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Fortnum & Mason exec discusses APAC expansion and digital plans

Inside Retail

Understanding the Chinese consumer. Back in 2019, Fortnum & Mason opened in Hong Kong its first fully-owned and operated shop and restaurant in Asia, as a gateway to strengthen customer connections across the region. As a British lifestyle brand, we want to be authentic but more importantly, relevant to Chinese consumers.

Expansion 130
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Coffee and home delivery: How food-service spending is changing in Apac

Inside Retail

According to a recent Euromonitor report, while consumer food-service value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in Asia Pacific. The report predicts that regular dining out will be off the menu for cost-conscious consumers until 2028. trillion in 2023.

Consumer 147
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What Bunnings FY23 results mean for the home improvement sector

Inside Retail

Wesfarmers chief financial officer Anthony Gianotti said that Bunnings had seen consumer demand continue for necessity products – such as recurring home repairs and maintenance – as well as smaller-scale DIY projects. billion in earnings for the year reflected a “remarkable period of growth” for the brand, up 42 per cent since 2019.

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Victoria’s Secret’s new World Tour: innovative or obsolete?

Inside Retail

But as prominent as the brand became, it rapidly fell from grace following a series of scandals, ranging from slights on the transgender community to associations with convicted sex offender Jeffrey Epstein, and it suspended its televised catwalk show in 2019.

Fashion 130
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How legacy brands can stay relevant without losing their soul

Inside Retail

Consumers are increasingly turning to trusted brands, a trend we expect to see continue. As a recent report from Deloitte found, “In a time of so much uncertainty, when daily decisions about personal safety and financial wellbeing are made, most consumers are reaching for brands they trust. per cent in 2021 alone.

Consumer 130
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Mad Mex exits Asia. Here’s the new growth strategy for Australia

Inside Retail

The move marks the end of the company’s ambitious expansion plan in Asia, shifting focus to the Australian market for the foreseeable future. CY: We opened a restaurant in Singapore in September of 2019, and we opened the second restaurant in Kuala Lumpur, KLCC Centre, in February of 2020.

Strategy 130
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Pleasant State wants to make you love cleaning your home. Here’s how

Inside Retail

Started by Ami Bateman and Sian Murray in 2020, Pleasant State is a direct-to-consumer home care brand that aims to change the way consumers approach cleaning. million crowdfunding raise to fuel its retail expansion and launch into overseas markets. Inside Retail : What led you to launch Pleasant State?

Consumer 130