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Secrets of selling to the 1 per cent

Inside Retail

In July, luxury retail giant LVMH reported a 1 per cent increase in its second-quarter sales, to US$22.7 In July, the S&P 500 Textiles Apparel & Luxury Goods Industry Index, which tracks the performance of companies in the textiles, apparel, and luxury goods industries, experienced a 30 per cent decline compared with the year prior.

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What do Amazon’s Prime Day results reveal about the US retail market?

Inside Retail

According to Adobe Analytics, spending on products like backpacks, lunch boxes, stationery, and other school and office supplies was up 216 per cent across both days, in comparison to daily sales levels in June 2024, while spending for kids’ apparel was up 165 per cent in the same period. appeared first on Inside Retail Australia.

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Inside the latest luxury and concept store openings in the US

Inside Retail

The store offers a curated selection of over 100 plant types, from Anthurium Red to Parlor Palm, organised by size, light needs and pet-friendly options. The store also marks the brands first major foray outside of the Asian retail market, where it has about 470 stores.

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Let them eat $20 smoothies: How Erewhon is reinventing luxury groceries

Inside Retail

How the luxury grocery retail market blew up The market for luxury groceries is driven by three main factors: a growing disinterest in traditional luxury goods, the expansion of wellness culture, and the recent fashionability of food. percent from 2021 to 2022, with the greatest changes seen in eggs, fats and oils, and meat.

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How Saks Fifth Avenue is tapping into the power of personal shopping

Inside Retail

We look forward to continued expansion of the highly personalised service and the expertly curated luxury assortment that Saks is known for to even more clients across the US.” In the same release, the high-end department store announced plans to end the year with 20 new standalone shops across Texas, Florida, and California.

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Why New Balance is putting people at the heart of its new store concept

Inside Retail

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. It also enables consumers to experience the brand in an elevated and curated manner.

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Why Mercari is betting the time is right for bricks-and-mortar

Inside Retail

This enables users of eBay’s US site to purchase some products listed on the Rakuma official shop, primarily apparel and accessories. Mercari was founded and first launched onto the retail scene in Japan in 2013 and launched into the US online retail market just a year later. billion, up from US$1.2

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