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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.
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?
After a four-year hiatus, G-Star Raw is poised to re-establish its presence in Australia and New Zealand, emerging from a turbulent chapter in the market. The Australian arm of the Dutch-founded denim giant, established in 1989, collapsed into voluntary administration in early 2020 as the advent of covid engulfed the market.
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.
High-profile fashion collaborations are nothing new, but does making luxury accessible and marketing it to a younger audience come at a cost? In translating its latest collection into Bitmoji avatars, Valentino promotes individual expression and fosters an ever more global community through the brand’s most iconic motifs.”
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.
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.
Valentines Day is evolving beyond romantic hetero couples celebrating with flowers, chocolates and dinners out, broadening sales and marketing opportunities for both manufacturers and retailers. These all represent opportunities to promote gift cards for such experiences to those who plan in advance of Valentines Day, such as in January.
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.
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.
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.
Others are more novel, such as experiential retailing, retail greening, and collaborative marketing. While events and promotions can help drive foot traffic and increase sales, they do take a lot of time and effort so it’s important to get the planning and execution right. What will most appeal to the market you are pursuing?
Fulfilment by GlamCorner now sees the platform handling the logistics of clothing rental on behalf of fashion brands, including warehousing, cleaning, shipping and returns, and giving brands their own rental stores, which they can embed in their e-commerce sites and promote to customers. The ‘Attenborough’ effect.
I don’t think it matters that you’re small, it’s what you’re doing,” Tonia Bastyan, design and marketing manager at BlockTexx, told Inside Retail. In an Australian-first partnership, BlockTexx and Elk have teamed up to bring an innovative solution to bring end-of-life garments into the circular fashion economy. “I
According to market research firm Future Market Insights , the industry is valued at US$6.6 The increasing awareness of health concerns, largely brought about by the pandemic, paired with a growing interest in wellness products have created a market for patches that allow people to absorb vitamins through their skin.
It was about working with them, and internally with our team to understand, in particular, how we ensure that the garments we’re putting into the market have the best or the least environmental impact.” “We’ve always had a good ethical sourcing component and great relationships with suppliers,” Hard said. “It
According to the online fast-fashion company, affiliates will gain access to exclusive benefits, including commission-based earnings, promotions, and advanced tracking and insights. The launch follows similar programs the company has implemented in markets such as the US, the UK, Canada, Germany, Italy, Spain, and Mexico.
Given the event represents ‘Australian’ fashion it has more impact when promoting our brand and gives us credibility,” she added. “I Despite the uncertainty surrounding the event, it’s business as usual at the fashion label in terms of production, since it treats the runway as a marketing exercise.
BJM executive chairman Bernie Brookes is confident that he can rebuild and rejuvenate Australian luxury accessories brand The Daily Edited on a global scale. He said that it will initially look to improve stock availability and speed to market. “We
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).
Meanwhile, earnings from apparel decreased by 8 per cent to $758 million, footwear sales plummeted by 15 per cent to $310 million, and accessories revenue decreased by 5 per cent to $93 million. Sales from owned and operated stores declined by 3 per cent. According to the company, its gross margin increased to 47.5
Its a time of heightened consumer spending, aggressive promotions, and operational intensity. Sales figures, customer interactions, and marketing performance all offer valuable insights. Was it a specific promotion, product, or referral? Did certain channels, such as email marketing or social media, outperform others?
Increased promotional activities during key Black Friday, Cyber Monday and the Christmas / Boxing Day sales periods impacted the group’s gross margin. million due to “challenging market conditions”. Online sales fell 21 per cent. An underlying EBITDA loss of between $2.5 European sales fell 4 per cent to $20.16
In fact, Australia’s second-hand market, covering everything from clothing, electronics, furniture, and cars, is worth around $46 billion and just keeps growing. Nudie Jeans encourages customers to ‘Create Tomorrow’s Vintage,’ highlighting that jeans improve with age and promoting their free jean repair service for life.
The accessories brand’s managing director reveals the two women who have inspired her most and the biggest lessons she’s learned. This is in support of driving the brand into the future and continuing to be known as one of the most loved Australian accessory brands. This success was unquantified and unknown at the onset.
