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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
The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed. The Myer takeover of Premier Retail’s apparel brands seems certain to succeed as part of Solomon Lew’s restructure of his retail investments. The post A marriage of convenience?
Alistair Winning, Asset Manager at Sovereign Centros from CBRE, on behalf of Merry Hill, commented : “Merry Hill is a centre where brands not only succeed, but thrive, exemplified by the expansion of Footasylum.
The receivers and managers of Mosaic Brands Group announced the closure of the apparel brand on Thursday. Mosaics Rivers brand, along with its stores, will close by mid-April after a sale of the business could not be achieved. The shutdown will impact 136 Rivers stores and approximately 650 employees.
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.
Kenny Murray, General Manager comments: “ McArthurGlen Designer Outlet Cheshire Oaks is delighted to welcome lululemon to our retail line up to coincide with our reopening April 12 th. The post McArthurGlen Designer Outlet Cheshire Oaks to welcome athletic apparel brand lululemon appeared first on Retail Focus.
Over the past 12 months, we have been building up our selection of products, investing in our operations network, and opening new fulfilment centres, said Anthony Perizzolo, general manager of delivery and supply chain for Amazon Australia.
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.
Railpen , manager of the £34bn railways pension scheme, has announced that Under Armour, the leading global sports apparel brand, has opened its biggest outlet store in Scotland at Caledonia Park.
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.
He started in the company as an intern in 1994 and became the EMEA export sales manager in 1996. Over the years, Meyzenq held several leadership roles at Salomon including SVP for footwear and bags, VP for footwear, and business director for EMEA apparel and footwear.
During the past year, the outdoor apparel brand launched three stores in the country. Hayden Stevens, AU/NZ marketing manager at Arc’teryx, said the brand was continuing to expand its Australian experience and the new flagship would provide Melburnians easier access to its range.
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. I think bringing on 600 or 700 smaller stores only dilutes management focus, he added. In FY24, Myer generated $3.27 billion in revenue, down from $3.36
The brand delivers a contemporary approach to mindful apparel, balancing design innovation with quintessential ready-to-wear styles. Henne has a dedicated customer relations manager who is responsible for emailing and texting with customers and providing a bespoke brand experience.
Ripcurl needed a solution for managing thousands of visual assets across its retail network. SignManager’s intelligent asset management system was the key, according to Reilly McHugh of SignManager. Ripcurl could now holistically manage all displays, imagery, and print media, accounting for each store’s custom assets.
The department store chain has yet to name the appointees for the newly created roles of GM of merchandise for beauty, accessories and services and GM of merchandise for women’s apparel.
Linda Whitehead, former group GM of apparel label Jay Jays, is brand CEO. Lays started searching for its store manager last week, according to a LinkedIn post of head of people and culture Bri Brown. Honey Birdette’s former global CEO Julie Hastings is COO.
“This dual-pronged approach enables us to test regional and international expansion strategies while leveraging established distribution networks in both markets,” he said, adding that given the similarities in ecosystems and values, Southeast Asia presents a significant growth opportunity due to the increasing demand for quality basic apparel. “As
Although retailers typically accept returns as a cost of doing business, more and more are struggling to manage the onslaught of returns caused by online shopping. 4 Apparel leads the pack for the number one category of product returns at an estimated 46.5%. 1 The return rate jumps to 17% higher than usual during the holiday season.
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
Apparel firm Accent Group has entered into an agreement to buy up the Glue Store and Next Athleisure businesses for $13 million. Under Accent Group, Next Athleisure will be transformed into a new division named ‘Accent Lifestyle’, with current chief executive Darren Todd joining Accent Group as Accent Lifestyle’s group general manager.
Led by co-founder and creative powerhouse, Mikey Nolan, Double Rainbouu has managed to carve out its own lane in the Australian fashion industry and gone on to make a name for itself internationally, specifically in the US, European and Japanese markets. “I Its elevator pitch was that it aimed to be “the antidote to traditional resort brands.”
“Items are returned to Amazon for many reasons – sometimes a product is just not what a customer is looking for, or perhaps there’s a cosmetic defect or the packaging is damaged,” said Amazon Australia country manager Matt Furlong. These items can’t then be sold as new, but are still great quality and are in good working condition.
Founded in Liverpool by former athlete brothers Tom and Phil Beahon, Castore is opening its first store in NI where it will continue to push the limits of hybrid apparel and offer high-quality performance sportswear to customers.
