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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.
Based in the US, Movado Group designs, sources, and globally distributes Movado, MVMT, Olivia Burton, Ebel, Concord, Calvin Klein, Coach, Tommy Hilfiger, Hugo Boss and Lacoste watches and to a lesser extent jewellery and other accessories, and operates Movado company stores in the US and Canada.
Puma on Wednesday announced job cuts and warned of uncertain US consumer demand as the German sportswear group’s shares slumped 23 per cent in the wake of disappointing quarterly and annual forecasts issued a day earlier. The post Puma plans job cuts as US demand weakens, outlook dims appeared first on Inside Retail Australia.
2025 marks a year of accelerated growth, with a strong focus on premiumisation, direct-to-consumer expansion, and a broader lifestyle offering beyond denim. 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.
Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. We will continue to [bring] Australians tech accessory designs that best represent them.”
The autumn and winter ranges available to Perth consumers will include, but not be limited to Shein’s Curve, Icon, Clasi, Vcay and Prive collections. The post Shein plans its first Perth pop up later this month appeared first on Inside Retail Australia.
The 52-year-old omnichannel brand sells a range of merchandise primarily in the home and baby markets such as decorative homeware and lifestyle goods, accessories and textiles. If there is a single point of failure of Bed Bath and Beyond, it’s that the company stopped being relevant to consumers.
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. Retail Detail reports that H&M has long been planning to merge Monki with Weekday, as both brands appeal to young people but apparently can no longer make it on their own.
In April 2024, it announced it planned to invest $490 million in opening two new fulfilment centres in Horsley Park, Western Sydney, with one to open later in 2025 and the other by 2026. Fulfilment expansion Amazon Australia is heavily investing in expanding its fulfilment capabilities in the local market.
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. 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.
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. Yet, their adaptability, continued consumer focus, and strategic acquisitions have positioned them as a resilient force in Australian fashion retail today.
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?
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.
Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific?
What we’ve seen since this handover is a period of exponential growth across our direct-to-consumer (DTC) channels, as well as with our wholesale distribution. It’s an opportunity to echo our brand voice, really connect with Reebok consumers, and highlight the best of our product range across all our categories.
Starting with a single sneaker launch in 2014, the brand has expanded into other retail categories, including outerwear, streetwear and accessories to become a lifestyle brand for all ages — from children barely old enough to pronounce the name of the business to veteran fashion consumers. AJ: It’s been incredible.
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.
“It’s a stronger consumer demand and sentiment in the US than we see in Europe, and one would probably think that that’s going to continue into this year,” Pandora CEO Alexander Lacik told Reuters. . Earlier, the company revealed plans to open another 50 stores in the US by the end of this year. per cent to $2.9
The plans were revealed along with the group’s annual result which saw a $33.5 The new ones in planning will be located largely in regional areas. While bullish about the prospects offered by the new strategy, Evans expressed caution over the year ahead given “volatile” consumer sentiment and confidence.
This can be seen in the “pullback” in traffic to online shopping sites like Surfstitch, which is part of Alquemie Group, ACTA Capital’s investment platform for retail and consumer brands. The post Beyond the beach: Richard Facioni outlines plans for Surfstitch appeared first on Inside Retail.
Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.
Australian consumers are set to spend $8.8 The Australian Retail Association (ARA) forecasts 52 per cent of consumers shopping mid-season sales will be doing so online. ARA CEO Paul Zahra is encouraging consumers to head into the CBD for their mid-year sales shopping and support businesses impacted by low levels of foot traffic.
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.
SS: Covid has undoubtedly impacted the way consumers are shopping, and it’s impossible to ignore the consistent growth in the digital space as a result. In the past year, one of our proudest initiatives has been formalising our commitment to Reconciliation through our first Reconciliation Action Plan.
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. Bookoff is also planning to increase its footprint in the US.
Eschewing trends, the company has grown by expanding into complementary categories, such as homewares and kids’ clothing, and diversifying its business model across wholesale, direct-to-consumer and licensing. Because of this, Walker believes the company has failed to adapt its offering to the next generation of consumers.
