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Myer’s acquisition of Premier Investments’ Apparel Brands appears to be the next step in Olivia Wirth’s plan for the department store’s loyalty program, Myer One. But it’s not all about size, Premier’s Apparel Brands’ omnichannel strategy and customer connection align with Myer’s approach to loyalty.
From attempting to open his first store at 19 to successfully running the eponymous apparel brand for 40-plus years, few retailers have careers rivalling that of Hilfigers. A new look for New Balance During one of the last panels of the day, Joe Preston, the CEO and president of New Balance, spoke with Brad Smith, anchor for Yahoo!
If we let it, the voluntary administration of Mosaic Brands can show us the downside of having a large store network while the sale of Premier Investments’ Apparel Brands can show us the upside. The combination of Myer and Apparel Brands is transformational for our business,” said Myer’s executive chair, Olivia Wirth, in a statement. “If
The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed. Chemist Warehouse will have responses to ACCC concerns including the competitive balance provided by Wesfarmers API and the expanding Priceline Pharmacy and Terry White Chemist chains.
billion brand US Polo Assn, followed by childrenswear lines in the BMG portfolio, including New Balance Kids and Juicy Couture Kids. The opportunity to meet consumer demand is more than apparent with the Australian children’s apparel market tipped to have a value of about $5.39 First up is the US$2.4
Retailers faced with rising delivery costs driven by shippers can implement several strategies to mitigate the problem, said Pope. link] “One is a multi-carrier strategy. Another strategy, she says, is to automate fulfilment. This is especially true with women’s apparel, for example. “We’ve
CEO Calvin McDonald recently discussed the strategy with CNBC s Sara Eisen at the National Retail Federation conference in New York. We arrived early on our Power of Three strategy, so Ive been fortunate to be able to double the business and were on path to double it again. Sara Eisen : I want to talk about you and your journey.
The brand delivers a contemporary approach to mindful apparel, balancing design innovation with quintessential ready-to-wear styles. I don’t like when there’s too many items on the rack, I feel like that can be overwhelming, Bartel said. Henne was founded in 2019 by Bartel, her sister Michelle Ring and friend Laura Broque.
Yahalom told Inside Retail that the key ingredients behind True Classics exponential growth is striking the perfect balance between delivering tailored fits, unmatched comfort and accessible pricing. IR : What strategies, from merchandising to marketing and more, does True Classic incorporate to stay ahead in this market?
Throughout its history, Descente has expanded beyond skiing into cycling, running, golf, training, and high-end functional apparel. The growing interest in golf aligns with Descente’s product focus, creating an opportunity to tap into a market-rising demand for performance-driven athletic apparel,” Zhong said. billion this year to $13.28
It is not by accident that Paul Smith has become one of the most recognised names in the apparel industry today. I like to think that gives me a well-balanced view of what drives a brand and a region towards one common goal. IR : What is your approach to trying to maintain a work-life balance?
In the fiercely contested and competitive footwear and apparel space, New Balance is one of the fastest-growing global sports brands, with the organisation attracting and engaging the next generation of customers. New Balance is also expanding in Australia, this month opening a new concept store in Bondi Junction , Sydney.
Old sport, New Balance approach. New Balance recently signed a three-year deal as the official performance apparel and footwear provider of the Australian Open and United Cup. This means the brand will have a retail presence at the Grand Slam Oval and a custom AO co-branded line of apparel.
Investing in display strategies can help companies increase their influence and revenue. It’s crucial for sports and outdoor companies to implement display strategies catered to their target audiences and placed in the right location to attract attention. Read on for some of the best display strategies for this vibrant industry.
New Balance recently revealed a new retail concept store at Paragon Shopping Centre in Singapore centred on experience and carrying a curated selection of footwear and apparel that caters to athletes and fashion enthusiasts. Brand values Hefer said that the New Balance brand has always been known for quality, fit and craftsmanship.
An untapped apparel market Consumer demand for gender-neutral clothing or unisex fashion styles has been growing in recent years. As the founder explained, many fashion labels use superficial strategies to appeal to trans or non-binary consumers, such as using LGBTQIA+ models in their campaigns without making any changes to their products.
Prior to joining the apparel company, Dickson was president and COO of Mattel for nearly 10 years and played a key role in the successful revival of the Barbie franchise. Thoughtful strategies, a commitment to doing what we say were going to do, and continuous improvement with a calm sense of urgency have served us well in the short term.
In an ever-evolving and rapidly changing world of fashion, staying relevant and profitable by offering the most on-point fashion collections is one of the biggest challenges for the apparel industry. In this landscape, understanding your market, benchmarking your offerings against competitors and aligning your pricing strategy is paramount.
Rare Beauty, launched by Selena Gomez in 2020, swiftly built traction among Gen Z by blending influencer collaborations, authentic storytelling, and platform-specific content strategies. By balancing purpose-driven marketing with authentic content, Rare Beauty highlights how social commerce can thrive in a Gen Z-focused marketplace.
Retailers faced with rising delivery costs driven by shippers can implement several strategies to mitigate the problem, said Pope. link] “One is a multi-carrier strategy. Another strategy, she says, is to automate fulfilment. This is especially true with women’s apparel, for example. “We’ve
This year’s Australian Open will be sponsored by the likes of Ralph Lauren, Louis Vuitton, New Balance and Rolex – positioning tennis as a rival with the races for sport’s most fashion-forward event. Recently brands have partnered with the tournaments themselves to create co-branded apparel lines.
