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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.
Japan’s storied departmentstores are riding a wave of overseas tourists, and although there is no sign yet of a wipeout, the cautious pronouncements of company executives indicate that it’s a wave they can’t ride on indefinitely. On the surface of it, departmentstores still have their mojo: sales in October rose by 5.3
Departmentstores globally are adjusting their product offer to reflect rapid changes in the menswear category as the impact of the Covid-19 pandemic on the category wears off. But last year menswear rebounded to its pre-pandemic levels, reaching on average 14 per cent of total department-store sales.
The data, care of the ABS, demonstrates the prolonged impact lockdowns around the country are having on the retail industry: clothing, footwear and personal accessories sales fell 17.4 per cent, departmentstores 15.9 per cent, household goods 5.9 per cent and cafes, restaurants and takeaway food 0.8 Food retailing rose 2.7
The brand has grown to have a presence in 80 countries through a distribution network encompassing 1200 points of sale across stand-alone stores, franchises, departmentstores, multi-brand leather goods stores, travel retail and e-commerce websites.
Originally scheduled for an October 2020 opening, the seventh location for this family-run departmentstore was caught in the middle of the global predicament – to build or not to build, to cancel or push on? The wrong clothes and accessories at the wrong time of year could be the nail in the coffin to an already bad year.
Japan’s departmentstores bear a striking resemblance to cruise ships: they’re big, luxurious, move glacially and serve an ageing customer. Japan’s Ministry of Economy, Trade and Industry (METI) reports that departmentstores led the retail sales recovery through the first five months of the year. per cent gain.
The brand entered the South Korean market with the opening of its first store at the high-end Shinsegae DepartmentStore 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.
Myer currently operates 56 departmentstores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. per cent increase is a case of under-promising and over-delivering, the departmentstore CEO is taking the win as a sign of more growth to come. “We
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.
The brand entered the South Korean market with the opening of its first store at the high-end Shinsegae DepartmentStore 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.
But while the strategic acquisition makes a lot of sense on paper – expanding Tapestry’s portfolio in the over $200 billion global luxury apparel, handbags, accessories and footwear market, and delivering an anticipated $200 million in run-rate cost synergies – industry experts question remain cautious. “As per cent. “To
Malone’s love for storytelling extends beyond the creation of Jo Love’s product line and into the consumer’s purchase experience. Fragrance is like a beautiful luxury accessory. Scent and in turn perfume are extremely personal purchases which is why people buy fragrances with personal style, identity and memory in mind.
Retailers need to work between a delicate line of striking the right balance between personalisation and respecting individual privacy. This also comes down to ensuring AI is being used responsibly and ethically. Navigating these challenges will take a holistic approach and competitive vision.
recalled an incident where they wanted to try on some shapewear at a departmentstore, but they were told by the sales assistant they couldn’t enter the fitting rooms. “It And that one incident means that I’m never gonna go into that store again.”. It was this 10 minute ordeal of me feeling like s**t, to be quite frank.
The 4,000 sq ft store will launch at the outlet on March 14 th , introducing its popular ‘second-hand departmentstore’ concept to a key entrance off High Orchard Street. Charity Super.Mkt will bring together a curated collection of pre-loved fashion and accessories, including vintage denim, sports- and streetwear.
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. Inside Retail: Tell me about Pavement’s relaunch in collaboration with Big W.
Here, Brennan details how she turned that opportunity into a retail career, working as the senior buyer for women’s designer fashion at UK departmentstore Harvey Nichols, women’s merchandising manager at The Just Group and head of buying at Glue Store. This is what I love most about my job.
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.
Here are a few of the latest stores to check out from around the globe. Upmarket departmentstore Nordstrom has introduced a two-storey ‘Home’ space at its Manhattan flagship location as part of the launch of the Nordstrom Home collection nationwide. Luxury nesting with Nordstrom.
Fulfilment by GlamCorner now sees the platform handling the logistics of clothing rental on behalf of fashion brands, including warehousing, cleaning, shipping and returns, and giving brands their own rental stores, which they can embed in their e-commerce sites and promote to customers.
Luxury departmentstore Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. Physical stores are seeking to understand their place in the digital economy and align with this cultural phenomenon.
