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Ksubi’s return to Australian shores with Bondi Beach House and what’s next

Inside Retail

It comes as the brand plans to open new stores in Sydney and Melbourne in early 2024. Direct-to-consumer sales continue to be the strongest part of Ksubi’s business, and with former General Pants CEO Craig King at the helm since February 2019, the business is well-positioned to invest in retail space in Australia.

Fashion 273
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Former L’Oréal Australia MD goes all in on natural skincare

Inside Retail

During Mark Tucker’s tenure as managing director of L’Oréal Australia from 2002 to 2010, annual revenue grew from $12 million to more than $400 million. Tata Harper, a clean beauty brand started in the US in 2010, is valued at over US$65 million today. The same goes for wholesale partnerships.

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Goop without Gwyneth: Ex-Hairhouse GM to launch online wellness platform

Inside Retail

Two years after stepping down from his role as executive general manager of national salon chain Hairhouse, Steve Terry is back with a new wellness venture that is part online retailer, part digital magazine and part events business. He also plans to offer a small range of Youtime-branded products, such as yoga mats and face serums.

Curate 246
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Analysis: What’s changed since the Farfetch-YNAP deal was first announced

Inside Retail

Compagnie Financière Richemont said that the European Union was the last regulatory authority that was required to provide clearance, and Richemont is planning to complete the deal later during the fourth quarter of 2023. Richemont first purchased Net-a-Porter in 2010 for approximately US$550 million, before merging it with Yoox.

Fashion 246
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Sport and retail: How brands can leverage the buzz around the Matilda’s

Inside Retail

Sporting events can also lead to greater consumer spending, with the success of local sporting teams acting as a mood enhancer, with people celebrating or sharing moments over food, or while travelling. According to 2010 World Bank data, total household expenditure by emerging economies on sport amounted to over $38 billion.

Flow 246
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Fast fashion firms prepare for EU crackdown on waste mountain

Inside Retail

Within a year, the sorting centre run by garment re-use and recycling charity Moda Re plans to double the volume it handles to 40,000 metric tonnes annually. Precise data on the growth of clothing waste is scarce but collection for recycling and reuse increased gradually in several European countries from around 2010, a 2021 EU report said.

Fashion 245
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Meet Daniel Broderick, a New Yorker helming New Era’s APAC operations

Inside Retail

Daniel Broderick, New Era’s managing director for Asia Pacific, recently shed light on how this iconic brand aims to shape the future of fashion in the region. The current state of affairs “Malaysia has a growing economy and a strong consumer market, making it an attractive destination for expanding retail businesses.