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British retailer group Frasers will sign a deal to increase its stake in ASX-listed Accent Group, enabling further expansion nationwide. The post Frasers to take stake in Accent Group, fuelling expansion appeared first on Inside Retail Australia. Frasers is set to raise its shareholding to 19.99 per cent from the 14.65
Having already successfully established a store on the King’s Road, the impressive expansion plans for the brand has seen this followed by a newly opened store on Regent Street, and a third London store located at 75 Brompton Road. Positioned over two floors, the 6,700 sq. ft the Brompton Rd store opened its doors to customers in September.
Looking ahead, additional brand partnerships are in the pipeline as part of Tumis broader regional expansion efforts. The post Tumi doubles down on Asia with store expansions and premium retail upgrades appeared first on Inside Retail Australia. Further reading: Tumis Aris Maroulis on his versatile career journey and brand building.
Singaporean label Charles & Keith is ramping up its global expansion, opening three flagship stores in Tokyo, Singapore, and China, following its concept debut in Seoul last year. IR: Following these three flagship stores, what are your plans for further expansion? Are there other key cities or regions you’re targeting?
Costcos latest store opening in Ardeer, Melbourne, marks a significant milestone in the retailer’s continued expansion throughout Australia. The post How Costcos new warehouse is a key move in its Australian expansion strategy appeared first on Inside Retail Australia. It now has 15 warehouses in the country and $4.4
Its not a bad ploy and it fits well with the broader expansion strategy, but even so, this is a company with much greater ambition than selling pens to students. The post Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025 appeared first on Inside Retail Australia.
IR : International expansion seems to be top of mind for many Australian brands right now. The post Ksubi CEO Craig King talks store expansion and retail growth strategy appeared first on Inside Retail Australia. Both can have a positive impact on a brand and one is clearly more measurable than the other.
Perth Airport is looking for retail tenants for 32 new sites across all terminals as part of a multi-billion-dollar expansion project. The expansion and refurbishment project will deliver new terminal facilities, a new parallel runway, two new multi-storey car parks and an airport hotel over the next decade.
This expansion marks the beginning of a significant 10-year investment plan, with the US fast-food chain committing US$75 million to the venture. Inside Retail : Why did Chick-fil-A choose Singapore as the starting destination for its international expansion into Asia? Which countries might be next?
The international expansion offers immense potential but requires a commitment to preserving the authenticity and values that make Mt Yengo Wines unique. The post Mt Yengo Wines: Indigenous brand sees tenfold growth with global expansion appeared first on Inside Retail Australia.
Aldi’s expansion into the insurance industry will be backed by Australian insurance leaders Honey Insurance and RACQ Insurance. “At The post Aldi looks beyond groceries with expansion into the insurance industry appeared first on Inside Retail Australia.
This transformation demands a long-term strategic vision, adaptability, and an in-depth understanding of market changes, transitioning from a focus on expansion to creating value through experience and operational excellence. The conference sessions also provided a platform for brands to share their experiences in international expansion.
Green Cup has opened its seventh store in Hawksburn Village as part of its Australian expansion plans. Further reading: Acai cafe Oakberry opens seven stores in Australia-wide rollout The post Victorian healthy cafe concept Green Cup speeds expansion appeared first on Inside Retail Australia.
Inside Retail spoke to Balázs Krizsanyik, GM of Desigual Asia Pacific, and Tim O’Rourke, national sales and managing director at O’Rourke Showroom, to learn more about the brand’s local strategy for the Australian market and its expansion strategy globally. IR: Could you elaborate more on the expansion strategies in this market?
The growth is largely due to expansion in multiple markets, especially in Asia where the ‘blind box toy’ specialist’s next expansion plan is into Vietnam with the opening of its first two stores. Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year.
The post Ikeas US expansion plan: New stores, lower prices and a major NYC flagship appeared first on Inside Retail Australia. We’re really excited to see how we interact with the downtown New York consumer and the tourist traffic that will also be in that same area, but that’s going to be a really exciting location.
That is a significant and rapid expansion and one that would draw investor scrutiny. The post Uniqlo’s US expansion: Has the parent learned its lessons? Is Fast Retailing about to repeat its mistakes of the past, when it went into North America, expanded in sub-optimal locations, and had to retrench?
The post Retail Food Group swings to net profit on store outlets expansion appeared first on Inside Retail Australia. RFG’s portfolio includes Gloria Jean’s, Donut King, Brumby’s Bakery, Crust Gourmet Pizza and Beefy’s Pies.
To celebrate 90 years of Monopoly, Hasbro is reimagining its iconic board game with a modern design and introducing three new expansion packs: Go to Jail, Buy Everything, and Free Parking Jackpot. These all-new expansion packs and the completely redesigned classic board game are a result of deep consumer insights.
Women fashion brand Alamour The Label will launch its first flagship store in Sydney in mid-month, marking its expansion from online to physical retail. The store, located at 255C Oxford Street, has a Mediterranean-inspired design in nude and gold tones and offers a range of collections, including the Le Rouge and Honey lines.
