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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. But it’s not all about size, Premier’s Apparel Brands’ omnichannel strategy and customer connection align with Myer’s approach to loyalty.
The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed. A merger with Sigma Pharmaceuticals remains the preferred option for restructuring Chemist Warehouse but if that plan is quashed by regulators or Sigma shareholders there is a plan B.
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
Im also focusing on our pivot towards becoming a head-to-toe denim lifestyle apparel brand. While we are well-known for being a mens denim bottoms business, as we focus on winning with women consumers, we can extend that authority into categories such as womens apparel and tops.
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. I see the opportunity for growth in several key categories.”
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.
Spanning 8000sqft across two levels, the venue will offer more than 5000 apparel, footwear and accessories products. Aside from the Soho store, the brand also plans to open in the San Francisco Bay Area and greater Los Angeles’ Orange County. It will have 12 fitting rooms and feature unique furniture throughout the space.
Trans-Tasman apparel retailer Mosaic Brands is set to open 130 new stores as customers return to in-store shopping. We will be planning an additional 130 stores throughout this year, with online expected to reach up to 8 million products by the end of the year,” said Evans.
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.
Mosaic Brands, the Australian apparel retail group, says it will open 40 new large-sized ‘mega stores’ this financial year as it transitions into what it describes as “a more ageless, value-driven, big-box retailer”. The plans were revealed along with the group’s annual result which saw a $33.5 million turnaround from a loss of $16.4
Footwear and apparel retailer Foot Locker has debuted a new concept store in New Jersey that it says offers an elevated shopping experience and customer service. Other highlights include a “modern and streamlined shopping journey”, an area for communal sneaker try-ons, and a hub for customisation and personalised experiences.
Indeed, 2025s business plan includes piloting large-format stores in such locations. For 2025, the companys business plan is to end the year with about 200 stores. Its not a bad ploy and it fits well with the broader expansion strategy, but even so, this is a company with much greater ambition than selling pens to students.
The most valuable apparel brand in the world has its sights set on being prepared for shoppers in online virtual environments. These trademarks will come into effect only when virtual apparel and accessories are in commercial use. There’s no metaverse yet, but when it comes, you can expect Nike to be there waiting.
And I was starting to work on a lot of our environmental impact as well, and starting to put together a bit of an action plan,” Rebecca Hard, the Sussan Group’s CEO, told Inside Retail. “We It recognised the great work we were doing and enabled us to create a great action plan for the future,” Hard said.
Sports apparel company Under Armour has reported a rocky start to fiscal 2025, with revenue down 10 per cent to US$1.2 Meanwhile, earnings from apparel decreased by 8 per cent to $758 million, footwear sales plummeted by 15 per cent to $310 million, and accessories revenue decreased by 5 per cent to $93 million.
Accent Group plans to open four Hoka stores in three states this year, including the brand’s first Australian freestanding concept store, which will open next month at Westfield Bondi Junction.
Then, as part of our longer-term plan, we will look to expand to other locations. The plan is to support the concepts with outlets in similar areas. IR: Are you also able to discuss how Reebok is planning to combat intense cost-of-living pressures at the moment? IR: What excites you most about Reebok moving forward?
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’. AXL+Co by Connor will offer a wide range of designs including shirts, chinos, shorts, basics, suits and accessories for those in sizes X to 7XL.
Linda Whitehead, former group GM of apparel label Jay Jays, is brand CEO. BBRC has not made an official announcement or shared any plans about the label. Honey Birdette’s former global CEO Julie Hastings is COO. According to a retail commentator (who preferred not to be named), the brand name is causing quite a confusion.
Established in 1953, Laura Ashley sells a range of lifestyle products including home furnishings, women’s sleepwear, children’s apparel, accessories and hospitality experiences.
Kontoor Brands, the apparel company behind Wrangler and Lee, is to acquire Canadian outdoor workwear brand Helly Hansen from Canadian Tire Corporation. Founded in Norway in 1877, Helly Hansen is known for its outdoor apparel and clothing innovations, including the first fleece fabrics in the 1960s and the H2Flow temperature regulation system.
We plan to experiment with a mix of retail models, including a shop-in-shop format and our branded stores,” Pham said. Coolmate is now planning to expand beyond its home market. As for the US, Vietnam’s cross-border solid e-commerce practices offer a chance to test our products in a huge apparel market. billion this year.
The brand has no plans to stop there. Fans of both brands fell in love with the spunky and sporty apparel, and the collection immediately sold out online and in numerous Adidas stores around the world, ultimately helping sharpen Farm Rios focus on the opportunity for global expansion.
All eyes are on Canadian athletic apparel brand Lululemon, after it was fined for selling poor quality down-feather vests in China. Just earlier this year, luxury shoe and accessories brand Bally faced a similar penalty over defective products sold at its Beijing boutique. billion in this period – an increase of 19.2
According to Miran Ali, managing director of Tarasima Apparel, one of Bangladesh’s major manufacturers, a major issue is the employer’s capacity to pay wages. The post How major brands like Kmart and H&M plan to boost garment worker wages appeared first on Inside Retail. Beyond wages.
