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Numerous conferences and sessions held over the first two days provided a comprehensive overview of market trends, featuring many exclusive international speakers. Retail investment has been especially driven by the strong performance of the Italian, Portuguese, and Spanish markets, alongside robust results in the UK.
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. It offers the perfect setting for our largest global store, allowing us to showcase the full breadth of our collections to a unique, trendsetting market.
Dubai-based retailer and brand distributor GMG is ramping up its expansion in Southeast Asia and Hong Kong as demand for sports and lifestyle products soars. Despite its rapid expansion, GMG remains focused on a localised approach, tailoring its retail strategies to consumer behaviours in Malaysia, Singapore and Indonesia.
Streetwear brand Ksubi is making a splash in the Australian retail market, with new stores in Sydney and Melbourne, and a high-profile creative director in Pip Edwards. Inside Retail : Ksubi was founded in Australia in 1999, but until recently, it mostly operated in the US market. You can download the full report here.
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 spoke with Hugh Park, head of Asia Pacific operations at Chick-fil-A, about the brand’s vision for the Asian market.
Timing is everything and knowing when to launch in a new market can make or break a brand’s success in a new region. With such a saturated beauty and skincare market, why was it the right time for Bubble to expand and how did it do so successfully? The brand’s founder and CEO Shai Eisenman recently shed light on the Australian launch.
The connection to the land is not just a marketing tool but is embedded in the winemaking process itself. As the wine gains recognition, the brands reach extends beyond local and is appealing to national and international markets, eager to embrace more diverse and inclusive brands. Why, or why not?
And some seven years on, much to the dismay of retailers, it is now starting to shake the tree and become a real force in the market , as Australian shoppers increasingly turn to alternatives to manage the cost-of-living crisis. Amazon, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas.
some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. 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. Further global expansion remains under consideration.
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.
Since entering the US 39 years ago, Swedish furniture giant Ikea has come to dominate the furniture and home goods market with its wide array of accessibly priced products, unique store layouts and dedication to providing top-tier customer service. per cent in the past five years. This growth is largely thanks to the companys more than US$2.2
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. “The growth of the overseas market has given us great confidence,” said chairman and CEO Wang Ning.
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?
We won’t be engaging in one-off rewards or conditional discounts; we want to bring to the insurance market what we have successfully delivered in our grocery operations – a trusted, high-quality product with Aussie insurance partners that delivers everyday competitive prices for customers,” said Rodney Balech, group director of Aldi Australia. “We
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. Camilla entered Heinemann Australia’s duty-free store at Sydney Airport in 2023 as part of a pop-up promotion.
Australian fashion jewellery chain Lovisa is continuing with its global expansion after profits jumped 20 per cent for the full year. The company says a key driver for sales was its continued global expansion where 172 new stores were opened during the year taking the total to 801 stores across 39 countries. Sales reached $596.5
The company has signed a deal with Good Products & Co for the distribution of its products in the two markets. “We look forward to reconnecting with our Australian customers, who were among the first international markets to embrace our brand when we initially expanded globally, said Rob Schilder, CEO of G-Star.
The retail operations are not just confined to malls but also incorporate custom-built high streets and markets. The wet market still reigns supreme for the time being. The post Why Filipino mall giant SM Prime remains committed to regional expansion appeared first on Inside Retail Australia. billion of revenue in 2023.
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. For the first seven weeks of the second half, comparable store sales rose 3.7
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. Once you put these on your feet, you’ll realise they are truly life-changing,” Hogan confirmed.
“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. .
That is a significant and rapid expansion and one that would draw investor scrutiny. The company is now certainly a lot further along in building brand awareness through significant investment in marketing and, at least on some level, it has a better understanding of the American shopper than it once did. million in Texas.
Yum China Holdings, the operator of KFC and Pizza Hut in China, defied economic headwinds, delivering record-breaking revenue and significant expansion last year. Ding noted that China is still a very big market. And our market share, relatively speaking, is still very small, even though we are the biggest player in the market.
Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, including Australia and Taiwan, the company’s CEO said, even as geopolitical concerns with China simmer. Bader said Dairy Queen would be mindful of political concerns in whichever market it entered. “We do not have a presence in Europe.
Craveable Brands has named Ben Simmons as the new marketing director for Oporto Australia, effective from late last year. Simmons was previously the GM of marketing and operations for Taco Bell at Restaurant Brands Australia and the senior marketing manager at KFC.
