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Myer names new execs, hires former Qantas Loyalty bosses

Inside Retail

The department store chain has yet to name the appointees for the newly created roles of GM of merchandise for beauty, accessories and services and GM of merchandise for women’s apparel. Meanwhile, former Cedar Brands CEO Warwick Blunt will assume the newly constructed role of GM for digital commerce at Myer in November.

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Department Stores – what does the future hold?

Retail Focus

The huge increase in online shopping over the past decade or so has had a major impact on department stores, 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.

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Australia’s first domestic terminal department store to open next year

Inside Retail

Sydney Airport and Heinemann will jointly introduce Australia’s first domestic terminal “department store” 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.

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David Jones is the latest department store to embrace resale. Here’s why

Inside Retail

Australian department store David Jones has become the latest retailer to sell pre-owned clothing following the announcement of its partnership with Sydney-based luxury reseller Blue Spinach last week. It also offers second-hand items in its London flagship store through a partnership with online resale platform Vestiaire Collective.

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Welcome to Wonderworld: David Jones showcases natural beauty on the runway

Inside Retail

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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David Jones launches clothing resale program

Inside Retail

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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Three brands blamed for Myer’s projected profit decline

Inside Retail

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.