article thumbnail

Myer names new execs, hires former Qantas Loyalty bosses

Inside Retail

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.

article thumbnail

Retail expert on China’s department store dilemma and potential growth drivers

Inside Retail

According to a report by Fung Business Intelligence (FBI) and China Commerce Association for General Merchandise (CCAGM), the consumer goods market in China is expected to grow in 2024 with the proactive policies of the government and the recovery of consumer confidence. per cent and 6 per cent respectively. Two thirds (66.3 Approximately 65.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Japan’s retail sector faces challenges amid weak consumer confidence

Inside Retail

Department stores, which have traditionally been one of the favourite retail go-to places for high-end chocolates, have had to think a little bit out of the box (or out of the square if you prefer). Chocolate isnt everything A worldwide scarcity of cocoa isnt the only thing thats bothering Japans department stores though.

Consumer 130
article thumbnail

Experts weigh in on Nordstrom’s privatisation deal with El Puerto de Liverpool

Inside Retail

The consensus within the retail industry is that Nordstroms partnership deal with the Mexican retail group will improve the department store retailers chances of thriving at a time when many legacy players, like Macys, are struggling to survive. However, long-term success for Nordstrom wont come without further changes.

article thumbnail

Even Japan’s Takashimaya can’t escape department stores’ woes

Inside Retail

We have ‘iconic’ shopping centres, ‘iconic’ retail stores, ‘iconic’ restaurants, ‘iconic’ hotels, ‘iconic’ rock groups. But Takashimaya, a retailer of 1831 vintage and still the largest department store chain in Japan, is surely genuinely deserving of the word. The amount of department store floorspace declined by 6.1

article thumbnail

Ecoya CEO on why Metro Martin Place was a perfect fit for its new Sydney store

Inside Retail

“The mix that we’ve got is really good and allows the consumer to experience the brand in different ways, where we maintain a direct voice with them, but we also support our retail partners to add their own flavour and merchandise the brand and with your aesthetics as well,” Barnes added.

Boutique 278
article thumbnail

The China Syndrome: Japan department stores missing tourist shoppers

Inside Retail

Isetan-Mitsukoshi is a storied department store chain with 15 units in Japan, including five in the Tokyo metropolitan area. One of them, the Isetan flagship in Shinjuku, boasts the highest sales of any department store in Japan. Sales at Isetan-Mitsukoshi’s Tokyo metro stores are up 33.3 billion yen, or about $2.5