This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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? Since entering the market, Parachute has raised over $47 million in venture capital.
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. As the K-pop industry continues to boom, merchandising has become increasingly lucrative. million KRW ($1029).
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.
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. Last July, the company appointed Clarabella Burley, ex-Qantas Loyalty head of marketing, to the same role at Myer.
The centre features a grooming salon with self-service options, a full-service veterinary hospital, a curated mid-tier and high-end merchandise assortment, a cafe specifically designed for a canine clientele, and more features to serve the needs of man’s best friend and their owners.
The Sports Equipment market generated more than $171 billion globally in 2024 and is expected to grow at an annual rate of 5.86%. Top Display Strategies for Sports and Outdoor Companies From using color theory to incorporating experiential marketing techniques, there are many ways to create more excitement and engagement with your displays.
Traces of banned Chinese cotton were found in 19 per cent of a sample of merchandise selling at US and global retailers in the past year, a study showed, highlighting the challenges of complying with the US law aimed at blocking imports of cotton linked to forced labour in China.
Other examples of Gaps elevated fashion mission efforts include collaborations with aspirational apparel brands like Den and Cult Gaia. The restoration of the catalog is a key indication that marketing efforts are also heavily underway, but there are certainly more opportunities for improvement to come for the iconic prep wear retailer.
The two decided to fill in the white space themselves and started with a small booth at an independent fashion market. Over the past 10 years, the team has focused on growing in the US market. With the right design formula, sales from the US market have exponentially grown to where they now make up nearly half of Farm Rios profits.
How do you market to the customer who can get anything they want anytime they want it? 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 e-commerce giant has seen its market share erode in apparel as Shein and Temu quickly expanded in international markets with US$12 dresses and US$10 gadgets. But offering a variety of everyday products like dish detergent and floss is helping Amazon. Amazon is also facing competition from rivals at home.
Uniqlos momentum carries over into 2025 METI doesnt report on sales at apparel specialty stores but Fast Retailing provides a good indicator with monthly sales reports for its 786 physical Uniqlo stores in Japan and its e-commerce business. Sales of apparel were particularly strong, attributed by the company to low temperatures.
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. 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.
Both stores will sell a range of official NBA and WNBA team and league-branded merchandise and memorabilia, including exclusive hyperlocal NBA products, apparel, headwear, jerseys, sporting goods and collectibles from brands such as Nike, New Era, Mitchell & Ness and Wilson.
Woolworths Group’s announcement earlier this month that it will no longer sell Australia Day-themed merchandise for the upcoming national holiday due to “a decline in demand” has been met with praise by supporters and calls for a boycott by critics.
It is not by accident that Paul Smith has become one of the most recognised names in the apparel industry today. DP: I’ve worked in all aspects of fashion and retail, from operations to wholesale and from merchandising to retail. DP: North America is a key market that we are committed to prioritising further.
The beauty of the merchandise and format is that it sits comfortably inside several different high-quality real estate platforms: principally regional malls, lifestyle malls and hypermarket-anchored centres hence its nearly 160 stores. New licensed merchandise hit the stores too. Same-store sales growth was 5.7
We can do all types of marketing, but the very best interaction that we have is with our associates and their knowledge about the products,” Steelman stated. Meanwhile, Khoury explained that even though Skims is still in its infancy as a brand, it is constantly testing out new ideas.
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.
Since joining H&M in 2014, Li has worked her way through several different roles at the Swedish-born accessories and apparel brand, including merchandising, store development and e-commerce, to her job as head of customer activation and marketing for H&M Americas.
All eyes are on Canadian athletic apparel brand Lululemon, after it was fined for selling poor quality down-feather vests in China. The high-end yoga wear maker was fined more than 81,000 RMB ($16,700) and had US$3,500 of illegal income confiscated by the Beijing Xicheng District Market Supervision Bureau for its subpar products.
Weve had such a mass consolidation of retail over the years, that I feel like were underestimating the power of great creatives, merchants and marketing talent. Which is very, very significant in industries like apparel, footwear or beauty. Mindy Grossman: A big challenge that I see is with talent.
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), dining (+8.9
The pop-ups – which celebrate the American brand’s 100th anniversary this year – are designed to treat shoppers to an immersive experience with Disney100 merchandise toys, apparel, collectibles, homewares and photo opportunities. Alquemie Group is to open Disney100 pop-ups in Westfield malls on behalf of The Walt Disney Company.
