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Myer has signed an agreement to acquire Premier Investments’ Apparel Brands business in Australia and New Zealand, in exchange for shares. “The combination of Myer and Apparel Brands is transformational for our business,” said Wirth. million new, fully paid ordinary shares.
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.
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
With the launch of SA1NT Layers, Former 2XU owner Aidan Clarke has gone back to his roots, with a renewed focus on performance and recovery sportswear apparel. We have evolved our moto jeans and fabrics no less than six times, and this obsession to set the standard and keep raising the bar is now driving us to stand out in sports apparel.
When you think about the types of businesses millennials and Gen Z consumers frequent, apparel or beauty brands may come to mind first, but what about home goods? Research shows that millennials make up an increasingly large part of the consumer base for home goods and furnishings, which includes products ranging from bedspreads to furniture.
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!
Rather than seeing this as a hurdle, we view it as an opportunity to engage deeply with our audience, gather valuable insights, and tailor our product offerings to meet the evolving preferences of Singapore’s discerning consumers.” According to Fortune Business Insights, the global apparel market size was valued at US$8.7
Lorna Jane has set the goal of ensuring all black and white apparel contain recycled fibres. Gen Z is highly engaged in sustainability and expects brands to be transparent about their social and environmental impact, Fowler elaborated.
The brand delivers a contemporary approach to mindful apparel, balancing design innovation with quintessential ready-to-wear styles. Bartel and Ring leveraged the engaged community and customer base they had garnered with The Connection to launch Henne with a limited range of base collections.
According to Walmart, while traditional methods of apparel production require the fabric to be cut and stitched, Unspun’s first-of-its-kind 3D weaving technology skips these steps, going straight from yarn to garment, eliminating waste generated by the process: fabric offcuts, discarded unsold inventory and transport emissions.
Consumer interest in retail third spaces American apparel and accessories brand Coach recently opened a Coach Coffee Shop within the Jersey Shore Premium Outlets. The retail strategist emphasised that it is increasingly important to encourage digital engagement in tandem with physical store visits.
US marine apparel label Smallwoods Yachtwear has partnered with Quality Marine Clothing (QMC) to roll out into the Asia Pacific region. The post US marine apparel label Smallwoods ventures into Australia with QMC appeared first on Inside Retail Australia.
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. billion, missing analysts’ expectations of US$23 billion.
Extreme heat and flooding could erase US$65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. million workers in apparel and footwear factories. per cent and there would be 8.64
It offers Pokemon trading card games and other products imported from Japan including collectible figures, apparel and accessories The platforms will also include collaborations with Squishmallows and Funko; licenced clothes and accessories from companies such as APC, Bonpoint, Fossil, and Puma.
“With the majority of the fourth quarter still in front of us, we are focused on deepening engagement with our guests and bringing new consumers into the brand,” said Meghan Frank, Lululemon CFO. The athletic wear brand’s net income soared 41.5 per cent year-on-year to US$351.9 million as revenue jumped 8.7 per cent to $2.4
From humble beginnings as a fitness-focused apparel brand to a global business with a rapidly growing retail network, Staxs journey showcases the power of community engagement, strategic product evolution, and adaptability in a dynamic market.
To cut through the noise, and compete with rising domestic players, luxury brands are increasingly leveraging digital platforms to engage with consumers in innovative ways. Young Chinese consumers looking for socially-driven purchases find these platforms more engaging than traditional shopping.
This time round it was Bonds that reached out to Double Rainbouu, marking the first time the heritage brand has collaborated with a fellow apparel brand. But it’s also exciting for our customers, to kind of keep them engaged as well.” Collaborating with Bonds has been a dream of ours since Double Rainbouu began.
At the end of the day, the customer’s connection with a well-informed and engaging store associate in conjunction with exclusive beauty services, such as Ulta Beauty’s robotic eyelash extension machine, is the winning combination to excite the customer and lead to profit.
The 390sqm flagship will offer the brand’s full range of products, including footwear, apparel, and accessories for running, training, trail activities, lifestyle, and kids. Swiss performance sportswear brand On is opening its first store in Australia at the Melbourne Emporium, marking its 42nd store globally.
Stores that combine e-commerce efficiency with physical engagement such as AR-assisted shopping or experiential pop-ups will thrive. The brands emphasis on inclusivity and mental health aligns with Gen Zs values, translating online engagement into direct sales through integrated shopping features on TikTok and Instagram.
The international success of prominent K-pop artists such as BTS, Blackpink, and Stray Kids has catalysed unprecedented levels of consumer engagement, resulting in expanded market opportunities for merchandising. “Singapore is a key market with a passionate fanbase and high consumer engagement.
