Inside Retail

SEPTEMBER 12, 2023

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.

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Inside Retail

JANUARY 4, 2024

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?

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Inside Retail

JANUARY 29, 2024

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. ” Department store sales climbed 3.7 ” Department store sales climbed 3.7 billion, while clothing, footwear, and accessories rose 0.5

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Inside Retail

JULY 30, 2024

Department stores came in second as its sales grew 4.2 Clothing, footwear, and accessories sales jumped 2.2 The RBA decisions for the remainder of this year will have a critical impact on consumer spending and the viability of vulnerable retailers and in particular small businesses,” said Zahra. per cent to $ 1.89

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Inside Retail

JULY 3, 2024

Meanwhile, clothing, footwear and personal accessory retailing fell 0.2 Department store sales also declined 1.7 “While the sales boost is a positive indicator for consumer sentiment, it doesn’t change the desperate landscape retail business owners are currently facing.” Food retail sales grew 3.0 per cent.

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Inside Retail

APRIL 30, 2024

per cent while clothing, footwear and accessories fell 0.4 Department stores dipped 0.3 “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. per cent to $11.06

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Inside Retail

MAY 3, 2023

per cent year-on-year in March as consumers spent more than $35.3 billion in stores and online, according to data from the Australian Bureau of Statistics (ABS). per cent, department store sales at 4.7 per cent and clothing, footwear and accessories sales at 3.6 Retail spending rose 5.4 per cent year-on-year.

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Inside Retail

FEBRUARY 28, 2024

“The rebound in January follows a sharp fall in December when consumers pulled back on spending after taking advantage of Black Friday sales in November. Meanwhile, clothing, footwear, and accessories fell 1.7 billion and department stores slid 1.3 per cent on a year-on-year and month-on-month basis. per cent to $5.38

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Inside Retail

OCTOBER 14, 2024

Located at Chadstone Shopping Centre in Melbourne, the 250sqm flagship offers Gentle Monster’s full range of product and experience to Australian consumers. The store features giant head kinetic objects highlighting the brand’s compelling visual narratives.

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Inside Retail

SEPTEMBER 30, 2024

billion while department stores climbed 2.1 Clothing, footwear, and accessories rose 2 per cent to $3.04 “Today’s ABS data is also an indicator that consumers are willing to spend on discretionary items if they serve a purpose, and the holiday season has always been a reason to spend.” Food sales grew 3.8

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Inside Retail

OCTOBER 29, 2023

The data prompted both the Australian Retailers Association (ARA) and the National Retail Association (NRA) to urge the Reserve Bank of Australia to keep the current interest rates to encourage more consumer spending. billion, while department store sales went up 1.3 Clothing, footwear and personal accessory sales inched 1.1

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Inside Retail

AUGUST 7, 2024

The department store chain expects net profit after tax of between $50 million and $54 million for FY24, compared to $71.1 Other headwinds affecting profit growth include the challenging consumer and trading environment, store closures, and inflationary cost pressures. million in the prior year.

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Inside Retail

SEPTEMBER 17, 2024

Earlier this month, several members of the Nordstrom family, including the company’s CEO Erik Nordstrom and president Pete Nordstrom, offered to acquire the legacy department store chain for US$3.8 The department store division has various structural challenges, while the off-price Rack division is starting to produce some good growth.

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Inside Retail

MAY 27, 2024

He noted that, according to retailers, alcohol spending dropped as consumers brought forward their purchases into March opting for cheaper alcoholic drinks. Clothing, footwear, and accessories sales suffered the largest decline of 2.5 Clothing, footwear, and accessories sales suffered the largest decline of 2.5

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Inside Retail

SEPTEMBER 27, 2023

Clothing, footwear and accessories rebounded from a decline in July, up 1.4 per cent), while department stores dropped slightly by 0.6 National Retail Association deputy CEO Lindsay Carroll said a slowdown in consumer spending before retail season was expected. per cent increase. per cent in August. per cent growth.

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Inside Retail

JUNE 28, 2022

Department stores saw the strongest growth at 5.1 On the contrary, clothing, footwear, and personal accessory retailing recorded a decline of 1.4 Australian Retailers Association CEO, Paul Zahra advised that sales growth is unlikely to be sustainable and only reflects higher consumer prices as a result of inflationary pressures.

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Inside Retail

AUGUST 11, 2022

Department store giant David Jones unveiled the latest Spring/Summer collections this week in its Elizabeth Street flagship in Sydney. The runway featured local and international brands such as Aje, Camilla and Marc, Hugo Boss, P.E. Nation, Carla Zampatti, Matteau, Balmain, Balenciaga and Alexander McQueen.

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Inside Retail

JANUARY 21, 2024

Customer experience is almost as important to consumers as the product itself, and the experience of buying a luxury item directly from the designer is an area in which luxury brands are constantly investing. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. billion in 2024.

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Inside Retail

AUGUST 29, 2022

per cent in July year-on-year as consumers spent $34.7 billion in-store and online, according to the Australian Bureau of Statistics (ABS). Nevertheless, Zahra described July’s figures as “an incredible result considering the inflationary pressures consumers are under at the moment” . per cent and 1.2

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Inside Retail

JULY 10, 2024

Shepard was inspired to start the brand based on his own experiences searching for such products, and he knew other consumers were looking for the same thing. An untapped apparel market Consumer demand for gender-neutral clothing or unisex fashion styles has been growing in recent years.

