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Retailsales improved in October, with cosmetics, sports and recreational goods leading the increase, Australian Bureau of Statistics (ABS) data showed. Retailsales during the month climbed 3.4 billion, with other retailing – which includes cosmetics, sports and recreational goods – soaring 8.4 per cent to $5.85
The latest retailsales figures are really quite incredible. According to the Bureau of Statistics (ABS), retailsales rose by 0.6 But clothing, footwear and accessories are up 2 per cent, food retailers are up 1 per cent while cafes and restaurants are also enjoying a 1.3 per cent bump.
per cent like-for-like retailsales growth, opened 42 new stores, secured the distribution rights for Dickies and Lacoste, divested The Trybe business and made progress on the closure of underperforming Glue stores,” said Daniel Agostinelli, Accent Group CEO. . “During the half, the company delivered 2.9
Data shows the rapid increase in online shopping that defined the first year of the global pandemic has started to fade, as the novelty of lockdowns wears off and government stimuluses run out, and online retailers that once enjoyed record highs are now working harder to drive sales. This time last year, we were all still in lockdown.
Indeed, 2025s business plan includes piloting large-format stores in such locations. For 2025, the companys business plan is to end the year with about 200 stores. According to the company, Thailands retailsales increased by 8.9 The gross margin percentage of revenues in the third quarter was 52.8
Retailsales are extremely patchy and discretionary spending is down,” stated Garland. The ones that can afford it really don’t need it as they are established brands with strong distribution, retail and PR already put in place,” she added.
National retailsales fell 1.7 The data, care of the ABS, demonstrates the prolonged impact lockdowns around the country are having on the retail industry: clothing, footwear and personal accessoriessales fell 17.4 There’s little consistency across the three reopening plans,” Zahra said.
Footwear retailer Accent Group ‘s net profit plunged amid higher sales in the last fiscal year. million despite sales increasing 2.7 However, like-for-like retailsales fell to 1.7 For the current fiscal year, the company plans to open at least 50 new stores. Like-for-like retailsales jumped 3.5
Accent Group’s sales in the first 19 weeks of FY24 remained flat but the fashion and footwear company is still on track to open 70 new stores in the first half of the fiscal year. The company said that its owned retailsales went up 2.1 per cent while like-for-like sales declined 2 per cent.
Retail is booming and rents are, too, in the main cities Vincoms performance took place against the backdrop of booming retailsales. National retailsales tabulated by Vietnams National Statistics Office (NSO) grew by a hefty 9.0 The economy grew by 7.1
Vincom Retail is Vietnam’s biggest mall operator by dint of opening malls here, there and everywhere, but is this the right strategy? Its continuing stagnation in key operating metrics on a year-over-year basis, despite rising retailsales and a sound economy, is concerning. per cent in the first nine months of the year.
Established as a denim brand in Italy in 1981, Replay sells a comprehensive range of apparel, accessories and footwear for men, women and children under the Replay, Replay & Sons and We Are Replay brands. PAS Group plans to open three to five Replay stores before deciding on a broader rollout. Fills a gap.
Retailsales increased by 1.3 per cent increase in clothing, footwear and personal accessories. Retailsales are still well ahead by 16.5 Total sales for the Super Retail Group, one of Australia and New Zealand’s largest retailers, increased by 2.8 per cent month on month in July and are 16.5
Solomon Lew’s plan to spin off Premier Retail into individual business units, announced in August, appears to be moving full steam ahead, as kids’ stationery brand Smiggle and sleepwear brand Peter Alexander investigate potential international expansions. Lew wouldn’t disclose who Premier Retail’s partner in UAE is.
US department store Nordstrom has teamed up with Instagram page-turned-online marketplace Black Owned Everything to spotlight four up-and-coming Black-owned fashion and accessories brands alongside global sneaker giants Nike and Jordan as part of its Nordstrom x Nike initiative.
Chinese consumers are typically known for lavish spending on high-end handbags, clothes and accessories that sustain Western luxury brands. The economy narrowly escaped contraction in the second quarter and retailsales grew a measly 0.5 Western luxury brands, in particular, are hurting.
For the year to July 2, the total sales grew 24 per cent to $1.57 Online sales achieved $260.5 per cent of total retailsales while like-for-like sales for the year grew 10.2 Strong sales were achieved across all major banners including Platypus, Hype DC, Vans, Skechers, The Athlete’s Foot and Dr Martens.
The current tourism high season has been strong but still not up to pre-pandemic levels, because of the elevated cost of air travel and the absence of tourists from China, who have found it extremely difficult or impossible to plan overseas holidays. In China itself, rents in the main cities are still on a downward trajectory.
In that role, he was responsible for product sourcing, buying, design, marketing, wholesale and retailsales, brand positioning and organisational development. Over the past 20 years Brown has had a “uniquely diverse” fashion retail background, said Duncan, spanning strategic planning, brand management and customer service.
MLB offers a wide variety of categories from shoes, bags, apparels to accessories. It will be a very exciting year for the brand with more expansion plans in SEA this year across Malaysia, Singapore and Indonesia! The brand offers good quality and on-trend lifestyle fashion that caters to a broad audience. Stay tuned,” he said.
November has become an influential month in the retail calendar with sales events such as Black Friday, Cyber Monday, Singles Day and Click Frenzy all in quick succession. And according to a recent survey by Finder, 46 per cent of Australians plan on taking advantage of the deals on offer.
billion in global retailsales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4 Prince said the trend is to be ‘everywhere your customers are’.
Women’s fashion brand Sheike has announced plans to open its first store in South Australia off the back of strong online engagement in the state. It’s a really vibrant space, and we’re so excited to open,” Sandra Kennedy, Sheike’s general manager, told Inside Retail.
José Antonio Ramos Calamonte, who took over the role in June, wants to prioritise profits over sales growth and win back the company’s 20-something fashion-conscious customers after the group stumbled following the pandemic. On the sales front, the CEO forecasted continued volatility. per cent on the year.
The head of retail at Accent Group’s Hype DC, The Trybe and Subtype ispassionate about championing retail as a career, and a lucrative one at that, and firmly believes that leaders can lead with empathy and get commercial results. A year later, the children’s footwear retailer Trybe was added to her plate.
However, e-commerce only accounts for 18% of global retailsales. Mannequins are ideal for displaying clothing and accessories. However, more retailers have started using them to sell jewelry, makeup, perfume, hair accessories and other add-on items. In-Store Shopping Experience. Mannequins. Inline Displays.
With shoppers often buying sweets, custom-made apparel, accessories and jewellery, White Day offers e-commerce platforms a huge opportunity to fulfil consumers’ needs. The share of respondents in the Statista survey who said they were planning to spend more was the highest in India, at 76 per cent.
Immediate family members will receive 88 per cent of these purchases, with just under a third of respondents planning to buy gifts for extended family members, and just shy of half of respondents also gifting to friends. per cent higher than last year, with ultra-luxury brands expected to be most disappointed in sales this year.
Here, Lesley Rulloda, vice president of global merchandising for NBA Asia, chats with Inside Retail about the organisation’s retailplans in the region, and how it is seeking to harness the success of, and huge support for, Australians in the NBA. Do you think the physical locations are or will enhance online sales?
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