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It also offers womenswear and accessories and has a dedicated footwear space. “The new Emporium flagship marks a significant milestone in our strategic expansion, allowing us to bring our unique retail experience to a prime Melbourne location that serves a broader guest base,” said Paul Tinkler, VP of Lululemon ANZ.
The jewellery and accessories retailer’s profit grew 6.5 Lovisa noted that it experienced a higher cost of doing business in the first half as it invested in team structures and technology for expansion, along with increased spending on digital marketing and events and a mix of stores in higher-cost markets.
Singaporean label Charles & Keith is ramping up its global expansion, opening three flagship stores in Tokyo, Singapore, and China, following its concept debut in Seoul last year. It offers the perfect setting for our largest global store, allowing us to showcase the full breadth of our collections to a unique, trendsetting market.
Its not a bad ploy and it fits well with the broader expansion strategy, but even so, this is a company with much greater ambition than selling pens to students. The post Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025 appeared first on Inside Retail Australia. per cent, a decline from 53.1
And some seven years on, much to the dismay of retailers, it is now starting to shake the tree and become a real force in the market , as Australian shoppers increasingly turn to alternatives to manage the cost-of-living crisis. Amazon, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas.
Zagg, a global retailer of electronic device accessories, has opened its first store in Australia, marking the first step in an expansion strategy in the Apac region. Zagg is a global brand providing accessories and technologies that empower mobile lifestyles such as screen protection, power management solutions and mobile keyboards.
Inside Retail spoke to Balázs Krizsanyik, GM of Desigual Asia Pacific, and Tim O’Rourke, national sales and managing director at O’Rourke Showroom, to learn more about the brand’s local strategy for the Australian market and its expansion strategy globally. IR: Could you elaborate more on the expansion strategies in this market?
That is a significant and rapid expansion and one that would draw investor scrutiny. The company is now certainly a lot further along in building brand awareness through significant investment in marketing and, at least on some level, it has a better understanding of the American shopper than it once did. million in Texas.
The company has signed a deal with Good Products & Co for the distribution of its products in the two markets. “We look forward to reconnecting with our Australian customers, who were among the first international markets to embrace our brand when we initially expanded globally, said Rob Schilder, CEO of G-Star.
Australian fashion jewellery chain Lovisa is continuing with its global expansion after profits jumped 20 per cent for the full year. The company says a key driver for sales was its continued global expansion where 172 new stores were opened during the year taking the total to 801 stores across 39 countries. Sales reached $596.5
The NAL acquisition is perfectly aligned to our strategy to grow our leadership position in the lifestyle and youth apparel markets in Australia and New Zealand,” said Accent Group chief executive Daniel Agostinelli. The post Accent Group picks up Glue, Next Athleisure in expansion play appeared first on Inside Retail.
Not content with capturing the Australian and New Zealand market, Group CEO Felicity McGahan said that Nere – which strives to offer an affordable range of suitcases, travel bags and accessories – is adding another sticker to its passport by expanding into the United Kingdom. The market size in the UK market was also exciting.
From DTC to local and international expansion efforts The company opened its first pop-up shop, which ran from April 19-21, on Greene Street in New York City’s fashionable SoHo neighbourhood. Once you put these on your feet, you’ll realise they are truly life-changing,” Hogan confirmed.
According to the brand, Mansergh’s appointment comes at a time of “significant momentum” for the company, which has had tremendous expansion in major international markets. Camilla entered Heinemann Australia’s duty-free store at Sydney Airport in 2023 as part of a pop-up promotion.
The brands recent drops with Sanrios Hello Kitty and the Mr Men & Little Miss characters, and previously, with Disney, alongside clever category expansion have turned it into a $50 million business. How do you define this category, and what differentiates the brand from both traditional luxury and mid-market competitors?
While Japan has long been established as a premier hotspot for vintage luxury products, particularly designer bags and accessories in pristine condition, the country has recently experienced an unprecedented surge in demand for these meticulously maintained secondhand treasures. billion yen (US$5.4 billion) and accounted for 28.2
An immense passion for outdoor sports and strategically accelerating brands drew Moore to the Salomon business, where he is now leading its next phase of growth within the ANZ market. He attributes this new positioning to driving the huge growth of the brand in the Australian and New Zealand markets.
New Zealand outdoor and lifestyle retailer Kathmandu has taken the wraps off its major global rebrand today, shifting its focus to become more accessible, inclusive and fun, as it prepares for international expansion into Europe. Now’s the time to make sure we have the foundation to launch into other markets as well.
One of the business’ main targets is the Chinese market, with plans to grow Showroom-X’s live streaming capabilities aimed squarely at reaching the Chinese consumer. For a start, the business has been wooing local Chinese customers, with the aim of selling directly to China once they understand the market.
Lovisa Holdings booked higher net profit amid a strong trading performance and global expansion in the last fiscal year. The jewellery and accessories retailer ended the fiscal year with 900 stores globally after opening a net 128 new stores., “This positions us well to continue our growth in both existing and new markets.”
In February, the business announced it had experienced 225 per cent year-on-year sales growth, primarily driven by its strategy in the US market. The US fashion market has a history of making or breaking Australian fashion labels and Leo Lins move into the US saw the brand double its revenue in just two years.
Located on the ground floor of Melbourne Central, the store carries Nere-branded suitcases, soft-sided bags, packing cubes, toiletry kits, luggage tags, water bottles and other accessories that shoppers can mix and match in various colours to create their own personalised luggage sets. Nere releases new colours and accessories every season.