The brand has no plans to stop there. But what is behind the US consumers love for this Brazilian brand? The brand opened its first US store in 2019 with a flagship at 113 Prince Street in Manhattans SoHo district, right before retailers and consumers lives changed drastically.
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. million last year.
Richard Facioni, executive chairman of Surfstitch parent Alquemie Group, described the partnership as part of a broader plan to grow SurfStitch’s consumer value proposition via the marketplace. Sacha Laing, CEO, General Pants Co, expects SurfStitch to play a key role in the accelerated growth strategy of the business.
Berkshire Hathaway’s toy company Jazwares has acquired toy distributor Big Balloon, as part of its global expansion plans. Jazwares Australia will have a major impact on the toy industry in the long-term, with the team’s laser focus on Jazwares’ brands and business, adding value to all retail partners and consumers,” Zebersky added.
So, what is driving the renewed consumer interest in True Religion today? The first major turnaround tactic was taking a step back to realise who True Religion’s ideal consumer base is today. Michael Buckley, True Religion’s president from 2006 to 2010 and its CEO as of 2019, has previously stated, “This consumer wants a deal.
Each day, I find myself more enamoured with the essence of Paul Smith and our challenge now is to effectively communicate the beauty and authenticity of this brand to North American consumers. If I could get every consumer target in North America to meet him personally I would. He is really an inspiration and a wonderful human.
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. Moshi Moshis 2025 expansion plan includes 40 new stores that would bring its store fleet up to about 200 by the end of 2025.
The brand’s first stock-keeping unit was several styles of aesthetically designed face masks, the accessory of the year for 2020 to 2022. Urman observed that consumers today are looking for ways to be as healthy as possible that don’t feel cumbersome or hard to integrate into their busy lives.
Titled Wonderworld, the runway featured a diverse range of models showcasing next season’s collections from local and international brands, with five showings executed between Wednesday and Friday for industry insiders and consumers. The runway featured local and international brands such as Aje, Camilla and Marc, Hugo Boss, P.E.
Wholesale revenue dwindled by 8 per cent to $681 million, while direct-to-consumer was down by 12 per cent to $480 million. 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. .
Right now, we’re dealing with financial strain, ongoing changes in consumer habits, and increased online competition.” “Australia’s rag trade continues to navigate challenging waters, but that’s retail,” Nick Gray, the founder of I Got You Consultancy, told Inside Retail.
In the same report, Lacik stated, “We are transforming the perception of Pandora into a full jewelry brand and unlocking the next chapter of our growth by attracting more consumers to our brand. Step by step we are capturing the many untapped opportunities, and we will continue to invest in our strategic growth initiatives.”
Nielsen Consumer Insights reported a 37 per cent increase in supermarket coffee sales – with more premium options seeing sales growth of over 40 per cent. The change, Knox explained, has worked well in concert with the way customers have been consuming their coffee. Customers stopped buying from baristas and started brewing their own.
Frasers Group plc has unveiled plans to open a 50,000sq. The ‘flagship’ strategy is an all-new proposition for Sports Direct, bringing the best of sports to the consumer with an unrivalled product choice and world-class experiences through Sports Direct’s new design and brand vision. Company, Hugo Boss and Lacoste.
Chief executive office and co-founder of Telegram – the parent company to stationary, office and lifestyle accessory brand Milligram – Scott Druce told Inside Retail that the back to school period is like a second Christmas, and requires just as much planning.
IR: What are the plans for Desigual in terms of new market entries or product developments in Asia Pacific? IR: Could you touch on the brand’s business and social media strategy to cater to local consumers and attract new retail partners? How does Desigual plan to engage with the community and build a loyal customer base?
per cent) and accessories (+8.4 And better yet, unlike in China, consumers in Vietnam still have an appetite for buying up merchandise rather than just coming to the mall to have a good feed. Also striking is that the increase in sales is weighted heavily toward dining and entertainment. Leading categories were amusement (+12.7
The marketplace has partnered with local nonprofit 211 LA to offer temporary free housing to displaced residents, providing a lifeline for those forced to evacuate due to rapidly spreading fires consuming homes and neighbourhoods.
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