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It’s no secret that consumers are still spending big on their pets even in a cost of living crisis – and the launch of luxury pet accessories brand Mon Petit Amour Manolo, which sells collars starting at $550, is proof of this. billion in 2023.
After a particularly hot day in the Dominican Republic, Hurtado experienced the lightbulb moment to launch her brand Hello Updo, a hair accessories brand specialising in products designed for voluminous hair with varied curl patterns. IR : In what ways do you believe Hello Updo fills a white space in the haircare market?
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. per cent.
It also offers womenswear and accessories and has a dedicated footwear space. “It’s a testament to our dedication to delivering exceptional service and a tailored shopping experience, highlighting our continued growth and unwavering commitment to the Australian market.”
per cent decline in sales for the first quarter, which an analyst considered as “not too shoddy” given the softness in the wider luxury market. According to Saunders, the brand has become stale and is not delivering a punchy enough line up of products in a tough market. Tapestry has reported a 0.4 per cent revenue decline.
Golden Goose aims to gain more market share in Australia by establishing a strong retail presence and building lasting community connections through new retail experiences. Inside Retail spoke with Mauro Maggioni, Golden Gooses Apac CEO, about how the business plans to grow its market share in the global US$39.91
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.
Omar Sabr, the brands CEO, spoke with Inside Retail about how the retail disruptor has created its own lane, how to align with the right IP partnerships and what this business approach looks like in international markets. Mid-market brands chase mass appeal. IR : Are DTC stores on the horizon for any markets? Why or why not?
Mirroring the success of our Brookfield Place store in Sydney, we wanted to bring a broader assortment, elevated experience and bespoke touches like accessory personalisation to this diverse guest base. PT: We are really happy with our launch into the footwear category and the guest response has been overwhelmingly positive.
His eponymous boutique is located on Glenmore Road in the Sydney suburb of Paddington, where customers can shop his jewellery, fragrance and accessories alongside the gowns. The next step for the fragrance and the shoes; that are coming, would be retailing to a bigger market.
The post Hermes’ third-quarter sales grow across all markets appeared first on Inside Retail Australia. The performance was a sharp contrast to rival luxury label Gucci, whose sales slumped 26 per cent in the latest quarter.
The post Laura Ashley expands into jewellery market appeared first on Inside Retail Australia. . “We’re excited to see this collection launch, adding the perfect finishing touch to both our women’s and girls’ wear lines.”
Launched by friends Barbara Bradley Baekgaard and Patricia R Miller in Fort Wayne, Indiana, in 1982, the brand became well known for its wide array of colourfully quilted handbags and accessories.
She identified a gap in the market, as well as the problem of overconsumption. Six years later, the brand has expanded to provide a full closet, with statement pieces, suiting, eventwear and accessories. Launching Henne on The Connection enabled Bartel and Ring to get a feel for what the customer wanted.
H&M Group has booked lower sales in the fiscal third quarter amid cold weather in many key European markets. We are strengthening the H&M brand by investing in products, the shopping experience and marketing, which we are already seeing start to make an impact and which will contribute to increased sales and profitability.”
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
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.
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.
Tech accessories company Casetify has ventured into the luggage space, with a made-to-order luggage collection – Casetify Travel. New category To maintain the strong brand identity Casetify has established in the tech accessories space, the company introduced bold colourways and signature lettering to the luggage collection. “Of
High-profile fashion collaborations are nothing new, but does making luxury accessible and marketing it to a younger audience come at a cost? The strategy was vastly different from its polished Instagram marketing, targeted at an older Gen Y and Z audience. billion Bitmoji avatars globally. I think not.”
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.
The core market of young families is among the worst impacted by the current inflationary economy. The brand operated 307 stores across its proprietary markets of Australia, New Zealand, the UK, Ireland, Singapore and Malaysia at the end of the first half. Meanwhile, sales at the stationery and gift chain Smiggle dived 14.5
The Sydney store will be moved to Westfield’s new development on Market Street, joining a lineup of other luxury brands. The retailer will also offer “heavy” discounts for all clothing, footwear and accessories lines at its Sydney and Melbourne stores, starting Thursday.
I worked alongside my sister Hannah for years at the Salamanca markets and learned the tricks of the trade from the age of 12. The concept of selling and marketing a product, and brand became second nature and a part of my identity. When I finished school I turned down a law degree to continue alongside Hannah in the business.
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.
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
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
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.
We can do all types of marketing, but the very best interaction that we have is with our associates and their knowledge about the products,” Steelman stated. This involves overhauling the brand’s digital operations to provide smoother, more efficient services and designing more modern products to suit a younger generation of shoppers.
Under Armour has announced an expanded range of apparel, footwear, and accessories exclusively for the Australian market. The ‘Live in UA’ campaign will roll out across all of Under Armour Australia’s digital brand platforms and nationally in Under Armour Brand Houses and out-of-home marketing placements.
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).
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?
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.
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. Phnom Penh 2025: is the time right for market entry? somes choice such an interesting gamble.
The addition of both of these new global brands continues Accent’s strategic drive to grow our business in the Lifestyle Apparel and footwear market, in particular the apparel market,” said Accent CEO Daniel Agostinelli. The distribution arrangement is slated to begin next July and has a five-year lifespan.
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.
. “We take great pleasure in offering support and mentorship to these talent during their early stages, ensuring the enduring success of their brands and significant impact on the Australian fashion landscape,” said Bridget Veals, GM of womenswear, footwear and accessories at David Jones.
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.
The move comes at a time when South Korea is experiencing an influx of international luxury brands establishing a presence in the market. Another noteworthy addition to the South Korean luxury market was the Olsen twins’ luxury label The Row. Meanwhile, Louis Vuitton’s sales dropped 2.4 per cent last year to 1.65
The program, starting with the Bed Bath & Beyond brand, includes product licensing agreements with other retailers – such as mass market, off-price, and online marketplaces – and licensing agreements for stores in Mexico. Negotiations are also in progress for store openings in other key markets.
Monki operates 56 stores in 15 markets and runs online shops in 29 countries. Weekday has 47 stores in 14 markets and 29 regional online stores. . “The logic is what it is, but the decision is difficult to swallow for consumers,” said the news outlet.
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.
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.
The market for Moshi Moshis products and price points in neighbouring countries would seem to be substantial and the company has not been at all reluctant to open shops at a rapid pace. The gross margin percentage of revenues in the third quarter was 52.8 per cent, a decline from 53.1 per cent in the corresponding period a year ago.
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