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Lendrum brings a wealth of experience to the role, having previously held positions at Saint Laurent, Gucci and Ralph Lauren as president for the North American market. “Laura’s experience in luxury, fashion, digital and hospitality is a perfect match for us,” said Bellaiche.
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.
“One thing Mum and Dad recognised early on is that it’s a fashion industry. I think my mum had a really big influence on that because she loved fashion. She always made our clothes, she even made our school uniforms, so she was really invested in fashion and I think that is one of the key things that really drove their business.”
Differentiating The bricks-and-mortar beauty retailmarket 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. .”
Artificial intelligence (AI), the metaverse and ChatGPT are creating the biggest buzz so far this year, and it’s no surprise to see the fashion industry catching the wave. The size of AI in the retailmarket exceeded US$2 billion in 2020 according to Global Market Insight and is expected to grow at more than 30 per cent between 2021 and 2027.
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. The company estimates the fast fashion segment to reach $50 billion by FY31.
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. billion market in 2023.
International fashion outlet developer, FASHION HOUSE Group has officially opened its doors to a €25M new outlet centre in the east of Bucharest, the Group’s second outlet centre in Romania’s capital. The country’s GDP increased by 0.3 per cent compared to the previous quarter and was up 2.4
After starting as a sales associate at J Crew’s Liquor Store concept shop while studying menswear design at the Fashion Institute of Technology, Echevarria was recruited by retail legend Millard ‘Mickey’ Drexler to start a brand collaboration program. IR : What does your fashion say about you?
For example, in September 2023, the Chandler Fashion Centre in Arizona opened a 250,000 square-foot Scheels, a sporting goods chain, where visitors could experience attractions like riding on a ferris wheel or visiting an aquarium. In fact, data from Placer.ai
Swiss purveyor of luxury chocolates, Laderach; renowned French retailer, Galeries Lafayette; the Spanish fashion powerhouse, Balenciaga; the Swiss emporium for multi-brand watches and jewellery, TimeVallee; and the Dutch haircare salon brand, Keune, are amongst the esteemed names set to establish their presence in India in the months ahead.
Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store Saks Fifth Avenue to expand its luxury retail portfolio through its subsidiary Reliance Retail, the company said in its third-quarter financial report last week.
Asia’s answer to slow fashion, Supermint, has just unveiled its first Hong Kong store at mixed-use retail destination PMQ. We believe we can open up more possibilities for slow fashion and make the fashion journey sustainable. “We Modern women are independent and have unique fashion tastes.
Travis Wright, former general manager of fashion online retailer Esther & Co, is taking the reins as CEO at iconic Australian swimwear brand, Tigerlily. Earlier this year, she landed the seventh spot in Inside Retail ‘s Top 50 in E-Commerce list.
Starting with a single sneaker launch in 2014, the brand has expanded into other retail categories, including outerwear, streetwear and accessories to become a lifestyle brand for all ages — from children barely old enough to pronounce the name of the business to veteran fashion consumers.
The company currently operates more than 250 stores across key markets such as South Korea, Japan, Singapore, Malaysia, Vietnam, and the Philippines. International retailers like H&M are not just competing with local brands, but are also navigating complex cultural nuances and rapidly evolving consumer preferences.
Rachel Leonard, editorial director of The Bridal Council and former fashion director of Condé Nast’s Brides , agreed that consumers today are seeking more bespoke bridal wear and adds that they want those services provided on a “faster turnaround” time. Signet Jewellers, the world’s largest retailer of diamond jewellery, is anticipating 2.5
In an age when it is becoming increasingly difficult to capture the attention of younger consumers in a saturated retailmarket, it is essential for retailers to figure out the winning recipe to win the collaboration game in 2025. Why did these collaborations win?
The brands name is based on the pronunciation of the Japanese word jiyu, which translates to freedom, and comes from the brands mission to provide high-quality and trendy fashion to a broad, international audience. The store also marks the brands first major foray outside of the Asian retailmarket, where it has about 470 stores.
] While live-streaming platforms may once have been reserved for gamers and their fans, luxury fashion brands are increasingly turning to this unique method of connecting with consumers. He believes retailmarketers have overlooked gaming due to its digital nature and confusion about how a digital property can drive people into stores.
Heinemann entered the Australian retailmarket in 2015, and has since worked to deliver innovative initiatives and products to passengers in Sydney International Airport. The company operates over 340 duty-free travel stores, fashion boutiques and concept shops at 74 airports across 28 countries.
