Inside Retail

MARCH 7, 2024

The company’s total sales exceeded $10 million in August 2022, before it launched an equity crowdfunding campaign the following month, seeking about $3 million to fuel its potential expansion into Hong Kong and Singapore.

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Inside Retail

SEPTEMBER 26, 2022

So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. With an unrivalled foundation in [research and development], Impossible is the first company delivering on the promise to make meat from plants that consumers actually prefer over the animal version,” he said, citing surveys the company has conducted.

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Inside Retail

JUNE 25, 2023

Even in semi-rural and rural markets, consumers increasingly prefer online purchases, driven by convenience, discounts, and a wide variety offered by e-commerce players. Nevertheless, Apple enjoys an unrivaled status symbol among consumers, which industry experts believe will play a significant role in its retail strategy.

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Inside Retail

FEBRUARY 11, 2024

per cent in 2022, the report added. This modest uptrend in employment within the sector, however, mirrors the broader trend of a slowdown in consumer spending, the report said. Generation Z was predominant in the retail industry last year, accounting for 50.4 The proportion of Gen Z employees in the sector increased from 45.5

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Inside Retail

MAY 1, 2023

Chapman and the Kind team started the B Corp certification process early on in the business’ life, and was officially certified at the end of 2022. “As It is being driven by a changing consumer. The post The Kind Collective eyes international expansions as organic beauty thrives appeared first on Inside Retail.

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Inside Retail

APRIL 18, 2023

IR: It seems that a lot of Australian retailers are considering international expansion right now. Can you tell me about launching the business initially, and why you shifted your focus in 2018 to direct-to-consumer – first online and now offline as well? Do you think there’s been a mindset shift around this?

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Inside Retail

NOVEMBER 23, 2021

Since launching in the UK in 2018, furniture brand Maker & Son has quickly established itself as a go-to furniture brand for comfort, with its popular Instagram videos of a woman throwing herself onto the large cushioned sofas captivating consumers. Once the brand is more established, I think [online-only sales] will grow.”.

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Inside Retail

MAY 15, 2022

billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters. billion in the fiscal year ending March 2022, and says that nine out of 10 Indian households use at least one of its brands. billion) of annual sales from the business within five years. billion people.

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Inside Retail

SEPTEMBER 19, 2023

The company delivered a revenue increase of 16 per cent to $172 million during the period spanning pre-Covid year 2019 to 2022 and expects flat-to-modest revenue growth for 2023, in the face of constrained consumer spending and wholesaler buying caution.

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Inside Retail

JANUARY 25, 2022

And though the sector is tipped to grow around 9 per cent in 2022, according to IbisWorld, compared to other countries Australia is slow. While many brands see a dip in sales following a rebrand, as a level of consumer confusion kicks in, MyDeal saw the opposite. “It Online has a long way to go [in Australia],” Senvirtne said.

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Inside Retail

MARCH 13, 2023

In what the national property agency CBRE described as a ‘flash survey’, 83 per cent of Australian respondents across a snapshot of the Asia Pacific region indicated expansion plans. The lift in sales followed a disappointing 4 per cent in December 2022 underpinning a 1.6 per cent month-on-month to $35.09 billion in January 2023.

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Inside Retail

JANUARY 11, 2022

Delivery will keep growing as this service evolves and consumers continue to value convenience. With Covid-19 and social distancing changing consumer behaviour, premiumisation will occur with consumers willing to pay for better experiences across casual dining. What are your expansion plans for 2022 and beyond?

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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. trillion from 2022 to 2027. It was valued at $3.8

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Inside Retail

JANUARY 31, 2023

Chinese nationalism is on the rise, with an accompanying disdain among a broad swathe of consumers for foreign products. Markers of the expansion are everywhere, such as the proliferation of running events (exemplified by the Shanghai Marathon), and the emerging ubiquity of football fields and tennis courts.

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Inside Retail

MAY 16, 2024

Modibodi is rolling out a completely new brand identity across all consumer touchpoints from above and below-the-line advertising to customer communications, its website, packaging and retail presence. “We Global growth and fashion collabs Beyond the relaunch, Modibodi is also targeting growth through international expansion.

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Retail Focus

MARCH 30, 2022

Global lifestyle brand, kate spade new york, is to open its first Northern Irish store in April 2022, at designer outlet, The Boulevard. . Dominic Brady from KLM Real Estate said: “kate spade new york is notoriously selective with its outlet expansion so we are delighted to welcome the brand to the scheme.

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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. Allbirds went from having 22 brick-and-mortar global stores in 2020, to 35 in 2022, before rapidly ending up with 58 locations by the end of 2022.

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Parcel Pending

MARCH 25, 2024

We take pride in seeing how quickly our open locker network has grown since we first announced it in the summer of 2022, a testament to the success of our agnostic approach, addressing the needs of UK carriers and consumers as we serve one of the largest e-commerce markets in the world.

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Inside Retail

NOVEMBER 29, 2023

THG specialises in taking brands directly to consumers with divisions spanning the beauty, wellness and commerce industries. billion in the 2022 financial year and is up 4.5 THG is still sitting strong as a force in the beauty industry after it reported the beauty arm of its business earned £1.2 per cent year on year.

