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Lovisa’s 43 net new store openings pull net profit up

Inside Retail

The jewellery and accessories retailer’s profit grew 6.5 The company said its continued focus on pricing and promotion management helped expand gross margin to 82.4 It expects to open its first Zambia store in the coming week, marking its 50th market globally. per cent to $56.9 million as revenue climbed 8.8 per cent.

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How accessories brand Hello Updo is challenging traditional beauty standards

Inside Retail

“Pelo malo”, or “bad hair”, is a term used in various Latin American communities to refer to hair that is curly and “hard to manage” However, Magdaline Hurtado knows that hair types like her own aren’t more “difficult”, they are just not catered to. Inside Retail : What inspired you to launch Hello Updo?

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Accessories brand Zagg opens first Apac store, in Sydney

Inside Retail

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.

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Amazon is set to take off in Australia this year, get ready

Inside Retail

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 announced it posted over $3.1 billion in 2022. million subscribers in Australia.

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How Henne is rethinking the in-store experience

Inside Retail

Henne has a dedicated customer relations manager who is responsible for emailing and texting with customers and providing a bespoke brand experience. She identified a gap in the market, as well as the problem of overconsumption. Having less items on the rack was really kind of working towards that as well.

Fashion 250
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Behind the demise of Harrolds: A cautionary tale or singular case?

Inside Retail

The downfall of the almost 40-year-old business raises the question of whether this is a sign of things to come as retailers struggle to compete with the increasing e-commerce capabilities and convenience of retail goliaths on the global market, or whether it is a case of Harrolds facing a ‘perfect storm’ of challenges on multiple fronts.

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H&M to phase out Monki as it expands Weekday label

Inside Retail

Head of communication Nadine Schmidt told the Belgian newspaper De Standaard , the initiative it was part of “testing, learning, adapting, and refining the range” H&M has also struggled with stock management , which has contributed to “disappointing” financial results that led to the exit of former CEO Helena Helmersson.

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