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With the increasing financial power of this generation of shoppers, opportunities for newer, trendier brands to tap into this space have exponentially opened up over the past decade. Since entering the market, Parachute has raised over $47 million in venture capital. This is where Parachute comes into play.
However, demand now outpaces the retail development pipeline, reducing retail space per capita and increasing the value of existing retail property. This is naturally boosting demand for retail space. So, where are the pressure points, the hotspots that are being created by this population growth?
And within that space, physical retail reports through to Jacq, and she’ll have a head of retail and a retail structure under her as we open more stores. That’s very unique in the beauty space, Laing said. He plans to travel to three states this week to sign off on additional locations.
With an expanded area and a new space dedicated to brand licensing (IP), LeisurUp, the zone dedicated to leisure and immersive experiences, brought together leading players such as Bandai Namco, Citywave, Cits Immersives, Hasbro, Dama Dreams, Dedem, Hupalupa, Smiley, QubicaAMF, Pausa, TF1 Licensing, Universal, Walltopia, and Zero Latency VR.
A year after the French luxury department store originally announced it would be launching its first US location, Printemps is officially opening a brick-and-mortar store in the heart of New York Citys financial district on March 21. Unlike its other locations, the Printemps New York store will not have shop-in-shops.
Sydney’s Paddy’s Market is at the centre of a debate over its redevelopment with some traders and members of the public opposing plans to give the venue a significant facelift. With the market occupancy rate down to 60 per cent, Latham says Doltone’s precinct would boost that to “close” to 100 per cent.
The first store is located at the Castle Towers shopping centre in Sydney, in a space formerly occupied by Priceline shop. Wesfarmers Health has opened the pilot of a new beauty and wellness concept store called Atomica, which it plans to roll out in major cities this year.
. “With over 300 stores in eight countries across the globe, it will be no surprise that we have been wanting to make our entrance to the English market for a while,” said Lachlan Roach, MD of Harvey Norman UK. ” The store occupies a significant portion of the space previously leased by Debenhams.
But great experiential retail requires a great store location and Melbourne is currently boasting the lowest retail vacancy rates in Australia. But high street locations like The Memo’s shopfront on Fitzroy’s Gertrude Street are rarely vacant and competitive to secure. We believe parents deserve better,” stated Simmonds. “We
It also offers womenswear and accessories and has a dedicated footwear space. “The new Emporium flagship marks a significant milestone in our strategic expansion, allowing us to bring our unique retail experience to a prime Melbourne location that serves a broader guest base,” said Paul Tinkler, VP of Lululemon ANZ.
Emporium Melbourne presented the ideal location for us to host ANZ’s largest Lululemon store – it’s a premium destination with high foot traffic, allowing us to reach a large audience at a one-stop shopping hub. IR: More dedicated retail space for menswear is a notable feature of Lululemon’s new flagship.
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. Take, for example, the heavy-duty, interlocking products, which are ideal for retail spaces,” Johnson and Jacovou said.
Recently One Mile opened its first boutique in Bondi Beach, which has seen the brands cult following frequent the space and sell out stock. We get feedback from them and that was the main reason we wanted to jump into the bricks-and-mortar space; to have that direct feedback and showroom experience for our customers.
He explained how the brand’s new store in Sydney’s QVB building is a space where beauty meets innovation and the values that have defined Clarins for the past seven decades — care, commitment, and community — manifest into an immersive, personalised and exceptional customer experience. IR : How many DTC stores are in the works for the region?
While the headlines have largely focused on the number of stores and sales Myer will add to its business if the acquisition is approved, the biggest opportunity could lie in the loyalty space. Where is Myer’s Wirth now Many experts recognise Wirth’s strong background in loyalty as one of the department store’s greatest assets.
“Mosaic Brands continues to be an exciting opportunity to reshape a business with a clearly defined market proposition for its target customers, and employees, that we can be proud of,” Berchtold said in a statement. Today, a physical presence is a brand’s most manageable, tangible, and measurable marketing tool,” Gray reaffirmed.
The downfall of the almost 40-year-old business raises the question of whether this is a sign of things to come as retailers struggle to compete with the increasing e-commerce capabilities and convenience of retail goliaths on the global market, or whether it is a case of Harrolds facing a ‘perfect storm’ of challenges on multiple fronts.
Real estate agency Fitzroys’ latest Walk the Strip report says the reinvigoration is led by an array of cafes, eateries, restaurants and bars cropping up in the suburbs as businesses continue to expand and enter into new markets. Vacancy rates across 36 key shopping strips fell from 10.3 per cent last year to 6.7
The Swedish performance electric car brand is opening its first ‘Space’ store in Australia, at Melbourne’s Chadstone Shopping Centre, this summer. The ‘Space’ retail concept enables customers to interact with the Polestar brand, meet product specialists and take a test drive in the all-electric Polestar 2. Onwards and upwards.
Non-physical marketing also limits some of the other key interactions D2C brands can have with their consumers, such as creating more impact around a ‘big news moment’, or having a physical platform to engage with your community plus the obvious brand building a physical store environment provides. 2 Pop-up location.
Ultra-fast fashion brands like Shein and Temu have leveraged advanced analytics and agile supply chains to dominate the market. The role of supply chain efficiency Supply chain efficiency has become crucial in todays market. Improves space utilisation in-store. Fast and reliable delivery is no longer optional; it is essential.
The Amazon Salon, located on Brushfield Street in London’s East End, will offer a full range of hair styling services by independent salon Neville Hair & Beauty and will range an extensive selection of professional hair care products – but being Amazon, it’s got a high-tech approach. “We The post Can Amazon blow out the hair care market?
