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It’s no secret that consumers are still spending big on their pets even in a cost of living crisis – and the launch of luxury pet accessories brand Mon Petit Amour Manolo, which sells collars starting at $550, is proof of this. billion in 2023.
billion, while clothing, footwear and accessories increased 1.7 Cafes, restaurants, and takeaways grew 2.3 per cent to $5.48 per cent to $3.02 billion, and department stores climbed 0.4 per cent to $1.91 ” The post Strong boost in Australian retail sales in October, says ABS data appeared first on Inside Retail Australia.
It all adds up to a nasty bite to the pocketbook of consumers everywhere who are looking to shower one of the worlds favourite romantic gifts on their loved ones. Consumer confidence is weak and getting worse. In Japan, as usual, the retailers think of ingenious ways of getting around it. Sales for drugstores increased by 6.9
Not selling enough dog accessories? Offsite reviews are viewed as independent and unbiased, making them an essential tool for e-commerce businesses to build consumer trust. Offering popular payment options like PayPal, Afterpay, and credit cards can provide a competitive edge in winning consumer trust. Talk to dog owners.
Consumers are looking to build a personalised multi-brand jewellery collection that represents their personality, style and in some cases, values. Brands and retailers alike are noticing a wave of new consumers looking to find and express their taste through both fine and costume jewellery.
Consumers empowered by social media are now dictating to brands which trends they need to meet. Pinterest recently forecasted the biggest consumer-led trends for 2024 with its Pinterest Predicts report using its search engine database which has over 400 million monthly users.
We go direct to consumer because we would rather give our customers a really high-quality product, and if that means that there’s less margin in there, we don’t mind. Six years later, the brand has expanded to provide a full closet, with statement pieces, suiting, eventwear and accessories.
Today’s consumers are craving a truly unique shopping experience. We are only at the beginning, and as brands begin to scale their AI utilisation, its full spectrum of benefits for consumers and retailers alike will be uncovered. The post Generative AI is supercharging retail, what does this mean for consumers?
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. However, Vera Bradley’s growth officer and CMO Alison Hiatt said the brand isn’t out for the count yet. How did Vera Bradley fall off?
Funded by the Queensland Government and Kmart Group, the research, Consumer Clothing Use and Disposal Behaviours Study, conducted 10 in-depth interviews with stakeholders across the clothing value chain, followed by a survey of 3080 participants from diverse demographics.
The post Affordable fashion sales surge online, despite consumer spending slowdown appeared first on Inside Retail Australia. “Retailers should note that while overall spending may be down, there are still plenty of opportunities to connect with their customers online – particularly during sales periods,” Starr added.
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. But brands operating outside of these categories should not be complacent.
Overall, a strong licensing business combined with a disciplined approach to cost management offset softness in some of our direct-to-consumer businesses and drove earnings from operations for the Company that were flat to last year’s performance,” Alberini added. per cent in US dollars. “We
Recent research has revealed that luxury Australia retailers aren’t doing enough to capture the attention of, and drive consumer spending by, migrants of Asian background and heritage. In order to do so effectively, she stressed the importance of understanding the various factors and intricacies that inform their consumer behaviour.
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. Coco Republic made their debut at the Revolve Festival 2024 in Palm Springs, California, as the official furniture partner displaying its outdoor range.
per cent in the June financial year driven by soft consumer demand in all markets. The post Soft consumer demand dents City Chic’s sales, fuelling loss appeared first on Inside Retail. Global plus-size fashion retailer City Chic says sales declined 15.8 For the 12 months to July 2, group sales were $268.4
The 15-day festival has held the title of Australias largest consumer-facing fashion week for some time, but its still kicking new goals, announcing that in 2024 it delivered over 10 per cent growth in attendance. And the team uniform, if you like, is anything that looks fabulous and anything that you feel good in, she added.
Australian consumers are becoming more conscious of the social, environmental, and economic implications of their purchasing choices. A recent report by Baptist World Aid, based on responses from over 2000 Australians surveyed by research firm McCrindle in September, revealed an increased awareness of the impact of consumer choices.
Once regarded as a have to for those on tight budgets, purchasing pre-loved items has now evolved into a mainstream retail trend, fuelled by a combination of psychological drivers and shifting consumer values. As a result, consumers are turning and looking to second-hand shopping as a more sustainable alternative to fast fashion.
Consumer interest in retail third spaces American apparel and accessories brand Coach recently opened a Coach Coffee Shop within the Jersey Shore Premium Outlets. It comes as retailers and consumers adapt to a post-pandemic world and younger generations display interest in non-digital spaces and growing financial independence.
per cent while clothing, footwear and accessories fell 0.4 “The Taylor Swift-inspired boost in turnover for fashion and accessory retailers last month has proved to be temporary with an instant reversal this month,” said Ben Dorber, ABS head of retail statistics. Food sales went up 2.1 However, household goods slid 3.1
Today, the Salomon customer includes Pilates princesses whose ‘fit checks’ on social media have contributed to the virality of the shoe styles, whilst the brand still caters to its core original consumer of adventure seekers. Providing consumers with more paths to purchase the brand has helped drive Salomon’s viral success in recent years.
