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
Typically, consumers seek out departmentstores and shopping centres to get in the holiday spirit but LaManna has managed to position itself as the exception. The post LaMannas CEO on curating a personalised supermarket experience for the holidays appeared first on Inside Retail Australia.
A year after the French luxury departmentstore originally announced it would be launching its first US location, Printemps is officially opening a brick-and-mortar store in the heart of New York Citys financial district on March 21. Unlike its other locations, the Printemps New York store will not have shop-in-shops.
Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Departmentstores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces.
Wirth’s leadership has focused on in-store enhancements, customer loyalty, and curated brand partnerships, helping Myer adapt to and anticipate market shifts,” she added. In his view, successful brands are those that answer the customer’s question, or in other words, meet the customer’s demand. “If
Japanese departmentstore Matsuya has introduced a digital platform with a click-and-collect service including tax refunds in a bid to tap into the growth of international tourists. Insights from both in-store and online interactions help us align the platform with customer expectations, ensuring relevance and satisfaction.
“While Australians continue to face cost-of-living pressures, particularly in a high-interest rate environment, we’ve seen that they’re still willing to spend, particularly on others during key gifting moments like Black Friday,” James Holloman, David Jones’ chief marketing officer, told Inside Retail.
The huge increase in online shopping over the past decade or so has had a major impact on departmentstores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.
Australias departmentstores are at a crossroads. Competition has never been more fierce and while data from the Australian Bureau of Statistics showed an uptick in department-store sales in November, this is likely temporary with earlier months showing stagnation or decline. So how did we get here?
“Mosaic Brands continues to be an exciting opportunity to reshape a business with a clearly defined market proposition for its target customers, and employees, that we can be proud of,” Berchtold said in a statement. Today, a physical presence is a brand’s most manageable, tangible, and measurable marketing tool,” Gray reaffirmed.
‘Iconic’ is quite possibly the most overused and devalued word in business marketing, the go-to term for marketers in their media releases to spruik anything they happen to be pushing at the moment. We have ‘iconic’ shopping centres, ‘iconic’ retail stores, ‘iconic’ restaurants, ‘iconic’ hotels, ‘iconic’ rock groups.
Shinsegae — one of the Big 3 of Korean departmentstore retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.
How do you market to the customer who can get anything they want anytime they want it? The US luxury retail market was worth US$134.6 The brand does this in two ways: its selective curation of products and personal shopping services. billion, missing analysts’ expectations of US$23 billion.
An old TopShop store in north London’s Brent Cross shopping centre has been revived after two years of sitting empty since the fast fashion brand closed down. It’s now a vibrant pop-up departmentstore selling pre-loved clothing organised collaboratively by 10 charities. We believe in the circular economy and the good pound.
Located alongside the Rodd & Gunn concession at the departmentstore, The Lodge Bar deliver a multi-functional retail experience, where customers can browse the brand’s latest collection and enjoy wine and food at the same place. This memorable launch marks the start of big things to come within the market,” the company said.
“Battersea Power Station sets the standard for exceptional customer experience and what sets it apart is the seamless integration of digital and physical touchpoints – smart wayfinding, personalised services, and curated experiences. A fresh food market pavilion, alfresco dining and another office tower are still to come.
In recent years, India has emerged as a major market for luxury brands. Big brands The recent news surrounding Apple opening its first company-run retail store in India’s financial hub of Mumbai is an indication of how important the market is in this niche space. billion, this still is a significant group.
For example, one key difference between “malls today compared to yesteryear is that the anchor stores are different,” Saunders pointed out. “In In the past, the big departmentstores were the main attractions. Mall owners must curate an ecosystem of interesting brands – both large and small.” That is less so today.
Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean departmentstore Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Some of the brands have a history with Robinsons, while others are new to the departmentstore. .
They want to be marketed to with honesty and respect for who they are with pictures they can relate to,” Rebecca Wilson, the founder and CEO of Starts at 60, told Inside Retail. Many marketers think they need to use ‘aspirational images’ but this generation actually wants to see relatable, not aspirational marketing,” she said.
Australian personalised leather company Maison de Sabré has become a key global player, and is now looking to propel the business further in the Australian market. Omar Sabré told Inside Retail that the local market has been in flux for a number of years, as seen by the recent liquidation of competitor The Daily Edited. On the ground.
The Westons are said to be seeking £4 billion for their European departmentstore assets, including Selfridges’ four stores in the UK, Brown Thomas and Arnotts in Ireland, and De Bijenkorf in the Netherlands. Central’s superregional malls and departmentstores are ubiquitous in Thailand. Build on loyalty.
After first appearing in the United States and United Kingdom, retail media has started to gain a foothold in the Australian market. According to owned-media company Sonder, the Australian retail media market is worth $3.9 That rich customer data can help drive a more strategic marketing campaign for our partner brands.”
Pinterest uses a combination of machine learning and human curation to offer tailored recommendations and search results based on the interests of users. She noted that the platform’s trends data and predictive insights were a particular point of attraction. Our job is to make the ideas that they are creating shoppable.”
“Internally we have adjusted our strategy around the content we create, diversifying concepts and volume each season to adhere to the nature of the digital marketing landscape,” Campbell elaborated. This means a more curated tone that speaks to a brand piece, mixed back with a lo-fi behind-the-scenes, less curated moments,” she added.