The store is designed to allow visitors the opportunity to experience the full scope of what Salomon has to offer—from premium footwear, apparel and gear for running and hiking to skis, snowboards and winter apparel. Sneaker fans can find a full wall of Salomon’s increasingly in-demand Sportstyle footwear.
Once positioned at the pinnacle of the American apparel industry, the BCBG Max Azria Group faced a series of fiscal and operational difficulties, which led it to file for Chapter 11 bankruptcy protection on February 28, 2017. Neil Saunders, managing director and retail analyst at GlobalData, had a bit more of a cynical perspective.
Nuholt Huisamen, managing director for East Asia Pacific at Levi Strauss & Co., Im also focusing on our pivot towards becoming a head-to-toe denim lifestyle apparel brand. For Levi Strauss & Co., shares with Inside Retail his top strategic priorities for the year ahead.
The fashion retailer – which sells more than 100 ‘trend-led’ apparel, footwear and accessories brands including Champion, Perfect Stranger, Tommy Jeans, Thrills, and Wrangler – forecasts annual group sales to rise 9.7 “We’ve maintained a steadfast focus on managing margins, optimising inventory and controlling costs.”
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. The US luxury retail market was worth US$134.6
Arc’teryx Equipment, the global design company specialising in technical high-performance apparel and equipment, continues its retail expansion in Europe with a new London store. The new Arc’type store in Covent Garden Long Acre will feature a rebranded micro-store concept, centred around 22 of the brand’s most renowned designs.
Plus-size apparel company City Chic has sold its Evans brand to AK Retail Holdings for GBP8 million (AU$15.5 We are continuing with the rationalisation of our product offering, streamlining our supply chain and focusing on cost management.” million acquisition facility. “We
Our core business is automating processes: Self-service transactions and cash management onsite for all types of retail stores, food and beverage outlets, fast-food stores or bank branches. Yoshinari says customers and the retail environment have been changing, especially after Covid, and the speed of change is growing faster and faster.
Products in the collection include moisture management and medical-grade sports compression, squat-proof tights, and anti-pill training tops. Aside from Clarke, the other name members of the Sa1nt Layers crew are Anna Espino, ex-2XU head apparel designer, and Peter McKenzie, former 2XU global sales manager.
The company noted that its discussions with Premier Investments about a potential merger with Apparel Brands are progressing. The post Myer’s profit declines amid store closures, underperformance of some brands appeared first on Inside Retail Australia.
Accent Group announces management shakeup. Apparel firm Accent Group said Australian billionaire Brett Blundy will rejoin its board after resigning last year and current chief executive Darren Todd will join the group as Accent’s lifestyle’s group general manager. Valentino appoints CEO for Greater China.
Athletic apparel brand Under Armour posted revenue of US$1.6 Direct-to-consumer revenue rose 3 per cent to $596 million after the company managed to control the sales experience and tell a story around its merchandise. Apparel revenue increased 3 per cent to $1.1 billion, but footwear was down 7 per cent to $351 million.
Youth apparel retailer Glue has opened its first flagship in Adelaide’s Rundle Mall Plaza. Andrew White, Adelaide Economic Development Agency’s executive manager of Rundle Mall, says Glue is a popular retail destination for South Australians travelling interstate, and expects the brand’s debut will be popular to many shoppers.
Which is very, very significant in industries like apparel, footwear or beauty. How have you been able to manage that? Then I spent 10 years with Ralph Lauren, where I was able to work in both mens and womens [apparel]. Then, [retailers need to have] the ability to build out what I would call sustainable franchises.
Sports apparel company Under Armour has reported a rocky start to fiscal 2025, with revenue down 10 per cent to US$1.2 Meanwhile, earnings from apparel decreased by 8 per cent to $758 million, footwear sales plummeted by 15 per cent to $310 million, and accessories revenue decreased by 5 per cent to $93 million.
Fashion & apparel led the growth in online purchases with a 19.1 Online spending for the April-June period was up 1.1 per cent year on year, the latest quarterly Inside Australian Online Shopping Report shows. Approximately 5.7 million households made an online purchase every month during the quarter, up 3.8 per cent respectively.
According to the firms, there will be an easy-to-lodge process where clients may input their garment and repair needs before mailing their garment, with Shona Joy managing the entire process. billion units of new apparel per year, with more than half ending up in the trash. Consumers bear the costs, which start at $10. “We
Former advertising firm executive Chris Willingham has joined the senior leadership team at footwear and apparel brand R.M. Willingham, former managing director of advertising and brand consulting company DDB New Zealand, will aim to drive the next phase of growth for the 89-year-old South Australia-based company.
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