“Premier’s Apparel Brands were successful by maintaining a pretty clear brand positioning, managing a streamlined portfolio well and keeping that aligned with consumer preferences – I think they embraced a strong omnichannel strategy overall,” shared Gray. “I Hats off to Myer.”
Earlier this year, the company quietly removed Monki’s larger sizes “due to low demand” and to cut costs, a move not well received by consumers. “The logic is what it is, but the decision is difficult to swallow for consumers,” said the news outlet. Weekday has 47 stores in 14 markets and 29 regional online stores.
E-commerce remains a critical driver, and we are investing in a seamless omnichannel experience to meet the expectations of Asias tech-savvy and design-conscious consumers. The company is refining its consumer touchpoints to ensure a frictionless journey across online and offline platforms.
Both brands are sold in ANZ through direct-to-consumer, online and owned stores, and via wholesale channels. In addition, Accent distributes Dickies under the Glue brand and to the majority of Dickies consumers through its 2000 wholesale clients. The initial deal has an eight-year term.
The product categories are similar: plush toys, health and beauty products, stationery, developmental toys, personal accessories, bags, action figures, snacks, beverages, digital accessories, home decor and more. some looks strikingly like an amped up version of the popular Thai mall retailer Moshi Moshi.
Now in its 29th year, the festival is run by a not-for-profit organisation with a consumer model and is open for everyone to attend. The festival organisers say the event will provide Australian designers a free opportunity to increase visibility and sell directly to consumers in a see now, buy now format.
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.
Until recently, there didnt seem to be a limit to the price that consumers would pay for a luxury status symbol, such as a leather handbag. per cent), the US will remain a key market for luxury brands, attracting affluent consumers and driving sales across various product categories, Zheng said.
As Nikes president of consumer, product and brand, Heidi O’Neill, stated, “We’re energised by the opportunity to build a new brand and shake things up for the next generation of athletes* with NikeSkims. Hill was Nikes former president of consumer and marketplace, who retired four years ago after 32 years with the company.
The Sussan Group, the retail collective behind women’s fashion brands Sportsgirl, Sussan and Suzanne Grae, is incorporating “responsible fibres” into its supply chain and investing in futuristic pilot projects, such as making a compostable T-shirt, as it looks to increase consumer awareness of its sustainability initiatives.
Caledonia Park achieved record-breaking performance in 2024, with total sales surpassing 2023 levels and footfall up 8%, underlining the impact of its targeted leasing strategy tailored to evolving consumer demands.
Threadicated primarily offers consumers tailor-made apparel and accessories that are precisely suited to their individual style and body form. The post Australian AI tech promises a re-imagining of the on-demand shopping experience appeared first on Inside Retail Australia.
Clothing, footwear, and accessories sales jumped 2.2 “Retailers told us that consumers continued to target sales events and look for the best deals before buying big-ticket items like furniture, bedding, TVs and laptops,” said Ben Dorber, ABS head of retail statistics. . per cent to $ 1.89 per cent to $14.43
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. million impressions.
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. The ‘see it now, buy it now’ mentality has also changed the landscape.
They have all successfully tapped into the power of pop culture to keep hold of the increasingly fleeting attention of the millennial and Gen Z consumer. However, just because a collaboration is unique, or even a little weird, depending on the consumers perspective, doesnt ensure that it will be popular or profitable.
Australian retail sales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. billion, while clothing, footwear, and accessories rose 0.5 Australian Bureau of Statistics (ABS) data showed that shoppers spent $35.1 billion in December, up 0.8
I’m always mindful of accessories and footwear used in styling for shows, which are often competing for my attention on the runway,” she added. Ebay reported that there is growing consumer recognition for a fashion landscape that supports pre-loved clothing and accessories.
Sales of clothing, footwear and personal accessories also recorded a 7 per cent year-on-year increase, while sales by restaurants, cafes and takeaway services rose by 6.2 Retail sales surged by 6.4 per cent in January, according to data released by the Australian Bureau of Statistics today. per cent, and of household goods by 5.9 per cent.
Universal Store Holdings enjoyed significantly higher direct-to-consumer sales in the first 17 weeks of the fiscal year, with Perfect Stranger leading the growth. The group’s D2C sales surged 19.3 per cent year on year, with Perfect Stranger soaring 111.1 Universal Store sales increased 15.5 per cent while Cheap Thrills Cycle jumped 7.4
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.
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
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