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Inside Retail

AUGUST 4, 2021

An untold number of coffee shops across the globe have temporarily or permanently closed at the height of the pandemic but Vietnam’s TNI King Coffee has bucked the trend, opening its first store in the US early this year and pushing forward with expansion plans. After all consumers still need to eat and drink,” Thao said.

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Inside Retail

NOVEMBER 27, 2023

There are about 1600 possible product combinations, according to Felicity McGahan, group CEO of Strand, the 96-year-old Australian luggage chain that launched Nere in 2022. With most items priced under A$200, the brand is seeking to elevate travel for the mass-market consumer. “Everyone travels now,” McGahan told Inside Retail.

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Design Middleeast

APRIL 29, 2024

the Zeph Chair collection with Herman Miller is distinguished by a colorful one-piece seat and flexible back Through the same research-backed ergonomics that led to the design of the multipurpose chair and stool introduced in 2022, Zeph Side Chair by Herman Miller and Studio 7.5 Zeph Side Chair by Herman Miller and Studio 7.5

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Inside Retail

OCTOBER 16, 2023

Even if only a fraction of these users convert into consumers, it spells immense profitability for retail brands. This is precisely what direct-to-consumer (DTC) brands have been capitalising on in recent years. Industry experts predict significant further expansion in the DTC market in the years to come.

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Trade Group

AUGUST 25, 2021

The Consumer Technology Association (CTA) recently made a significant announcement that could set the stage for trade shows & conferences in 2022 and beyond. For CES 2022, all attendees must show proof of a COVID-19 vaccination before they are allowed into the event. CES 2022 is not scrapping the virtual element entirely.

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Inside Retail

DECEMBER 17, 2023

Retailers within the pharmacy sector are evolving and exploring ways to best cater to consumers with the creation of one-stop-shop pharmacy retail spaces and superstores. Wesfarmers acquired Priceline’s parent company API in 2022 when CEO Rob Scott saw an opportunity to enter the fast-growing $25 billion health, well-being and beauty sector.

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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 22, 2024

According to a recent Euromonitor report, while consumer food-service value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in Asia Pacific. The report predicts that regular dining out will be off the menu for cost-conscious consumers until 2028. trillion in 2023.

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Inside Retail

OCTOBER 9, 2023

A report by market research and consultancy firm Market Decipher states that the global collectables market was valued at US$426 billion in 2022 and is predicted to reach US$1 trillion by 2032. The shifts we’ve observed [in the collectables market] were influenced by a combination of global events and changing consumer behaviors.

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Inside Retail

MAY 2, 2024

Walmart’s senior vice president of private brands, food and consumables Scott Morris said the launch was driven by rising customer expectations. Naik noted that consumer product goods companies’ multiple rounds of price hikes over the past years have created an opening for private-label sales that previously did not exist.

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Inside Retail

NOVEMBER 23, 2023

Speaking with Inside Retail , Dockers CEO Natalie MacLennan explained that the brand, which is part of Levi Strauss & Co , underwent a restructure in 2020, which has given the business the focus – and resources – it needs to reinvent itself for a modern consumer. We really wanted to make sure that Dockers had focus.”

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Inside Retail

NOVEMBER 14, 2023

The tour will showcase the brand’s fragrance and grooming products for men, with immersive pop-up experiences that will allow consumers to experience its products in real life, and opportunities to win coupons, full-size products, and attend meet-and-greets with local celebrity athletes at select events. and US$3.15. and US$3.15.

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Tusco Display

JANUARY 7, 2022

2022 Retail Trend Predictions Predictions abound as 2022 kicks off and retail trends are not immune to speculation. 2020 saw closures and bankruptcies, while many retailers were buoyed in 2021 - with bankruptcies down and plans for expansion. We’ve written on the topic before and will continue to talk about it.

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E Delevry

JUNE 16, 2022

ASOS has seen a “significant increase” in returns rates in the UK and Europe towards the end of the three months ended 31 May 2022 which it says reflects inflationary pressures on consumers. Expansion to key territories within Europe remains on track for the second half of FY22.

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Inside Retail

AUGUST 23, 2023

But the steady expansion of the group’s retail network, combined with the recovery in consumer spending after pandemic-control measures shifted in Q4, helped mitigate the majority of the impact during the financial year. The group includes the Chow Tai Fook brand, as well as Hearts On Fire, Enzo, Soinlove and Monologue.

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Parcel Pending

AUGUST 9, 2023

In today’s fast-paced world, consumers are always on the move—whether it’s a quick trip to the grocery store, collecting packages, or making an impromptu visit to grab a forgotten item from an online order placed the previous night. Delivery to home remains a favorite among consumers.

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Inside Retail

JANUARY 31, 2024

It was valued at US$200 million in 2022. Shift towards realism in retail The shift towards authenticity and realism in retail transcends the intimate apparel market within the fashion industry and comes from brands listening to and reciprocating consumers’ needs, wants and preferences.

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Inside Retail

APRIL 8, 2021

Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. We are now entering the next chapter of our expansion, which is very exciting, with an acceleration of the internationalisation process.

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