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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. Meanwhile, Hong Kong remains a strategic retail hub with a high-spending customer base and access to premium retail spaces.
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.
Streetwear brand Ksubi is making a splash in the Australian retailmarket, with new stores in Sydney and Melbourne, and a high-profile creative director in Pip Edwards. This story first appeared in Inside Retail’s 2025 Australian Retail Outlook, powered by KPMG. You can download the full report here.
Retail chain Oh!some 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. In December, Oh!some
With Rolex’s reputation in luxury watchmaking and Bucherer’s expansiveretail presence across several countries, the union promises to strengthen the symbiotic relationship that has grown since 1924. It’s driving customers into a dark secondary market, where they risk buying a lemon, or, worse, a fake,” he stressed.
At IADS, we view India with great interest, believing it holds promise for this format, especially as many players are either entering or considering the market. Recent developments in the luxury department store segment demonstrate this growing interest in India’s retail landscape. per cent expansion. per cent by 2028.
Kearney, a renowned global consultancy firm, recently unveiled its latest findings in the 2023 Global Retail Development Index (GRDI) report , shedding light on emerging market potentials and strategic pathways for retailexpansion. Estimates suggest China’s social commerce market enjoyed a 40.25
The luxury retail landscape in India has long posed a formidable challenge for international brands. With a vast population still grappling with basic needs and a price-sensitive market, many global luxury players have incurred significant losses in the past. times by 2030, reaching a staggering US$300 billion.
Despite modestly positive expectations for 2024, the luxury retailmarket did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion.
The app’s initial rollout covers major cities like New Delhi and Mumbai, with plans for nationwide expansion. Underlying impacts The partnership between Reliance Retail and Shein represents a significant shift in India’s fashion landscape, with several key implications for both businesses and consumers.
For vape juice brands, staying competitive in the retailmarket requires a deep understanding of the latest trends influencing sales. Brands are now experimenting with innovative flavour combinations and seasonal releases to stand out in a competitive market.
Inside Retail sat down with co-founder and CEO Johansson to discuss the brand’s decision to open a bricks-and-mortar location in New York City and its plans for global expansion. Inside Retail : Axel Arigato recently opened its first US-based bricks-and-mortar space in Soho in New York City.
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.
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 Miller, who served his last tenure as CEO and chief creative officer at the Collected Group for seven years, is well positioned to lead Dion Lee toward global expansion.
The menstrual care market has long been dominated by major global manufacturers. 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. IR : How does Viv for your V stand out in the competitive menstrual care market?
Reports have been circulating for more than a month now that Thailand’s Central Group is in talks with Vietnam’s Vincom Retail that could lead to the Thai company buying a majority stake. It is a particularly big headache in secondary markets and the non-CBD areas of the big cities. So far, it’s doing the trick. per cent.
. “Lotte Duty Free Melbourne Airport store … will be a key hub for Lotte Duty Free’s global business expansion and (duty-free) market recovery,” said Kim Ju-nam, CEO at Lotte Duty Free. The company has 13 stores in six international markets.
Apple, known for its long game worldwide in terms of products, services, and marketing, finally arrived in India earlier this year. In April, the tech giant launched its first two stores, both of which achieved record-breaking sales during an off-season period when online retail dominates the market. billion people.
After forging a successful corporate career as a strategy and marketing executive for Japanese tech company Brother International, Lewisham was inspired to reflect on the potentially harmful ingredients in the skincare she was using after a series of personal events. IR : How does Emma Lewisham fill a white space in the beauty market?
An extensive portfolio of classic and popular fashion brands will enter the Australian retail sector for the first time as Brand Machine Group (BMG), a global leader in branded fashion manufacture and licensing, launches into the local market in 2024. In Australia, the home décor market segment is set to generate a revenue of $2.77
In a market as saturated as leather goods and accessories, it’s hard for brands to find ways to stand out. 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.