During the Tokyo 2020 Olympics, which were delayed until 2021, more than 3 billion people tuned in globally, and digital engagement reached unprecedented levels. Emotional engagement The emotional rollercoaster of victories and defeats creates deep engagement with the event. This might be stating the obvious but it works.
The outdoor apparel brand said the three NFTs were designed based on the relevant functions, history, weather and terrain conditions related to each product. But in fact, every single touch point can become a platform for brands to engage with consumers.”
It is not by accident that Paul Smith has become one of the most recognised names in the apparel industry today. We will explore innovative ways to engage and connect, ensuring that Sir Paul’s values shine through in every communication. We’re excited to build relationships and become a valued part of this vibrant neighbourhood!
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. This hopefully enables customers to engage and connect with the brand.”
Men are increasingly looking for apparel that is stylish, comfortable, and delivers on quality and value. For marketing, were investing in new channels to amplify the True Classic story, grow brand awareness, and attract new customers, all while creating programs that keep our loyal audience engaged and excited.
It provides any person with access to a computer screen, mobile or internet the chance to watch a streamer and interact with them live through the chat function, enabling the audience to engage directly with the person they are watching,” Manuel told Inside Retail. Digital natives. “Twitch is creating a new era of digital stars.
We talked with leading retail experts from Adore Beauty, T2, Coco Republic, Jeanswest, and 2XU about customer loyalty, seamless commerce and customer engagement when the headwinds abound. However, some retailers arent seeing social media engagement translating into sales. How has customer behaviour changed?
Spending on high-end goods, particularly luxury apparel, gadgets and cosmetics, is well recognised among Chinese tourists. Brands should engage with Indian customers on a deeper cultural level.
If the fashion industry really wants to reduce its environmental footprint, Roger Lee, CEO of garment manufacturing firm TAL Apparel, said it needs to have a system in place. “We, TAL Apparel. We see indications that if we do [provide transparency], it really works,” he said. How are the fashion giants taking action?
From acquiring an engagement ring to buying a wedding dress, few life events are as rife with retail opportunities as planning and hosting a wedding. Venetia Fryzer, an Edited retail analyst, noted that bridal accessories have gained popularity in the US market, as lower-ticket items that can be worn from engagement through to honeymoon.
The uncertainty of what one might find keeps shoppers engaged, making the experience much more gratifying when a remarkable item is uncovered. The second-hand apparel market in Australia is predicted to grow from $578.10 million in 2023 to an estimated $1,598.37 million by 2032, reflecting a compound annual growth rate (CAGR) of 11.88
The majority of Australian employers engaged in retail trade have a policy for equal remuneration, according to Workplace Gender Equality Agency (WGEA) data. However, while the figures for the overall retail sector were better than average, some apparel chains have significant gender pay gaps in total remuneration: City Chic at 57.4
Sloane Stanley has announced the return of luxury retailer, Seraphina, to 340 King’s Road, marking the twelfth year running the brand has selected this space to show its collection of timeless, Indian-inspired apparel and homeware. .
The full Fortnite release includes apparel – the Fit Set – a pickaxe-like tool with a sneaker for the axe, a parasail purse glider, look wraps for weapons, free sprays unlocked via challenges and the ‘look’ emote. Brands that put effort into understanding a niche audience achieve richer engagement that goes both ways.
Our research shows that 34 per cent of retail executives say supply-chain efficiencies and improvements are a top customer engagement priority. In one example, Canadian apparel retailer ALDO Group has created a demand-forecasting machine learning model called Delphine.
Apparel, beauty, health and wellness were the biggest beneficiaries at that time. Brand engagement beyond the transaction; FMCG brands should identify what products have higher engagement. The platforms are facilitating this by providing more points of engagement and means to sell.
Balmain’s chief marketing officer Txampi Diz said, “The Balmain Thread builds upon this house’s distinctive strategy of continually exploring pathways that might strengthen our ties with the incredibly engaged, diverse and global Balmain Army.”. Branded worlds. Powered by community.
By segment, Zheng disclosed, we expect the hard luxury segment (comprising luxury jewelry and watch sales) to lose market share in 2025, at an estimated 31 per cent, while soft luxury (comprising apparel, footwear and accessories, such as handbags and belts) will gain share in 2025, reaching 41 per cent.
Compared to a sector like apparel, Friis noted that piercing is a relatively recent addition to the mainstream retail environment. And there is a hunger for the customer to have that ability to further fashion accessorise themselves beyond apparel,” he said. But it’s one with a lot of potential.
Stallworthy credits this to a well-executed prelaunch campaign that built an engaged database ready to buy or rent. “We Your Reformer’s business model is diversified across the retail and software space, creating a robust business that engages customers at multiple touchpoints throughout their buying lifecycle.
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