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How can department stores pivot ahead of a spending decline?

Inside Retail

The biggest swing occurred in department store spending, which saw a 14.3 Especially in department stores, where the consumer appetite to spend appears to have fallen so dramatically between November and December? But, he added that it’s a shrinking market. per cent drop over the two month period.

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Step inside the UK’s first department store for secondhand clothes

Inside Retail

An old TopShop store in north London’s Brent Cross shopping centre has been revived after two years of sitting empty since the fast fashion brand closed down. It’s now a vibrant pop-up department store selling pre-loved clothing organised collaboratively by 10 charities. We believe in the circular economy and the good pound.

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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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Post Covid, department stores are refocusing their menswear offer

Inside Retail

Department stores 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.

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What Dolce & Gabbana’s puppy perfume says about the luxury pet market

Inside Retail

The growing luxury pet market There has been notable growth in the pet retail industry in recent years, largely thanks to mass adoption rates post-pandemic and the ever-growing humanisation of pets. confirmed that the global luxury pet accessories market alone was worth around US$3.8 billion in 2022.

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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. Last July, the company appointed Clarabella Burley, ex-Qantas Loyalty head of marketing, to the same role at Myer.

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Tutu Du Monde opens first flagship, in Sydney

Inside Retail

The store offers the brand’s celebrated collections including tutus, dresses, resortwear, and accessories crafted for young fashion enthusiasts. ­­The The company plans to further boost its growth in global markets, as well as launch its first ready-to-wear collection featuring boucle coats, jackets and guipure next year.