With international expansion on the horizon, we sat down with founder and CEO Shelley Sullivan to talk through the brand’s journey, as well as what makes it tick. Can you tell me a bit about MCoBeauty’s expansion plans? IR: Are you approaching that market differently than you would approach Australia and New Zealand?
The funding will help support Pet Circle’s growth as it continues to invest in expansion to potentially secure a larger share of the pet supplies market – worth $12 billion annually. million last year. The investment in Pet Circle is subject to receipt of customary regulatory approvals.
The arrival of the first Australian location in 40 years will kickstart national expansion. Rolling out a burger chain across the country has proved challenging for other US brands which have dipped their toes in the Australian market in recent years. Five Guys hit the Australian market in 2021.
An immense passion for outdoor sports and strategically accelerating brands drew Moore to the Salomon business, where he is now leading its next phase of growth within the ANZ market. He attributes this new positioning to driving the huge growth of the brand in the Australian and New Zealand markets.
Not content with capturing the Australian and New Zealand market, Group CEO Felicity McGahan said that Nere – which strives to offer an affordable range of suitcases, travel bags and accessories – is adding another sticker to its passport by expanding into the United Kingdom. The market size in the UK market was also exciting.
per cent growth this year reaching a market value of $2.67 According to Research and Markets, the trend of social buying and shopping is expected to record “significant expansion” in coming years with the gross merchandise value of such transactions predicted to reach $5.17 billion by 2028.
The brands recent drops with Sanrios Hello Kitty and the Mr Men & Little Miss characters, and previously, with Disney, alongside clever category expansion have turned it into a $50 million business. How do you define this category, and what differentiates the brand from both traditional luxury and mid-market competitors?
Under the leadership of the brand’s marketing director Nick Jackson, the third generation of the family to run the business, Peter Jackson has rolled out a new e-commerce platform, which supports a seamless omnichannel experience for customers across all touchpoints. So, we see value in our marketing efforts through that scale.
During Covid, the retailer lost significant market share when lockdowns and movement restrictions saw many shoppers move online to buy groceries. But this year, amidst surging inflation and the rising cost of living, the retailer has rebuilt its market share as shoppers look to cut costs.
Ralph Lauren has reported a lower growth rate for its fourth-quarter revenue, but an analyst said the brand is still doing well amid a wider slowdown in the luxury market. Neil Saunders, MD of GlobalData, said the moderate growth was in line with expectations given the general trend in the luxury market. “In Sales in Asia were up 1.1
In February, the business announced it had experienced 225 per cent year-on-year sales growth, primarily driven by its strategy in the US market. The US fashion market has a history of making or breaking Australian fashion labels and Leo Lins move into the US saw the brand double its revenue in just two years.
To achieve this target, the Copenhagen-based company will increase investments in brand desirability and the store network with a refreshed marketing strategy and elevated in-store experience. The company’s new financial targets include an organic growth of 7-9 per cent CAGR from 2023-2026, with a network expansion of about 3 per cent.
Flying Tigers expansion strategy is rapid; it plans to have a footprint of 50 stores across Australia in the next five years. The design-led variety retailer is looking to offer Australian consumers an entirely new shopping experience and fill a gap in the market with its sustainable, affordable and playful designs.
After enjoying massive growth during the Covid-19 pandemic thanks to the panic-buying-induced toilet paper shortage seen in many countries, the business has expanded significantly: focusing on the US market, and launching a new brand, Good Time , which brings its sustainable focus to the personal care industry. But it’s just the beginning.
The global expansion includes the rollout of the brand’s best-selling products and two new ones exclusive to Target US, across almost 1000 stores and an expanded range at Target.com. Naked Sundays prides ourselves on being first to market and at the forefront of SPF innovation. million locally and US$11.52 billion worldwide.
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.
When she accidentally dropped two glass reusable cups in a week – and didn’t have a lid that could be used for the cups in her draws – she identified a gap in the market. However, Yehezkel observed that Australia has greater take-up of reusables compared to other overseas markets.
With ambitious plans to expand its offerings and scale into new markets, Circular is not just making waves in the tech industry, it’s setting a precedent for what the future of sustainable technology consumption could look like. The story so far “Early testing in various APAC markets has shown a strong demand for tech subscriptions.
But even with six, we’re proud to be the largest secondhand bricks-and-mortar retail service in Australia, and our plans are to achieve broad nationwide expansion in the next couple of years. The post Goodbyes’ roadmap for national expansion and a store in every city appeared first on Inside Retail Australia.
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