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French outdoor adventure and lifestyle brand Salomon has recently become a staple of style-conscious sneakerheads, despite traditionally being known for its functional hiking and trail apparel. He attributes this new positioning to driving the huge growth of the brand in the Australian and New Zealand markets.
.” The campaign showcases the dedication required to become a champion through rigorous daily physical and mental training, while highlighting the latest men’s training apparel, including the brand’s Metal Vent Tech franchise. With an ambitious goal of reaching US$12.5
A prospective backdoor listing and a marriage of convenience have enlivened end of financial year stock market prognostications. The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed.
Canadian activewear brand Lululemon Athletica aims to double its business through category, retail and marketexpansion and product innovation. And then globally, we’re now in over 26 markets with single-digit market share, and we have a unique position in almost every market we compete in.
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. The post Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025 appeared first on Inside Retail Australia.
Apparel firm Accent Group has entered into an agreement to buy up the Glue Store and Next Athleisure businesses for $13 million. Glue Store, along with the NAL wholesale and distribution business, provides an established and complimentary platform to accelerate our fast growing apparel business.”.
Fast Retailing, the parent company of Japan apparel retailer Uniqlo , has announced the locations for 11 new stores in the US, on its way to a target of 20 openings in North America this year, which in turn is the first instalment on its plan to reach 200 stores in 2027. The post Uniqlo’s US expansion: Has the parent learned its lessons?
“Vertex Ventures Southeast Asia and India brings deep expertise in scaling startups globally with valuable connections across various markets,” he said. “We We believe the guidance and support from Vertex will significantly accelerate our strategic entry into new regional markets.”
New Zealand outdoor and lifestyle retailer Kathmandu has taken the wraps off its major global rebrand today, shifting its focus to become more accessible, inclusive and fun, as it prepares for international expansion into Europe. I think globally, outdoor apparel has become more and more part of mainstream everyday wear.
The demise of the unattainable, airbrushed and aspirational model, and the movement towards a more realistic reflection of society in the intimate apparel retail sector, is not merely a trend, it’s a new way of doing business. It was valued at US$200 million in 2022.
Apparel giant Inditex says its net revenue grew by 7.1 The company continued its expansion, with 45 new store openings across multiple markets. per cent, reaching US$29.04 billion (27.4 billion) for its first nine months. The company says the results reflect strong growth for its physical stores and online channels. billion (16.3
“As Singapore is a strategic gateway to the Southeast Asian market, it was imperative that we launched stores here,” Washing Zhong, country manager at Descente Singapore, told Inside Retail. Throughout its history, Descente has expanded beyond skiing into cycling, running, golf, training, and high-end functional apparel.
2025 marks a year of accelerated growth, with a strong focus on premiumisation, direct-to-consumer expansion, and a broader lifestyle offering beyond denim. Nuholt Huisamen: This year, Im looking to continue our bricks-and-mortar expansion in the region, especially within the East Apac region. For Levi Strauss & Co.,
Propel Group is selling its water-resistant coat and apparel brand Driza-Bone to billionaire mining magnate Gina Rinehart via her S Kidman and Co pastoral company. Driza-Bone, acquired by Propel Group in 2008, was merged with country apparel retailer RB Sellars in 2017. The brand marked its 125th-anniversary this year.
The stores opening represents more than a milestone in Staxs physical retail expansion; it is the culmination of years of strategic planning, innovation and adaptability. The new retail vision marks a bold step in Staxs journey of redefining what a retail space can be in the competitive athleisure market.
From eye-catching brand partnerships to strategic category expansion, Farm Rio is slowly but surely taking the world by storm, one tropically patterned print at a time. The two decided to fill in the white space themselves and started with a small booth at an independent fashion market. Tropical fruits and flowers. Jungle prints.
Last week, multi-franchise mogul Kim Kardashian announced the latest addition to Skims, her shapewear and apparel line, with the launch of a new product range dubbed S k ims Men. In addition to the expansion of the menswear market, there is also a growing demand for innovation within the men’s underwear industry.
US marine apparel label Smallwoods Yachtwear has partnered with Quality Marine Clothing (QMC) to roll out into the Asia Pacific region. The collaboration aims to capitalise on the respective strengths of both companies and expand their reach in the marine clothing market. We take immense pride in representing them in our region.”
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. In contrast, prices in the pre-loved market can change based on how rare it is. million KRW ($1029).
Greater China, Amer Sports’ second-biggest market, saw sales jump 56 per cent during the period. While major global retailers have encountered significant setbacks in penetrating the Chinese market, niche sportswear brands have demonstrated a markedly different pattern. billion during the third quarter. billion yuan ($4.73
The second-hand apparelmarket in Australia is predicted to grow from $578.10 This massive expansion only strengthens the increasing consumer demand for pre-loved or secondhand fashion and accessories. As the stigma continues to fade and the market evolves, the second-hand revolution is well and truly here to stay.
Despite modestly positive expectations for 2024, the luxury retail market did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion.
Dubai-based retailer and distributor GMG and US-based apparel and footwear company VF Corporation recently announced a significant expansion of their long-standing partnership to solidify their presence in the growing markets of Southeast Asia (SEA) and the Middle East and North Africa (MENA).
