Inside Retail

JUNE 25, 2023

Apple, known for its long game worldwide in terms of products, services, and marketing, finally arrived in India earlier this year. In April, the tech giant launched its first two stores, both of which achieved record-breaking sales during an off-season period when online retail dominates the market. billion people.

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Inside Retail

JULY 10, 2023

Australian consumer electronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. The group eventually decided to “double down” on the New Zealand market, and invest in building it up as the broader retail market recovered.

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Inside Retail

FEBRUARY 11, 2024

per cent of the sector’s employees, a report by workforce management firm Deputy shows. per cent in 2022, the report added. The correlation between the slowing pace of consumer expenditure and the growth in employment suggests that the industry’s expansion is closely tied to consumer spending habits.

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Inside Retail

APRIL 2, 2024

In a world where technology, from smartphones to AI, is being integrated into almost every aspect of daily life, it may surprise some people to learn that the stationery market is thriving. The post How British brand Papier is driving growth in the global stationery market appeared first on Inside Retail Australia.

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Inside Retail

APRIL 18, 2023

Sportswear retailer LSKD has been expanding rapidly throughout Australia in recent years, and has now set its sights on a bigger market: the US. IR: It seems that a lot of Australian retailers are considering international expansion right now. Inside Retail : Earlier this month, LSKD opened its first store in the US, in San Diego.

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Inside Retail

AUGUST 11, 2021

We’re building a new e-commerce site, we’re implementing marketing cloud and service cloud, we’re implementing a customer data platform (CDP), and on top of that, we’re implementing a new order management system and mobile point of sale platform,” Alexander told Inside Retail. The post R.M.

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Inside Retail

NOVEMBER 23, 2021

Now, the company has its sights set on APAC expansion, with plans to move into Singapore next year — its first market in Southeast Asia. We’re expanding into Singapore, and using that as a beachhead into Southeast Asia,” Liz Jamieson, Maker & Son general manager for Australasia, told Inside Retail. “We

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Inside Retail

DECEMBER 17, 2023

Herbal supplements, vitamins and minerals and protein-based products have saturated/(flooded) the market and the businesses that sell them have experienced phenomenal growth, online during the pandemic and in the years following. trillion in managed assets. billion by 2030. on November 30 this year to $0.74

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Inside Retail

MARCH 14, 2024

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. million in 2022, or 56 per cent of total revenue. On the same day, the company reported a 14.5

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Inside Retail

JANUARY 4, 2023

Spanish fashion retailer Desigual recently opened a new store in Singapore and unveiled an aspirational expansion strategy in Asia that will see it open 60 bricks-and-mortar stores in China and tap into key opinion leaders in the region to reach new customers. Balazs Krizsanyik, general manager of Desigual in Asia.

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Inside Retail

APRIL 26, 2022

Here, Australia and New Zealand general manager Preet Bains discusses the brand’s omnichannel strategy, the sensory appeal of its unique stores and the key to maintaining the relevance of a legacy brand. . As a local step to support our global fragrance expansion, we introduced the Sensorium in our Aesop Sydney signature store.

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Inside Retail

JANUARY 12, 2022

BWX Limited has appointed Rory Gration as the Group’s new chief executive and managing director effective 1 March, 2022. The succession in leadership comes with an anticipation of strong revenue growth for the financial year of 2022. Dave Fenlon will remain as the Board’s non-executive director said.

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Inside Retail

NOVEMBER 29, 2023

Fast forward to November 2023, and THG has a market cap of US$1.31 billion in the 2022 financial year and is up 4.5 In September, THG secured key commercial partnerships with Australian beauty brands like Hairbearcare and Skin Virtue to manage their UK operations and international expansion. per cent year on year.

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Inside Retail

JUNE 30, 2023

Synonymous with traditional Malaysian culture, the brand is looking to cut through the crowded food and beverage market in Southeast Asia to reach a younger audience with its high-quality coffee blends, signature brewing techniques and Malaysian cuisine, including Nasi Lemak, Curry Laksa and Kaya toast.

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Inside Retail

NOVEMBER 14, 2023

Bath & Body Works will also be taking The Men’s Shop on the road, with a national tour scheduled to coincide with major sporting events in nine markets, and 14 tentpole stops with surprise mid-week stops planned along the route. earnings per diluted share to between US$2.85 and US$3.15. earnings per diluted share to between US$2.85

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Inside Retail

SEPTEMBER 20, 2022

Over the last 13 years, Japanese fashion brand Uniqlo has established a foothold of 26 stores in the ultra-competitive Singaporean market, and it is looking to grow even further with the opening of four new stores in the next six months and the continued expansion of its online to offline (O2O) strategy.

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Inside Retail

JANUARY 30, 2023

Skechers has selected actor Lawrence Wong as its Singapore brand ambassador for the second year running, in an ongoing effort to strengthen its appeal to a broad consumer demographic in the saturated market. She noted that culture and weather play a huge role in shaping the Singapore retail market. sale last year.

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Retail Focus

JANUARY 26, 2022

Akeneo , a global leader in Product Experience Management (PXM) solutions, today announced several key executive appointments to support its rapid expansion in the global marketplace. Collectively, the new appointees bring decades of industry expertise, and position Akeneo to bring its game-changing PXM offer to new markets in 2022.

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Inside Retail

FEBRUARY 25, 2024

Dr Vranjes Firenze’s launch in the Australian market last December through a partnership with David Jones could be a sign of further global expansion to come, following L’Occitane Group’s recent acquisition of the luxury Italian home fragrance brand. Italy, the Middle East and Japan are currently the three main markets for the brand.

