range from $405 million to $412 million and its underlying EBIT between $31 million and $35 million. The apparel brands consist of Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E.
Myer’s acquisition of Premier Investments’ Apparel Brands appears to be the next step in Olivia Wirth’s plan for the department store’s loyalty program, Myer One. Wirth’s leadership has focused on in-store enhancements, customer loyalty, and curated brand partnerships, helping Myer adapt to and anticipate market shifts,” she added.
Apparel retailer Accent Group the parent of Platypus and Hype DC, among other labels expects to achieve earnings of $80 million for the first half of the fiscal year. The post Apparel retailer Accent Group forecasts $80 million earnings appeared first on Inside Retail Australia. The group reported a 4.6
American Apparel is relaunching in Australia and expanding into New Zealand, releasing its new season range online online. “We will also be bringing our newest collections and styles of American Apparel to those markets and will be supporting the brand with our Craft the Culture campaign. .
per cent to $296 million and the Apparel Brands business, which includes Just Jeans, Jay Jays, Portmans, Jacqui E and Dotti, fell 6.4 “The last 12 months have highlighted significant future opportunities for each of Peter Alexander, Smiggle and the Apparel Brands,” said Solomon Lew, chairman of Premier Investments.
A prospective backdoor listing and a marriage of convenience have enlivened end of financial year stock market prognostications. The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed.
If we let it, the voluntary administration of Mosaic Brands can show us the downside of having a large store network while the sale of Premier Investments’ Apparel Brands can show us the upside. The combination of Myer and Apparel Brands is transformational for our business,” said Myer’s executive chair, Olivia Wirth, in a statement. “If
Mirroring the success of our Brookfield Place store in Sydney, we wanted to bring a broader assortment, elevated experience and bespoke touches like accessory personalisation to this diverse guest base. IR: Lululemon’s new flagship introduces several innovations, such as a personalisation station and in-store repair services.
French outdoor adventure and lifestyle brand Salomon has recently become a staple of style-conscious sneakerheads, despite traditionally being known for its functional hiking and trail apparel. He attributes this new positioning to driving the huge growth of the brand in the Australian and New Zealand markets.
The post Australian Fashion Council unveils trademark for Aussie apparel appeared first on Inside Retail. A multi-channel promotional campaign and consumer website will launch in August. Brands can apply to use the trademark online.
Apparel brand The Upside has partnered with fitness franchise Strong Pilates to launch a sustainable activewear collection. The post Apparel label The Upside partners with pilates chain in sustainable collection appeared first on Inside Retail Australia.
The brand delivers a contemporary approach to mindful apparel, balancing design innovation with quintessential ready-to-wear styles. She identified a gap in the market, as well as the problem of overconsumption. Six years later, the brand has expanded to provide a full closet, with statement pieces, suiting, eventwear and accessories.
The department store chain has yet to name the appointees for the newly created roles of GM of merchandise for beauty, accessories and services and GM of merchandise for women’s apparel. Last July, the company appointed Clarabella Burley, ex-Qantas Loyalty head of marketing, to the same role at Myer.
Apparel brands Lacoste and Dickies have appointed Accent Group as their exclusive distributor in Australia and New Zealand. The addition of both of these new global brands continues Accent’s strategic drive to grow our business in the Lifestyle Apparel and footwear market, in particular the apparelmarket,” said Accent CEO Daniel Agostinelli.
Walmart and Petco are just the latest examples of a trend among both specialised pet care retailers like Petco and Chewy, and mass-market retailers such as Kohl’s, and Lowe’s, of expanding pet care services and product ranges to meet the needs of an increasingly pet-centred society. The pet perfume market alone was estimated to be worth US$1.4
Peter Rabbit apparel will now be sold in new territories globally as part of a fresh licencing deal with Penguin Ventures. Lindsay Pearl, head of international sales at Penguin Ventures, said the demand for Peter Rabbit apparel has “surpassed all expectations” this year.
The demise of the unattainable, airbrushed and aspirational model, and the movement towards a more realistic reflection of society in the intimate apparel retail sector, is not merely a trend, it’s a new way of doing business. It was valued at US$200 million in 2022.
Former advertising firm executive Chris Willingham has joined the senior leadership team at footwear and apparel brand R.M. Williams as its new chief marketing officer. Williams names new chief marketing officer appeared first on Inside Retail. He will start on the new role in the coming weeks. The post R.M.
Under Armour has announced an expanded range of apparel, footwear, and accessories exclusively for the Australian market. The ‘Live in UA’ campaign will roll out across all of Under Armour Australia’s digital brand platforms and nationally in Under Armour Brand Houses and out-of-home marketing placements.
“The partnership with Blauer represents a clear opportunity for us: to explore new expressive possibilities of our brand through apparel that puts the consumer in touch with the Pirelli world of emotions, identity and passion,” said Marco Maria Tronchetti Provera, SVP of design and assets conversion at Pirelli.
Apparel firm Accent Group has entered into an agreement to buy up the Glue Store and Next Athleisure businesses for $13 million. Glue Store, along with the NAL wholesale and distribution business, provides an established and complimentary platform to accelerate our fast growing apparel business.”.