The economic realities and financial empowerment With the cost of living at an all-time high, second-hand shopping has also become a financial strategy for many Australians. The second-hand apparel market in Australia is predicted to grow from $578.10 million in 2023 to an estimated $1,598.37
IR : How do you balance working as a doctor and elective surgeon, and running Queensland Football Club? Whether I have work-life balance is always a discussion worth having. It requires a bit of psychological trickery to [tell myself] that I have work-life balance. IR : Can you discuss your social media strategy?
As I listened to customer feedback, I made a strategic shift, pivoting the company towards apparel, and that’s when sales really took off! You need to know their preferences, behaviours, and the platforms they frequent, and tailor your content and engagement strategies accordingly. I had zero mentors to learn from.
Ralph Lauren has been titled the official outfitter of the Australian Open and New Balance the official performance apparel and footwear partner for the Australian Open. While the two heritage American brands are busy dressing players, ballpersons and invited guests, Australian brands are busy activating for the crowds and fans.
The range strikes a fearless balance between the underground grunge scene and world-class couture. The DA Real Time Fashion platform, launching later in 2022, will incorporate a scalable supply chain, fast-to-market apparel production, remote customer 3D body-scanning, photorealistic avatars, virtual retail, and fashion NFT’s.
Under her leadership the business balanced out, but the damage to its reputation as being a leader in the accessible fashion space had been done. Its decline is due to a combination of poor market positioning, confusing product strategies, a declining middle class consumer market and too much similarity with Kmart,” the pair wrote.
Fast forward four years and it’s undergone a major turnaround with a fresh re-brand, a successful apparel offering and international growth on the horizon. One of the big things that we did was diversify into apparel, which has now had two years in the business. But there have been no sacred cows.
They join a host of Aussie-born apparel and lifestyle brands, including July, Princess Polly, Culture Kings, Bared Footwear, Papinelle and Frankie4, that have been expanding their omnichannel presence in the American retail landscape over the past few years. “The Passing fad or long-term trend?
Inside Retail spoke with Stephanie Tham, director of brand & marketing at Outdoor Venture, to learn about the new retail concept and the companys marketing strategy. IR : With the rise of e-commerce, how is RL2 balancing physical store expansion with digital retail growth? How does it differ from the original Running Lab stores?
American specialty apparel retailer Zumiez has reported net loss of $51 million for the fourth quarter, compared to net income of $17.3 million in the prior-year period. The company, which has 25 stores in Australia, posted flat net sales, which were up only 0.6 per cent year on year to $429.3 For the full year, net sales dropped 8.6
In an exclusive interview, J Michael Prince, president and CEO of USPA Global, told Inside Retail about the pivotal strategies that have fueled the brand’s success. “We It maintains its unbreakable bond with the USPA and continues to be its official apparel partner,” he noted. With a resounding $2.4
It’ll free up more financial resources for us to put into our growth strategy […] And I think it will naturally also just elevate the company and all of its brands as we compete for talent, as we compete for resources,” Haselden added.
Here, she discusses her strategies behind Oroton’s current era, the balance between physical and digital in an omnichannel offering and her thoughts on diversity and inclusion. Apparel gave us that freshness and that frequency of thought with the consumers. Apparel will start to be more prominent in how we show up.
But given the economic headwinds for middle Australian consumers, you could argue every retailer has the same objective right now, especially those selling apparel. Pricing, branding and product Right now, B&L has high-low pricing – a pricing strategy that relies on sale promotions – versus Kmart’s everyday low prices.
In addition to footwear, the solo operation slowly but surely expanded into other retail categories including beauty, apparel and accessories as it grew into an internationally recognised retail chain. In 1901, forward-thinking entrepreneur John W Nordstrom opened a luxury shoe store in Seattle, Washington.
Ugly fashion connotes clashing patterns, clunky or seemingly random details, and a louder-than-life presence, and its rising popularity has relevance for the mainstream apparel industry at large. Carter also noted that Crocs’ collaboration strategy has helped boost its popularity and establish it as a cult brand.
As such, brands must be diligent about constantly developing new products and having the right pricing strategies in place, with inventory levels that are linked to forecasted sales. He told Inside Retail that fashion customers are known for moving easily between brands. He said the market will punish brands that get any of this wrong. “[One
This has resulted in the brand’s footwear and bags being manufactured in Italy, with some leather apparel produced in Turkey. “Wherever we cannot, we will chase the best craftsmanship around the world to get what we need,” Woods added. Some of our more technical knitwear is out of China and then we’ve got others out of Portugal.
However, balancing exclusivity with sustainability presents a challenge for luxury brands. This balance can be achieved by rethinking traditional notions of luxury to include ethical production, reduced environmental impact, and social responsibility.
In June, condiments brand Heinz teamed up with American fashion label Kate Spade to launch a limited-edition collaboration, with a wide array of ready-to-wear apparel, bags and accessories ranging from $45 to $398. Finally, there is often a unique overlap between consumers’ interests in both food and fashion.
Duck is a premium modest fashion brand that offers an array of apparel, scarves, bags and halal cosmetics. FashionValet was born in November 2010, an online platform selling apparel from various local designers. It soon expanded to other categories: bags, cosmetics, apparel, home and living.
Over the past 18 months, my wife [Merry People’s Danielle Holloway] and I have both balanced being CEO’s with our son Jack,” Pearce wrote on LinkedIn. Prior to Burberry, Ward-Rees served at Dior Homme as managing director and at Speedo as the worldwide head of swim and apparel.
Customers will also be able to create and purchase apparel based on their NFTs or sell them through the HN NFT Vault. The move is part of the company’s climate strategy and a roadmap to achieving net-zero by 2050, following its pledge in a Science-Based Targets initiative (SBTi) Business Ambition for 1.5°C
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