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Fashion industry insiders are speculating about the future of Australian Fashion Week (AFW) following the news of IMG’s exit from the country’s premier fashion event. Since its debut in 1996, AFW has attempted to evolve alongside Australia’s dynamic fashion landscape.
Differentiating The bricks-and-mortar beauty retail market in Australia is becoming crowded, with Wesfarmers’ new beauty offering Atomica joining Chemist Warehouse’s Ultra Beauty, homegrown cult-favourite Mecca and international import Sephora. .”
The Sussan Group, the retail collective behind women’s fashion brands Sportsgirl, Sussan and Suzanne Grae, is incorporating “responsible fibres” into its supply chain and investing in futuristic pilot projects, such as making a compostable T-shirt, as it looks to increase consumer awareness of its sustainability initiatives.
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.
The company started with selling socks and has grown into a multi-faceted business known for its sustainable and functional fashion. The company also announced its plans to expand into the Asia market this year, alongside multiple new exciting product launches.
In fact, Australia’s second-hand market, covering everything from clothing, electronics, furniture, and cars, is worth around $46 billion and just keeps growing. As an occasional buyer and seller of second-hand fashion, I’ve been watching the trend with interest. The post From “fast fashion” to “fast thrifting”: When will we learn?
We are also looking to elevate and open a number of stores new and existing across the different markets. The Blue Tab Collection, on the other hand, recognises market demand for more premium denim offerings. IR: Are there any specific markets or segments in Asia that you see as critical growth opportunities?
some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. 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.
Luxury fashion brand Camilla has named Rebecca Mansergh as its new CEO. 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. She steps up after serving as acting CEO for the past year.
Golden Goose aims to gain more market share in Australia by establishing a strong retail presence and building lasting community connections through new retail experiences. Inside Retail spoke with Mauro Maggioni, Golden Gooses Apac CEO, about how the business plans to grow its market share in the global US$39.91
Myer’s acquisition of Premier Investments’ Apparel Brands appears to be the next step in Olivia Wirth’s plan for the department store’s loyalty program, Myer One. Wirth’s leadership has focused on in-store enhancements, customer loyalty, and curated brand partnerships, helping Myer adapt to and anticipate market shifts,” she added.
Former Lovisa CEO Shane Fallscheer is launching his jewellery business, Harli + Harpa, which plans to roll out several stores by Christmas. The new retailer will market itself as “Your walk-in jewellery box” and open a store at Sunshine Plaza, among other planned locations.
This will be the global online fashion retailer’s seventh Australian pop-up and is set to showcase its extensive range of on-trend, affordable and size-inclusive collections. The post Shein plans its first Perth pop up later this month appeared first on Inside Retail Australia.
Coach’s parent company, Tapestry, is nearing a deal to acquire luxury fashion giant Capri Holdings, marking one of the biggest fashion tie-ups this year, according to the Wall Street Journal. WSJ estimates Capri Holdings’ market value at $4 billion and Tapestry’s at around $10 billion.
While established fashion brands are attempting to find solid ground in the current economic downturn, a new guard of Australian designers are trying to get their foot in the door. Fashion is an industry that worships breakthrough talent but gaining access to the necessary resources to innovate and disrupt is half the battle.
Fashion marketplace Poshmark has announced the closure of its operations in Australia, India and the UK to focus on its North American business. The company said on its website that it plans to increase investment and “drive meaningful growth” in its core markets – the US and Canada. billion last year.
In a press release, Jean-Marc Bellaiche, Printemps Groupes chief executive officer, stated, “We think we can bring something unique, both to its engaged local consumer base and the strong tourist flows the city welcomes We plan to pioneer a new format of experiential retail in this fast-changing and demanding market.”
Window shopping is about to get a whole lot more exciting, with Australian designer fashion brand Oroton launching augmented reality try-on mirrors across the window displays of its stores in Sydney’s Queen Victoria Building and Brisbane’s Queen Street Mall. We are only just scratching the surface.”
The brands to be wound down are Rockmans, Autograph, Crossroads, W Lane and BeMe, as part of what Mosaic Brands CEO Erica Berchtold calls a Focus on Core plan. “Each of those core brands will have a clearly differentiated market proposition, target customer, price point and product range,” said Berchtold.
As China’s luxury market continues to evolve amidst economic shifts and changing consumer behaviours, understanding the complex dynamics of this vital sector has become increasingly crucial for global luxury brands. Looking ahead According to the report, understanding generational differences is crucial in the luxury market landscape.
Of all the popular fashion brands in the ’90s and early 2000s, few can rival the legacy of BCBG and its sister labels BCBG Max Azria and BCBG Generation. The plan seems to have been a long time coming, considering that Marquee Brands acquired the BGBC portfolio and related intellectual property in August 2017. “G-III’s
Omar Sabr, the brands CEO, spoke with Inside Retail about how the retail disruptor has created its own lane, how to align with the right IP partnerships and what this business approach looks like in international markets. Mid-market brands chase mass appeal. What do these results say about consumer appetite for collectible fashion?
