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A-COLD-WALL* has announced the launch of a second Seoul concept store-in-store this month. 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.
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.
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.
Australian departmentstore 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.
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
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 departmentstore selling pre-loved clothing organised collaboratively by 10 charities. We believe in the circular economy and the good pound.
Luxury goods group LVMH unveiled on Monday the revamped La Samaritaine, a 150-year-old departmentstore designed to help it grab a greater slice of tourist spending once pandemic travel curbs are eased. A view inside the revamped Samaritaine departmentstore ahead of its reopening in Paris, France, June 21, 2021.
Departmentstore 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.
Finding its home in the iconic departmentstore’s prominent Exhibition Road space, the pop-up will serve as an experiential destination to discover the metamorphosis of Bvlgari’s Serpenti Collection, a unique fine jewellery, watches and accessories offering, alongside an exclusive programme of activities throughout the month.
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 Premier brands could also provide the departmentstores with expanded merchandise range options.
While the headlines have largely focused on the number of stores and sales Myer will add to its business if the acquisition is approved, the biggest opportunity could lie in the loyalty space. Where is Myer’s Wirth now Many experts recognise Wirth’s strong background in loyalty as one of the departmentstore’s greatest assets.
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.
tonies® , the children’s audio player, has announced its exclusive pop-up at world-renowned departmentstore Harrods’ Fourth Floor Toy Department, open until May 29 th 2021. As well as an abundance of Tonies, tonies® accessories are also available at the Harrods’ pop-up.
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
Last month, American fashion label Kith expanded into the country, opening its largest flagship store in Seoul’s Seongsu neighbourhood with dedicated retail space, Sadelle’s restaurant and a sophisticated lounge area. Another noteworthy addition to the South Korean luxury market was the Olsen twins’ luxury label The Row.
While the industry can agree on the necessity of a physical presence for retailers operating in the apparel space, the jury is still out on the optimal number of locations for brands to maintain relevance and succeed. “We We all grew up with a shop on every corner.
“Harrolds had a rich in-store experience, but in a world where convenience and omnichannel flexibility are becoming standard, it simply wasn’t enough,” Gray said. Within the luxury space, purchases in-store well outweigh online with only approximately 5 per cent of luxury shoppers completing their entire journey exclusively online.”
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. The new retail space caters to first time buyers and NFT experts, with prices ranging from HK$5,000 ($850 AUD) to over HK$1,000,000 ($170,000 AUD).
Last month, American fashion label Kith expanded into the country, opening its largest flagship store in Seoul’s Seongsu neighbourhood with dedicated retail space, Sadelle’s restaurant and a sophisticated lounge area. Another noteworthy addition to the South Korean luxury market was the Olsen twins’ luxury label The Row.
The company currently has stores in New York and Los Angeles and also sells through partnerships with retailers including End, Matchesfashion, Browns Fashion and upscale departmentstores Selfridges and Harvey Nichols. . The post Denim brand Ksubi to open first standalone store in London appeared first on Inside Retail.
“Now every time we open a new door anywhere in the world, we always make sure that there is a Fragrance Tapas bar in the space so that our customers can continue learning about the brand and have fun with fragrance.” Fragrance is like a beautiful luxury accessory. It’s like a beautiful belt or a handbag.
Earlier this month, several members of the Nordstrom family, including the company’s CEO Erik Nordstrom and president Pete Nordstrom, offered to acquire the legacy departmentstore chain for US$3.8 The departmentstore division has various structural challenges, while the off-price Rack division is starting to produce some good growth.
The new store will stock even more ranges from brands such as Nike, Adidas, Under Armour, and Converse, covering footwear, fashion, and accessories. It is set to open in Summer 2023, creating more than 40 new jobs at Bullring & Grand Central. .
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. Focus on Asia.
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.
“The design concept is represented in a way that the separation between the old space and the new space is vague, by installing the lights on the glass on top of the sticky residue of tapes on the floor, and these floor lights, unlike the ordinary ceiling lights, create the extraordinary mood of upside-down.”.
