Inside Retail

MARCH 13, 2023

According to their Fashion Resale Report 2022, economic considerations follow sustainability as the primary two motivators of second-hand clothing purchases. There wasn’t that collective information about what consumers were doing, and I thought, how are we going to track our progress as we strive for a more sustainable fashion industry?”

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Inside Retail

JANUARY 11, 2022

Despite the setbacks of the last 12 months for the hospitality industry, the next 12 to 24 months are looking up, with exciting innovations and digital-driven changes for many franchises. How do you expect casual dining to change over the next 12–24 months? What are your expansion plans for 2022 and beyond?

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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. per cent month-on-month in September, rising for the first time since November, 2021. She said that consumers are already making cuts. she said. “Not

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Inside Retail

MARCH 20, 2024

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022. It was valued at $3.8 Estimates suggest China’s social commerce market enjoyed a 40.25

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Inside Retail

JANUARY 23, 2022

NPD reports that sales in Q3 of 2021 were up by 24 per cent, compared with the same time last year. The popularity of the Y2K aesthetic last year led many consumers to embrace bolder, brighter eye makeup, especially in the era of mask-wearing, when only the top half of your face is visible. Hair is the new skin.

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Trade Group

SEPTEMBER 10, 2021

COVID shutdowns forced many to close for months, and the policy of gradual reopening coupled with new regulations and consumer fears further stressed this sector. million in 2021. It is more important than ever to cement your brand experience with clients and consumers. 9-12, 2021 / May 2-5, 2022.

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Inside Retail

MARCH 14, 2024

Sustainable, direct-to-consumer fashion brand Allbirds promised to revolutionise the retail industry with stylish, comfortable, and environmentally-conscious footwear designs. Its valuation surged to over US$4 billion on its first day of trading in November 2021. million in 2022, or 56 per cent of total revenue.

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Inside Retail

FEBRUARY 20, 2023

Despite the mounting headwinds, Australia’s economy was a strong outperformer in 2022. per cent between December 2021 and November 2022. For consumers, there is a very strong desire to get out and enjoy life. million passengers flying domestically in the three months to September 2022.

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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

DECEMBER 5, 2022

Consumers are the driving force behind a constantly changing, fragmented and evolving e-commerce landscape. From 2021 and even into early this year, 77 per cent of global consumers were still spending at or above the same levels online as they were a year prior. Inflation’s impact on e-commerce is still unclear.

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Inside Retail

APRIL 29, 2023

Consumers, too, preferred to use contactless payments or to shop online. In the 2021 financial year, the number of payments on card rose to 12 billion, a 22 per cent increase on 2019 and up by more than 4 billion since 2017. Responding to consumer payment preferences Australians are at the forefront in adopting digital payments.

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Inside Retail

JULY 14, 2023

In the 2021-2022 financial year, data from the Reserve Bank of Australia suggests that there were 7 million active BNPL accounts in Australia worth $16 billion – about 37 per cent more than the previous financial year.

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Inside Retail

AUGUST 29, 2022

Australian retail sales reached a record high in the last three months of 2021. Trade data last week also showed an import surge in the previous three months of 2021. per cent, respectively, due to the release of consumer demand from states under prolonged lockdown. . per cent increase in sales. per cent and 10.2

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Inside Retail

FEBRUARY 25, 2024

L’Occitane purchased Dr Vranjes Firenze in January this year for a reported US$164 million, or approximately 12 times its core earnings, from Bluegum Capital Partners, a European private equity fund that specialises in consumer brands. L’Occitane also acquired a 50 per cent stake in Singaporean skincare brand Erborian in 2012.

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Eye on ESG

JULY 22, 2022

As discussed in our recent legal update on the Grantham Research Institute on Climate Change and the Environment’s 2021 Global Trends in Climate Change Litigation Policy Report (the “ 2021 Report “), between 2015 and 2021, there was a marked increase in the number of such climate-related cases being brought against private sector actors.

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Inside Retail

FEBRUARY 21, 2022

As the new year gets well and truly underway, consumer spending appears to be shaking off the impact of the Omicron variant. CommBank Chief Economist Stephen Halmarick also confirmed a positive economic growth outlook, saying that “we continue to expect the Australian economy to grow by close to 5 per cent in 2022”.

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Inside Retail

MAY 8, 2022

Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). For the year to June 2021, consumer retail spending grew by 9.1 per cent year-on-year growth in retail consumer spending to March 2022 3. Here’s the first interesting finding. Yes, you read that right.

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Inside Retail

MAY 8, 2022

Ipsos data indicates that as of January 2022, 37 per cent of shoppers across 16 countries had used quick commerce on-demand grocery delivery services in the past six months (it was 25 per cent for Australia) 1. In the US, according to a November 2021 Coresight Research report, quick commerce will generate US$20-US$25 million in a year.

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Inside Retail

APRIL 6, 2022

Pattern Australia has released its fourth annual report on consumer considerations and e-commerce. Impressively, Amazon has managed to hold onto the accelerated gains it made in the last two years when consumers were in lockdown, and the research finds that e-commerce shoppers have no plans to slow their spending on the marketplace in 2022.

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Inside Retail

JUNE 19, 2022

Consumer spending intentions measured by the CommBank Household Spending Intentions Index rose 2.9 per cent on May 2021 and 13 per cent lower than their peak in March 2021. per cent on May 2021 and 13 per cent lower than their peak in March 2021. per cent on May 2021. per cent above May 2021.