From waiting tables to a career in digital marketing and project management, each experience contributed to my business-building journey. With this capital in place, what are some potential areas of expansion for the brand planned? RR: Channel expansion is a primary focus for us. IR : In December 2023, Subtl Beauty raised $8.4
From one analyst’s perspective, the Australian mergers and acquisitions landscape is considered to be relatively subdued, but there are signs that confidence in the market is returning. billion after the share market closed on June 7. He added that “even if [the company does not go public], the market won’t be down forever,” he said.
In the case of Chemist Warehouse, the acquisition would position it as a superpower in the Australian pharmaceutical market, dominating the wholesale and retailmarkets through vertical acquisitions across the value chain. A benefit of this strategy is the ability to bypass regulatory filings, or the funding to go public.
The largest Danish retailer operating globally, JYSK , is set to open two new stores within the Greater Manchester region as part of its ambitious UK expansion plans. Our head office operations are also based in Stockport, so we have a strong affinity for the area and continue to see it prosper.
Skechers has selected actor Lawrence Wong as its Singapore brand ambassador for the second year running, in an ongoing effort to strengthen its appeal to a broad consumer demographic in the saturated market. She noted that culture and weather play a huge role in shaping the Singapore retailmarket. sale last year.
As of last year, Erewhon had amassed a total ending market value (EMV) of $60 million, exceeding more accessibly priced grocery chains like Sam’s Club ($59 million EMV) or Sprouts ($27 million EMV), a report by influencer marketing platform CreatorIQ stated. This story first appeared in the June 2024 issue of Inside Retail US magazine.
Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. Accept that China is a very different market to the one you’re used to. Research the right market.
Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retailmarket, with the company making strides in its sustainability and circularity initiatives. One example of this is the recent expansion of Vero Moda.
The store also marks the brands first major foray outside of the Asian retailmarket, where it has about 470 stores. Following the success of the pop-up shop, GU opened its first US-based, permanent bricks-and-mortar location this September at 578 Broadway in New York City.
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
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. Not only in Aeon shopping centres.
Kicking things off with a Kickstarter campaign Like many indie brands on the market today, a large source of funding was found via Kickstarter, a public funding platform for creative and entrepreneurial projects. Lisbona partially credits the company’s popularity on the video-focused social media platform to its success in the market today.
While the everyday consumer has become pri c e-sensitive with the growing costs of living in the US, the 1 per cent is still spending – to a point where the luxury shopping market has become more competitive than ever. The market is expected to grow at a compound annual growth rate of 3.22 billion in 2024. billion in 2024.
Off the back of its recent funding round, we spoke with Popchill co-founder Andy Kuo about its plans to expand into Singapore and beyond and how investing in marketing, AI and tech talent is the key to future growth. Inside Retail : You recently completed a successful funding round.
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 “extraordinary results”, the company is currently one of the best performers in the retailmarket, commented Neil Saunders, MD of GlobalData. They also provide a springboard for future initiatives, including more international expansion,” Saunders concluded.
The businessman led the brand forward with a unique mix of modern and traditional marketing strategies and product development. Building a new family legacy Speaking to Inside Retail , Sissi explained that she had no intentions to work alongside her father but is thrilled to be a part of the business today. 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.
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It’s been quite a year for Indian beauty retailer Sugar, which has just concluded a $50 million Series D fundraise led by the Asia Fund of L Catterton. L Catterton’s strategic partnership with LVMH will also supercharge Sugar’s expansion in the near future. The immediate future. The Indian landscape.
The inventor of the teddy bear, Margarete Steiff GmbH, has joined forces with China trading expert Melchers Group to enhance the marketing and distribution of Steiff products across mainland China. Steiff recognises the enormous potential of the Chinese market, especially in high-quality toys and gift items.
A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.
India’s DTC retail landscape has been evolving rapidly, driven by factors like increasing internet penetration, a shift in consumer preferences towards online shopping, and the ascent of digital marketing. Industry experts predict significant further expansion in the DTC market in the years to come. What lies ahead?
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