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Inside Retail

NOVEMBER 27, 2023

Department store sales increased 0.4 Consumers can expect competitive bargains to ramp up in the 12 days before Christmas as retailers pull out every trick in the book to make up for a flat year of sales.” Australian Bureau of Statistics (ABS) data showed that retail turnover amounted to $35.77 Food sales rose 3.3

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Inside Retail

OCTOBER 24, 2024

Australian activewear brand Do You Even marked the start of its Big W retail partnership and its first range being stocked in the discount department store with a consumer launch event. The Do You Even range at Big W officially rolls out in over 150 stores nationwide on Monday, October 28. “We

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Inside Retail

JANUARY 8, 2024

billion, which Australian Retailers Association (ARA) CEO Paul Zahra said reflects how consumers prioritise essentials amid a cost-of-living crisis. Department stores inched 3.3 Clothing, footwear, and accessories, however, fell 0.1 The cafes, restaurants, and takeaway category climbed 4.3 per cent to $5.41

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Inside Retail

JUNE 25, 2024

However, the merger plan faces a likely regulatory hurdle after the Australian Competition and Consumer Commission has indicated a number of competition concerns. The Premier brands could also provide the department stores with expanded merchandise range options.

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Inside Retail

AUGUST 27, 2023

per cent year-on-year in July as consumers spent more than $35.3 billion in stores and online, according to data from the Australian Bureau of Statistics (ABS). per cent followed by clothing, footwear and accessories sales down 0.3 per cent and department stores sales slipping by 0.05 Retail spending grew 2.1

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Inside Retail

APRIL 18, 2023

Australian consumers forked out $8.1 per cent and clothes, footwear and personal accessories at 2.8 Department-store sales were strong with 7.4 million over the Easter trading period, according to Westpac DataX research, reported in conjunction with the Australian Retailers Association (ARA). Spending grew modestly at 4.5

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Inside Retail

DECEMBER 29, 2022

Department stores and the foodservice sector drove “unprecedented” Boxing Day sales growth across Australia according to data from the Australian Retailers Association and Westpac DataX. per cent on 2021, with department-store sales of $149 million up by 23.6 Spending on apparel and accessories surged 19.8

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Inside Retail

AUGUST 8, 2024

The US$99 perfume, which is “housed in a sleek green lacquered glass bottle, adorned with a vibrant red metal cap and a precious 24-carat gold-plated paw”, is available on the brand’s direct-to-consumer site and comes with an exclusive dog collar with a similarly designed gold paw as the tag. billion in 2022.

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Inside Retail

MAY 25, 2023

per cent year-on-year in April as consumers spent more than $35.2 billion in stores and online, according to data from the Australian Bureau of Statistics (ABS). per cent followed by department store sales at 6.5 per cent and clothing, footwear and accessories sales at 4.9 Retail spending rose 4.2 per cent.

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Inside Retail

JULY 27, 2023

per cent year-on-year in June as consumers spent more than $35.1 billion in stores and online, according to data from the Australian Bureau of Statistics (ABS). per cent followed by department stores, down 2.1 per cent, clothing, footwear and accessories down 1.5 Retail spending grew 2.3

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Inside Retail

JUNE 28, 2023

million in stores and online with significant spending observed in food, up 6.1 Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Shoppers spent $35.5 per cent and cafes, restaurants, and takeaway services at 12.7 per cent while household goods fell by 4.4 per cent.

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Inside Retail

JANUARY 10, 2023

per cent year on year in November as consumers spent $35.9 billion in stores and online, according to data from the Australian Bureau of Statistics (ABS). per cent increase in sales while department store sales grew by 7.6 per cent followed by clothing, footwear and personal accessories at 7.1 per cent, WA at 9.1

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Inside Retail

APRIL 21, 2022

Department store David Jones has launched a re-sale clothing initiative called Reloop in partnership with fashion rental company GlamCorner. Bridget Veals, David Jones GM of womenswear, footwear and accessories, said the company is committed to ethical, environmental and climate-conscious practices in the retail space.

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Inside Retail

FEBRUARY 12, 2023

“Last year saw much more awareness brought to new innovations in textile and apparel, particularly on the sustainability front, so this year we’re already seeing lots of development and effort around bringing these innovations to businesses and consumers,” Cintia Nunes, general manager and head of Asia at The Mills Fabrica, told Inside Retail.

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Inside Retail

JUNE 25, 2024

The brand entered the South Korean market with the opening of its first store at the high-end Shinsegae Department Store located in the bustling area of Gangnam. CDG by Comme des Garçons also opened its first standalone store in South Korea under a partnership with Samsung C&T Fashion earlier this year.

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Inside Retail

MARCH 27, 2023

Spending in food-related industries grew steadily in February however non-food industry sectors yielded a mixed result as consumers refrained from making “discretionary” spending. per cent, department stores at 7.7 per cent and clothing, footwear and accessories at 6.2 Cafes, restaurants and takeaway services were up 17.1

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Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. million and now account for 21.3

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