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Following the opening of a bold and distinctly industrial space inside the world-renowned Hyundai COEX, the brand unveils yet another site in the Korean capital, this time located in the famed Lotte DepartmentStore, Jamsil.
The huge increase in online shopping over the past decade or so has had a major impact on departmentstores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.
The store joins RM Williams’ existing locations in London’s New Bond Street and Berwick Street, Soho. Another UK store will open in Cambridge in December. The store will feature RM Williams’ new retail design concept, which it introduced at its Sydney flagship last year.
Sydney Airport and Heinemann will jointly introduce Australia’s first domestic terminal “departmentstore” concept next July at T2 and T3. Spanning 1765sqm in T2 and 506sqm in T3, the new retail space’s offerings range from apparel, accessories, watches, jewellery, perfumes, and wines to spirits.
Mosaic Brands is seeing positive results from the implementation of a digital departmentstore strategy across several of its core apparel brands, including Noni B, Rivers, Millers and Katies. Mosaic’s departmentstore move isn’t exactly unique in the fashion industry. Leveraging loyalty. million names in June 2020.
However, both were short lived and less complex and less expansive than the Sigma customer base. The acquisition of Just Jeans, Portmans, Jacqui E, Dotti and Jay Jays by Myer provides a new growth channel after several years of reducing departmentstore floor space and trying to find a fashion edge.
The group – which owns and operates brands including Dotti, Peter Alexander, Just Jeans, Smiggle, Portmans and Jacqui E, and features over 1,100 stores across six countries – saw net profit after tax rise by 6.5 Smiggle was a particularly strong performer, with sales for the stationary and accessory brand up by 30 per cent growth.
Australian fashion brand Aje has committed to further international expansion, potentially including a dedicated bricks-and-mortar presence in the United States, after spending the last year and half focusing heavily on its international retail partners. The US isn’t the only overseas market the business is focusing on.
Australian online marketplace The Iconic added a new string to its bow last week with the addition of the Home category, extending its 80,000-strong product range with contemporary homewares; from bedding, kitchen and bath accessories to tech, aromatherapy and artwork. Tapping into Millennial market.
With over 200 stores and a slew of international brands, including Celine, Ganni, Levi’s and Reebok, United Arrows is one of the country’s largest select shops, which is a kind of mini departmentstore. Brothers Omar and Zane Sabré (l to r) started the accessories label in 2017. Image: Supplied.
The French Government’s international trade agency, Business France, has launched an online showroom to connect French fashion and accessories brands with industry professionals in the APAC region. The pandemic has impacted some bricks-and-mortar stores all over the world, particularly in larger settings that rely on international travellers.
However, last month Designworks, the wholesale arm of Brand Collective, a leading house of lifestyle brands in Australia, announced that it was relaunching Pavement in the marketplace through the discount departmentstore Big W. Are there plans for expansion beyond this partnership?
Japan’s Ministry of Economy, Trade and Industry said there were 210 departmentstores in Japan at the end of 2019 but attrition in the ensuing three years reduced that number to just 192 by the end of 2022. Both the Takashimaya and Tokyu stores were luxury-focused, and had been a fixture of their neighbourhoods for decades.
One example of this is the recent expansion of Vero Moda. She believes that Bestseller’s partnerships with Myer and David Jones had been particularly significant in Australia, due to the departmentstores’ size and strong reputation. This reflects the growing demand for good quality fashion at competitive prices.”
There is also a view that the breakup strategy could fund further acquisitions, including the Myer departmentstore chain in which he has already built a substantial shareholding. Peter Alexander’s sales have more than doubled from five years ago and the brand is now targeting larger formats and offshore expansion.
Australian luxury fashion label Ginger & Smart is spreading its wings to the US next month, when it enters high-end departmentstore Saks Fifth Avenue off the back of its show at Afterpay Australian Fashion Week (AAFW) in June. Saks is just the beginning of overseas expansion for Ginger & Smart. Beyond surf and swim.
Scaling the Supreme sunglasses collection is the obvious low-hanging fruit and could open up huge distribution opportunities in all the world’s departmentstores. Opportunity in Asia In the past year, Supreme has ramped up its expansion in Asia. This should be the blueprint for Supreme,” he said.
The journey of retail formats, as we know them, began with specialty stores, where retailers differentiated themselves through elevated service, expansive inventory, and deep local knowledge. Looking at retail disturbances in an oversimplified way, the first major disruption in retail was the emergence of departmentstores.
The company’s latest business update for the Stock Exchange of Thailand states that The Chalong mall has 17,000sqm of net leasable area, and is anchored by an 8,000sqm Robinson departmentstore. On the ground floor is the large, single-level Robinson departmentstore that caterpillars up one side of the mall.
Signed on a 12-year lease and spanning 10,000 sq ft, the new Bershka store will sit on Level 2, beside the new ZARA, in a prime position. It will offer the latest womenswear and menswear collections, along with accessories, through a world-class and vibrant in-store experience. million sq ft.
What are the factors behind the Fifth Avenue Club’s rapid expansion? We look forward to continued expansion of the highly personalised service and the expertly curated luxury assortment that Saks is known for to even more clients across the US.” Another strong competitor in this field is the German-based e-commerce retailer Mytheresa.
It operates more than 80 stores globally and 240 concessions within some of the world’s most prestigious departmentstores, including Harrods and Selfridges. The brand announced in June it had signed a $181 million funding agreement to fuel its international expansion and refinance existing borrowings.
Australian fashion house Shona Joy is continuing its international expansion with the first physical retail location in the upmarket Bloomingdales departmentstore in Dubai. Housed inside Dubai Mall, the store offers items from the brand’s ready-to-wear collections as well as its event wear label La Lune.
