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
Trends in the Commercial Investment Market The retail real estate market was a focal point of this years MAPIC, with a strong emphasis on investors perspectives regarding retailmarket trends and outlooks. These sessions revealed an optimistic vision of the resilience of retail as an asset class.
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.
Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store Saks Fifth Avenue to expand its luxury retail portfolio through its subsidiary Reliance Retail, the company said in its third-quarter financial report last week. per cent expansion.
Southeast Asia expansion Beyond Indonesia, Oh!some some identified Malaysia as its next key market, driven by the countrys young consumer base and thriving retail environment. For these reasons, we decided to use these two cities as pilot locations for the Malaysian market, the person said. In December, Oh!some
The brand has three bricks-and-mortar shops in Colombia, one store in New York Citys SoHo neighbourhood, and a new flagship location at one of Miamis largest luxury shopping destinations, Aventura Mall. The store also marks the brands first major foray outside of the Asian retailmarket, where it has about 470 stores.
That changed with the recent addition of a Miami flagship, its first location in the US. Global expansion Dion Lee’s biggest market is in the US, so expanding the brand’s physical store footprint to the States was the next logical move. “We Dion Lee’s next store is set to open in SoHo, New York City, early this year.
Vincom tries to cover itself with four tailored formats: Vincom Center, which is designed for high-density locations; Vincom Mega Mall, a retail/entertainment concept averaging about 110,000sqm of gross floor area (GFA); and Vincom+ and Vincom Plaza, two formats that are oriented toward smaller provincial cities.
Since launching in January 2020, Viv for your V has steadily built its direct-to-consumer (DTC) and e-commerce presence via retailers like Amazon and TikTok Shop. As of March 13, the brand will be expanding its brick-and-mortar presence via 500 Whole Foods locations across the country.
More recently, the brand has been making a play for the North American retailmarket and opened its first US-based bricks-and-mortar store in the stylish neighbourhood of Nolita in New York City this fall. What inspired the bricks-and-mortar expansion into the US market and why was New York chosen as the first US location?
Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. Can an old dog learn new tricks? In August, Macy’s announced that its second quarter net sales fell by 8.4 per cent year-over-year to US$5.1
Australian consumer electronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. The group eventually decided to “double down” on the New Zealand market, and invest in building it up as the broader retailmarket recovered.
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 site is expected to be trading by the end of this year.
Despite having just 10 locations – all in LA County – the upscale grocery chain has become a household name, thanks to the popularity among celebrities and influencers of its $20 smoothies and other high-priced food items. You don’t need to live in Los Angeles to know about Erewhon.
The New York City store, located at 611 Madison Avenue in Midtown is the epitome of how Granado wishes to present itself to the American retailmarket, Sissi explained. Brazil and beyond Granado has witnessed impressive growth within the past four years, largely driven by its international expansion efforts. million).
The expansion in Australia is part of a long-term strategy for Canada Goose, which will operate under a brand management agreement with Brand Collective. Integrated omnichannel offering Brand Collective CEO Eric Morris told Inside Retail that he was amazed to see just how popular Canada Goose products were across Europe and America.
They join a host of Aussie-born apparel and lifestyle brands, including July, Princess Polly, Culture Kings, Bared Footwear, Papinelle and Frankie4, that have been expanding their omnichannel presence in the American retail landscape over the past few years. “This has then acted as a springboard for more expensive physical expansion.”
With the closure of the underperforming stores, Macy’s explained it would be concentrating on luxury shopping offerings moving forward which includes opening 15 Bloomingdale’s stores and 30 Bluemercury cosmetics locations in the next three years. It challenges the status quo to create a more modern Macy’s, Inc.… Where did Macy’s go wrong?
Snuggled in a forest at the foot of Japan’s Mt Fuji, Gotemba Premium Outlets is in a location that is picturesque, to say the least. It takes a great centre to do justice to the location alone, and Gotemba qualifies. The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world.
With further expansions slated for Soekarno–Hatto International Airport in Jakarta and Chhatrapati Shivaji Maharaj International Airport in Mumbai, Tumi is reinforcing its commitment to the travel retail sector. Overall, the outlook for the Asia-Pacific and Middle East travel retailmarket is positive.
