Inside Retail

AUGUST 23, 2023

The Australian Bureau of Statistics (ABS) released its count of business entries and exits for the 2022-2023 financial year on Tuesday, revealing the formation of 406,365 businesses, or 66,000 fewer than in 2021-2022. per cent in 2021-2022, outlining the post-lockdown boom in consumer spending. per cent of businesses.

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Inside Retail

FEBRUARY 1, 2024

It’s not a secret at this point that increased health-related concerns brought on by the pandemic and recent lifestyle trends have led to a heightened focus on the wellness market in the retail industry, especially within the food and beverage category. billion by 2030 at a compound annual growth rate of 10.5 billion to $75.66

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Inside Retail

FEBRUARY 21, 2023

Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. The Sydney store followed the launch of its first permanent US store and four new stores across South Korea in 2022.

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Inside Retail

MAY 12, 2022

Italian luxury shoe maker Tod’s sees analysts’ expectations for 2022 sales and profitability as achievable despite a marked slowdown in China due to widespread Covid-19 restrictions, its finance chief said. The analyst consensus is for 2022 sales of around 970 million euros and a 5 per cent EBIT margin.

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Inside Retail

JANUARY 31, 2023

It was a high-profile signal that with the easing of Covid-related outdoor movement restrictions, the market for athletic footwear and apparel in China is set to get a huge shot in the arm. Chinese nationalism is on the rise, with an accompanying disdain among a broad swathe of consumers for foreign products.

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Inside Retail

OCTOBER 31, 2022

Against the backdrop of rising costs, supply chain issues and extreme weather events, more consumers are re-examining their consumption and waste habits. It reveals a window for businesses to lead, educate, and align with consumers to drive the transition from a linear to a circular economy. Consumer education and guidance required.

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Inside Retail

SEPTEMBER 29, 2023

Tech accessory juggernaut Casetify is making waves in the American retail landscape via its landmark partnership with consumer electronics giant Best Buy. This expansion is more than just a growth strategy; it’s a testament to Casetify’s ambition to capture a larger slice of the global tech accessory market.

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Inside Retail

JANUARY 19, 2023

Recent years have seen rapidly evolving changes in all areas of consumer behaviour and there is little doubt it will continue in terms of the products and services that people want, who they want them from, and where and when they want to access them. Rather than talking about what we do when we’re out there, it’s about how it makes us feel.”

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Inside Retail

JANUARY 3, 2024

Some notable anime collaborations from the past year include: Jimmy Choo x Sailor Moon: February 2023 In honour of the manga/anime series’ 30th anniversary, Jimmy Choo released a limited-edition handbag, shoe, and accessories drop inspired by the popular franchise. billion in 2022 and is expected to grow at a compound annual growth rate of 9.8

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Inside Retail

MAY 23, 2023

per cent year on year in December 2022 and is currently sitting at 26.72 In December 2022, a note by Morgan Stanley, which found that young adults living at home with their parents were driving purchases of pricey products, was widely covered by the media. “In Australia, retail spending in restaurants and cafes grew 25.34

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Inside Retail

SEPTEMBER 6, 2023

The latest lending indicators from the Australian Bureau of Statistics (ABS) show that the average mortgage size was about $580K in 2022. So how can retailers capitalise on the Millennial market and what drives this generation’s interests? But a new consumer dilemma is looming. And, why wouldn’t they?

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Inside Retail

OCTOBER 7, 2022

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . per cent in August 2022 compared to the previous year. According to professor of marketing and consumer behaviour at Macquarie University Jana Bowden, there is a lag effect happening with spending. she said. “Not

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Inside Retail

DECEMBER 13, 2023

When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. A separate report from Statista confirmed that in 2022, US consumers spent an average of $920 on Christmas gifts alone. billion and $966.6 billion and $966.6

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Inside Retail

NOVEMBER 1, 2023

Besides being a hub for both shopping and travel enthusiasts, the city represents the brand’s biggest market in the US. I had already understood the power of having sexy luggage and having luggage as a fashion accessory, as a status symbol. I was very much in that in that target audience set. per cent from 2021 to 2028.

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RetailMinded

MAY 1, 2022

LMCC is designed to help your business succeed within this new lifestyle sector as self-care takes center stage for the consumer. Retailers, keep your eye on these eight brands and the many more that will be showcasing at LMCC 2022. Category: Specialty Food, Lifestyle Accessories. Alta Via Crèmerie. Pure Dharma.

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Inside Retail

MAY 24, 2024

The company began by creating rowing blazers, in neutral and neon-hued tones, and has since diversified into a wider range of apparel and accessories, from sweaters to watches. The collection was well-received by fashion editors and consumers alike, with several items selling out almost immediately post-launch.

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Inside Retail

JUNE 18, 2023

Eloise Zoppos, director of research and engagement at Monash Business School’s department of marketing, told Inside Retail that Nike Well Collective was a well-thought-out move to build a sense of trust and legitimacy as the brand expands its focus. trillion wellness market appeared first on Inside Retail.

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Inside Retail

NOVEMBER 26, 2023

The susta i nable fashion market is set to become bigger and better than ever in 2024. According to market insights and consulting company Maximize Market Research , the global sustainable apparel market is valued at US$6.89 billion in 2022 and is expected to grow to US$11.96 per cent.