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.
” Barnard aims to drive Aloha Collection’s growth by balancing innovation with core principles, creating sustainable and profitable outcomes, and promoting giving back through its Malama ‘Aina program. . “Heather and I are excited to welcome her to the Aloha ‘Ohana’.”
Roblox is fast becoming a destination for collecting and wearing digital luxury fashion and accessories. As more platforms introduce a universal avatar body type, digital fashion and accessories for use across multiple platforms will become more common. Fashion marketing has evolved.
However, the first-half trading gross margin declined by 100 basis points compared to the previous year, attributed to the ongoing promotional trading environment.
Klaviyo – an intelligent marketing automation platform – has created the ultimate calendar with more than 150 key e-commerce dates to consider when planning and executing your year-long marketing strategy. Besides income equality issues, the day is also about recognising the contributions and achievements of women throughout society.
Meanwhile, Oboz saw strong year-over-year growth in online sales during Black Friday and Christmas promotions. Direct-to-consumer sales trends continue to improve for all three of our brands, while the wholesale market is taking longer to recover, said Michael Daly, MD and Group CEO.
Amy Wotton, brand and marketing GM at Vicinity Centres, told Inside Retail, “DFO has always been synonymous with premium brands and unbeatable value.” “With our brand refresh, we wanted to celebrate the essence of DFO – the idea of being ‘in the know.’ As a touch point, we measure brands and energy.
Promotion : lifestyle brand Cybex has opened a beige, monochrome flagship store in Paris as part of its continuing retail expansion strategy - nearly 20 years after the brand was founded. Located on the prestigious Rue Saint-Honor near the Louvre museum in central Paris, the store has"a unique monochromatic design DNA".
With more than 20,000 SKUs across homewares, toys, pet accessories and apparel, Anko-branded products represent 85 per cent of the stock in Kmart stores and have been purchased by a whopping 90 per cent of Australian households. IR : How have you been going to market in terms of the marketing side? This was about 18 months ago.
The company sent 1231 marketing emails without a functional unsubscribe option and 112,348 texts and emails to customers who had unsubscribed between November 2022 and May 2023, according to the Australian Communications and Media Authority (ACMA). Eyewear retailer Luxottica – the parent of OPSM, Oakley and Sunglass Hut – has been fined $1.5
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.
As quarantine requirements and travel bans continue to impact brands’ ability to get in front of customers and retail buyers across borders, the New Zealand government is stepping up to help promote its local designers overseas with a new pop-up at Chadstone Shopping Centre in Melbourne.
Online marketplace MyDeal has poached Catch marketing head Ryan Gracie and named him as its new chief marketing officer. Clothing and accessories retailer Michael Kors has promoted Robin Gendron, its retail and e-commerce vice president of the Europe, Middle East and Africa (EMEA) markets, to president.
Team uniforms promote equality. Team uniforms promote loyalty. When they wear your uniform or branded accessories in public, they become brand ambassadors. Uniforms are a great equaliser. When your employees associate themselves with your brand, they are more likely to feel positively about it. Does your uniform deliver?
With the demand for eco-friendly products and services rising, so is the number of companies exaggerating their sustainability credentials to get a larger market share. Greenwashing is when a company claims to be environmentally aware, but only for marketing purposes. What is greenwashing? Ban and consequences. Green or greed?
Third, retailers leverage the occasion to offer promotions on a whole slew of seasonal items, such as air conditioners, fans, small swimming pools, barbecues and camping accessories. International arrivals boost Songkran spending Thai nationals are not the only target market for retailers during Songkran.
In US federal court, Shein has accused Temu of contracting social-media influencers to make “false and deceptive statements” against Shein in their promotions of Temu.com. If Temu loses, Temu could be forced to curtail what so far has been a key marketing strategy. Temu has asked the court to dismiss the lawsuit. .
Diversity, equity and inclusion (DEI) strategy: Our commitment to DEI has led to the development of targeted strategies that promote a diverse workforce. To remain competitive in the market, we offer attractive salary packages and benefits that incentivise long-term employee commitment.
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