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. This reflects the growing demand for good quality fashion at competitive prices.”
Haul positions Amazon to directly compete in the fast-growing discount retailmarket, particularly against established players like Temu and Shein, which have gained substantial market share in recent years with their low-price business models.
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. First up is the US$2.4 per cent (CAGR 2024-2029).
While the luxury and discount markets are relatively unaffected by the cost-of-living crisis, Mortimer noted that the middle-market is really exposed. While the luxury and discount markets are relatively unaffected by the cost-of-living crisis, Mortimer noted that the middle-market is really exposed.
“From a customer perspective, resale is driven by a wish to get one’s hands on desirable fashion items at a lower price as well as experiencing the fun of treasure hunting for something unique,” Anna Forster, sustainability strategist and co-founder of The Purpose Agents, told Inside Retail. “At ” How Nike Refurbished works.
The key to effective adaptive clothing is catering for the vast array of needs different consumers have, while maintaining style and fashionability. Recently, fashion brands have begun to provide on-trend clothing with new styles, combining fashion and technology for people with a variety of disabilities. Magnets, not buttons.
In the last quarter, New York’s retailmarket has gone from frigid trepidation to sizzling enthusiasm. Complete with fashion drawings, gold leaf accoutrements and photographs of Madame Elsa Schiaparelli, the boutique references visions of the iconic designer’s original Parisienne salons.
Unsurprisingly, the fashion and apparel industry comes in for a bit of stick among circular economy critics; however, as consumers change their preferences, the industry is adapting. Its a win-win for the customer and Decjuba that drives loyalty and customer engagement well past the initial transaction for a new fashion item.
Challenges and market considerations As the brand continues expanding, it faces challenges common to multinational retailers, including supply chain complexities and adapting to local market preferences. some’s strategy and one of the major reasons we are competitive in the retailmarket.
The US luxury retailmarket was worth US$134.6 billion last year, retail analyst and GlobalData managing director Neil Saunders told Inside Retail. And finally, those retailers that leverage their heritage and experience to provide the level of excellence that customers are expecting.
He added that the grocery sector is likely to be less affected compared to mid-marketretail – which often includes brands specialising in fashion, general merchandise and speciality retail – as customers make substitutions and opt for home-brand products. “By
The Melbourne Airport store offers all items, including cosmetics, perfumes, alcohol and cigarettes, as well as fashion miscellaneous goods. The company expanded into the Australia-New Zealand travel retailmarket in 2018 after acquiring five duty-free shops in the region from JR Duty Free.
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? Mastronardi noted, “The high level of convenience in places that have a lot of traffic — that’s been the secret sauce.”
Fashionably good investment “There is always an appetite for well-known brands and well-run businesses, and this interest will never drift too far away,” Hough said. Tattarang also acquired heritage Australian hat brand Akubra in late 2023 and a minority 25 per cent stake in Australian fashion label Camilla in January of the same year.
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. They inject fashion, fun and energy into grocery shopping.
Continuing the series of conversations with RBC Capital Markets, a collaboration which began several years ago, this time revolves around discussions on the market situation in Spain, its characteristics regarding retail sales costs, as well as variations in consumer behavior in Europe and Spain, pre-owned market outlook, among other topics.
Luxury fashionretailer, FLANNELS, has opened the doors to its new store at Blanchardstown Centre, Dublin’s largest retail and leisure destination. The store is the retailer’s first in the Republic of Ireland. Flannels Blanchardstown. Photo by Joas Souza.
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.
She noted that culture and weather play a huge role in shaping the Singapore retailmarket. It also won the Top Shopee Mall Brand Award in 2022 for women’s fashion. “We Due to the heat and humidity, Singaporeans prefer to dress casually, so there is a constant demand for slides and sandals. sale last year.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Zara is more than just a fashion brand; it’s a global retail phenomenon that has transformed the way the world consumes fashion.
The exhibitors in the Retail Technology dimension help to shape perspectives and future fields of retail through the driving force of intelligent technology. EUROSHOP, PAST AND PRESENT: 1966 EuroShop launches in Düsseldorf, in association with EHI Retail Institute, with 331 exhibitors taking part.
The founder and creative director hit the runway straight out of fashion school showcasing his first collection in a Kings Cross car park at Australian Fashion Week in 2009. Now, the brand is a permanent fixture in the New York Fashion Week program, presenting a new collection each season.
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