International expansion Viktoria & Woods has carved out its market share internationally and now graces the racks of prestigious British retailers Selfridges and Harrods, in addition to a few niche boutiques across the US. “I I thought we were well-known when I opened the [pop-up] store.
Eye on the prize With a solid presence outside of Asia and a network of five physical stores in Hong Kong, Azoulay felt it was a logical step to continue the brand’s expansion into Mainland China. The biggest challenge has been finding local partners to help the brand achieve its goals of global expansion, he said.
When retailers are at their most cautious with regards to expansion, they usually focus on snaring prime locations at a discount. As elsewhere, much of the recent new leasing in Hong Kong has been in food and beverage, with relatively little activity in the traditional mall mainstays of clothing and accessories.
Marquee Retail Group, the parent company of Colette by Colette Hayman (CBCH) and The Daily Edited (TDE), is aiming to expand its market share through acquisitions and expansions. Colette by Colette Hayman Marquee Retail Group acquired CBCH, a fashion accessories and jewellery brand, out of administration in September 2020.
When you go into a store and there’s one person working, or you go to [departmentstores], and you can shoot a cannon and [not find] staff. That was a big thing for us [in terms of] staff training, and it’s something we’ve focused on and built in Australia,” he said. I’ve always believed in creating that vibe and atmosphere.
When you go into a store and there’s one person working, or you go to [departmentstores], and you can shoot a cannon and [not find] staff. That was a big thing for us [in terms of] staff training, and it’s something we’ve focused on and built in Australia,” he said. I’ve always believed in creating that vibe and atmosphere.
US-based apparel chain Old Navy is reportedly exploring a possible expansion to India. In November last year, Aditya Birla Fashion and Retail entered into a strategic partnership with French departmentstore chain Galeries Lafayette to open luxury departmentstores and a dedicated e-commerce platform in India.
Founded in 1985, Taking Shape is the market leader in the plus-size fashion space in Australia and New Zealand, with around 150 bricks-and-mortar stores across the two markets, including about 60 concessions in Myer departmentstores. But increasingly, it’s looking beyond Australia and New Zealand for future growth.
In March, Aeon Phnom Penh, the older of the two and informally known as ‘Aeon 1’, hosted the opening of H&M’s first Cambodian store, an 1800 square metre shop spread over two levels offering women’s, men’s and kids’ clothing and accessories. Vietnam is the big prize.
In a press release, Kardashian stated, “The expansion into the menswear space is a major milestone for the brand and a testament to Skims’ commitment to providing solutions for everybody. In addition to the expansion of the menswear market, there is also a growing demand for innovation within the men’s underwear industry.
Notably, echoing the experience of the large departmentstore companies, Aeon has also benefited from a sharp increase in duty-free sales at malls near airports and tourist attractions as inbound international tourist numbers grow. Aeon wants to focus its China expansion on inland areas in Hubei Province and Hunan Province.
Shepard cited the example of Selfridges, a luxury departmentstore chain in the UK, and its approach to a genderless shopping experience dubbed “The Concept Space”. I think part of being a founder is deciding what fires you’re going to let burn and what things you are going to focus on.
In an exclusive interview with Inside Retail , global CEO Pierre Arnaud Grenade discussed the brand’s expansion plans. per cent in wholesale (660 wholesale customers, which included master franchises, departmentstores, onliners and multi-brands),” he noted. per cent turnover internationally, 23.3 per cent in digital, 68.9
Japanese retailer Muji unveiled its largest flagship store in Southeast Asia, with the recent reopening of Muji Plaza Singapura in the heart of Singapore, following a transformative makeover. Even ‘Cafe&Meal Muji’ has joined in on the expansion, now comfortably accommodating up to 94 diners with a festive menu available until December 27.
Located in the iconic T&G Building on Collins Street, Loewe’s first Melbourne store reflects the luxury fashion brand’s investment in art and design. The store’s interior features a mix of elements, combining handmade ceramics, brass and turned iron with expansive glass windows and concrete floors.
They think, ‘Oh, I’ll just go to a departmentstore.’ IR: I know a few years ago, you guys were discussing overseas expansion. We had a beautiful store right in Midtown, but our lease came to an end at the peak of New York lockdown, so it didn’t make sense to renew it. It’s only just beginning.
Her company uses decommissioned firehoses from London Fire Brigade as well as an increasing variety of other waste streams such as silken auction banners and tea sacks to fashion and package a large range of hand bags, luggage cases, purses, belts and other accessories. Diverted from landfill to your wardrobe. The customer will define it.
In the UK, the business is already sold through a number of departmentstores and third-party retailers, but Seafolly’s new website will allow customers to buy directly from the brand. With strong performance across Singapore, Seafolly is assessing further expansion opportunities within APAC.
FLANNELS Dublin is set to be the next flagship in the brand’s roll-out of trailblazing flagship stores. Opening in the landmark former Clerys Departmentstore on O’Connell Street, it will be the first to open outside of the UK – demonstrating a key expansion for the next-generation luxury retailer.
Kids fashion and occasion-wear brand Bardot Junior has launched its standalone website in the US, as part of its international expansion and growth. He added that Bardot Junior will enter departmentstores overseas – including Hudson Bay in Canada, and Neiman Marcus, Saks Fifth Avenue and Dillard’s – who have picked up the brand in the US. “We’re
Australian fashion label SIR is about to celebrate a decade in business and as its tenth birthday approaches its co-founders and creative directors, Nikki Campbell and Sophie Coote, are reflecting on the brand’s DNA as it moves into an era of expansion. “As
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