At the same younger shoppers are much more inclined to shop in-store for more fun products such as apparel, media and electronics products. For example, Shein is disproportionately shopped by Gen Zers, thanks to the retailer’s wide array of trendy styles at competitive prices and successful social media marketing strategies.
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. It is set to open on December 19 on Sydney’s luxury retail strip George Street and offers a premium retail experience.
With social media driving brand awareness as well as sales, more and more brands are choosing to diversify their product range or align with influential figures to flaunt their merchandise. As well as adding the band’s “signature order” to the menu, a line of merchandise, inspired by these menu items, launched on the Weverse Shop app.
These shifts manifest in various ways, from increased consumer spending to innovative marketing strategies. People purchase merchandise, sports equipment and apparel to show support for their favourite teams, sports and athletes. Let’s break some of them down and look at a few examples more closely.
In an ever-evolving and rapidly changing world of fashion, staying relevant and profitable by offering the most on-point fashion collections is one of the biggest challenges for the apparel industry. Centric Visual Boards is a world-class visually interactive workspace that merges data and images from any business system in real-time.
“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.
Ralph Lauren has been titled the official outfitter of the Australian Open and New Balance the official performance apparel and footwear partner for the Australian Open. The brands partnering with and participating in the 2025 Australian Open has set a new bar for out-of-home marketing.
In an increasingly tough market, Abercrombie & Fitch has started its fiscal year on a strong note with group sales up by 2.9 However, as it bucks the general direction of the market and stands in marked contrast to the more negative results of many other discretionary retailers, it is an exceptional level of performance.
This is particularly true for footwear and apparel retailers. Research cited by RetailDive indicates that consumer spending on goods like apparel, accessories, and footwear declined by 15.7% That’s why if you’re an apparel and footwear retailer, it’s more important than ever to craft a strong retail strategy and execute it flawlessly.
If you show up all year long, like what Mac Cosmetics does, then the consumer sees that and if they feel the authenticity, just like in any other way of marketing, then they’ll come to you,” said Doug Jensen, senior vice president at Estée Lauder Companies. With socks, we have the opportunity to [market them] as unisex.
Founded in 2022, Queensland Football Club is a fake footy club with a very real line of merchandise that has taken on a life of its own. The opportunity then came up to make merchandise for this player that I created, which sold really well. It’s a rambling story, but now I basically create merchandise for this club I made up.
Australia’s thriving First Nations economy was on full display at a pop-up market in Melbourne last night, featuring artwork, apparel and homewares from several Indigenous brands and businesses. Yarli Creative. They also recently launched a podcast called, ‘That’s the tea sis’.
The ‘Queen The Greatest’ store will take visitors on a journey over 2 floors, from 70s thrift store (Freddie and Roger had a stall in Kensington Market), 80s iconic live performances and tours, 90s record store, 00s DVD homage through to 2010s tech concepts.
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.
The concept of an online marketplace dedicated to the rental market is a world-first, according to Krideras. Given the size of the rental market — worth over $8 billion in Australia — he believes it’s a massive missed opportunity. “No-one “There’s no limit of categories that could be available on our site.”.
But for an apparel company, where the cheapest product might be a $3 pair of socks, the most expensive a $200 jacket, the benefits of using RFID tags now justify the cost. Fast Retailing began embedding RFID tags in apparel back in 2017. Tambara conceded it takes time to reach that level of acceptance across multiple markets.
The event was originally marketed as a “one-day only event filled with more deals than Black Friday”, but thanks to increasing popularity over the years, it has since shifted to be a two-day extravaganza. In comparison, gross merchandise growth was actually down 6 per cent during TikTok’s Deals for You Days event.
The retail world of general merchandise, apparel and personal care is currently in a transformative phase. For general merchandise, it’s an opportunity to prepare today, for tomorrow’s success. The apparel industry is currently at a crossroads, influenced by seismic shifts in consumer behaviour and regulatory requirements.
Meanwhile, the Amazon 4-star concept was introduced in 2018 with a focus on selling general merchandise rated higher than four stars by its customers. Amazon said it will remain focused on Whole Foods Markets and Amazon Fresh stores, and its cashier-less grocery model while working on other retail concepts.
The list of restricted products spanned a wide range of categories, from apparel and casual footwear to lifestyle accessories. He debuted Donda Sports, an all-in-one sports company that encompasses sports marketing, athlete management and sportswear earlier this year. The companies made me money.” But plans to expand are coming soon.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content