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“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.
Our new Emporium store reflects this approach, with an expanded range of products and a dedicated footwear destination, allowing guests to experience firsthand how Lululemon apparel performs. PT: We are fortunate to have numerous iconic products in our product line that our guests seek out.
Online fashion retailer Shein has signed a strategic agreement with brand development platform Authentic Brands Group to design, manufacture and distribute a line of Forever 21 products. The line is said to leverage Shein’s on-demand production model, which helps reduce inventory waste.
These include the highly anticipated launch of Blue Tab, the brand’s most premium denim line yet, and a renewed focus on creating immersive retail experiences across the region. Im also focusing on our pivot towards becoming a head-to-toe denim lifestyle apparel brand.
The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”
Levi Strauss & Co reported a weaker top line for the first quarter of FY24, which was attributed to the impact of its Russia business as well as a shift in wholesale shipments. Asia’s net revenues were 5 per cent on top of the 22 per cent growth in the prior year, reflecting growth across most markets.
The company offers a diverse product line including activewear, casualwear, and underwear, designed for style-conscious modern men seeking quality and affordability. Vertex Ventures Southeast Asia and India brings deep expertise in scaling startups globally with valuable connections across various markets,” he said. “We
Though most of the supply-chain disruptions the Covid-19 global pandemic caused are over, geopolitical fault lines developed in 2024, with heightened military tensions in the Middle East and global power brokers flexing their muscle to the detriment of the stability and cost of some global supply chains once again.
Affiliate marketing has become a multi-billion dollar industry globally – but in Australia, the concept remains shrouded in suspicion, largely misunderstood by consumers. Its share of the broader e-commerce market is just a fraction of that in China or the US. Around a quarter of affiliate marketers are working in the fashion sector.
Despite shareholders unequivocal approval of Myers deal with Premier Retails Apparel Brands last week, many retail experts remain sceptical of the logic of combining the two businesses. While the luxury and discount markets are relatively unaffected by the cost-of-living crisis, Mortimer noted that the middle-market is really exposed.
IR : How does Nagnata fill in a white space in the apparelmarket? Wool, typically associated with winter apparel and knitwear, was transformed into a versatile fabric suitable for year-round wear and high-performance activities. IR : What have been the highlights in building the brand thus far?
So we decided to build a new service line that allows us to provide other brands the ability to offer a rental solution to their customers, but powered by our platform. The online clothing rental market has come a long way since platforms like GlamCorner and US market leader Rent the Runway launched in 2011 and 2009, respectively.
It will become the latest major retailer to join the line-up of fashion, beauty, leisurewear, outdoor apparel and homewares brands, including Nike, Adidas, Regatta, Trespass and Beauty Outlet. The post NEXT in line at Sterling Mills as Affinity Outlets signs 14,000 sq ft of new Retail appeared first on Retail Focus - Retail Design.
Last week, multi-franchise mogul Kim Kardashian announced the latest addition to Skims, her shapewear and apparelline, 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.
A study released by global apparel and accessories retailer Public Desire confirmed the top 10 most sought-after limited-edition collaborations by analyzing factors such as original price, resale value, price growth, accessibility, and public interest. Why did these collaborations win?
The athletic apparel brands net revenue for the quarter ended February 2 soared 13 per cent to $3.6 Comparable sales rose 3 per cent, with the Americas flat and international markets up 20 per cent. Comparable sales rose 3 per cent, with the Americas flat and international markets up 20 per cent.
The retail industry is in a stir with the sportswear giant Nikes recent announcement that it will partner with Kim Kardashians activewear brand Skims to release a new line of activewear for women dubbed NikeSkims. billion to Nikes market value, which has been struggling as of late. On February 18, the companys share price rose 6.2
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
Athletic apparel brand Under Armour posted revenue of US$1.6 The company, however, still struggles to gain ground in a more challenging market, he added. Apparel revenue increased 3 per cent to $1.1 billion for the second quarter of FY24, flat versus the prior year and down 1 per cent on a currency-neutral basis.
The intersection between fashion’s exclusivity and sport’s universality has created a powerful marketing mechanism. Co-branded athleisure lines Tennis players are an obvious choice for tennis-inspired clothing lines as they embody both the athleticism and lifestyle of the beloved sport.
Amazon has also been taken to task for one of its fashion lines, along with Boohoo, Zalando, Shein and ASOS. This was particularly painful, given Lululemon’s roots in yoga and its marketing theme of a healthy and ethical lifestyle. Neither has it bothered the share market.
Tiger Woods will be sporting a new look when he makes his 2024 season debut this week after he announced on Monday that he has teamed up with TaylorMade to launch a new apparel and footwear brand named Sun Day Red. Over time, Sun Day Red will expand in key markets outside of North America and include footwear, women and kids’ lines.
