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Since entering the market, Parachute has raised over $47 million in venture capital. It generated about $150 million in revenue in 2021 and has become one of the most popular home goods brands in the direct-to-consumer (DTC) and physical retailspace.
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.
This reflects a strong level of confidence in the market, similar to that prior to the Covid pandemic, said Terence Yeh, MD of The Leasing Agency. “As A large number of these groups held off their expansion plans for several years and this has caused a backlog that has now entered the market in full force.”
Southeast Asia as key market We see Malaysia as a prime opportunity, given its status as one of Southeast Asia’s largest and most developed economies,” Mohammad A Baker, CEO of GMG, told Inside Retail. Meanwhile, Hong Kong remains a strategic retail hub with a high-spending customer base and access to premium retailspaces.
tkca architect maximizes the ground plane to create a multi-layered experience of public plazas, markets, and retailspaces. The post colorful roofed units compose TKCA architect’s sama square market village in kuala lumpur appeared first on designboom | architecture & design magazine.
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. With fewer replacement cycles, retailers save on material costs, labour, and the downtime associated with refurbishments.
As domestic and international travel resumes and operating conditions normalise, Australia’s retail-leasing market is projected to see stable growth after recording steady trading during the first quarter of this year, according to Colliers. . per cent across the CBD markets driven mainly by an uplift in Sydney (1.8
According to Statista, the US furniture retail category is worth $379.6 Comparatively, the Australian furniture market is worth $10.9 The United States is key to the King Living global expansion strategy and the market provides us with an unparalleled growth opportunity,” Woollcott said. “We per cent between 2023 and 2028.
Sustainable materials and energy-efficient practices were thoughtfully chosen, while the space incorporates natural wood, earthy tones, and Clarins’ iconic red accents to create a warm, inviting atmosphere. JB: At this stage, the boutique in Australia represents our first step into the DTC retailspace for the ANZ region.
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. What are you learning about that market?
The pet centre will also have a small amount of retailspace, where Walmart plans to sell its own private-label pet care brands. The pet perfume market alone was estimated to be worth US$1.4 billion in 2022 according to a report conducted by research firm Future Market Insights.
We have been focused on building out the convenience aspect, by providing customers with a price-value proposition through subscribe-and-save models, and over 2025 we will be doubling down on speed to market, to get faster in the click-to-delivery time. Tinyme COO Ben Hare said the company seeks to broaden its product range.
We now have footwear destinations in 10 stores throughout Australia and have leveraged our ‘Science of Feel’ design philosophy to find a unique position in a crowded market. IR: More dedicated retailspace for menswear is a notable feature of Lululemon’s new flagship.
Cathay Pacific Airways has introduced its first retailspace at Hong Kong’s Cityplaza shopping mall, bringing the ‘online to offline to online’ shopping experience to its customers and loyalty program members. The post Cathay Pacific launches its first retailspace, in downtown Hong Kong appeared first on Inside Retail.
From humble beginnings as a fitness-focused apparel brand to a global business with a rapidly growing retail network, Staxs journey showcases the power of community engagement, strategic product evolution, and adaptability in a dynamic market. Community has been in the brand DNA right from the get-go.
The catalogue is designed to align with the specific needs of each target market, with custom-made playlists that help establish a consistent and unique atmosphere, increasing customers’ emotional engagement and connection to the retailspace. To learn more about M-Cube and M-Lab, visit the website here.
Vietnamese luxury multi-brand fashion retailer Runway has set its sights on the country’s growing interest in high-end jewellery, bringing contemporary Italian brand Vhernier to Vietnam. According to research company Imarc, the Vietnamese jewellery market size is projected to exhibit a growth rate (CAGR) of 4.59
Amber terrazzo flooring is Saint Laurent’s ‘yellow brick road’ that spans the store’s interior covering shops 3016,3017 and 4015 of Sydney CBD’s Market Street Westfield mall. This story first appeared in the November 2024 issue of Inside Retail Australia magazine. A back-lit, black cosmic marble facade boldly greets shoppers.
These businesses will be given a three-month presence and dedicated space at Frankie General Store , both in-store and online. They will also be given access to the Australian market with minimum capital, streamlined logistics through consolidated batch shipments, and increased visibility through the retailspace.
The retail-based Homefresh Experience business has launched its distinctive cooking concept into the franchise market. Homefresh Experience brings some theatre to a retail environment with its multi-revenue business offering cooking lessons and freshly cooked ready meals. “Our Port Adelaide location has been ideal.
Asian grocery store, Tian Tian Market , which opened in Wembley Park earlier this month (February 2024), has reported a 30% surge in foot traffic over the Lunar New Year weekend, compared to average weekday figures. At Quintain we work to ensure our ground floor retailspaces align to the community living in the local neighbourhood.
The 2025 Retail Visual Merchandising and Display Awards are officially open for entries, offering an exceptional opportunity for retail professionals to celebrate their creative achievements and gain valuable industry recognition.
The 2024 Visual Merchandising and Display Show, hosted on April 16-17 at the Business Design Centre in London, provided a comprehensive look at the future of engaging retailspaces through innovative design and display. Each product is carefully designed to enhance the overall ambience and mood within retailspaces.