We can do all types of marketing, but the very best interaction that we have is with our associates and their knowledge about the products,” Steelman stated. This involves overhauling the brand’s digital operations to provide smoother, more efficient services and designing more modern products to suit a younger generation of shoppers.
Set to boast a strong offering of luxury, premium clothing and accessories with an urban style, Police enters the Irish market for the first time at The Boulevard, to join its output in more than 80 countries across all major cities in the Middle East, China and Europe.
We have been focused on building out the convenience aspect, by providing customers with a price-value proposition through subscribe-and-save models, and over 2025 we will be doubling down on speed to market, to get faster in the click-to-delivery time. Tinyme COO Ben Hare said the company seeks to broaden its product range.
“Vertex Ventures Southeast Asia and India brings deep expertise in scaling startups globally with valuable connections across various markets,” he said. “We We believe the guidance and support from Vertex will significantly accelerate our strategic entry into new regional markets.” billion this year.
billion to Nikes market value, which has been struggling as of late. With a renewed focus on marketing and products geared toward female customers and a partnership with retails current it girl Skims, some retail experts think the brand has a decent shot of taking back its spot at the top of the commerce ladder. The jump added $6.7
The international success of prominent K-pop artists such as BTS, Blackpink, and Stray Kids has catalysed unprecedented levels of consumer engagement, resulting in expanded market opportunities for merchandising. In contrast, prices in the pre-loved market can change based on how rare it is. million KRW ($1029).
A study released by global apparel and accessories retailer Public Desire confirmed the top 10 most sought-after limited-edition collaborations by analyzing factors such as original price, resale value, price growth, accessibility, and public interest. Why did these collaborations win?
Australian cycling apparel label MAAP has opened its first flagship concept store in Collingwood, Melbourne. The first collection includes vinyl and player from Sound Merch, skincare for pre- and post-riding needs from Aesop, and accessories from Havn. . It was designed by Clare Cousins Architects.
To help plus-sized men find good-value fashion, menswear label Connor has launched AXL+Co into the Australian market. Owned by parent company Retail Apparel Group, the company says the launch comes after market research identified a “major gap” in the market for men who consider themselves ‘plus-size’.
Plus-size apparel company City Chic has sold its Evans brand to AK Retail Holdings for GBP8 million (AU$15.5 Specialising in plus-size women’s apparel, footwear and accessories, City Chic has a portfolio of brands including City Chic, Avenue, Evans, CCX, Hips & Curves, Fox & Royal, and Navabi.
Australian leakproof apparel pioneer Modibodi has been bought by Swedish hygiene and health company Essity in a deal worth $140 million. . Modibodi was founded by its CEO Kristy Chong nine years ago and has a strong market presence in Australia, New Zealand and the UK. Strong growth projected in leakproof market.
billion last year, the bridal wear market is expected to reach US$18.54 percent in this time frame, Maximize Market Research states. Social media shapes wedding retail Christina Wettstein is the co-founder of bridal retail companies Melange de Blanc and Coterie White and has been in the wedding apparel industry for over 17 years.
On Thursday, Ikea will be launching a limited edition 10-piece clothing and accessories range in Australia, both online and in-stores. Alternatively, they may become the innovators in apparel trends, and develop ongoing collections such as the H&M designer capsule ranges,” she observed.
Shaftesbury Capital has announced that Strathberry, the Edinburgh-based and internationally recognised brand specialising in luxury leather goods, has relocated its store within Covent Garden’s historic Market Building, reinforcing the destination’s enduring appeal as a hub for UK-founded luxury brands. The upsized unit, measuring c.1,200
The e-commerce giant has seen its market share erode in apparel as Shein and Temu quickly expanded in international markets with US$12 dresses and US$10 gadgets. Shein and Temu have specialised in offering dresses, accessories and gadgets “that the consumer is less time-sensitive about,” he said.
It was about working with them, and internally with our team to understand, in particular, how we ensure that the garments we’re putting into the market have the best or the least environmental impact.” “We’ve always had a good ethical sourcing component and great relationships with suppliers,” Hard said. “It
“Hoka is positioned for its next phase of growth with a portfolio of new store openings marking an important strategic next step both from a sales and brand marketing perspective,” said Hamish Allison, Accent Group’s GM of performance division.
Lifestyle label Laura Ashley has partnered with homeware marketer Basford Brands to launch a soft furnishings range in Australia and New Zealand. Established in 1953, Laura Ashley sells a range of lifestyle products including home furnishings, women’s sleepwear, children’s apparel, accessories and hospitality experiences.
Despite modestly positive expectations for 2024, the luxury retail market did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion.
Uniqlos momentum carries over into 2025 METI doesnt report on sales at apparel specialty stores but Fast Retailing provides a good indicator with monthly sales reports for its 786 physical Uniqlo stores in Japan and its e-commerce business. Sales of apparel were particularly strong, attributed by the company to low temperatures.
Athletic apparel brand Under Armour posted revenue of US$1.6 The company, however, still struggles to gain ground in a more challenging market, he added. Apparel revenue increased 3 per cent to $1.1 Accessories sales rose 3 per cent to $114 million. billion, but footwear was down 7 per cent to $351 million.
The Southern California-based firm designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories, with collections available in more than 180 countries and territories. The post Skechers wins first round patent dispute against Dockers appeared first on Inside Retail Australia.
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