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Inside Retail

NOVEMBER 23, 2023

In 1962 their manager Brian Epstein took a tape of the group to its in-store recording studio. Having liked what he heard, the studio manager started a chain of events which culminated in Epstein meeting George Martin, who became the Beatles’ producer. Its resurgence has mirrored that of the vinyl market.

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Inside Retail

JANUARY 6, 2022

Asia Pacific travel retailer Heinemann has named George Tsoukalas as the new managing director of Heinemann Australia. Tsoukalas has been with Heinemann Australia since 2019 and is currently head of marketing and category management. He will take up the role on January 17, 2022.

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Inside Retail

JUNE 29, 2023

The collapse of Milkrun underscores the challenge for startups in the competitive grocery market. It was the latest and most spectacular collapse of grocery home delivery businesses, following the demise of Send in May 2022, Voly in November 2022 and CoLab in April 2023. Another venture, Quicko, also failed in March 2022.

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Inside Retail

OCTOBER 16, 2023

India’s DTC retail landscape has been evolving rapidly, driven by factors like increasing internet penetration, a shift in consumer preferences towards online shopping, and the ascent of digital marketing. Industry experts predict significant further expansion in the DTC market in the years to come. What lies ahead?

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Inside Retail

AUGUST 3, 2023

As general manager of Reebok Pacific, Ashley Sampson is responsible for growing the footwear brand’s presence in Australia, New Zealand and beyond through store expansion, clinching major partnerships and nurturing the local team. IR: What does a typical day look like for you?

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Design Middleeast

NOVEMBER 7, 2023

He has served as the CEO of Daikin Türkiye since 2011 and in his expanded role, Hasan Onder will also assume the role of President of Daikin Middle East and Africa, covering a wide geographic scope as part of Daikin’s emerging markets expansion strategy.

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Inside Retail

JULY 5, 2023

Australian burger chain Grill’d recently opened its first drive-thru restaurant in Brisbane as part of a broader expansion strategy to service new markets and embrace new channels. Grill’d – which is positioned as a healthier option than fast-food – is tapping into the significant global drive-thru food market. per cent to 2030.

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Inside Retail

APRIL 22, 2024

In transaction volumes, the market experienced 10 per cent growth in 2023, outpacing the rate of new outlets opening, which remained at 3 per cent growth. In 2022, consumer habits started to shift in a massive way, with many tightening their purse strings and only spending on more novel experiences that benefited cafes and bars,” she noted.

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Inside Retail

APRIL 13, 2023

billion) on Australian beauty brand Aesop as it looks to take a bigger slice of the luxury organic skincare market. Aesop launched its first two standalone stores in China in 2022 , the first of which is located in Shanghai, and so far, they have been quite successful. L’Oreal recently dropped a staggering US$2.5 billion ($3.7

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Inside Retail

JUNE 12, 2023

billion) and was reported to have raised more than 240 billion won in operating profit in 2022. Having dominated the local beauty market, Olive Young is now setting its eyes on an overseas expansion and a new potential product category that could bring in over US$60.5

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Inside Retail

JANUARY 12, 2022

BWX Limited has appointed Rory Gration as the Group’s new chief executive and managing director effective 1 March, 2022. The succession in leadership comes with an anticipation of strong revenue growth for the financial year of 2022. Flora & Fauna owner BWX hires new CEO. Gration is an ideal CEO for BWX.

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Retail Focus

MARCH 7, 2023

Promenaden Management, the company behind Oslo’s luxury retail destination, has announced the opening of Lucid Motors’ first store in Scandinavia. of all new cars in 2022 from 65% in 2021, up from 2.9% This marks Lucid’s fourth store in Europe and its 33rd site worldwide. a decade ago.

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Retail Focus

JANUARY 13, 2022

Frasers Group plc today unveils plans to advance its investment into the Irish market, introducing FLANNELS into the Republic of Ireland for the very first time, with three new FLANNELS stores set to open across the country in FY23. FLANNELS Dublin is set to be the next flagship in the brand’s roll-out of trailblazing flagship stores.

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Inside Retail

DECEMBER 13, 2023

But even for the top-tier brands in the market, billion-dollar retail acquisitions tend not to happen quickly. As Liz Webster, a management consulting partner for Grant Thornton Australia, pointed out, it’s usually more of a slow burn. However, this could depend on Advent’s ability to ensure stability at the management level.

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Inside Retail

JUNE 22, 2022

In an effort to increase its foothold in the Southeast Asian market, Australian winery Penfolds has launched a set of pop-ups across Singapore, Thailand, Malaysia, Vietnam and Cambodia across June and July. Until 2020, China was the Australian wine industry’s largest market, making up over one third of the industry’s exports.

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Retail Focus

OCTOBER 19, 2023

It will initially open as an exclusive festive pop-up store with a retail space of 255 sqm and in Spring 2024 an expansion of an additional 176 sqm will follow to include Lush’s transformative Lush Spa. Sophie Watson, Lush Covent Garden Shop Manager :- “Covent Garden never misses the opportunity to put on a show.

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Inside Retail

FEBRUARY 19, 2023

We made a few mistakes” Wesfarmers has attributed the losses primarily to a miscalculation around customer demand after Covid-19 restrictions were lifted in 2022. Managing director Nati Harpaz resigned in April 2020, followed in September 2020 by the executive head of marketplace Kalman Polak, who is now CEO at MySale.

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Inside Retail

AUGUST 8, 2023

Its ability to manage that risk, and what the company did or didn’t reveal about the effect of that risk on its ability to turn a profit, are what has drawn the ire of investors. Revenue from financial services grew by 42 per cent in 2022 and accounts for more than 7 per cent of company revenue. million, compared with $80.5

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