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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.
After a particularly hot day in the Dominican Republic, Hurtado experienced the lightbulb moment to launch her brand Hello Updo, a hair accessories brand specialising in products designed for voluminous hair with varied curl patterns. However, promotion can only go so far.
Australian retail sales slightly rose year over year in May as shoppers took advantage of early end-of-financial-year (EOFY) promotions and sales events. Meanwhile, clothing, footwear and personal accessory retailing fell 0.2 Australian Bureau of Statistics (ABS) data showed that retail sales totaled $35.94 billion during the month.
Strategic shifts G-Star appears intent on crafting a seamless and thoughtful reintroduction to Australian consumers. This cautious approach was deliberate, providing ample time to understand the subtle shifts in consumer behaviour post-pandemic. Good Products & Co is the distributor of G-Star Raw in Australia and New Zealand.
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?
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. We need to integrate our core presence with strategies to cut through on the digital shelf and this is where promotion plays a vital role.
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.
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.
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.
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.
In translating its latest collection into Bitmoji avatars, Valentino promotes individual expression and fosters an ever more global community through the brand’s most iconic motifs.” Their [Prada Group] goal is to have a presence where shoppers are, and for younger consumers, this might be Snapchat,” Mansfield said.
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
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.
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.
Clothing, footwear, and accessories sales were up 4 per cent followed by department store sales at 3.4 Due to “cooler than average weather” and early promotional activity, “modest growth” was observed in other retailing at 2.2 Shoppers spent $35.5 million in stores and online with significant spending observed in food, up 6.1
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.
This model helps ALDO, which specialises in shoes and accessories, better predict demand to ensure it has the right inventory in the right channels. In times of supply disruption, AI can adjust pricing and promotions based on product availability and demand trends. Another strategy with AI is dynamic pricing.
The shift towards thrifting (a more circular economy) seems like a win-win – good for consumers, brands, and the planet. But at the end of the day, whether you’re buying second-hand or brand-new, you’re still buying and consuming. As an occasional buyer and seller of second-hand fashion, I’ve been watching the trend with interest.
billion, which Australian Retailers Association (ARA) CEO Paul Zahra said reflects how consumers prioritise essentials amid a cost-of-living crisis. Clothing, footwear, and accessories, however, fell 0.1 The cafes, restaurants, and takeaway category climbed 4.3 per cent to $5.41 billion while the food category increased 2.8
The annual Retail Monitor survey from the Australian Consumer and Retail Studies (ACRS) unit of Monash Business School found that customers preferred online shopping due to product availability, promotions, product ranges and sales.
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.
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.
KMD Brands has boosted direct-to-consumer (DTC) sales amid a cautious retail environment. Meanwhile, Oboz saw strong year-over-year growth in online sales during Black Friday and Christmas promotions. For the period ending December last year, the group reported a 2.4
Reduce, Renew, Recycle Elk’s partnership with BlockTexx is not its only program promoting sustainability and circularity – at every touch point in its business, Elk has prioritised environmental responsibility. Elk’s Renew take-back program invites customers to bring back preloved Elk garments to be repaired, resold or repurposed.
per cent year-on-year in June as consumers spent more than $35.1 per cent, clothing, footwear and accessories down 1.5 There was extra discounting and promotional activity in May, leading up to mid-year sales events. Consumers are only opening their wallets for non-discretionary spending, if not for special occasions.”
Italy’s competition watchdog AGCM has launched an investigation into possible violations of the consumer code in the way the companies promoted and sold clothing and accessories.
Smthgood isn’t just another online shopping destination; it’s actually harnessing the power of gamification, engagement and loyalty to incentivise consumers to make more thoughtful purchases. Tan is making sure he does his bit in terms of promoting conscious fashion in the APAC region, too. “We
Its a time of heightened consumer spending, aggressive promotions, and operational intensity. Sales trends This time of year provides a unique lens into consumer behaviour. Was it a specific promotion, product, or referral? For example, if a customer bought a coffee machine, suggest premium coffee blends or accessories.