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Inside Retail

SEPTEMBER 17, 2023

Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight. billion in 2022 to US$79.05 billion in 2022 to US$79.05

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Retail Focus

FEBRUARY 9, 2022

The ‘flagship’ strategy is an all-new proposition for Sports Direct, bringing the best of sports to the consumer with an unrivalled product choice and world-class experiences through Sports Direct’s new design and brand vision. Set to open in late 2022, the store will feature the brand’s new premium design across five floors.

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Retail Focus

SEPTEMBER 1, 2022

Trading from 3,000 sq ft on South John Street, Under Armour Liverpool ONE is set to open later this year and will stock the brand’s renowned performance sports apparel, footwear and accessories. Grosvenor , added: “We are delighted to welcome leading sports apparel brand Under Armour, solidifying our strong market position.

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Inside Retail

FEBRUARY 29, 2024

Rent the Runway, a US-based fashion rental and retail company, recently announced the appointment of Natalie McGrath as its new chief marketing officer, effective March 4. We are focused on supercharging our market share by creating emotional and lasting connections with our core customers — and reaching net-new audiences.”

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Inside Retail

MAY 16, 2024

Modibodi is rolling out a completely new brand identity across all consumer touchpoints from above and below-the-line advertising to customer communications, its website, packaging and retail presence. “We It is aspirational, original and doesn’t take itself too seriously,” Modibodi CEO Kerry Cusack told Inside Retail.

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Inside Retail

SEPTEMBER 20, 2022

Over the last 13 years, Japanese fashion brand Uniqlo has established a foothold of 26 stores in the ultra-competitive Singaporean market, and it is looking to grow even further with the opening of four new stores in the next six months and the continued expansion of its online to offline (O2O) strategy. A unique proposition.

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Inside Retail

DECEMBER 12, 2023

Overseas secret Ksubi sauce After a colourful few years operating in Australia, where its internal workings became quite public, Ksubi focused on growing the streetwear brand overseas and gained a cult following of celebrities, tastemakers and loyal consumers.

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Inside Retail

JUNE 22, 2023

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

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Inside Retail

JANUARY 30, 2023

The Australian Competition and Consumer Commission (ACCC) is cracking down on misleading testimonials and endorsements by social media influencers. According to a release by the regulator, the sweep – which will take place over the coming weeks – is part of the ACCC’s compliance and enforcement priorities for 2022 to 2023.

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Inside Retail

JUNE 27, 2023

Marquee Retail Group, the parent company of Colette by Colette Hayman (CBCH) and The Daily Edited (TDE), is aiming to expand its market share through acquisitions and expansions. Colette by Colette Hayman Marquee Retail Group acquired CBCH, a fashion accessories and jewellery brand, out of administration in September 2020.

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VMS

JANUARY 30, 2022

But on the plus side, let’s look at three major innovative trends that appear ready to help retailers find new ways to connect with customers in 2022. Tenspace (Columbus, Ohio) offers digital native and direct-to-consumer brands, like sports apparel brand Rudis, a physical space to test store concepts and brand activations.

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Inside Retail

SEPTEMBER 13, 2022

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

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Inside Retail

FEBRUARY 2, 2023

per cent decline in month-to-month spending between November and December 2022. per cent between December 2021 and 2022, annual spending appears to be falling from mid-year highs, whereby spending rose by 19.2 per cent in August, 2022. per cent in August, 2022. per cent drop over the two month period.

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Inside Retail

JANUARY 4, 2023

The brand’s fifth store in Singapore, which is located in Ion Orchard, features an “enhanced shopping experience” that aims to introduce more consumers to Desigual through a new perspective on the brand. When it comes to Singapore, the brand landed in the island republic back in 2008, and later expanded to different markets.

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Inside Retail

APRIL 26, 2024

It’s a trend that’s also playing out close to home with Roy Morgan’s Future of Australian Retail address highlighting the dichotomy between the $8 billion in sales cheap offshore marketplaces are sucking out of the market versus the increase in people wanting to shop more ethically and sustainably while still looking for quality.

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Inside Retail

SEPTEMBER 22, 2021

H&M announced a collaboration with Iris Apfel, New York style icon, fashion designer and interior decorator who likes to dress up “for herself and herself only” and is known for her vibrant clothing, fun accessories and signature thick, oversized specs. Consumers don’t pack it in during their later years of life and give up on beauty.

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Inside Retail

DECEMBER 13, 2021

The French Government’s international trade agency, Business France, has launched an online showroom to connect French fashion and accessories brands with industry professionals in the APAC region. We really hope that 2022 will allow us to be able to invest in marketing campaigns again,” she said.

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Inside Retail

OCTOBER 11, 2023

And this is something that is so cool about them: They serve a valuable niche in markets that are not first tier but are dense enough and with enough disposable income to warrant a more sophisticated shopping experience than the standard Big C or Lotus’s hypermarket centre. The eat-shop-play moniker is not a bad descriptor.

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Inside Retail

SEPTEMBER 19, 2023

The company delivered a revenue increase of 16 per cent to $172 million during the period spanning pre-Covid year 2019 to 2022 and expects flat-to-modest revenue growth for 2023, in the face of constrained consumer spending and wholesaler buying caution.

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