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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.
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
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.
The brand has aptly named its environmental, social and governance (ESG) strategy in accordance: We are citizens. Recently the brand announced as part of its ESG strategy and its broader preferred fibre program that it would be expanding its use of recycled polyester and nylon by integrating them into its active essential range.
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!
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.
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
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.
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.
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.
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.
IR : What strategies, from merchandising to marketing and more, does True Classic incorporate to stay ahead in this market? Weve also expanded thoughtfully, adding retail partnerships like our presence in Target and embracing a brick-and-mortar strategy, all while staying true to our direct-to-consumer roots.
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.
Stores that combine e-commerce efficiency with physical engagement such as AR-assisted shopping or experiential pop-ups will thrive. 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.
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.
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
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 if you ask Nolan, he is nurturing a community not a cult: “[Collaboration] is our top strategy for reaching new customers and building community as well,” he said. “In
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. IR : What are some goals you hope to accomplish in your current role?
Strategies for centering the customer was the key theme of day one of the Shoptalk Spring event in Las Vegas, Nevada. Re-imagining Gap for a new golden age All eyes were on retails comeback king Richard Dickson as he sat down with CNBC retail reporter Courtney Reagan to discuss several elements of Gap Incs revival strategy.
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.
Heritage and luxury brands such as Burberry, Gucci, and Tommy Hilfiger have sought new channels to engage a youthful audience. And for the year ahead, these brands need to pay attention and set future-focused strategies. The interesting path forward will be about layering these strategies to suit your retail model and customers.
The apparel brand entered the retail scene in 2002 and quickly became known for its vintage-inspired denim with wide, white stitching and recognisable smiling Buddha and horseshoe logos that were endorsed by celebrity icons such as Paris Hilton, Jessica Simpson and 50 Cent.
“Reebok sort of stagnated in the late ’90s,” Joe Foster, Reebok’s founder, previously told Inside Retail , but clever collaborations and an irreverent business strategy are priming Reebok for its best performance yet. Tapping into sub-cultures is how Reebok plans to avoid returning to its “stagnated” 90’s state.
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. This story first appeared in the November 2024 issue of Inside Retail Asia magazine.
However, retail expert Danny Lattouf, chief strategy officer at The General Store, believes that Disney’s stores may have lost their way over the years, leading to their eventual closure. The company also said it will increase its product assortment to include more adult apparel collections, streetwear, premium home products and collectibles.
A well-executed Invisible PR strategy not only enhances how the brand is viewed but also acts as a safeguard in times of difficulty, providing resilience against challenges. Implementing strategies around Invisible PR requires a comprehensive approach that breaks down internal barriers.
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.
The comprehensive strategic review that she commissioned in March to increase Myer’s profitability and drive sustainable earnings growth has already resulted in the board reversing a previous decision to sell off its house brands Sass & Bide, Marcs and David Lawrence, and exploring a potential merger with Premier Investment’s Apparel Brands.
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 uncertainty of what one might find keeps shoppers engaged, making the experience much more gratifying when a remarkable item is uncovered. 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. per cent.
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. Another strategy with AI is dynamic pricing.
It will enable Nike to extend the reach of its workout program while enhancing brand visibility, and provide Netflix with highly engaging content. This includes access to customer data, which may be used for upcoming product and communication strategies. Cut through the noise. This is already happening,” she said. “In
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 engagementstrategies accordingly. I had zero mentors to learn from.
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. But with clear targets and clear strategies, ambitious does not have to mean aspirational.”. How are the fashion giants taking action?
billion in cash, marking EssilorLuxottica’s first venture into the apparel category. EssilorLuxottica cannot be greedy, this process has to be a long-term strategy,” he added. Earlier this week, the company announced the sale of Supreme to optical retail giant EssilorLuxottica for US$1.5 Is EssilorLuxottica a better fit?
The design process leading up to the 2023 Resort range and post-runway show engagement was vastly different, proving Daniel Avakian is steadfastly changing the system. “To This has become a highly valuable strategy for London Fashion Week, as it offers more relevant channels for engagement and increased connection beyond runway shows.
Earlier this month, popular US-based intimates brand Parade was acquired by Ariela & Associates International (AAI), a global manufacturer of branded and private-label apparel. With smaller but more responsive followings, these micro-influencers helped build an organic and socially engaged audience base.
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.”
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.
In the future, the technology edge could be decisive when it comes to customer engagement and loyalty. The KPMG 2024 CEO Outlook Report found that while ESG strategies remain core to business strategies, CEOs acknowledged that there is work to be done. What about actual customer behaviour?
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.
The Raffles team plans to complete the mall rejuvenation program by the end of the year, with the plan to execute more unique, experiential events and activities to engage shoppers. The post Revealed: Raffles’ strategy to lure back in luxury customers appeared first on Inside Retail. A focus on sustainability.
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
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