This will be the first time Peter Alexander ventures outside of Australia and New Zealand since its failed entry into the US market in 2008. Some analysts have described Peter Alexander as an “unproven” brand outside of Australian and New Zealand markets. million for its first-half sales results. “We
Sydney-based womenswear label Sotto Brand has made its debut at New York Fashion Week with its SS24 collections, eyeing global expansion. The company said the debut at NYFW kicked off the brand’s expansion strategy and helped the brand further grow its global presence.
Five years after launching into the market with its hero product, a true-blue fitted t-shirt, the brand now operates 9 brick-and-mortar stores, alongside thriving direct-to-consumer and wholesale operations. BY: We identified a gap in the market for high-quality, affordable basics that fit well and stand the test of time.
Tapping into this much-underserved market has led to steady growth for Both& since it officially launched in 2020. An untapped apparelmarket Consumer demand for gender-neutral clothing or unisex fashion styles has been growing in recent years. per cent from 2022 to 2030 to reach an impressive $3.2
If not entirely mainstream today, period underwear and other leakproof apparel are certainly more common than they were 10 years ago, so it’s not surprising that brands are starting to rethink how they advertise these products, too. Leakproof apparel is no longer niche, and our evolved brand identity reflects that.
Focused on high-quality, ethically-made apparel using natural fabrics, Papinelle was founded in 2003 by Renae James with a stall at Sydney’s Paddington Markets. We look forward to providing strategic assistance to the Papinelle team as they continue their international expansion and capital to accelerate growth.”.
The other overseas markets are the UK, France, Germany, Ireland, Netherlands, and Canada. The expansion follows years of explosive growth and a US$400 million investment from SoftBank Vision Fund 2, which took its value to $4 billion as of last October. .
The brand’s offering is a perfect addition to our portfolio with opportunities for category expansion into apparel, accessories, outerwear, travel and more. There is a significant addressable market, presenting opportunities for the brand to evolve into a full lifestyle offering with a focus on innovation and comfort.”
The expansion reflects the brand’s efforts to solidify its position within the local market, with additional store openings on the horizon to close out 2024. Takuya Saito: Well, we looked for expansion opportunities and we already had a store in Chadstone. Highpoint is just the beginning of our expansion Journey.
Now, the at-home pilates provider – which sells and rents reformer pilates machines, or beds, and operates an on-demand platform of exercise videos – is embarking on a global expansion. Examples include collaborating with a digital performance marketing agency and a filming team for Your Reformer’s on-demand exercise video platform.
The company is going through what CEO Dain Friis describes as a “v ery rapid expansion ”. “We’ve We’ve had a look at the opportunities within the market globally. The other opportunity is taking SkinKandy’s team of experiential piercers with safety, compliance and technical expertise to a mass-market retail environment. “I
Norris said the appointment of “four exceptional businesspeople” will take Aje Collective to new heights as the company pursues ongoing domestic expansion and offshore growth. Aje Collective now has 42 stores across Australia and New Zealand and online stores serving 221 countries and markets.
Global plus-size women’s apparel retailer City Chic has seen unaudited sales revenue of $178.3m He noted that the particularly strong performance in the United States demonstrates potential for future expansion of the company to international markets. for the 26 weeks to 26 December, creating sales growth of 49.8 per cent. .
Premium sportswear brands are enjoying robust growth in China as they take to directly courting their main customers, posing yet another setback to megabrands Nike and Adidas as they grapple with local competitors in the $55 billion sportswear market. But the more share they take out of the market, the less there is left for everyone else.
Cross-border shoppers from the international markets which purchase the most from UK brands and retailers are also among those with the highest concentration of omnichannel consumers, the latest Global Voices report from ESW shows. To learn more, download the full report: Omnichannel Commerce: Creating Value for Your Brand and Your Customers.
Outdoor apparel retailer KMD Brands has reported a “record” first half driven by strong sales recovery across all three of its brands. per cent supported by sales recovery across its Australasian markets and in Hawaii. For the six months to January 31, sales grew 34.5 per cent to NZ$547.9 Rip Curl achieved $306.4 per cent to $47.5
It is not by accident that Paul Smith has become one of the most recognised names in the apparel industry today. Inside Retail connected with Danny Power, president of Paul Smith North America, to learn more about his overarching goals for the brand’s international expansion and how he started his retail career.
The growth experienced by CSB can be felt industry-wide as the demand for active apparel in the Australian market proves insatiable. The report also predicted that the industry will have a compound annual growth rate of 6 per cent until 2025, forecasting the sportswear market in Australia to reach $11.7 billion market, $4.3
While design can be managed from anywhere, logistics can be intimidating to many apparel companies contemplating expanding abroad. To thrive in international markets, always start with a customer-centric approach. Agility is crucial as you navigate through diverse markets.
billion in cash, marking EssilorLuxottica’s first venture into the apparel category. per cent of the luxury eyewear market. The advantage is that the streetwear label is backed by an investor who is performing and knows global markets. Opportunity in Asia In the past year, Supreme has ramped up its expansion in Asia.
Skechers has selected actor Lawrence Wong as its Singapore brand ambassador for the second year running, in an ongoing effort to strengthen its appeal to a broad consumer demographic in the saturated market. As a result, there has been a surge of interest in footwear and apparel that provide great walking and running experiences. “We
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