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Universal Store Holdings expects higher sales for the fiscal year ending June 30, thanks to improved performance in the majority of its segments. The fashion retailer – which sells more than 100 ‘trend-led’ apparel, footwear and accessories brands including Champion, Perfect Stranger, Tommy Jeans, Thrills, and Wrangler – forecasts annual group sales to rise 9.7 per cent from last year to $288.5 million.
Oktra transformed Entain’s two-floor office in London into a top-tier workspace, focusing on sustainable design elements, sports integration, and biophilic.
Australian retailers are calling for stricter laws and deterrents for retail crime , emphasising its negative impacts in the industry and the economy. At the 2024 Retail Crime Symposium in Melbourne, the soon-to-merge Australian Retailers Association (ARA) and the National Retail Association (NRA) highlighted opportunities for further collaboration in the sector to help businesses. “Good progress has been made to provide legislative protections for frontline workers, but the coverage is no
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Four in five Australian consumers are cutting down on something to save money as the cost of living crisis bites – and more than half of consumers in the country are looking for the best value when they shop. But are retailers up to the task of responding to these new pressures, and how are they adapting to remain competitive? The statistics come from the newly released Shopify Australian Retail Report 2024 ( available for download free here ).
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When VF Corp bought Supreme for US$2.1 billion in 2020, little did it know that the label, which it believed would be a promising addition to its portfolio, would turn out to be a lucrative lesson. Earlier this week, the company announced the sale of Supreme to optical retail giant EssilorLuxottica for US$1.5 billion in cash, marking EssilorLuxottica’s first venture into the apparel category.
When VF Corp bought Supreme for US$2.1 billion in 2020, little did it know that the label, which it believed would be a promising addition to its portfolio, would turn out to be a lucrative lesson. Earlier this week, the company announced the sale of Supreme to optical retail giant EssilorLuxottica for US$1.5 billion in cash, marking EssilorLuxottica’s first venture into the apparel category.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Jewellery brand, Sacet, has launched in five Austen & Blake stores across the UK, allowing Austen & Blake to introduce an ethical range into these five stores for the first time in 6 years. The Austen & Blake stores, which have introduced Sacet’s range of ethical jewellery collections, are located in Manchester, Leeds, Newcastle, Glasgow and
Earlier this month, the University of California, Berkeley published its findings after testing mainstream tampon brands for toxic metals – the results were alarming. According to UC Berkeley’s research, toxic metals including lead, nickel, mercury and arsenic are present in popular tampon products. However, for sustainable menstrual product brands like Hello Period, the most shocking part of UC Berkeley’s study was that it is the first of its kind to measure the presence of metals in tamp
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Luxury fashion houses Dior and Armani are being probed over allegations they used “Chinese factories” in Italy that underpaid and overworked their staff. Italy’s competition watchdog AGCM has launched an investigation into possible violations of the consumer code in the way the companies promoted and sold clothing and accessories. “In both cases, the companies may have issued untrue statements about their ethics and social responsibility, particularly regarding working co
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
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Malin + Goetz CEO Bradley Horowitz has more than 25 years of experience in the beauty industry, working across a number of global brands. Here, he discusses his passion for skincare products, why hard work is still the most important way to succeed in your career and the challenges of finding the right work-life balance. Inside Retail : What do you think is it about the beauty industry that has led you to stay in the industry for as long as you have?
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Adore Beauty witnessed higher revenue in the last fiscal year as the number of returning customers increased. The skincare and cosmetics retailer delivered annual unaudited revenue of $195.7 million in the year ending June 30, up 7.4 per cent. The company saw a record number of returning customers – 519,000, up by 5.8 per cent year on year. Moreover, active customers grew 1.6 per cent to 814,000.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! New data from Adobe, powered by Adobe Analytics, revealed that online spending around Prime Day reached record highs again this year, hitting £1.3 billion as retailers across the e-commerce universe joined Amazon in offering deals during the two-day event.
Bradley Horowitz is a legend within the beauty retail sector. With over 25 years of strategic, sales, marketing and management experience, Horowitz has worked for brands including Clarins, L’Oréal, and Amorepacific. The executive has built his reputation on understanding what the modern consumer is looking to purchase for their vanity table and medicine cabinets.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Ritter Sport is excited to unveil its latest innovation: Ritter Sport Duo. The Ritter Sport Duo range features three unique bars, each combining two perfectly paired flavours for a double indulgence experience.
Significant market trends are impacting retail businesses today – the migration of consumers online, supply-chain challenges and the cost-of-living crisis to name just a few – but there is a more obvious reason many retailers are struggling. Working with retailers across Australia and New Zealand, Quantiful CEO Jamie Cormack has identified poor planning outcomes as one of the significant causes forcing retailers to contract and even close stores today.
Outdated platforms are costing you sales. Legacy platforms like Salesforce SiteGenesis and SFRA can slow innovation, increase maintenance costs, and frustrate customers. This playbook provides a strategic roadmap to modernizing your Salesforce B2C Commerce platform using a composable approach to transition to faster, scalable, and flexible e-commerce solutions —without disrupting your business.
Sealing its reputation as the go-to destination for luxury hospitality experiences, three groundbreaking concepts are set to launch at ICD Brookfield Place, Dubai, later this year from D.ream, the highly respected, innovative global restaurant group behind acclaimed international venues including Amazonico, Coya, and Zuma. Following Paris and London, D.ream’s renowned culinary concepts Bar des Prés and Il Gattopardo will expand their global presence with openings on the 51st floor, extending ove
Jeweller Michael Hill anticipates higher group sales in the last fiscal year on the back of better results in Australia and Canada. The company forecasts total sales to have grown 3.8 per cent to $641.4 million as its Australian segment sales rose 10.5 per cent to $359.7 million and Canadian segment sales increased 0.3 per cent to C$156.0 million in the year ended June 30.
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