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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.
“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?
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.
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.
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.
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.
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.
Williams as its new chief marketing officer. Willingham, former managing director of advertising and brand consulting company DDB New Zealand, will aim to drive the next phase of growth for the 89-year-old South Australia-based company. Williams names new chief marketing officer appeared first on Inside Retail. The post R.M.
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.
billion to Nikes market value, which has been struggling as of late. With a renewed focus on marketing and products geared toward female customers and a partnership with retails current it girl Skims, some retail experts think the brand has a decent shot of taking back its spot at the top of the commerce ladder. The jump added $6.7
As Vhernier is from Milan, the boutique showcases pure Milanese elegance through its minimalist shapes and soft colour palette, accented with touches of coral and eggshell, Marta Moruzzi, collection merchandising manager and international development at Vhernier, told Inside Retail. per cent during 2024-2032. per cent during 2024-2032.
Set to boast a strong offering of luxury, premium clothing and accessories with an urban style, Police enters the Irish market for the first time at The Boulevard, to join its output in more than 80 countries across all major cities in the Middle East, China and Europe.
“Mosaic Brands continues to be an exciting opportunity to reshape a business with a clearly defined market proposition for its target customers, and employees, that we can be proud of,” Berchtold said in a statement. Today, a physical presence is a brand’s most manageable, tangible, and measurable marketing tool,” Gray reaffirmed.
Beyond that, it speaks to the size of the market for add-on products and services, from specialised brushes and cleaning products for status water bottles to covers to protect fancy luggage from scuffs and scratches, The chic Béis Wash pop-up on Melrose Avenue in Los Angeles last month is a polished example of how this looks.
Wirth’s leadership has focused on in-store enhancements, customer loyalty, and curated brand partnerships, helping Myer adapt to and anticipate market shifts,” she added. In his view, successful brands are those that answer the customer’s question, or in other words, meet the customer’s demand. “If If Myer is the answer, what’s the question?
But for businesses to cut through the noise of the extremely competitive world of email marketing, a strong collaboration between a company’s marketing and technology teams is needed, according to Iain Hunneybell, Yoox Net-a-Porter’s global head of information security. This is what you call convergence,” Akhavan said.
billion last year, the bridal wear market is expected to reach US$18.54 percent in this time frame, Maximize Market Research states. Venetia Fryzer, an Edited retail analyst, noted that bridal accessories have gained popularity in the US market, as lower-ticket items that can be worn from engagement through to honeymoon.
A study released by global apparel and accessories retailer Public Desire confirmed the top 10 most sought-after limited-edition collaborations by analyzing factors such as original price, resale value, price growth, accessibility, and public interest. Why did these collaborations win?
Fiasco then joined Quest Apartment Hotels, in roles such as general manager operations and general manager establishment. His overarching focus will be on marketing, supplier support, and activities to drive growth within franchisee businesses. Kwik Kopy has started the recruitment process to find a new franchise manager.
The 214 Oxford Street property will now have Ikea’s smaller format store with a selection of its accessories, furniture and a planning studio across roughly a third of the building’s 22,200 square metres over seven floors. The new Oxford Street store will be a smaller format than its usual warehouse sites (Andrew Matthews/PA).
A recent survey found that 74 per cent of second-hand shoppers do so to manage their household expenses, while many also create their own thing in resale as a secondary source of income. The second-hand apparel market in Australia is predicted to grow from $578.10 million in 2023 to an estimated $1,598.37
Products in the collection include moisture management and medical-grade sports compression, squat-proof tights, and anti-pill training tops. There is also a range of accessories including caps, water bottles and towels. The brand believes compression is not merely a passing fad but a tried-and-tested technique for enhancing recovery.
. “We believe the US market is now (following on from China) at the heart of the worries for investors in Adidas and Puma,” said Robert Schramm-Fuchs, portfolio manager at Janus Henderson, which holds shares in Adidas.
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.
The e-commerce giant has seen its market share erode in apparel as Shein and Temu quickly expanded in international markets with US$12 dresses and US$10 gadgets. Shein and Temu have specialised in offering dresses, accessories and gadgets “that the consumer is less time-sensitive about,” he said.
