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
The country has a well-established retail ecosystem with high-traffic shopping malls, premium retailspaces and a digitally engaged consumer base. Meanwhile, Hong Kong remains a strategic retail hub with a high-spending customer base and access to premium retailspaces.
With an expanded area and a new space dedicated to brand licensing (IP), LeisurUp, the zone dedicated to leisure and immersive experiences, brought together leading players such as Bandai Namco, Citywave, Cits Immersives, Hasbro, Dama Dreams, Dedem, Hupalupa, Smiley, QubicaAMF, Pausa, TF1 Licensing, Universal, Walltopia, and Zero Latency VR.
The official opening of Printemps US marks a bold move on the French players part in an era when many luxury retailers are struggling to keep up. However, by no means does the reduced floor space suggest a reduction in the department stores opulent design or its array of luxury product offerings.
Starting with a single sneaker launch in 2014, the brand has expanded into other retail categories, including outerwear, streetwear and accessories to become a lifestyle brand for all ages — from children barely old enough to pronounce the name of the business to veteran fashion consumers. AJ: It’s been incredible.
Last month, Amazon moved into the budget e-commerce space through the launch of a discount website, Haul, which offers consumer products priced under US$20. According to Statista, the US e-commerce market is estimated to generate US$1.2 By 2029, US consumers’ appetite for online shopping is forecast to bring in $1.8
Asia Pacific’s airport retailmarket is projected to grow to US$33.8 billion by 2026, driving the global market to $63.4 According to GlobalData, the growth will be driven by the increase in retailspace and passenger numbers as cross-border travel resumes and the relaxation of lockdown and duty-free regulations.
Neil Saunders, managing director and retail analyst at GlobalData, also confirmed the popularity of the American mall scene, commenting, “There is a narrative going around that malls are making a comeback. Consumers have a lot of choices about where to shop and when they drive to malls, they want more than a functional experience.”
Current retail players are limited to malls, specialty stores, and concept stores built around branded spaces. The classic department store model offering everything under one roof with a unified concept and staff, rather than just a collection of branded spaces has yet to emerge.
India and the luxury retail boom According to the Bain & Company-Altagamma Luxury Study report published last November (2022), the Indian luxury market is projected to expand by 3.5 Fueled by a burgeoning young population and affluent consumers exposed to global trends, luxury retail is experiencing rapid growth.
These developments reflect the demand for budget-friendly options in the Australian retailmarket, which is also home to domestic competitors such as Kmart. I think weve got some world-class retailers in that space, and theyve mastered the tyranny of distance. It depends how assertive they are in transition.
Walking into the 1172-square-foot space designed by Ringo Studio, consumers are greeted by a 16-foot- long custom table with marble insets, anchored by a dramatic light fixture. This store is more than a retailspace; its an immersive experience that blends innovation with nature.
India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters. billion) of annual sales from the business within five years. billion people.
Regarding marketing and selling products to consumers, product imagery is unquestionably one of the most important selling points. When considering the prevalence and dominance of e-commerce and digital shopping channels, traditional brick-and-mortar retail stores may question where this leaves them.
Shepard was inspired to start the brand based on his own experiences searching for such products, and he knew other consumers were looking for the same thing. Tapping into this much-underserved market has led to steady growth for Both& since it officially launched in 2020.
India’s beauty and personal care market is projected to reach US$21 billion in 2025, and the rising adoption of online shopping and greater product penetration in secondary cities are also contributing to the market’s enlargement. Consumers are at the heart of all we do. Celebrating uniqueness.
The US luxury retailmarket was worth US$134.6 billion last year, retail analyst and GlobalData managing director Neil Saunders told Inside Retail. The term 1-per-center refers to the wealthiest 1 per cent of consumers. What is the 1-per-cent customer looking for?
Recent years have seen rapidly evolving changes in all areas of consumer behaviour and there is little doubt it will continue in terms of the products and services that people want, who they want them from, and where and when they want to access them.
The themes on display are often indicative of the global trends affecting consumers and retail. In the past year or so, KPMG has published global research papers that add further insights to the big trends affecting retail models and consumer behaviour. Watch this (air) space. trillion in 2023 to US$8.5
“From a customer perspective, resale is driven by a wish to get one’s hands on desirable fashion items at a lower price as well as experiencing the fun of treasure hunting for something unique,” Anna Forster, sustainability strategist and co-founder of The Purpose Agents, told Inside Retail. “At How resale could impact Nike’s brand.
“While they share a long history – Jörg Bucherer is the last person alive to have worked with Hand Wilsdorf, the founder of Rolex – I don’t think this acquisition is in any way about a repositioning of the Rolex positioning in the luxury space,” he told Inside Retail.
Streetwear brand Ksubi is making a splash in the Australian retailmarket, with new stores in Sydney and Melbourne, and a high-profile creative director in Pip Edwards. This story first appeared in Inside Retail’s 2025 Australian Retail Outlook, powered by KPMG.
market as an international company can be both an exciting and challenging venture. As the world’s largest consumer economy, the U.S. However, understanding the cultural nuances and regional differences across the country is critical to success, especially when partnering with major retailers like Walmart, Best Buy, or Home Depot.