Set to launch in July 2023 – after the opening of the new luxury precinct at terminal one (T1) – Heinemann is pioneering the departmentstore concept inside domestic terminal two (T2) and three (T3), with the retail mix curated to reflect each terminal’s passenger base. Proof of concept.
per cent increase in departmentstores and a 3.3 per cent increase in clothing, footwear and personal accessories. Retail sales increased by 1.3 per cent month on month in July and are 16.5 per cent higher than July 2021, driven by a 3.8 Retail sales are still well ahead by 16.5 per cent from the prior year.
This transformation can be dissected into several distinct stages, often referred to as disruptions, in which retailers competed on multiple fronts: for physical space, consumer attention, and innovative store layouts and designs. These departmentstores were typically found in major cities, catering to urban consumers’ needs.
Camilla, an Australian luxury resort wear brand, has entered the duty-free store operated by Heinemann Australia at Sydney Airport as part of a new pop-up campaign. The post Luxury resort wear brand Camilla opens at Sydney Airport appeared first on Inside Retail.
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.
Dutch studio AMO has created a terracruda-clad shop-in-shop with curving tiered shelving for French-fashion brand Jacquemus at luxury departmentstore Selfridges. The boutique was installed as a permanent retail space located on the ground floor of London departmentstore Selfridges and is host to Jacquemus bags and accessories.
“Scaling the Supreme sunglasses collection is the obvious low-hanging fruit and could open up huge distribution opportunities in all the world’s departmentstores. A Ray-Ban collaboration would easily lay the foundation for a full eyewear launch and the brand would sit comfortably in the space,” he added.
Prior to the onset of Covid-19, online sales represented a relatively small percentage of the industry, but this has changed significantly over the past 18 months as more and more retailers embrace the digital space and improve their online experience. How has Tissot adapted, and how do you see this space developing going forward?
According to the post, Amazon Style will offer women’s and men’s apparel, shoes and accessories from hundreds of popular and emerging brands, and include several innovative features, such as tailored, real-time recommendations.
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.
The departmentstore giant’s adjusted operating profit rose 85.5 The first principle, knowing your customers, is incredibly important to a luxury departmentstore business like David Jones, Fyfe said. per cent in the second half, smoothing out its full-year figure to an overall decline of 0.6 Looking forward.
But Bonds is owning the space and pushing it out to mass market Australia. It’s a brand that can do edgy yet still sell good value undies and loungewear both in its own stores and site, in departmentstores or even at the supermarket. Bonds isn’t trailblazing. As only a heritage brand of its size can.
First up is our interview with Matt Newell and Danny Lattouf from The General Store about the store concepts and technologies that are on the rise in the US and which ones are most likely to appear in Australia next year. The post VIDEO | Fast forward: What will retail look like in 2023? appeared first on Inside Retail.
Mall occupancy costs are continuing their upward climb in Singapore, as demand for space from retailers remains strong. But for the time being at least, retailers are taking it on the chin and battling for what’s out there, so it is still tough to get space in the best malls. Retail occupancy in CapitaLand’s portfolio was 99.0
The first is the perennial issue of whether or not the various markets can absorb the new space becoming available as developers open the doors of their newest projects. That may be an issue in cities such as Bangkok, Phnom Penh, Hanoi, and Ho Chi Minh City, where substantial new space is coming online. The past as prologue.
Harvey Nichols Hong Kong launches world-first NFT retail space. Harvey Nichols has introduced the world’s first blue-chip non-fungible tokens (NFT) retail concept space inside a luxury departmentstore dubbed HN NFT Vault at the retailer’s Pacific Place store in Hong Kong.
US departmentstore Nordstrom has teamed up with Instagram page-turned-online marketplace Black Owned Everything to spotlight four up-and-coming Black-owned fashion and accessories brands alongside global sneaker giants Nike and Jordan as part of its Nordstrom x Nike initiative.
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