From acquiring an engagement ring to buying a wedding dress, few life events are as rife with retail opportunities as planning and hosting a wedding. In 2019, that number was US$28,000, reports The Knot, a global technology company that provides content, tools, products and services for couples planning weddings.
This figure includes the loss of local retail businesses, such as apparel retailer Elyse Walker’s flagship location in the Pacific Palisades, which have burned down entirely, and the disruption of national businesses like Nuuly, which have paused operations in Los Angeles for the foreseeable future.
Skechers has teamed up with renowned apparel brand Diane von Furstenberg (DVF) on its Endless Kisses Capsule range, which will see the latter brand’s iconic lips design feature on Skechers fashion sneakers, footwear and recovery sandals. We plan to continue this growth and open more stores both locally and internationally,” he said.
Last week, multi-franchise mogul Kim Kardashian announced the latest addition to Skims, her shapewear and apparel line, with the launch of a new product range dubbed S k ims Men. The company has announced that it is planning to open a Los Angeles flagship in early 2024.
It is not by accident that Paul Smith has become one of the most recognised names in the apparel industry today. Our commitment to delivering high-quality tailoring, ready-to-wear, and accessories will always reflect the distinct Paul Smith ethos, presenting them in a way that captures the brand’s unique spirit.
per cent) and accessories (+8.4 per cent), while traditional mall mainstays like apparel (+2.9 Mall openings to slow In view of current trends and perception of risk, Aeon has had to downsize its revenue projections and also its mall opening plans. Leading categories were amusement (+12.7 per cent), dining (+8.9
Established as a denim brand in Italy in 1981, Replay sells a comprehensive range of apparel, accessories and footwear for men, women and children under the Replay, Replay & Sons and We Are Replay brands. PAS Group plans to open three to five Replay stores before deciding on a broader rollout. Fills a gap.
Once positioned at the pinnacle of the American apparel industry, the BCBG Max Azria Group faced a series of fiscal and operational difficulties, which led it to file for Chapter 11 bankruptcy protection on February 28, 2017. The new partnerships with G-III Apparel Group and JS Group seem to be an attempt to revive the fortunes of the brands.
Australia’s thriving First Nations economy was on full display at a pop-up market in Melbourne last night, featuring artwork, apparel and homewares from several Indigenous brands and businesses. Yarli Creative. They also recently launched a podcast called, ‘That’s the tea sis’.
Apparel brand Superdry seeks to delist from the London Stock Exchange to deliver significant annual cost savings as it works towards a more financially sustainable operating model. C-Retail, Superdry’s subsidiary that owns its leasehold portfolio, is also launching a restructuring plan for its UK property estate and retail cost base.
The apparel brand entered the retail scene in 2002 and quickly became known for its vintage-inspired denim with wide, white stitching and recognisable smiling Buddha and horseshoe logos that were endorsed by celebrity icons such as Paris Hilton, Jessica Simpson and 50 Cent. What does that mean exactly?
An untapped apparel market Consumer demand for gender-neutral clothing or unisex fashion styles has been growing in recent years. Also, many apparel brands that market themselves as being gender-inclusive simply sell baggy or oversized clothing that is not specifically designed to accommodate the needs of trans or nonbinary consumers.
Fast Retailing, the parent company of Japan apparel retailer Uniqlo , has announced the locations for 11 new stores in the US, on its way to a target of 20 openings in North America this year, which in turn is the first instalment on its plan to reach 200 stores in 2027. The 11 openings so far announced are all in malls.
Hong Kong-listed Viva China, a major shareholder of Li Ning, is closer to taking control of British shoemaker Clarks after the company’s extraordinary general meeting approved the acquisition plan.
The pet centre will also have a small amount of retail space, where Walmart plans to sell its own private-label pet care brands. 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.”
Outdoor apparel retailer VF Corporation’s net loss more than tripled in the fiscal first quarter amid lower revenue across the majority of its brands. “We advanced further on the Reinvent transformation plan. The group’s net loss surged 350.8 per cent year over year to US$258.9 million as net revenues declined 8.6
Apparel brand Superdry has confirmed it is in discussions with financial services company Hilco regarding additional funding to support its turnaround efforts. million) for the implementation of its ongoing turnaround plan and cost reduction program. According to Reuters , the brand reported a 13.7
This is particularly true for footwear and apparel retailers. Research cited by RetailDive indicates that consumer spending on goods like apparel, accessories, and footwear declined by 15.7% That’s why it’s essential to carefully plan your merchandising efforts, so your displays look as aesthetically pleasing as possible.
In the ever-evolving men’s fashion space, independent retail brand Up There has carved out a niche in Melbourne, Australia, as the only spot for exclusive streetwear, shoes and fashion accessories that can’t be found domestically.
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