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Retail sales increase 2.3 per cent in July

Inside Retail

Australian retail sales moderately improved in July, which Australian Bureau of Statistics (ABS) data attributed to the continuation of mid-year sales. billion, with the ‘other retailing’ segment, which includes cosmetics, sports, and recreational goods, recording the highest growth, of 5.5 Food jumped 3.2

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Australia’s retail sales growth can’t last. Here’s how to prepare for it

Inside Retail

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales 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.

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Lululemon’s ANZ boss talks menswear, personalisation and a new, premium flagship

Inside Retail

The recent opening of Lululemon’s new flagship at Emporium Melbourne marked a key milestone for the brand and its robust growth strategy in the region. Inside Retail spoke with Paul Tinkler, vice president of Lululemon ANZ, about the significance of this opening and how it fits into the activewear brand’s broader business strategy.

Strategy 264
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Vietnam malls: Was Vincom’s saturation strategy the right move?

Inside Retail

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 retail sales and a sound economy, is concerning. appeared first on Inside Retail Australia.

Strategy 130
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Analysis: a perfect retail storm is brewing

Inside Retail

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Consumer 278
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Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025

Inside Retail

Its not a bad ploy and it fits well with the broader expansion strategy, but even so, this is a company with much greater ambition than selling pens to students. According to the company, Thailands retail sales increased by 8.9 Indeed, 2025s business plan includes piloting large-format stores in such locations.

Expansion 130
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No one will escape: Industry leaders on navigating the retail recession

Inside Retail

Regarding his own businesses, Brookes is reducing profitability expectations over the next 12 months, and focusing on investments in acquisitions and new stores, as well as pricing and marketing strategies. We’re particularly seeing it in areas such as electronics and homewares, and are starting to see it in apparel and accessories.” “As

Consumer 246