Amy Wotton, brand and marketing GM at Vicinity Centres, told Inside Retail, “DFO has always been synonymous with premium brands and unbeatable value.” “With our brand refresh, we wanted to celebrate the essence of DFO – the idea of being ‘in the know.’ As a touch point, we measure brands and energy. “As
Retailmarketing campaigns are highly competitive, constantly adjusting and evolving to new technologies and market shifts. Finding a path to a successful campaign in a competitive modern market means balancing what already works with forward-thinking approaches, and this is not an easy task to accomplish.
Craft tea retailer The Berry Tea Shop has launched an equity crowdfunding campaign via Birchal as it seeks to scale the business and expand its product portfolio. At the same time, its retailspace grew 20 per cent in the same period. The company reported a revenue of $1.3
It’s a relatively new entrant to the market, compared to other brands such as Nike and Puma, but it’s got plans to fast-track its presence in the region. With approximately 35 per cent of sales coming from tier 2 and tier 3 cities, Asics is also concentrating heavily on growing its retail base outside tier 1 regions. The Asics factor.
With sales having rebounded strongly post-pandemic and now stabilising to more normalised levels, the sector is supported by robust retail fundamentals with growing demand and limited supply of retailspace being one of the driving forces for future growth.”
This property offers great potential for retailspace, and we firmly believe in the long-term value of the real estate market in London.”. The West End store had been home to Sir Philip Green’s flagship Topshop site but was put on the market after parent firm Arcadia Group tumbled into administration last year.
The luxury retail landscape in India has long posed a formidable challenge for international brands. With a vast population still grappling with basic needs and a price-sensitive market, many global luxury players have incurred significant losses in the past. times by 2030, reaching a staggering US$300 billion.
Others are more novel, such as experiential retailing, retail greening, and collaborative marketing. Using these techniques, retailers can create a positive and engaging shopping experience for their customers, build strong relationships, and drive sales growth over time. Retailers should consider in-store greenery.
The emotional mind: Designing spaces that evoke feeling Emotions drive purchasing behaviour far more than logic, every single time. Successful retailspaces are crafted to evoke specific emotions, whether it be excitement, comfort or nostalgia. Knowing your emotional default with clarity is crucial.
IR : How does Fishwife fill a white space in the grocery retailspace? BM: Fishwife fills a major gap in the US market. IR : What strategies, from merchandising to marketing, has Fishwife incorporated in order to reach its growth trajectory?
Temple & Webster has continued its strong run through the pandemic-impacted retailspace, delivering another record year of revenue, profit and customer growth. Despite this investment, however, Temple & Webster’s marketing return on investment sat at 2.3x. million during FY21, while earnings hit $20.5
The move comes at a time when South Korea is experiencing an influx of international luxury brands establishing a presence in the market. Another noteworthy addition to the South Korean luxury market was the Olsen twins’ luxury label The Row. per cent year on year increase despite the downward market trend,” said Lee.
Aeon Mall, Japans biggest mall operator and an increasingly influential one throughout Southeast Asia, has turned in another record quarter for operating revenue, but not every one of its markets is singing from the same songbook. While Japan and Vietnam are delivering, China is problematic and Cambodia is still stubbornly weak.
acre Estates total ground floor retail to 87.5% let, with a number of further deals in progress as demand for prime retailspace in the West End continues. The relocation will see the brand benefit from the areas increased footfall as demand for health and well-being retail continues to grow. The deal takes the 11.3-acre
Type Bea is another new high-performing haircare brand that entered the market this year and is similarly focused on facilitating hair growth and optimum hair health – with an emphasis on inclusion and design for all hair types. Co-founded by Anna Lahey, the founder of ingestible beauty brand Vida Glow and Rita Ora.
The brand commands premium prices for its designer eyepieces and is renowned for its stores, most of which resemble contemporary art galleries more than retailspaces. Scents were at the top of my mind because for four years, every morning, I used to get up very early to go to the flower market. We are designers.
Meanwhile, across the Tasman, Glue has opened a flagship store in South Australia and relocated its Melbourne CBD shop, which offers a 400sqm retailspace, to the second level of Melbourne Central. The post Glue Store makes its New Zealand debut appeared first on Inside Retail.
A collaboration between the Australian Fashion Council (AFC), Afterpay, and Vicinity Centres will see local fashion leaders given physical retailspace in Chatswood Chase for an eight-week period on a rotating basis. According to the AFC, the retailspace will be a “one of a kind retail concept store”.
The program provides businesses with an opportunity to partner with Stockland to overcome traditional barriers to launching retail stores by giving them access to shopping centres. Michelle Abbey, executive GM of Town Centres, said the level of interest in the Stockland incubator program to date has been ‘exceptional’.
As an ode to its “spiritual roots” the brand will release the archival ‘BADDIES’ collection exclusively to the Australian market and the Beach House will carry further limited-run offerings to its guests.
Understanding consumer behaviour is critical to creating a relevant retail offer and marketing message, but what happens when consumers behave in contradictory ways? Many retailers will recognise the reality that despite consumers saying they care about sustainability , their spending tells a different story.
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