Fashion has embraced technology at every turn from social media to virtual change rooms, yet consumers’ wardrobes have remained analogue. I wanted to build something to reshape our relationship with our wardrobes and rewire how we experience fashion,” she added.
” Wade Anderson, Silk Laundry’s chief executive officer, predicts that the brand’s US market share is likely to shift from making up 25 per cent of the business to 40 per cent in the next three to five years. The post How Aussie fashion brand Silk Laundry aims to double its US business appeared first on Inside Retail Australia.
Fashion retailer Sosandar has signed deals with The Iconic in Australia and The Bay in Canada to start its e-commerce operations in these countries as part of its overseas expansion. The post UK pureplay fashion label Sosandar to launch in Australia appeared first on Inside Retail Australia.
Among the crowded bubble tea market in the Asia-Pacific, Heytea stands out for its commitment to using ‘real’ ingredients and fun, out-of-the-box drink formulations that aren’t available anywhere else. The Chinese-founded company entered the Australian market in 2023 with a store on Swanston street in Melbourne.
To help plus-sized men find good-value fashion, menswear label Connor has launched AXL+Co into the Australian market. Owned by parent company Retail Apparel Group, the company says the launch comes after market research identified a “major gap” in the market for men who consider themselves ‘plus-size’.
Australian fashion label Kivari has opened two new retail stores – at Bondi Junction and Burleigh Heads. This takes its network of boutiques in major locations to six, with further stores planned as the company expands. The brand has its roots in a local market in Burleigh.
H&M is integrating artificial intelligence (AI) into its marketing strategy by creating digital versions of real-life models. ” H&M told Business of Fashion that models will retain control over their digital likeness and can allow other brands, including competitors, to use them for marketing. .
Cargo Crew specialises in custom-made uniforms designed for hospitality, retail, corporate and a range of other brands, and stands out in a competitive field by fusing fashion with functionality. Felicity Rodgers told Inside Retail that Cargo Crew developed out of a fashion label she co-created straight from university.
In December, Hong Kong -based start-up Code-Create launched the world’s first artificial intelligence (AI) platform for fashion design. . One of the main components of the platform is Mixi, which can recognise over 2,300 colours and over 230 fashion attributes. The startup aims to revitalise the fashion ecosystem through AI.
Williams shared plans to expand its Adelaide workshop following the launch of its ‘Crafted in Australia’ collection. Onshore attraction Sustainability and circularity are no longer mere buzzwords in the fashion community, and are increasingly seen as mandatory for business success. per cent of fashion shoppers look for Australian made.
Indian retail conglomerate Reliance Retail has introduced an app in India to sell Sheins fashion products through a licensing agreement, marking the Chinese brand’s return after a five-year ban due to diplomatic tensions. This stand-alone app will be expected to compete with other fashion retailers like Walmart-owned Myntra.
Retail Detail reports that H&M has long been planning to merge Monki with Weekday, as both brands appeal to young people but apparently can no longer make it on their own. Monki operates 56 stores in 15 markets and runs online shops in 29 countries. Monki operates 56 stores in 15 markets and runs online shops in 29 countries.
Of course, this is much easier said than done, with “going green” not something that can be done overnight and instead requires careful thought and planning. Retail Focus caught up with experts in the flooring market to find out more about their latest solutions and the long-term benefits they offer to retailers large and small.
In 2020, Australian teen fashion brand Pavement joined a large list of retailers that entered voluntary administration, citing the Covid-19 pandemic as a major factor contributing to their exit from the retail landscape. Are there plans for expansion beyond this partnership? IR: How significant will Pavement’s presence be across Big W?
The company has signed a deal with Good Products & Co for the distribution of its products in the two markets. G-Star said it plans to expand in Australia and New Zealand by boosting wholesale growth and launching new retail stores this year. The brand is now stocked at David Jones, The Iconic, Glue Store and Culture Kings.
In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. It did not respond to a request for comment on the suggestion it needed to do more.
Long gone are the days of Victoria’s Secret’s fashion show and ‘fantasy bra’ taking centre stage and setting trends for brands and retailers globally. Parade was founded by Columbia University dropout Cami Téllez in 2019, with a purpose to disrupt the market and champion inclusivity, body positivity and sustainable manufacturing.
Fast fashion has normalised using garments for short periods of time, and throwing them away when trends change, driving an unsustainable pattern of overproduction and overconsumption. It envisions that fast fashion will be out of fashion, and that economically profitable re-use and repair services will be widely available.
City Chic Collective is hailing the success of its strategic plan for a turnaround in its trading performance, despite mixed results across different markets. The plus-sized fashion retailer’s net income totalled $3.3 million while as forewarned last month revenue dipped 3.7 per cent to $69.5 per cent to $55.3
Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. The brand has announced its plans to expand into the UK, with the first two stores and dedicated website launched before Christmas.
Driven by a deep sense of dissatisfaction with the limited and uninspiring choices available in the children’s fashion industry, Preeti Jatia felt compelled to embark on an ambitious journey to transform and revolutionise this market. During this period, there weren’t many women entrepreneurs in the market. PJ: Absolutely!
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.
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