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Parcel Pending

JANUARY 21, 2022

With consumer behavior continuing to trend toward digital wallet and contactless payment methods , retailers should strongly consider providing these options as part of their checkout experience – if they have not done so already. As a comparison, the average wait time for curbside pick up hovers between 8-12 minutes. Salesforce.

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Trade Group

NOVEMBER 24, 2021

The Natural Products Expo West (NPE West) will be coming back as a live, in-person event on March 8-12, 2022. In 2021, NPE West converted its in-person tradeshow into a virtual setting that lasted a week in May and then a few months later, in October, offered a “Modern Health Pop-Up Event” in Las Vegas. “An

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Inside Retail

JULY 6, 2021

It’s now time to turn to automation, scale and efficiency to harden much of the innovation that has been held together by masking tape for the past 12 months. So, what’s in store for retail in 2021 and beyond? Indeed, 79 per cent of consumers say that the customer experience is as important as a brand’s products and services.

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Inside Retail

AUGUST 17, 2021

per cent growth in online groceries between 2021 and 2026. Brighter outlook for 2022. The Coles boss is optimistic about 2022 and hopeful that vaccinations will normalise consumer shopping behaviour and migration. “In Similarly, online liquor performed strongly, with 79 per cent sales growth to $110 million. “It

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Inside Retail

MARCH 7, 2023

It follows DVF’s partnership with H&M , which launched in 2021, and also featured the lips print. According to Women’s Wear Daily , the brand closed 12 of its 13 stores in the US, entered a partnership with Hong Kong-based Glamel Trading Ltd, and only manufactures ready-to-wear products. The brand achieved record sales of over $7.4

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Inside Retail

JUNE 22, 2022

In August 2021, the New Zealand-based Restaurant Brands reported its Australian operations grew 24.1 per cent during the half-year to June 2021, to NZ$117 million ($107.1 The business revealed in its half-year results it was on track for nine to 12 new restaurants in FY22, with at least 55 new restaurants planned by 2028.

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Inside Retail

NOVEMBER 8, 2023

In an age when consumers are becoming more and more immersed in the world of social media and video content, the humble book shouldn’t really stand a chance. According to a financial report conducted by the ABA in 2021, independent bookstores found that 29.6 billion in 2023 to US$21.17 billion by 2027. What’s driving this resurgence?

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Talking Retail

JANUARY 4, 2023

in the 12 weeks to 25 December 2022 according to the latest figures from Kantar. Year-on-year growth in December was even higher at 9.4%, the fastest rate recorded since February 2021, with sales reaching a new record at £12.8bn. Take-home grocery sales increased by 7.6%

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Consumer 52

Inside Retail

JUNE 1, 2023

Carver, who has been with Converse for over 12 years, will succeed Scott Uzzell, who will transition internally to Nike, as the VP/GM of North America. Carver is a consumer-first leader who brings more than a decade of leadership at Converse. The move is part of a larger leadership shuffle within the company.

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Inside Retail

AUGUST 3, 2023

This led to snaking queues as consumers were determined to get their hands on the collectibles – a phenomenon the country is familiar with whenever freebies are offered at fast food chains. In response to this shift in consumer behaviour, we recognise the importance of providing ultra-fast and convenient snacking options.

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Inside Retail

JULY 28, 2021

In the last 12 months alone, the industry has seen household names across the globe forced into administration (with a number never to return) including Debenhams, Arcadia Group, JC Penny and Century 21. Australian digital sales reached record levels during Covid-19, with lockdowns driving consumers online in greater volumes than ever before.

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VMS

NOVEMBER 28, 2021

Scan this QR code for a link to the online photo gallery from IRDC 2021. With an incomparable line-up of compelling educational content, interactive workshops and (who could forget) the crowd-favorite Iron Merchant Challenge, IRDC 2021 reaffirmed the importance of collaboration to our industry. The post Couldn’t Attend IRDC 2021?

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Inside Retail

DECEMBER 13, 2023

And, in June 2021, PLBY Group paid $443 million for local lingerie label Honey Birdette, while US retail platform a.k.a. Alex Downie, associate director of Sydney-based private equity firm Glow Capital Partners, noted that the gap between the best Australian brands and the rest has grown wider in the last 12 months. “As

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Inside Retail

SEPTEMBER 27, 2021

Until now most retailers have absorbed the costs, but with no end in sight to the shipping crisis, it’s possible the price of goods for consumers is going to rise. We’re hearing of large retailer’s stockpiling 8-12 months’ inventory! The cost of shipping around the world has skyrocketed. What caused shipping costs to surge?

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Inside Retail

MAY 31, 2021

After a year of disrupted ski seasons in both the northern and southern hemispheres due to Covid-19, snow gear brands are bracing for a big winter in Australia and New Zealand, as consumers hit the slopes in the largely Covid-free countries. We see kids picking up the practice and they will be the consumers of tomorrow,” Pompilio said.

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Contra

JANUARY 10, 2024

Visual merchandising plays a pivotal role in the retail industry, significantly influencing consumer behaviour and sales outcomes. HubSpot, 2021) Visual and Technological Enhancements Shoppers perceive products in well-lit displays to be 20% more valuable.

Visual Merchandising 52

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Contra

JANUARY 10, 2024

Visual merchandising plays a pivotal role in the retail industry, significantly influencing consumer behaviour and sales outcomes. HubSpot, 2021) Visual and Technological Enhancements Shoppers perceive products in well-lit displays to be 20% more valuable.

Visual Merchandising 52

Visual Merchandising Merchandising Display Texture 52