It’s always a challenge to find something that’s engaging and meaningful to that age group of six to 12 year olds,” Ian Taunton, general manager of The Athlete’s Foot, told Inside Retail. “It’s The post How Roblox is helping The Athlete’s Foot win in a competitive kids’ market appeared first on Inside Retail.
Travis Wright, former general manager of fashion online retailer Esther & Co, is taking the reins as CEO at iconic Australian swimwear brand, Tigerlily. Former Tigerlily CEO Adam Wilkinson exited the business earlier this month, where he also oversaw travel and accessories brand, Crumpler.
Footwear and accessories brand Novo Shoes has returned to Canberra, opening two locations in Woden and Belconnen. Six years after it left the market, the brand debuted its Woden store last month and will open its second location this Friday.
The 100 per cent Kiwi-owned and managed business operates 16 stores across New Zealand selling camping, boating, fishing gear and accessories. Australia’s Jaycar Electronics Group is set to acquire New Zealand-based outdoor equipment retailer Burnsco.
Colette by Colette Hayman has bought luxury online accessories brand The Daily Edited after a three-month search for a buyer. The Daily Edited sells embossed and personalised women’s and men’s leather goods, stationery and desk accessories, bags, pouches, clutches, wallets, phone cases, diaries and overnight bags.
“We have seen a significant deterioration in the EMEA market over the past two years which has hampered our ability to sell our expanded product range, compounded by global supply chain constraints,” said Phil Ryan, CEO and MD of City Chic. “We The post City Chic divests EMEA Evans brand business appeared first on Inside Retail.
Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. It also highlights the brand’s intention to invest further in the local market. “In
Lays started searching for its store manager last week, according to a LinkedIn post of head of people and culture Bri Brown. Linda Whitehead, former group GM of apparel label Jay Jays, is brand CEO. Honey Birdette’s former global CEO Julie Hastings is COO. BBRC has not made an official announcement or shared any plans about the label.
Here, Alias Mae’s general manager Kendra Anastasiadis speaks to the evolution of the business, which she joined in 2017 as the customer service and wholesale manager, how it diversified into direct-to-consumer (DTC) e-commerce, and what is next for the business. Our major wholesale accounts are managed in-house.
Ananth Sarathy, former general manager of digital experience at WooliesX, will lead the newly launched online HealthyLife business as managing director. Sarathy has held a number of other leadership roles in digital within the Woolworths Group over the last eight years, including as general manager of loyalty and data solutions.
Working as a manager at Boost Juice, I developed my leadership abilities. I transitioned to a retail sales role at Under Armour where my interest in marketing grew through interactions with the head office team during product talks. This ensures our initiatives align with the integrated marketing calendar.
The company, however, still struggles to gain ground in a more challenging market, he added. The dip in North American sales continues to be a concern as this is Under Armour’s largest market by some margin, and is also a region where consumer spending has, generally, held up quite well.” Apparel revenue increased 3 per cent to $1.1
Better demand forecasting with AI Using AI algorithms to analyse historical sales data, seasonal trends and other market factors can help retailers predict future demand with higher accuracy. This model helps ALDO, which specialises in shoes and accessories, better predict demand to ensure it has the right inventory in the right channels.
The luxury market is categorised by its exclusivity, maintained through a combination of high price points, consciously limited product volumes, reputation and customer experience, amongst other factors. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. billion in 2024.
Hard Yakka marketingmanager 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.
We’ve had a look at the opportunities within the market globally. Two elements are really exciting and one is that there is a broader acceptance and normalisation of piercing as part of a fashion accessory and part of a subculture that is mainstream now,” Friis said. I see the window in front of us.
Chief executive office and co-founder of Telegram – the parent company to stationary, office and lifestyle accessory brand Milligram – Scott Druce told Inside Retail that the back to school period is like a second Christmas, and requires just as much planning.
“There are weekly masterclasses that consumers can attend to expand their skills and knowledge about all things coffee and De’Longhi, and, in addition, customers can schedule a 1:1 session with our knowledgeable coffee experts,” De’Longhi Group’s marketingmanager Sarah Knox told Inside Retail. Grounds for expansion.
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