Simpli Namdhari’s CEO Gurmukh Roopra He went on to say that the company has opened three stores in Bangalore since October last year, and he is confident that the company can replicate its successes in other markets too. He believes that the pandemic has brought about a change in how Indians view their produce. “We
While the everyday consumer has become pri c e-sensitive with the growing costs of living in the US, the 1 per cent is still spending – to a point where the luxury shopping market has become more competitive than ever. The market is expected to grow at a compound annual growth rate of 3.22 billion in 2024. billion in 2024.
The new flagship store – the brand’s first in the US – features about 1300sqm of retail space, as well as a recording studio for musical artists, a 23-metre hat wall, a bar, live DJs performing daily, and a Secret Room featuring sought-after items in the streetwear market. I’ve always believed in creating that vibe and atmosphere.
The new flagship store – the brand’s first in the US – features about 1300sqm of retail space, as well as a recording studio for musical artists, a 23-metre hat wall, a bar, live DJs performing daily, and a Secret Room featuring sought-after items in the streetwear market. I’ve always believed in creating that vibe and atmosphere.
Set to launch in July 2023 – after the opening of the new luxury precinct at terminal one (T1) – Heinemann is pioneering the departmentstore concept inside domestic terminal two (T2) and three (T3), with the retail mix curated to reflect each terminal’s passenger base. Proof of concept.
Spontaneous 11pm store openings for VIP customers, curating the customer journey and the growing middle-class. Luxury departmentstore Lane Crawford was launched in 1850, and has stores across Hong Kong and mainland China. This market is extremely attractive to luxury brands and they’ll continue to invest in them.”
Just this week, American departmentstore chain Nordstrom announced a unique collaboration with the British fashion brand Paul Smith. The founder of the eponymous brand highlighted another similarity between his business and the departmentstore chain. “I
High-end multi-brand fashion retailers, such as Selfridges, Net-a-Porter and David Jones, all include catalogues in their marketing mix. In 2023, Selfridges launched “Yellow Pages”, a zine that positions the luxury departmentstore at the epicentre of a new season and cultural conversation.
Luxury departmentstore Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. The innovative concept named ‘HN NFT Vault’, invites customers to browse and purchase digital art NFTs from a curated selection of globally recognised projects.
The luxury market is a complicated space for multibrand retailers as high-end brands ramp up their direct-to-consumer presence at scale. I think, over a period of six years, that magic completely disappeared, the curation disappeared, as did the understanding of the consumer. We were the fly annoying the elephant. “We
David Jones CEO Scott Fyfe said the retailer drew on lessons learned from the revamp of its Elizabeth Street flagship store in Sydney in 2019 to ensure the Melbourne project was a success. Departmentstores are big boxes, and you’ve got to have an experience on every floor,” he told Inside Retail. “We’ve
Just last year, luxury departmentstore chain Saks Fifth Avenue sold six different types of advent calendars; in 2023, that number tripled. The challenge today comes from increased competition in the market. One particular area of interest is advent calendars, which are more popular than ever. What are the risks?
Pop-up retail has emerged as a dynamic and innovative approach to marketing and brand engagement in recent years. This unique concept involves the creation of temporary, highly experiential marketing environments that serve a multitude of objectives for brands. Pop-ups also serve as excellent platforms for market research.
Selfridges, the iconic British departmentstore, is ushering in a new era of sustainable retail with its ambitious plan to ensure 45% of transactions come from circular products and services by 2030. This commitment will be realised through its Reselfridges ecosystem, encompassing Resale, Rental, Repair, Refill, and Recycle services.
US departmentstore Nordstrom has teamed up with Instagram page-turned-online marketplace Black Owned Everything to spotlight four up-and-coming Black-owned fashion and accessories brands alongside global sneaker giants Nike and Jordan as part of its Nordstrom x Nike initiative. Major retailers step up.
Spearheading this move are two flagship stores nestled in prime locations: one at the prestigious Shin Kong Mitsukoshi departmentstore in Taipei’s vibrant Xinyi Xintiandi district, and the other at the iconic Dubai Mall. If I can’t find something on the market, I create it.
The UK-based online platform for independent and ethical brands Wolf & Badger opened its first bricks-and-mortar location in London in 2010, before adding stores in New York in 2017 and Los Angeles in 2022. Today, the US is its largest market. What shifts do you wish to see in the industry moving forward?
The retailer’s pop-up space, The Corner Shop, will see a wedding takeover in August, with a curated range of vintage and pre-loved womenswear, menswear and accessories that can be purchased or rented for the big day as part of the company’s Resellfridges and Selfridges’ Project Earth initiatives. billion in annual economic output.
The new womenswear brands include Sporty & Rich, Tove, Pixie Market, Nagnata, Aje Athletica, Odd Muse, and The Curated. The footwear and accessories brands are Aupen, Loewe, Diesel, Repetto and Frankie4.
M ARKET BY MACY’S, a concept created by Macy’s (New York), is a more curated and exploratory version of the storied company’s typical effort. Some of the furniture items and fixtures throughout the space were also found objects repurposed for use in the store. Market by Macy’s. BEST IN SHOW: Something Like THAT.
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