The brand has steadily expanded from a direct-to-consumer model to global operations, with several bricks-and-mortar locations and a wide range of online and physical retail partners including Ssense, Farfetch, Luisa Via Roma and Revolve. AJ: We want our stores to become community hubs that also work like gallery spaces.
Australian luggage brand Nere is anticipating strong sales this holiday season, thanks to the ongoing travel boom, growing appeal of practical gifts like suitcases, and high-profile location of its first stand-alone store, which opened in November. We’re very much about value and being accessible to all.”
I worked alongside my sister Hannah for years at the Salamanca markets and learned the tricks of the trade from the age of 12. The concept of selling and marketing a product, and brand became second nature and a part of my identity. I am very picky with who I let speak into my life and there are a select few who hold that space.
Chris Newell, creative partner, Syn As a marketing agency working within the retail sector, Syn has seen several trends emerge in 2024. For online retail, more of a shift-change in brand partnerships and influencer marketing; moving further away from creator content models for entertainment to driving online sales.
Battersea Power Station Located in London, UK, Battersea Power Station has transformed a 170,000sqm development in the heart of central London into a community of homes, shops, bars, restaurants, cafes, offices and over 19 acres of public space. The centre is located 17 kilometres southeast of the Melbourne CBD.
Small beginnings In 1972, the Gance brothers bought their first pharmacy as graduates in the Melbourne suburb of Reservoir and went on to buy another pharmacy three years later located only 300 metres away from their first storefront. The success of Le Specs and Le Tan informed Chemist Warehouse’s business model.
The transformation of commercial spaces into retail parks is a growing trend that responds to new consumer habits and the need for immersive experiences. According to recent studies, more than 70% of consumers prefer spaces that combine shopping with recreational activities and green areas.
Inside Retail spoke with Natalie Ellis, vice president and GM for Foot Locker Asia Pacific about why the global retailer selected Melbourne Central as the location for its first new-concept flagship store in Australia, and fourth globally. Inside Retail : Melbourne’s vibrant sneaker culture makes it an ideal location for this launch.
Located in the heart of Ho Chi Minh City, the Vhernier retail space inside Runway Rex Hotel faces the famous Nguyen Hue Street, neighbouring luxury houses including Burberry and Chanel. According to research company Imarc, the Vietnamese jewellery market size is projected to exhibit a growth rate (CAGR) of 4.59
SpaceandPeople , leaders in delivering high footfall spaces to retailers for nearly 25 years, has created a revolutionary new end-to-end service for brands and businesses who want a fully flexible physical mid mall retail solution. These include knowing the right location to set up shop, cost, merchandising, marketing, and staffing.
Victorian healthy cafe concept Green Cup has launched its first salad location, Green Cup Canteen, located in the heart of Armadale. We’ve been listening to our community and it’s something they have been asking for and something I’ve been looking for in the market myself,” said Green Cup founder and director Natalie Guest.
In October, Commodity Fragrances launched its first permanent bricks-and-mortar space at 113 Crosby Street in the fashion and fragrance-loving area of New York City’s Soho neighbourhood. IR : In a highly saturated industry such as the perfume market, why do you believe that Commodity is able to take up so much notice?
Specific details regarding the inaugural Saks Fifth Avenue store’s launch timeline and location in India have not yet been announced. Current retail players are limited to malls, specialty stores, and concept stores built around branded spaces.
This latest acquisition further demonstrates Evolves’ expertise in identifying opportunities to buy, manage, and curate landmark mixed-use developments in attractive regional locations. It currently ranks in the top 100 Retail Market Areas and is well-connected with excellent transport links.
Theres this beautiful interest in Australian fashion, people like Christopher Esber and Zimmerman have led the way now there’s a real interest for Australian design in the international market, Kelly Atkinson, co-founder and creative director of We Wear Australian, told Inside Retail.
Inside Retail: What criteria did you use to select the locations for these new flagship stores? Chengdu, on the other hand, was selected as the location for our first China flagship in lieu of the city’s growing influence in local fashion, design and culture. Are there other key cities or regions you’re targeting?
Shaftesbury Capital has announced that Strathberry, the Edinburgh-based and internationally recognised brand specialising in luxury leather goods, has relocated its store within Covent Garden’s historic Market Building, reinforcing the destination’s enduring appeal as a hub for UK-founded luxury brands. The upsized unit, measuring c.1,200
Over the last five years, The Memo has built its expertise in the pre- and postpartum space. We understand where the market is and the kind of products that new and expecting parents expect in their toolkit, explained Simmonds. For the time being it will be stocked exclusively at The Memo in-store and location.
The designer outlet, located in Wembley Park , has attracted shoppers from across London and beyond throughout the last 12 months with footfall increasing by 2% with over 5.4 This included the arrival of French Connection and Rituals as well as first outlet stores for Miniso and Abaci, taking their first steps into the market.
let, with a number of further deals in progress as demand for prime retail space in the West End continues. Holland & Barretts relocation echoes the surge in demand among wellbeing firms looking to join Fitzrovia, where The Langham Estate is located. The deal takes the 11.3-acre acre Estates total ground floor retail to 87.5%
The location of the store is prime, situated in a busy commercial area of the city known for its chic bars, restaurants, galleries, hotels, and boutiques. Adjacent to Little Island and a block away from the Chelsea Market, the store is expected to attract New Yorkers and visitors alike. The new Lladró concept store is located at 435 W.
Walking into the 1172-square-foot space designed by Ringo Studio, consumers are greeted by a 16-foot- long custom table with marble insets, anchored by a dramatic light fixture. This store is more than a retail space; its an immersive experience that blends innovation with nature.
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