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Mosaic plans 40 new mega stores after network cull spurs profit turnaround

Inside Retail

Mosaic Brands, the Australian apparel retail group, says it will open 40 new large-sized ‘mega stores’ this financial year as it transitions into what it describes as “a more ageless, value-driven, big-box retailer”. The plans were revealed along with the group’s annual result which saw a $33.5 million turnaround from a loss of $16.4

Planning 241
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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

In a call with analysts on March 12, Zwillinger stated that the company plans to close between 10 and 15 underperforming US stores in 2024, about a third of its total number. The post Can Allbirds make a comeback with a new CEO and transformation plan? million in 2022, or 56 per cent of total revenue.

Planning 130
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6 Areas you Need to Get Right in Your Footwear and Apparel Stores

Compliantia

This is particularly true for footwear and apparel retailers. Research cited by RetailDive indicates that consumer spending on goods like apparel, accessories, and footwear declined by 15.7% That’s why it’s essential to carefully plan your merchandising efforts, so your displays look as aesthetically pleasing as possible.

Apparel 94
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How a doctor turned a Twitter joke into a retro-inspired apparel brand

Inside Retail

But medicine has trained me to work well under pressure, and make plans on the fly. IR : Can you discuss your social media strategy? I don’t have a clearly defined strategy, because my thoughts on the best thing to do are continuously changing. Every few months, you need to go back to the drawing board and redo it.

Apparel 130
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Analysis: Nike speeds up to enter the metaverse

Inside Retail

The most valuable apparel brand in the world has its sights set on being prepared for shoppers in online virtual environments. These trademarks will come into effect only when virtual apparel and accessories are in commercial use. There’s no metaverse yet, but when it comes, you can expect Nike to be there waiting.

Apparel 246
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Same prints, new look: Inside Laura Ashley’s fashion-forward comeback plan

Inside Retail

It plans to offer apparel, footwear and accessories and is currently seeking global partners with sourcing and design capabilities to licence the brand. Designer collaborations will be a key part of Gordon Brothers’ relaunch strategy.

Fashion 130
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How major brands like Kmart and H&M plan to boost garment worker wages

Inside Retail

According to Miran Ali, managing director of Tarasima Apparel, one of Bangladesh’s major manufacturers, a major issue is the employer’s capacity to pay wages. It has also developed a responsible business exit strategy and procedures in accordance with the ACT Responsible Exit Policy and Checklist. “We Beyond wages.

Planning 219