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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.

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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family. The customer-first plan was introduced back in 2019 and remains the centrepiece of the company’s strategy to deliver for all its interested parties.

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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Australian athleisure brand LSKD has appointed its first chief retail officer, the former director of retail for Lululemon ANZ Alex Shaughnessy, as part of its strategy to become a world-class retailer. Part of this expansion strategy is to give LSKD customers the ability to shop directly with the brand. “We

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Selfridges: Why the best department store in the world is up for sale

Inside Retail

Unlike other British department stores, such as Debenhams and House of Fraser, which both collapsed into administration after years of erratic sales growth, or even John Lewis, which has been unable to halt a steady sales decline since 2018, Selfridges has actually reported a sales increase every year for the last decade, reaching £1.97

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The three pillars Godfreys is investing in to transform the business

Inside Retail

In 2018, specialty vacuum and cleaning retailer Godfreys was delisted from the ASX and bought back by the family of John Johnson, who started the business 90 years ago. Another aspect of Godfreys’ growth strategy is its focus on attracting millennials, who are the new generation of homeowners.

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Taking flight: Samsonite sales soar as it embraces sustainable design

Inside Retail

The company is guided by its global sustainability strategy, ‘Our Responsible Journey’, which lays out the company’s sustainability goals for 2025 and 2030 across three pillars: product, planet and people,” she told Inside Retail. As a result, sustainability is an important element of the brand’s long-term strategy.

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30 Stats that Prove Visual Merchandising is More Important than Ever

Contra

These statistics demonstrate the impact of various visual merchandising strategies, from window displays to the use of technology. VM & Retail Magazine, 2018) Products at eye level are 82% more likely to be picked up and bought. National Retail Federation, 2020) Interactive displays can boost product engagement by 40%.