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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.
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.
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. CK: Finding a replacement for Yellowstone.
Booming luxury market India’s luxury market has emerged as one of the most discussed and promising retail sectors in recent years, with global brands increasingly focusing their attention on this rapidly developing market, particularly as concerns about Chinese consumer spending continue to influence strategic decisions in the luxury industry.
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.
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. It was valued at $3.8 trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022.
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. some’s strategy and one of the major reasons we are competitive in the retailmarket.
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.
The expansion of luxury retail, both in the present and the foreseeable future, extends beyond major Indian metropolises like New Delhi, Mumbai, Hyderabad, and Bangalore, encompassing upscale towns across the nation. The number of millionaires in India is expected to double to 1.6 million within the next three years.
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.
Luckily, Vietnam has never been dependent on tourism to drive demand to the same extent as some of its neighbours, notably Thailand, so it is mainly domestic consumption that will underpin retail sales growth. The real engine of occupancy growth is likely to be the expansions of the latter. So far, it’s doing the trick.
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. Building strong relationships with customers through targeted marketing not only drives sales but also creates brand loyalty in a competitive market.
As the world’s second-largest smartphone market, India is crucial for Apple’s growth. While the company has been shifting its production from China to India due to geopolitical tensions, its retailmarket in the world’s most populous country has not been as strong. appeared first on Inside Retail.
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?
. “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 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.
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.
IR : In today’s retailmarket, there are varying definitions of what constitutes a “clean” and “eco-friendly” product. What are some major misconceptions the retail industry has regarding the realities of creating and running a sustainability-focused and eco-friendly menstrual care?
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.
IR : How did the Credo Beauty partnership come about and what does this signal about the brand’s strategic plan for the US retailmarket? The Credo partnership signals a strategic step forward in our expansion within the US retailmarket. EL: The partnership with Credo came about organically.
The brand’s Japanese anime collaborations, such as One Piece, Pokémon and, more recently, Demon Slayer, have also done exceptionally well in the market, laying the groundwork for further expansion in the region. “We She noted that culture and weather play a huge role in shaping the Singapore retailmarket.
BMG is looking to bring more “street casual” and “outdoor brands” to Australia after meeting with a few local retailers who showed “quite an unexpected excitement” towards BMG’s offering in that market segment, Jalil said. And then we kind of ended up in licensing by default really,” Jalil 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.
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. Birch thinks the ‘distribution’ factor may have been a key driver for the acquisition.
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.
As high-end retailers seek to capture and hold onto the 1 per cent shopper’s attention, Saks Fifth Avenue is ramping up its personalised shopping concept, Fifth Avenue Club. What are the factors behind the Fifth Avenue Club’s rapid 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.
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. Even with a cautious approach to expansion, Touchland has created a noteworthy omnichannel distribution.
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.
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
Dunkin’ Donuts and its sister franchise, Baskin-Robbins, needed a reinvention, and in 2006 the consortium of PE firms actioned this intervention with changes that included expanding the menu, improving store layouts, and accelerating international expansion.
How the luxury grocery retailmarket blew up The market for luxury groceries is driven by three main factors: a growing disinterest in traditional luxury goods, the expansion of wellness culture, and the recent fashionability of food.
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.
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).
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.”
Inside Retail : You recently completed a successful funding round. Andy Kuo: We plan to significantly invest in our marketing budget in Hong Kong while also funding expansion into the new market, Singapore. Our marketing strategy will heavily leverage Google/Meta and YouTube advertising.
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 such a competitive retailmarket, can you describe Subtl Beauty’s unique points of differentiation? IR : In December 2023, Subtl Beauty raised $8.4
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. Holistic expansion strategies. The immediate future.
The consumer goods push under a vertical named Reliance Retail Consumer Brands will come on top of Ambani’s brick-and-mortar store network of more than 2000 grocery outlets and ongoing expansion of “JioMart” e-commerce operations in India’s nearly $900 billion retailmarket, one of world’s biggest.
So much so that Gotemba’s most recent expansion was opened confidently in the middle of the pandemic, bringing its store floor area to 61,000sqm and its store count to 290. The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world. Thus, three expansions at Gotemba.
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.
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. Convenience stores and the e-commerce sector were growing much faster than the overall market. Since Covid arrived, another local player has joined the fray.
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.
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