Under the leadership of the brand’s marketing director Nick Jackson, the third generation of the family to run the business, Peter Jackson has rolled out a new e-commerce platform, which supports a seamless omnichannel experience for customers across all touchpoints. So, we see value in our marketing efforts through that scale.
Furthermore, we believe the maison will benefit from our willingness to invest in marketing activities, which will contribute to increasing the Vhernier brand awareness locally. Established in 2008, Runway Vietnam offers luxury clothing, accessories, handbags, jewelry, and interior designs. per cent during 2024-2032.
Ralph Lauren has reported a lower growth rate for its fourth-quarter revenue, but an analyst said the brand is still doing well amid a wider slowdown in the luxury market. Neil Saunders, MD of GlobalData, said the moderate growth was in line with expectations given the general trend in the luxury market. “In Sales in Asia were up 1.1
To achieve this target, the Copenhagen-based company will increase investments in brand desirability and the store network with a refreshed marketing strategy and elevated in-store experience. The company’s new financial targets include an organic growth of 7-9 per cent CAGR from 2023-2026, with a network expansion of about 3 per cent.
Under the leadership of CEO Christophe Archaimbault, the brand is executing a multi-faceted strategy to ensure relevance, drive international expansion and deepen its technological integration, all while maintaining its commitment to sustainability.
But even with six, we’re proud to be the largest secondhand bricks-and-mortar retail service in Australia, and our plans are to achieve broad nationwide expansion in the next couple of years. The post Goodbyes’ roadmap for national expansion and a store in every city appeared first on Inside Retail Australia.
Parade was founded by Columbia University dropout Cami Téllez in 2019, with a purpose to disrupt the market and champion inclusivity, body positivity and sustainable manufacturing. Businesses like Brava are championing change through inclusivity and representation for formerly marginalised individuals represented in the market.
“Vertex Ventures Southeast Asia and India brings deep expertise in scaling startups globally with valuable connections across various markets,” he said. “We We believe the guidance and support from Vertex will significantly accelerate our strategic entry into new regional markets.” billion this year.
The international success of prominent K-pop artists such as BTS, Blackpink, and Stray Kids has catalysed unprecedented levels of consumer engagement, resulting in expanded market opportunities for merchandising. In contrast, prices in the pre-loved market can change based on how rare it is. million KRW ($1029).
From eye-catching brand partnerships to strategic category expansion, Farm Rio is slowly but surely taking the world by storm, one tropically patterned print at a time. The two decided to fill in the white space themselves and started with a small booth at an independent fashion market. Tropical fruits and flowers. Jungle prints.
The second-hand apparel market in Australia is predicted to grow from $578.10 This massive expansion only strengthens the increasing consumer demand for pre-loved or secondhand fashion and accessories. As the stigma continues to fade and the market evolves, the second-hand revolution is well and truly here to stay.
Starting with a single sneaker launch in 2014, the brand has expanded into other retail categories, including outerwear, streetwear and accessories to become a lifestyle brand for all ages — from children barely old enough to pronounce the name of the business to veteran fashion consumers.
The product categories are similar: plush toys, health and beauty products, stationery, developmental toys, personal accessories, bags, action figures, snacks, beverages, digital accessories, home decor and more. Moshi Moshis 2025 expansion plan includes 40 new stores that would bring its store fleet up to about 200 by the end of 2025.
Despite modestly positive expectations for 2024, the luxury retail market did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion.
Sydney-based womenswear label Sotto Brand has made its debut at New York Fashion Week with its SS24 collections, eyeing global expansion. The show also introduced Sotto Brand’s first venture into footwear and accessories.
Berkshire Hathaway’s toy company Jazwares has acquired toy distributor Big Balloon, as part of its global expansion plans. Founded in 1997, Jazwares offers product lines including action figures, plush toys, collectibles, role-playing accessories and musical instruments.
Sportswear retailer LSKD has been expanding rapidly throughout Australia in recent years, and has now set its sights on a bigger market: the US. IR: It seems that a lot of Australian retailers are considering international expansion right now. Inside Retail : Earlier this month, LSKD opened its first store in the US, in San Diego.
The brand’s offering is a perfect addition to our portfolio with opportunities for category expansion into apparel, accessories, outerwear, travel and more. There is a significant addressable market, presenting opportunities for the brand to evolve into a full lifestyle offering with a focus on innovation and comfort.”
Dubai-based retailer and distributor GMG and US-based apparel and footwear company VF Corporation recently announced a significant expansion of their long-standing partnership to solidify their presence in the growing markets of Southeast Asia (SEA) and the Middle East and North Africa (MENA).
The online designer resale at David Jones features more than 30 luxury accessories items from brands including Louis Vuitton, Chanel, Prada, Hermes, Gucci, Celine, Balenciaga, Valentino and Fendi. Resale of pre-owned designer pieces is gaining momentum globally,” said Bridget Veals, GM of womenswear, footwear and accessories at David Jones.
The store offers a carefully curated toy selection spanning all play categories and age groups featuring top brands like Build-a-Bear, Lego, Hello Kitty, Preziosi Pet, Arias dolls, and Very Bella, offering a wide array of make-up and accessories for kids to experiment with new looks.
Hard Yakka marketing manager Jayne Willmott told Inside Retail that the brand is currently in a growth phase, with sales and traffic continuing to increase. She also noted that accessories – such as socks and underwear – have been a particularly strong performer for the brand in recent months.
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