As the holiday season approaches, Dior has created The Fabulous World of Dior , a spectacular presentation illuminating the hallowed halls of the world-famous Harrods departmentstore. Inside the landmark departmentstore, two novel pop-up boutiques draw their fantastic decor from the most beautiful Christmas fairytales.
The booming retail business Aside from the retail properties, SM Investments also has a separate retail arm consisting of about 3850 departmentstores, supermarkets, hypermarkets and specialty stores. Same-store sales have been increasing at a rate above 6 per cent and twice that at its 74 departmentstores.
We recently launched our own online corporate store, which has gone from strength to strength throughout 2021. In addition, we have a presence on The Iconic, which has also been very positive, along with enhancing our brand on departmentstore websites like David Jones and those of more traditional jewellers.
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. We’re seeing significant growth in Singapore through our website and four Seafolly concept stores.
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. We’ll develop a core line [of denim] that will gently underpin our main collection.
He said that people were lining up from 2am for the opening, with products flying off the shelf, and that the following Saturday outperformed opening day, showing the strength of the brand. I’ve always studied luxury, and nowhere else in the world do they have six Louis Vuitton stores within a kilometre.
He said that people were lining up from 2am for the opening, with products flying off the shelf, and that the following Saturday outperformed opening day, showing the strength of the brand. I’ve always studied luxury, and nowhere else in the world do they have six Louis Vuitton stores within a kilometre.
Despite the economic headwinds hitting much of the retail industry, Australian departmentstore chain David Jones has bucked the trend and delivered a strong start to the year. It recently extended the brands’ reach by launching them in departmentstore rival Myer. It’s an increasingly important part of the WHL group.”
Pantone has revealed its first physical store in Hong Kong which hopes to lead customers into a “different dimension” of colour. Billed as a Lifestyle Gallery, the 600 square ft space is located in the Cityplaza departmentstore in the Tai Koo district.
He was familiar with the industry since his parents founded Designa Accessories, one of Australia’s largest watch and jewellery distributors, in 1984. You would find it in a jeweller or a departmentstore and to a smaller degree online. It was very successful.
Lately, the internet and the retail industry alike have been buzzing about Stanley’s ‘Galentine’s Collection’ of 40-ounce tumblers for the US departmentstore chain Target.
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. It will need to hold firmly to that line even as the Covid clouds lift over Asia.
At first it started as a fashion blog; we launched a small clothing line that didn’t get so much traction and then pivoted into leather accessories. IR : What advice would you give someone who wants to get into your line of work? I started The Daily Edited (TDE) with another lawyer during my time at KWM.
He told Inside Retail that the popularity of David Jones’ designer and luxury brands seemed to be increasing, as fashion-conscious and high-income customers gravitated to the departmentstores’ designer brands. However, he said that the departmentstore would continue to emphasise its value-for-money offering.
Fabrica X, the experiential concept store launched last year by The Mills Fabrica in Hong Kong, has kicked off a new campaign celebrating innovation in biomaterials. The campaign is in line with Fabrica X’s mission to explore different aspects of sustainability through a combination of retail, education and experiences.
per cent, but net income (the bottom line) fell 13.6 million), due to an impairment expense and a provision for store closings. Specialty store sales at the company’s domestic malls reported growth of 5.9 per cent in Japan where it still does the majority of its business. Underlying (‘ordinary’) income growth was 8.6
The store layouts are designed to flow naturally from one to the next, making for an effortless shopping journey. The duty-free stores feel more like a departmentstore than typical airport shopping. The iconic Lamp Bear sculpture, situated amid luxury boutiques, offers a striking focal point that engages travellers.
But then the market started to change about 15 or so years ago, that’s why we went into David Jones and The Wedding Club to cater to people wanting to buy wedding dresses through departmentstores and boutiques. For example, the Maison collection is my more read-to-wear bridal line. SK: It’s a new venture.
“We want to reaffirm our engagement as a brand, build the lifestyle potential of the brand with new business lines, and grow new businesses that we truly believe in, including second-hand lines,” he noted. The strategic plan for Asia Grenade said the brand’s luxury line exclusive to Asia would meet evolving affluent consumer demand. “We
All of it has been triumphantly displayed to us by the likes of Gucci, Jean Paul Gaultier in his heyday and Vivienne Westwood, someone who consistently blurs those lines. She let me try them on, I bought them, then vowed never to buy shapewear in a store environment again. Runway vs retail. In fact, all we see is division.
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