Pierre Yovanovitch chose a penthouse in a pre-war building for his New York gallery This business expansion offers a permanent base for Yovanovitch and his team in New York, and allows customers and clients from his largest retailmarket to see the Pierre Yovanovitch Mobilier products first-hand.
The pharmacy sector is undergoing substantial expansion, creating considerable prospects for both business owners and medical experts. According to Statista, the global pharmacy market is projected to reach an impressive USD 1.52 trillion in revenue by 2025.
Brands such as Boat, Wow Skin Science, Sugar Cosmetics, Lenskart , Licious, and Mamaearth have carved out a niche in the Indian retailmarket by connecting directly with consumers. Estimates suggest that India is now home to over 800 DTC companies, with the ecosystem’s market value reaching about US$12 billion in 2022.
Levi’s expansion strategy in Asia doesn’t look like it’s slowing down anytime soon. The global denim brand recently opened its largest brick and mortar location in India’s Bangalore. She explained that the company has invested heavily in its supply chain and logistics capabilities to navigate market disruptions effectively.
Not counting the shop in Slovenia this is the first step of an Irish clothing brand into the Central European market. And Primark made plans for further expansion. But let’s be honest, the Irish brand enters a very strong retailmarket of affordable clothing and homeware in Central Europe. And many others.
“They’ll be a proven set of hands who know the upmarket department store business well and can quickly leverage Selfridges’ native strengths in brand and location. It also raises the possibility of international expansion. “It What does it say about the future of department stores?
By nature, the convenience store industry is highly profitable, with fatter margins than supermarkets driven by location and being a ‘quick fix’ for daily needs. By October 2019, South Korean companies were described by Korea Bizwire as “engaged in a fierce battle with Japanese rivals” in Vietnam, which it likened to a “post-China” market.
Since launching in January 2020, Viv for your V has steadily built its direct-to-consumer (DTC) and e-commerce presence via retailers like Amazon and TikTok Shop. As of March 13, the brand will be further expanding its brick-and-mortar presence via 500 Whole Foods locations across the country.
Have a look and below, and see how you can apply them in your expansion plans. If you already scaled regionally, chances are you have existing, repeatable policies and processes across your regional locations. Be mindful of major distinctions between different locations. Existing capabilities and demand.
Have a look and below, and see how you can apply them in your expansion plans. If you already scaled regionally, chances are you have existing, repeatable policies and processes across your regional locations. Be mindful of major distinctions between different locations. Existing capabilities and demand.
Covering an impressive 2,300 square meters, the Dubai flagship store is located in the premium residential district on Al Wasl Road spread across two floors. Passionate about innovation, he brings valuable insights to the brand and spearheads the five-year expansion plans across the Middle East, Asia, and North America.
It’s crucial for small and large businesses throughout the retail industry to know what’s next. Here’s a look at retailmarket trends in 2021 and beyond. What Are Retail Trends and How Do You Look Out for Them? 10 Retail Trends to Watch Out For in 2021 and the Coming Years.
They arrived with great fanfare but many international retail brands have found the Australian retailmarket has been a graveyard. Even prime locations, local partners, name recognition and often a portfolio of new merchandise brands haven’t kept Australia from becoming a dead end for some major international retailers.
The countrys median age is 32, and its population of nearly 100 million is increasingly adopting modern shopping habits, fueling demand for retailexpansion. Compared to Thailand, Indonesia, or Singapore, Vietnams retailmarket is still developing, said Matthew Powell, director of Savills Hanoi.
This is TALAs first foray into owned physical retail space, though it has built a reputation for turning digital demand into retail success, demonstrated through a standout partnership across the Selfridges store chain, which commenced in Spring of 2024.
Under his leadership, the K11 chain of malls was created: the first of them, opened in 2009, was the K11 Art Mall in Tsim Sha Tsui, located adjacent to the teeming Tsim Sha Tsui and East Tsim Sha Tsui stations and connected to the Hyatt Regency Hotel. billion loss in the year ending June 2024. (For
Because if you’re going to open across states, you need the logistical capability to support that expansion. IR : Harris Scarfe was acquired by the Spotlight Group, one of Australia’s biggest private retail companies, in 2020. So we will open stores only in locations where it makes sense to do so commercially.
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