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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
Costcos latest store opening in Ardeer, Melbourne, marks a significant milestone in the retailer’s continued expansion throughout Australia. Despite rising costs and inflation in the current economic climate in Australia, Costco has maintained its pricing strategy and incentivised loyal members rather than increasing margins.
We recently spoke with CEO Craig King about his strategies for navigating economic challenges, the role of physical stores and tips for driving international growth in 2025. How did the macroeconomic environment affect Ksubi in 2024, and what strategies did you deploy in response? CK: Finding a replacement for Yellowstone.
Strengthening presence in Greater China Greater China is key to our Asia Pacific business strategy as it is our number one region, the executive said. Looking ahead, additional brand partnerships are in the pipeline as part of Tumis broader regional expansion efforts.
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?
Two dedicated sessions delved into analyses from international investors, highlighting their views and strategies in an evolving environment. Investors are returning to the market with growing volumes, particularly in Southeast Europe and the UK, adopting an opportunistic strategy centred around winning concepts.
They include new brands and licences, developing and progressing its own brands, expanding its category offerings for the licences it already holds, and expansion outside of Australia and New Zealand. The post Inside Designworks’ four-pronged expansionstrategy appeared first on Inside Retail.
Global community identity With a desire for easy, effective and fun skincare uniting Bubble’s customer demographic across international markets, the company’s global expansion has been relatively smooth. The post How Bubble cracked the Australian market, by mirroring its US and UK strategy appeared first on Inside Retail Australia.
IR : How do you plan to approach overseas expansion? Right now, our primary focus is on strengthening our online DTC model, but I see opportunities for international expansion in the future. Were focused on direct-to-consumer channels for now, but there are exciting things on the horizon, including international expansion.
Its not a bad ploy and it fits well with the broader expansionstrategy, 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.
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? Further reading, How Yum China’s growth strategy is paying off.
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 expansionstrategy globally. IR: Could you elaborate more on the expansionstrategies in this market?
Assessing the financial ramifications of expansion, such as entering new markets or releasing new goods, ensures that growth plans are feasible. The post Financial Management Strategies for Small Business Owners: Navigating Cash Flow and Growth appeared first on Retail Focus Magazine - Retail Design.
The international expansion offers immense potential but requires a commitment to preserving the authenticity and values that make Mt Yengo Wines unique. IR : What is your strategy to enter Europe and the UK, does it differ from the US and China? Why, or why not?
billion investment in its omnichannel strategy. The post Ikeas US expansion plan: New stores, lower prices and a major NYC flagship appeared first on Inside Retail Australia. Recently, Ikea has been seeing major gains in its US business, increasing its market share by 13.6 per cent in the past five years.
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
SM Prime Holdings, the largest mall operator in the Philippines , has underlined its regional development strategy in the archipelago with the grand opening of a new mall in Mandaue City, Cebu on October 25. The post Why Filipino mall giant SM Prime remains committed to regional expansion appeared first on Inside Retail Australia.
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.
“In a tough macro environment, we are pleased to have delivered on the first year of our growth strategy whilst building organisational capability and a customer led culture,” said Matt Marshall, RFG CEO. The post Retail Food Group swings to net profit on store outlets expansion appeared first on Inside Retail Australia.
Fulfilment expansion Amazon Australia is heavily investing in expanding its fulfilment capabilities in the local market. We need to integrate our core presence with strategies to cut through on the digital shelf and this is where promotion plays a vital role.
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
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.
The unique set of Salomon partner trail events is an expansion of its global strategy. Whilst I cannot provide specific detail into the strategy drivers, we have a very clear focus of what it will require to achieve this over the next three to five years,” Moore said. “I
Following the success of fellow Kiwi outdoor brand Kathmandu , outdoor clothing brand Bushbuck is raising equity to speed up its expansion in Australia. The company’s growth strategy includes building brand awareness, developing new products, and expanding its team members.
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. That’s really our brand strategy. Can you tell me a bit about MCoBeauty’s expansion plans? SS: It depends on the strategy, really.
New store formats and category expansion Part of the process of designing the store of the future was identifying a new vision for Baby Bunting to create the best start for the brightest future. Another way he is looking to grow the business is through store expansion. The two core pillars of that strategy are feeding and sleep.
“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
Of her appointment, Frangie said she will be “laser-focused” on delivering sustainable growth and expansion while not wavering from operational excellence. Frangie, the former COO of the business, will now look after the day-to-day operations of the company and focus on growing the brand into more stores.
Amazon’s steady and strategic expansion of its logistics network has given it an edge in speed and efficiency. For traditional retailers, competing with companies that prioritise growth and data over immediate profitability can be incredibly challenging, as it requires a shift in mindset, strategy and operations.
Despite some unsuccessful forays beyond the borders of Australia and New Zealand by some retailers, there is increasing optimism about global expansion. With that in mind, Country Road and Peter Alexander may have been better off focusing on Asian markets than the US in their previous international 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. A strategy aimed at female consumers? With an ambitious goal of reaching US$12.5
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?
Canadian activewear brand Lululemon Athletica aims to double its business through category, retail and market expansion and product innovation. CEO Calvin McDonald recently discussed the strategy with CNBC s Sara Eisen at the National Retail Federation conference in New York. Sara Eisen : I want to talk about you and your journey.
A shift in Chinese retailers’ strategy toward lower-priced goods and services to win cost-conscious consumers risks embedding the country’s recent deflationary trends more permanently into the world’s second-largest economy. Reporting by Sophie Yu, Brenda Goh; Editing by Christian Schmollinger, of Reuters.
In an interview with Inside Retail , McGahan discussed what the UK expansion would look like, and what’s in store for the recently rebranded company as it explores broader horizons. FM: We’ve had two strategies at Strand. That continues to be a part of our modernisation and growth strategy in Australia.
Flying Tigers expansionstrategy is rapid; it plans to have a footprint of 50 stores across Australia in the next five years. The first two stores will open in Sydneys Stockland Shopping Centres before adding three further stores in New South Wales to its bricks-and-mortar network in 2025.
The brand offers international shipping for online orders but does not plan to invest in brick-and-mortar retail overseas as part of the next phase of the growth strategy. “We’re This is a key part of the brand’s expansion, but it doesn’t mean stores will carry less stock. Data will shape how we fill out the shops moving forward.
This marketplace expansion means sellers must take a multichannel approach to selling that meets the target audiences where they shop. . The post Five e-commerce trends to shape your 2023 strategy appeared first on Inside Retail. The number of digital touchpoints is on the rise.
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 expansionstrategy will enable us to refine our brand’s global appeal and gauge demand across diverse regions,” he explained.
One of the key drivers in Papa Flocks expansion is community engagement. Community engagement is at the heart of Papa Flocks growth strategy. Our expansion in NSW reflects the love our customers have for our handcrafted menu made with high-quality locally sourced ingredients. However, we also offer consumers quality produce.
The investment in digital services, as Ikea embarks on a 2 billion euro expansion in the United States, is in keeping with rival Wayfair, which last month launched a ‘Digital Design Studio’ – an in-store kiosk where shoppers can experiment with furniture styles and layout in a digital rendering of a room.
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.
Cultivating a supply chain for the future At the heart of Maison de Sabres expansionstrategy lies a vertically integrated, zero-waste supply chain that allows the brand to remain price-stable while competitors are forced to pass rising costs onto consumers.
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. These retailers have really helped us in that global expansion but particularly within the US that’s really our strongest market, shared Good.
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