Trans-Tasman retailer Strand formerly known as Strandbags has been fined $780,000 (AU $709,246) in the Auckland District Court after being convicted of misleading consumers over discounts. Rawlings cautioned businesses that bargains offered should be genuine, unambiguous and not promoted in a way that “entices” consumers.
As consumers manage cost of living pressures, it’s led to a pullback in spending across the retail landscape, particularly in non-discretionary categories. CommBank’s latest Consumer Insights Report shows that around one in four Australians have not enough, or just enough, to meet household expenses.
“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.
Mosaic Brands has paid $266,400 in penalties following two infringement notices issued by the Australian Competition and Consumer Commission (ACCC) for misleading representations. No consumer orders have been registered for either of these products on Mosaic Brands’ websites. The ACCC does not endorse or approve any products.
As quarantine requirements and travel bans continue to impact brands’ ability to get in front of customers and retail buyers across borders, the New Zealand government is stepping up to help promote its local designers overseas with a new pop-up at Chadstone Shopping Centre in Melbourne. The impact of travel bans on buying.
At least two significant forces are reshaping how and where consumers shop and their expectations of brands. Encouragingly, consumers are ready to increase participation in the circular economy. Consumers want businesses to make it more convenient to take part.” . In stark contrast, Finland is targeting 100 per cent by 2025 2.
Customisation counter : Where consumers can put their own spin on apparel, accessories and footwear; Fitness studio : Where customers can trial Rebel’s health and fitness equipment, from connected bikes to treadmills. The Home of Basketball at the Rebel RCX store in Parramatta in western Sydney.
Sustainability has become a top priority for investors and consumers concerned about the looming climate crisis – and the fashion industry, one of the leading creators of global emissions, is increasingly focused on portraying its green cred. Ban and consequences. Green or greed?
Mosaic Brands is facing legal action for allegedly breaching the Australian Consumer Law by failing to deliver “several hundred thousand products” to its customers within advertised timeframes. This is in contrast to the company’s committed delivery timeframe promoted online of two to 17 business days from the purchase date.
This article delves into the psychological effects of the Olympics, explores how they influence consumer behaviour and provides insights into what retailers can do to capture and extend the positive sentiments the 2024 Olympic Games in Paris will generate. Let’s break some of them down and look at a few examples more closely.
Diversity, equity and inclusion (DEI) strategy: Our commitment to DEI has led to the development of targeted strategies that promote a diverse workforce. When we opened our offices in Asia, I took charge of setting up this team, which was crucial in driving talent across a region known for its diverse consumer base.
They have realigned their strategies to target older consumers with higher incomes who are typically less affected by economic downturns and spending more than pre-pandemic levels. Leather totes were a go-to silhouette at FW24 shows and should be prominent in future accessories buys. billion in revenue for Q2 2023 and 2.5
Today, Levi’s channels a lot of resources into differentiating its core product offering to show up in new and exciting ways for its loyal consumers. Honouring loyal fans Levi’s doesn’t just have consumers, it has fans according to Huisamen. The collaboration played right into the ‘normcore’ aesthetic that promotes real clothes.
H&M even got a shellacking from activists for promoting its in-store recycling machines in a Nintendo game. Do consumers really care? H&M, how dare you. Most recently, Lululemon has been the target of lawsuits in the US and France over its ‘Be Planet’ campaign , which activists claimed was a sham.
The firm cited lower consumer sentiment, which was impacted by the macroeconomic environment, as well as inflated input costs and aggressive competition. For the 26 weeks ended December 31, group sales edged up to $362.8 million from $348.5 million in the first half of FY23. By segment, sales in Australia were up 10.2
A multi-channel promotional campaign and consumer website will launch in August. She added the new trademark will be a ‘driving force’ in building the industry’s growth trajectory to deliver substantial economic, social and environmental gains during the next 10 years. Brands can apply to use the trademark online.
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