Here, we speak with two leading providers of materials in the décor sector to find out more about how easy projects like this are to undertake and how retailers should think outside of the box to make the most of their blank surfaces. The use of wallcoverings and floor-graphics could be used to make a space bold and enticing.
Collaborating closely with the brands global retail team we have developed both the strategy and the creative execution, an opportunity we are really grateful for and is another demonstration of the partnership that has been built between ourselves and the brand over the last few years.” A partnership we greatly value.
AI assists brands in offering personalized shopping experiences, optimizing inventory, and predicting consumer trends. Blockchain ensures transparency in supply chains, building consumer trust. Brands that integrate these technologies effectively can expect to lead in the new retail landscape.
Situated at the exit to the A2 Cernica motorway, 25 minutes from the city centre and 45 minutes from Henri Coanda International, FASHION HOUSE Pallady is easily accessible to the City’s two million residents as well as its growing tourism market with parking provision for more than 300 vehicles.
Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight. The market is expected to grow to US$126.48
According to an International Data Corporation (IDC) study, AR is anticipated to see compound annual growth rates of up to 135 per cent in retailmarket spend by 2023, and Snap is eager to get a slice of the pie. Romano says AR works well in retail categories that have a strong visual component.
Contactless shopping, delivery, and curbside pickup — once a public health necessity — have now turned into conveniences many consumers regularly expect. Our tips for retailmarketing will help you level up in 2023 for better sales and happier customers. Co-host an event in a shared space with a next-door-neighboring business.
According to Coenraad Hefer, general manager of New Balance Singapore and Malaysia, the company is always looking for new ways to engage with its existing consumers while also attracting the next generation of consumers to the brand.
Retail activity has been a defining facet of cities since antiquity. Retailspaces have evolved over time. Urbanisation, mass production and the rise of conspicuous consumption led to the high street and CBD dominating the retail landscape across the Western world from the late 19th century until the mid-20th century.
Beyond simply convincing potential customers, positive reviews can elevate a brand’s reputation in the eyes of retailers too. When major retail chains like Best Buy or Target consider stocking a new product, they often glance at online reviews to gauge consumer sentiment.
By the end, you’ll have a clear understanding of the opportunities and challenges that lie ahead in the retail sector for Brick-and-Mortar Stores in 2025. Personalization and Consumer Insights Personalization is no longer optional; it’s a necessity.
Of course, things have moved on a little from the early days of simple displays, with retailers now having a whole arsenal of tools at their disposal to not only bring in more consumers, but also improve their overall experience. However, when it comes to actually using these tools, this is often easier said than done.
The athleisure market has been on the rise for many years, driven by factors, such as the casualisation of consumers’ wardrobes and the rise of sneakers and streetwear as aspirational style trends. Within that, the sustainable athleisure space is seeing significant growth in particular.
India’s mobile retail In recent years, the mobile phone retailspace in India has been shrinking due to the rise of the digital marketplace, at the same time retailers have struggled to handle increasing real estate costs, labour expenses, and warehouse management. billion people.
A decade after making its debut in Vietnam, Japanese retail giant Aeon is making a move into regional towns, armed with 10 years of data about local consumer behaviour and a renewed commitment to what is now its second-largest international market.
The move will allow the big-box retailer to update prices on over 120,000 products within just two minutes via its mobile app for retail workers called Me@Walmart. For instance, Norwegian discount retailer Rema 1000 has been investing in this space for over a decade. billion in 2023.
Over the years, consumer expectations in the retail and e-commerce sectors have evolved due to technological advancements, increased competition, and changing shopping behaviours. Consumers now demand a seamless, consistent, and personalised experience across all channels.
The “Mercari on Melrose” location offers a space for sellers to list items, a dedicated space for DIY classes and events, and a partner pop-up area. Indeed, Lagerling’s comment about American consumers’ interest in Japanese resale goods is right on the money. Will Mercari’s bet on bricks-and-mortar prove bountiful?
Heather Kaminetsky knows the luxury retailmarket like it’s the back of her hand. Prior to her current role as the president of luxury e-commerce retailer Mytheresa, the retail executive has held positions amongst several luxury shopping giants including Barneys New York and Yoox Net-a-Porter.
This week, The Iconic hard-launched a new brand campaign to serve as a reminder, to consumers and itself, that the online retail platform is far from finished with disrupting and innovating the Australian and New Zealand retail industry. The new campaign is intended to remind consumers of why they shop with The Iconic.
The Apple Vision Pro unveiled overnight marks the “true start of an era in which augmented reality devices will become a more mainstream part of consumer and retailmarkets,” according to one retail analyst. The applications are practical and will be easily understood by most consumers.”
Regular readers of our blog will know that we like to keep abreast of the latest trends in digital retailmarketing and retail technology. As soon as we downloaded the free mobile game onto our phone and started playing we immediately thought about the implications of this type of technology for retail.
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