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Lotte Duty Free wins Melbourne Airport rights

Inside Retail

. “Lotte Duty Free Melbourne Airport store … will be a key hub for Lotte Duty Free’s global business expansion and (duty-free) market recovery,” said Kim Ju-nam, CEO at Lotte Duty Free.

Expansion 235
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Here is what’s driving Danish retail giant Bestseller’s success Down Under 

Inside Retail

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. Since launching the brand in 2018 in Australia and New Zealand, we’ve seen over 200 per cent increase in sales. [It]

Fashion 236
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The retail contest between CBDs, malls and online is set to reshape our cities

Inside Retail

Aussie consumers spent a whopping A$353 billion on retail goods in 2022 compared with $275.3 billion in 2018 – a 28.2 Over the same period, online retail spending increased by 132 per cent from $27.5 It now accounts for just over 18% of retail spending in Australia, up from 10 per cent in 2018. per cent increase.

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Watch titans unite: Rolex acquires Bucherer and aims at pre-owned market

Inside Retail

While Rolex is an internationally recognised brand, Bucherer isn’t as well known outside of Europe and the US, and operates in a highly homogenised luxury and jewellery retail market. “I I think the acquisition means more for the brand positioning of the relatively lesser-known Bucherer brand than the Rolex brand,” he added.

Marketing 264
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JYSK to open two new stores in Greater Manchester

Retail Focus

The two new openings are part of JYSK’s ambitious UK expansion plan which comes off the back of record results in the UK & Ireland during the financial year 2019/2020, with total sales reaching €41M, an increase of 74% on 2018/2019.

Expansion 173
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Why so many global brands fail in Australia

Inside Retail

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. The popular American brand Gap also lasted five years, with its six Australian outlets closing in 2018 and the possible launch of stablemate brands, Banana Republic and Old Navy shelved.

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How US start-up Subtl Beauty stacks up in a hypercompetitive beauty market

Inside Retail

Launched in 2018, Subtl Beauty is built around the idea of having all your makeup essentials — like concealer, blush, and powder — in one easy-to-use stack, or ‘stak’, as the brand dubs its hero product, rather than carrying around a bulky slew of items.

Marketing 130