“Hoka is positioned for its next phase of growth with a portfolio of new store openings marking an important strategic next step both from a sales and brand marketing perspective,” said Hamish Allison, Accent Group’s GM of performance division.
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.
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.
In its results filing, the company said the luxury and apparel & footwear categories are among the strongest performing and it is focusing on bolstering its position in these segments. However, he flagged that the retail sector is a “benefactor” of an extremely tight employment market, household income growth and savings rate.
Andy Lee and Ben Dineen started their gym gear and apparel business out of a shared desire to source products for their own fitness training. Maybe as The WOD Life we were a little bit restricted, but definitely the transition to TWL and Training Without Limits allows us to reach a broader market, shared Lee.
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. The company continues to invest in its comfort technology, such as its podiatrist-approved Arch Fit line and hands-free slip-in shoes.
Dylan Best is the designer behind Melbourne-made apparel brand Best Jumpers, renowned for its utilitarian and unisex designs. I guess that’s the learning process as we open, and it’ll adjust over time as we adapt and change,” Best said about evolving the Hawksburn Village store’s stock in line with locals’ taste.
Jeanswest executive general manager Anne Natale said the old-school apparel retail mindset of dropping a campaign or a promotion every month needs to change and greater emphasis must be placed on communicating a products value proposition to the customer. Retailers need to ask questions such as: How will we keep lines of communication open?
New Balance has entered the beauty market in celebration of opening a premium direct-to-consumer retail store in Australia this December and it smells like luxury on and off the court for the apparel brand. The post New Balance bottles its scent and enters the beauty space with Grey Store appeared first on Inside Retail Australia.
Leveraging insights into their lifestyle, aspirations, and consumption patterns, retailers can position themselves for success in this evolving market. Retailers who fail to authentically embrace these values risk losing market share. Implement personalised marketing strategies, such as targeted email campaigns and dynamic pricing.
Century-old American outdoor apparel brand Eddie Bauer has been bought by Sparc Group, the latest in a long line of high-profile brands to be hoovered up by the investment vehicle, a joint venture between Simon Property and Authentic Brands Group.
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.
Apparel and footwear sales extended 18.9 With a flexible balance sheet and strong credit metrics, Vicinity remains well positioned to navigate market uncertainty and at the same time, invest in its growth agenda,” he said. By segment, luxury and specialty turnover grew by 17.2 per cent while cafes and restaurants registered a 29.3
. “Clothing is the last trillion-dollar industry that hasn’t been automated,” said Eugen Solowjow, who heads a project at a Siemens lab in San Francisco that has worked on automating apparel manufacturing since 2018. The global apparelmarket is estimated to be worth US$1.52 But that’s a sensitive topic.
The Shop, ‘Queen The Greatest’ will be open until January 2022 and will feature a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events. Doug Peters/PA Wire. ART & DESIGN MONTH – NOVEMBER. MAGIC MONTH – DECEMBER.
“Traditionally Alibaba is very dominant in apparel sportswear and cosmetics and skincare, all of these are highly discretionary in nature I do think that these categories are impacted,” said M Science analyst Vinci Zhang. JD.com on Thursday also missed estimates for quarterly revenue. million in GMV.
Given that shoppers in other markets have embraced it, however, the exam question is: Should this be regarded as a permanent or temporary difference? We think the bottom line is that Australian shoppers are remarkably adaptable and channel-agnostic. We suggest only time will tell. So, what is the data saying to us?
Step One may have made a name for itself in the overlooked category of men’s underwear, but its recent launch of a bamboo bra signals its transformation into an intimate apparel brand for everyone. Still, a focus on innovation and the ‘triple bottom line’ remains at the heart of the ASX-listed company.
The focus for Adidas will now be on its “Own the Game” strategy, which it expects will fuel growth, gain market share and “create sustainable value” for its stakeholders. According to Research Dive, the global sports apparelmarket is expected to expand at a compound annual growth rate (CAGR) of 4.8 Behind the breakup .
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 The company is going through what CEO Dain Friis describes as a “v ery rapid expansion ”. “We’ve
Reimagining and expanding a core product offering with capsule collections and brand collaborations to tap into different markets are two ways established brands can provide greater value proposition to existing customers and when executed right, can be a real power move. Globally, the swimwear market was valued at US$19.79
Aeon Mall, Japans biggest mall operator and an increasingly influential one throughout Southeast Asia, has turned in another record quarter for operating revenue, but not every one of its markets is singing from the same songbook. per cent), while traditional mall mainstays like apparel (+2.9 billion yen ($2.1 per cent in China, 13.7
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