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Australian Retail Outlook 2023: Paradigm shifts and fresh perspectives

Inside Retail

In the face of drastic increases in the cost of essentials, most consumers made rapid and wide-ranging spending cuts. With interest rates still high, even the normalisation of costs for many food items has not reassured consumers, and many intend to continue a cautious spending approach in 2023.

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“Transformation agenda”: MFG CEO on Bobux acquisition and growth plans

Inside Retail

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.

Planning 244
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Wendy’s international boss talks about the burger brand’s Aussie plans

Inside Retail

We plan on using local ingredients sourced in Australia wherever possible. Wendy’s plans to enter the Australian market on the east coast, and the company is exploring major cities like Sydney, Melbourne and Brisbane. We also plan to align resources to further support development acceleration across the US and international segments.

Planning 244
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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

Sustainable, direct-to-consumer fashion brand Allbirds promised to revolutionise the retail industry with stylish, comfortable, and environmentally-conscious footwear designs. To put this in perspective, the SG&A totaled up to just US$122.2 Its valuation surged to over US$4 billion on its first day of trading in November 2021.

Planning 130
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Wendy’s international boss on the burger brand’s Aussie plans

Inside Retail

Wendy’s Burgers is ramping up its expansion in Australia , after announcing plans to enter the market last year. We plan on using local ingredients sourced in Australia wherever possible. We also plan to align resources to further support development acceleration across the US and international segments.

Planning 130
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“Impossible to ignore”: Witchery MD’s plans to capitalise on digital growth

Inside Retail

Managing director Simon Schofield discusses the new bricks-and-mortar experience and the brand’s revitalised product range. SS: Covid has undoubtedly impacted the way consumers are shopping, and it’s impossible to ignore the consistent growth in the digital space as a result.

Planning 246
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Fortnum & Mason exec discusses APAC expansion and digital plans

Inside Retail

Understanding the Chinese consumer. Despite the multiple challenges over the last two and a half years, Carmen Chiu, regional managing director, Asia Pacific at Fortnum & Mason, is confident that the brand has built a solid foundation and engagement strategy with the domestic customer through its retail and hospitality businesses.

Expansion 130