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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. Construction costs are soaring The scarcity of new retail property space is partly due to high construction costs in Australia.
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.
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.
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.
Timing is everything and knowing when to launch in a new market can make or break a brand’s success in a new region. With such a saturated beauty and skincare market, why was it the right time for Bubble to expand and how did it do so successfully? The brand’s founder and CEO Shai Eisenman recently shed light on the Australian launch.
After a four-year hiatus, G-Star Raw is poised to re-establish its presence in Australia and New Zealand, emerging from a turbulent chapter in the market. The Australian arm of the Dutch-founded denim giant, established in 1989, collapsed into voluntary administration in early 2020 as the advent of covid engulfed the market.
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 retail spaces.
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.”
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.
tkca architect maximizes the ground plane to create a multi-layered experience of public plazas, markets, and retail spaces. The post colorful roofed units compose TKCA architect’s sama square market village in kuala lumpur appeared first on designboom | architecture & design magazine.
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.”
Home and lifestyle brand Laura Ash ley has expanded into the jewellery space, in partnership with British company Gecko Jewellery. The post Laura Ashley expands into jewellery market appeared first on Inside Retail Australia. Laura Ashley has launched a new 60-piece collection, prices of which range from £10 (US$12.90) to £60.
Canadian activewear brand Lululemon Athletica aims to double its business through category, retail and market expansion and product innovation. And then globally, we’re now in over 26 markets with single-digit market share, and we have a unique position in almost every market we compete in. How big can it get?
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.
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. Inside Retail : Maison de Sabr is making a name for itself in the affordable luxury space. Why or why not?
The space will also act as the headquarters of Urmaker Bjerke , with six different entrances for the store’s most well-known brands. The wider redevelopment will see the arrival of standalone stores, a restaurant, a lifestyle concept store, and high-quality office space. Bjerke House, set over 2,965 sq.
Where Templer’s path diverges from many others with similar health struggles is that she decided to launch Yours Only to fill the gap in the market for products that met her allergies, intolerances and sensitivities. I wanted to be able to do that in my own way, and I also wanted to make sure I set up a business correctly,” she added.
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?
It also offers womenswear and accessories and has a dedicated footwear space. “It’s a testament to our dedication to delivering exceptional service and a tailored shopping experience, highlighting our continued growth and unwavering commitment to the Australian market.”
The Canadian convenience chain Dollaramas recent acquisition bid for The Reject Shop highlights a growing trend of international retailers assessing Australias discount market. These developments reflect the demand for budget-friendly options in the Australian retail market, which is also home to domestic competitors such as Kmart.
Before joining the Go-To team, Faddy was the global marketing and sales director at The Beauty Chef, and before this, she worked at The Estée Lauder Companies. Faddy champions creativity and holds space for everyone in the room, her colleagues know that this leads to the best results.
And some seven years on, much to the dismay of retailers, it is now starting to shake the tree and become a real force in the market , as Australian shoppers increasingly turn to alternatives to manage the cost-of-living crisis. Amazon, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas.
We aim to create a seamless navigation experience for guests, providing a space that not only tells compelling brand and product stories but also supports and inspires our retail team, making it a place they’re excited to work in. IR: More dedicated retail space for menswear is a notable feature of Lululemon’s new flagship.
This flagship store is not just a physical space but a manifestation of our journey from a digital-first brand to a tangible presence in the retail world, said Zhang. The company also announced its plans to expand into the Asia market this year, alongside multiple new exciting product launches.
New Balance has entered the beauty market in celebration of opening a premium direct-to-consumer retail store in Australia this December and it smells like luxury on and off the court for the apparel brand. The post New Balance bottles its scent and enters the beauty space with Grey Store appeared first on Inside Retail Australia.
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.
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.
I’m a big believer in freedom within the framework and having the ability to hold space for each team member, it allows them to stand in their true self where they feel safe to innovate, bring ideas to the table and lead with passion. BR: Funnily enough, it’s not a ‘skill’ I look for first, it’s a ‘spirit’.
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.
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.
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.
Australian luxe-for-less beauty brand MCoBeauty launched into the US market this week and is now stocked in over 1,800 Kroger Co stores. Inside Retail: How did MCoBeauty approach entering into the US market? It is a tried-and-tested model for the brand; influencer marketing is a major element of the launch strategy.
The energy, the passion, the excitement for sports, is so prevalent in Australia that we think it’s a market that we can really grow and speak to consumers in and then in terms of the kind of the presence and the product full portfolio that we have as a brand,” said Cai. “In That will be another area of focus for us.
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. They are driven by a desire to build relationships as opposed to just selling clothes.
From established players to newcomers, the sector is evolving to meet the demands of a dynamic market. The relatively new entrant in the fast-casual dining space has found success in attracting a loyal customer base, with stores designed to feel unique rather than replicated.
Hoka pioneered the max cushioning shoe category and has remained the front runner in the space by continuing to reshape the modern sneaker. The way we test the product is performance driven and the way we market the shoe will always be performance driven, concluded Green. There’s always going to be competition.
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. The US fashion market has a history of making or breaking Australian fashion labels and Leo Lins move into the US saw the brand double its revenue in just two years.
Intelligent baling solutions improve efficiency, sustainability and operational workflow in retail waste handling, Wastech sales and marketing head Stuart Howe told Inside Retail.
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.
“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.
Last month, Amazon moved into the budget e-commerce space through the launch of a discount website, Haul, which offers consumer products priced under US$20. This could lead to customers perceiving lower quality, becoming less willing to pay for Prime memberships and other Amazon services, and ultimately result in decreased market share.
According to Good, Leo Lin wouldnt have thrived in the physical retail landscape four years ago, given the post-pandemic market conditions in Australia. Last Black Friday, the Leo Lin team took a pause from the online sale chaos to literally knock through the wall of their showroom in order to extend the space.
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