Our expansion into Western Australia and regional areas demonstrates our commitment to bringing our premium gelato to more people, more often. Anthony Shina, Gelatissimos chief development officer, said the brand is on its way to becoming an international powerhouse.
From DTC to local and international expansion efforts The company opened its first pop-up shop, which ran from April 19-21, on Greene Street in New York City’s fashionable SoHo neighbourhood.
Sabo will open its first Sydney store in Westfield Bondi Junction next week as part of the expansion of its brick-and-mortar footprint. The expansion of stores will also allow Sabo to build out its winter offering, giving Australian customers a reason to shop the brand all year round.
Alistair Winning, Asset Manager at Sovereign Centros from CBRE, on behalf of Merry Hill, commented : “Merry Hill is a centre where brands not only succeed, but thrive, exemplified by the expansion of Footasylum.
A successful acquisition of The Reject Shop by Dollarama would allow the Canadian chain to continue its international expansion. The Board believes the proposed transaction will benefit both shareholders and stakeholders of The Reject Shop and is in line with the Boards priority to deliver shareholder value.
According to the brand, Mansergh’s appointment comes at a time of “significant momentum” for the company, which has had tremendous expansion in major international markets. Under Rebecca’s direction, the brand is planning an ambitious expansion in the US, with multiple shop openings planned for major areas this year.
Rising demand The strategic alliance coincides with a substantial expansion of Southeast Asia’s watch and jewellery sector, attributed to the region’s enhanced consumer purchasing power and increased tourism activity. Research company Statista estimates Southeast Asia’s watches and jewellery market to reach US$14.84 billion. “Our
“The new Emporium flagship marks a significant milestone in our strategic expansion, allowing us to bring our unique retail experience to a prime Melbourne location that serves a broader guest base,” said Paul Tinkler, VP of Lululemon ANZ. ” The new store is Lululemon’s ninth Australian project for the year.
Fulfilment expansion Amazon Australia is heavily investing in expanding its fulfilment capabilities in the local market. This is a key predictor of future growth, as the subscription provides free expedited delivery, creating a hook to drive repeat purchase with the platform over time.
Canadian activewear brand Lululemon Athletica aims to double its business through category, retail and market expansion and product innovation. SE: So when you think about the future, obviously you are still thinking about expansion in categories and locations. Sara Eisen : I want to talk about you and your journey. How big can it get?
Unilever is investing €100 million (US$105 million) to build a “world-class, digital-first” fragrance house, aimed at boosting the expansion of its fragrance segment.
Lovisa noted that it experienced a higher cost of doing business in the first half as it invested in team structures and technology for expansion, along with increased spending on digital marketing and events and a mix of stores in higher-cost markets.
Fast food operator Guzman Y Gomez has reported increased overall growth underpinned by overseas expansion in the third quarter. Network sales growth in Australia was reported at 11 per cent, while total network including the burgeoning US market was 23.6 The companys overall network sales were $289.5 million, compared to $234.2
Organic growth stood at 13 per cent, with like-for-like growth of 7 per cent and network expansion of 5 per cent. The jewellery company’s earnings before interest and taxes (EBIT) rose 13.3 per cent to US$1.11 billion on revenue up 12.6 per cent to $2.9
Vietnamese coffee chain Trung Nguyen is continuing its global expansion, opening its first store in Australia next month. The 400sqm store on Melbourne’s Courtney Street will feature a retail corner, a coffee-tasting area, and a cafe space.
“We remain focused on continued expansion of gross margins through growth of our owned brands, further growth of retail media, refined promotional cadence and disciplined inventory management,” said Sacha Laing, Adore Beauty CEO. However, its net profit attributable to shareholders declined 36.6
As we enter a new phase of accelerated growth and global expansion, we cannot wait to bring our latest innovative designs to denim enthusiasts in Australia, he added. Founded in 1989 and headquartered in the Netherlands, G-Star Raw is known for its premium denim products, signature craftsmanship and progressive aesthetic.
One of the key drivers in Papa Flocks expansion is community engagement. Our expansion in NSW reflects the love our customers have for our handcrafted menu made with high-quality locally sourced ingredients. Community engagement is at the heart of Papa Flocks growth strategy. However, we also offer consumers quality produce.
This expansion strengthens our bond with customers, showcasing not only our innovation and expertise in plant-based beauty but also our unwavering commitment to offering meaningful, deeply personal experiences. We are currently focused on the success of this inaugural store; its performance will guide our plans for future expansion.
billion in revenue by next year, Lululemon is betting big on product innovation, category expansion, and high-profile partnerships, such as its recent collaborations with Australian golfer Min Woo Lee and American tennis player Frances Tiafoe. With an ambitious goal of reaching US$12.5
We maintain a disciplined approach to capital deployment and operational excellence, optimising our existing network with carefully targeted expansion to ensure ongoing value for customers, partners, and shareholders, he added. The initiatives announced today provide strategic clarity and renewed purpose.
The executive said the new funding will be allocated across three strategic focus areas: product innovation and expansion, omnichannel retail presence, and international expansion. “We This international expansion strategy will enable us to refine our brand’s global appeal and gauge demand across diverse regions,” he explained.
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