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Trends in the Commercial Investment Market The retail real estate market was a focal point of this years MAPIC, with a strong emphasis on investors perspectives regarding retailmarket trends and outlooks. These sessions revealed an optimistic vision of the resilience of retail as an asset class.
On September 13, Heytea opened its fifth brick-and-mortar location and first concept store at 1293 Broadway, in New York Citys bustling Herald Square area. Jessica (Qinjie) Shen, Heyteas associate global brand director, told Inside Retail that the concept store took inspiration from a traditional Chinese pavilion courtyard.
Infant stage The department store industry is nascent in India since the format (as per the usual definition) does not exist yet, Selvane Mohandas du Mnil, managing director at International Association of Department Stores (IADS), told Inside Retail. per cent expansion. per cent by 2028.
Southeast Asia expansion Beyond Indonesia, Oh!some some identified Malaysia as its next key market, driven by the countrys young consumer base and thriving retail environment. Further global expansion remains under consideration. some’s strategy and one of the major reasons we are competitive in the retailmarket.
New Balance recently revealed a new retailconcept store at Paragon Shopping Centre in Singapore centred on experience and carrying a curated selection of footwear and apparel that caters to athletes and fashion enthusiasts. The open concept creates a space where consumers can shop cross-category to match their personal style.
Vincom tries to cover itself with four tailored formats: Vincom Center, which is designed for high-density locations; Vincom Mega Mall, a retail/entertainment concept averaging about 110,000sqm of gross floor area (GFA); and Vincom+ and Vincom Plaza, two formats that are oriented toward smaller provincial cities.
Inside Retail connected with Katie Diasti, the CEO and founder of Viv for your V, to learn more about the brands upcoming launch into Whole Foods and her overarching goal to change the way consumers shop for menstrual care products. Inside Retail : How did the concept for the brand come about?
Inside Retail connected with the founder to learn more about the origin story behind her company and her latest US retail partnership with Credo Beauty. Inside Retail : How did you come up with the concept for your brand? The Credo partnership signals a strategic step forward in our expansion within the US retailmarket.
As high-end retailers seek to capture and hold onto the 1 per cent shopper’s attention, Saks Fifth Avenue is ramping up its personalised shopping concept, Fifth Avenue Club. What are the factors behind the Fifth Avenue Club’s rapid expansion?
Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. Can an old dog learn new tricks? In August, Macy’s announced that its second quarter net sales fell by 8.4 per cent year-over-year to US$5.1
How the luxury grocery retailmarket blew up The market for luxury groceries is driven by three main factors: a growing disinterest in traditional luxury goods, the expansion of wellness culture, and the recent fashionability of food.
At the time of opening, it almost doubled the size of the largest existing outlet centre, and represented a tipping point for the factory outlet concept in Asia. So much so that Gotemba’s most recent expansion was opened confidently in the middle of the pandemic, bringing its store floor area to 61,000sqm and its store count to 290.
I was fed up with big, loud, oversized packaging concepts that demanded bigger bags and a long application time. With this capital in place, what are some potential areas of expansion for the brand planned? RR: Channel expansion is a primary focus for us. IR : In December 2023, Subtl Beauty raised $8.4
By October 2019, South Korean companies were described by Korea Bizwire as “engaged in a fierce battle with Japanese rivals” in Vietnam, which it likened to a “post-China” market. Convenience stores and the e-commerce sector were growing much faster than the overall market. A new Nova Market store: 450 planned initially.
With further expansions slated for Soekarno–Hatto International Airport in Jakarta and Chhatrapati Shivaji Maharaj International Airport in Mumbai, Tumi is reinforcing its commitment to the travel retail sector. Overall, the outlook for the Asia-Pacific and Middle East travel retailmarket is positive.
It also raises the possibility of international expansion. “It Today, Selfridges is regarded as one of the best examples of experiential retail, offering highly creative and constantly changing store concepts and brand collaborations to drive foot traffic into stores. billion (AU$3.72
While Shepard was already aware of the needs of trans and non-binary consumers, reviewing the research and seeing the overwhelmingly positive response to the launch of Both& has shown the necessity of having such a brand in the retailmarket. “So So maybe the surprise is that there weren’t more surprises,” Shepard mused.
Inside Retail connected with Katie Diasti, the CEO and founder of Viv for your V, to learn more about the brands upcoming launch into Whole Foods and her overarching goal to change the way consumers shop for menstrual care products. Inside Retail : How did the concept for the brand come about?
Australian retailers are expanding their horizons after the Covid pandemic and actively assessing opportunities overseas. Despite some unsuccessful forays beyond the borders of Australia and New Zealand by some retailers, there is increasing optimism about global expansion.
They arrived with great fanfare but many international retail brands have found the Australian retailmarket has been a graveyard. In some cases, the failed Australian ventures were part of a flawed strategy to breathe growth into struggling home market operations.
is selling most of Japanese retailer Seiyu to KKR & Co. giant retreats from its two-decade attempt to crack Japan’s retailmarket. Finally, their choice of Seiyu as a partner for their expansion in Japan has been questioned, at least in hindsight, for some time. Walmart Inc. and Rakuten Inc. billion yen ($1.6
But beyond the glamour of polo fields and a globally recognised brand lies a story of strategic expansion and a vision to dominate the fastest-growing retailmarket on the planet – India. These expansions are key drivers for growth, allowing us to cater to a broader customer base,” he stated.
A short walk south in Victoria dockside is the K11 Musea, another exponent of New Worlds cultural commerce model, an elegant mashup of retail and art. Recently, an expansion was announced for K11 Musea that would significantly expand the space allocated to luxury labels in the LVMH and Richemont portfolios as well as other luxury brands.
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