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How Supreme balances price point and prestige to win over streetwear fans

Inside Retail

One of just 16 standalone Supreme stores in the world – six of which are in Japan – the opening in Seoul earlier this month attracted a throng of eager customers who queued outside in anticipation of acquiring the brand’s exclusive streetwear tailored for the South Korean market. billion in 2020. million by 2031.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. Ghalia BOUSTANI.

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Can Japan’s Aeon become a global juggernaut?

Inside Retail

Ground was broken on a third Phnom Penh mall, Aeon Mall Mean Chey, in October 2020 that is scheduled to open next year. Like the first two, Aeon plans to tailor the tenant mix closely to the local demographics, which differ materially in each of the three locations. Malls: the Homogeneity Problem.

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DAMAC welcomes a new dawn of luxury with the launch of “The Sapphire”

Design Middleeast

The Sapphire offers residents a haute attitude of high-end living and an ideal balance of urban convenience and luxury leisure. Branded by de GRISOGONO, a high jewellery brand which was acquired by DAMAC in 2020, the interiors reflect the brand’s time-honoured craftsmanship and expertise in the most precious gemstones.

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How customer loyalty helped Myer bounce back

Inside Retail

Our unrelenting focus on profitable sales, growing the online business, strengthening our balance sheet and reducing our unprofitable space will remain a focus for every one of Myer’s team members going forward.”. During the Christmas rush, Myer saw sales growth of 17 per cent ending Jan 1, compared to the same period of 2020.

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APAC is driving global e-commerce growth. Here’s how retailers are adapting

Inside Retail

Furthermore, Euromonitor International projects that half of the absolute value growth for the global retail sector from 2020 to 2025 will be digital. For example, a growing number of customers, who were balancing work and household chores as they stayed at home, were buying clothes that were both functional and comfortable.

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Why business need more than pilates to tackle poor mental health

Inside Retail

The latest 2020 Harvey Nash/KPMG CIO Survey, which includes more than 4200 responses from CIOs and technology executives across 83 countries (including 265 from Australia), revealed that 84 per cent of technology leaders reported they were concerned with the mental health of their team. Coming together. Socialising the agenda.