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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.
American Apparel is relaunching in Australia and expanding into New Zealand, releasing its new season range online online. “We will also be bringing our newest collections and styles of American Apparel to those markets and will be supporting the brand with our Craft the Culture campaign. .
The recent opening of Lululemon’s new flagship at Emporium Melbourne marked a key milestone for the brand and its robust growth strategy in the region. Inside Retail spoke with Paul Tinkler, vice president of Lululemon ANZ, about the significance of this opening and how it fits into the activewear brand’s broader business strategy.
Changing seasonal trends Traditionally, the final quarter sees spikes in categories like apparel and electronics. Promotions and discounts: A new strategy As competition heats up, retailers are exploring new promotional and ‘touch point’ strategies. Retailers need to leverage this trend to prepare for an earlier holiday season.
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. The unique set of Salomon partner trail events is an expansion of its global strategy.
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?
Myer has revealed the details of early shareholder votes in favour of its proposed acquisition of Premier Retail’s apparel brands Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E. Kroll assessed the value of the apparel brands to be in the range of $848.3 per cent voted against it. million to $946.3
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.
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
Oroton CEO, Jennifer Child, said the result demonstrates “strong early progress” in the retailer’s growth strategy. It’s clear our apparelstrategy is working, both from a sales perspective but also in terms of adding relevance and resonance to the brand. “We In August, the brand opened a concept store in Paddington, Sydney.
Fast forward to 2024, it has expanded into apparel while leading the retail industry in sustainability measures. Moreover, with our pop-up store’s success, we are now working on a bricks-and-mortar retail strategy and finding more opportunities to get Paire into people’s hands.
.” 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. A strategy aimed at female consumers?
Part of the brand’s growth strategy involves tapping into the ‘little treat’ culture at a time when cost-of-living pressures remain high. He was previously GM of Retail Apparel Group’s menswear brand Yd, where he led a brand transformation alongside Jeremy Taylor. Yakubson joined Dusk just over a year ago, in October last year.
“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
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.
The brands original business strategy and slow fashion blueprint were a natural evolution of my extensive study of yoga, meditation and Eastern philosophies. IR : How does Nagnata fill in a white space in the apparel market? Inside Retail : How did you come up with the concept for Nagnata?
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.
Over the last year to seven years, however, these brands have launched impressive comeback strategies, bringing them back onto consumers radars. Since Dicksons debut at the company, however, Gap brands have adopted more focused and intentional strategies for assortment, discounting and pricing.
Kontoor Brands, the apparel company behind Wrangler and Lee, is to acquire Canadian outdoor workwear brand Helly Hansen from Canadian Tire Corporation. Founded in Norway in 1877, Helly Hansen is known for its outdoor apparel and clothing innovations, including the first fleece fabrics in the 1960s and the H2Flow temperature regulation system.
As retailers gear up for peak season, many are fine-tuning sales strategies as shoppers’ spending capacity and preferences change. It’s also ahead of other retail areas like household goods (-2 per cent) and apparel (-2.5 An 18 per cent yearly fall in spending on luxury apparel boutiques also supports this trend.
Spanning 8000sqft across two levels, the venue will offer more than 5000 apparel, footwear and accessories products. Located at 514 Broadway, the store will mark a “significant milestone” in the brand’s expansion in the US and allow it to have a deeper connection with Gen Z customers on the East Coast, the company said.
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.
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.”.
Im also focusing on our pivot towards becoming a head-to-toe denim lifestyle apparel brand. While we are well-known for being a mens denim bottoms business, as we focus on winning with women consumers, we can extend that authority into categories such as womens apparel and tops.
Jamie Salter, founder, chairman and CEO of Authentic Brands Group, said the collaboration is in line with the company’s distribution strategy for the brand’s new key markets. The post Shein inks deal to design, distribute Forever 21 apparel line appeared first on Inside Retail Australia.
“As an official apparel partner of US Polo Assn, we’ve eagerly awaited the opportunity to extend our fast-expanding global reach into the dynamic Australian market and share our brand with more consumers around the world,” said Boo Jalil, CEO at Brand Machine Group. . It’s all about accessibility and brand experience.”
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
An untapped apparel market Consumer demand for gender-neutral clothing or unisex fashion styles has been growing in recent years. As the founder explained, many fashion labels use superficial strategies to appeal to trans or non-binary consumers, such as using LGBTQIA+ models in their campaigns without making any changes to their products.
Global absorbent apparel brand Modibodi has appointed Kerry Cusack as its new executive director, effective July 31. Based in Modibodi’s Head Office in Sydney, she will be responsible for leading the Modibodi global team, strategy, and execution.
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.
Throughout its history, Descente has expanded beyond skiing into cycling, running, golf, training, and high-end functional apparel. The growing interest in golf aligns with Descente’s product focus, creating an opportunity to tap into a market-rising demand for performance-driven athletic apparel,” Zhong said. billion this year to $13.28
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
Consumer interest in retail third spaces American apparel and accessories brand Coach recently opened a Coach Coffee Shop within the Jersey Shore Premium Outlets. It is now a place that offers moments of respite and discovery that online shopping cannot replicate.
And for the year ahead, these brands need to pay attention and set future-focused strategies. Here are three areas of strategy that will be prominent for leading retailers around the world over the next 12 months. The interesting path forward will be about layering these strategies to suit your retail model and customers.
Which is very, very significant in industries like apparel, footwear or beauty. For that, you need a strategy aligned with a vision, a board that is supportive of your decisions and a culture that is completely aligned. Then I spent 10 years with Ralph Lauren, where I was able to work in both mens and womens [apparel].
Under Armour has announced an expanded range of apparel, footwear, and accessories exclusively for the Australian market. The campaign – named ‘Live in UA’ – marks a pivotal shift in strategy and approach, representing a fusion of functionality and fashion, according to the brand.
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.
The brand delivers a contemporary approach to mindful apparel, balancing design innovation with quintessential ready-to-wear styles. I don’t like when there’s too many items on the rack, I feel like that can be overwhelming, Bartel said. Henne was founded in 2019 by Bartel, her sister Michelle Ring and friend Laura Broque.
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. It rejuvenates the sales line of Myer; for a period of time, he added. In FY24, Myer generated $3.27 billion in revenue, down from $3.36 billion in FY23.
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.
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.
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.
What retail experts have to say about Nikes partnership with Skims Global Datas managing director, Neil Saunders, CI&Ts director of retail strategy Melissa Minkow and Retail Strategy Groups Liza Amlani believe that Skims could revive Nikes popular kid status, but not without some caveats.
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