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‘Storm on the horizon’ for retailers amid economic pressures

Inside Retail

per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . Customers were spending more on clothing, footwear and personal accessories, department stores and cafes and restaurants in July 2022, compared to the 12 months prior, and consumer sentiment was also up, by 3.9

Consumer 246
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The Western retail rush: how India’s middle class is drawing iconic brands

Inside Retail

It’s all about growing the brand’s direct-to-consumer and omnichannel presence in the region. A changing mindset According to Jain, the consumer mindset in India has also undergone a profound evolution. billion direct-to-consumer shipments by 2030. According to the foundation, new-age logistics players are expected to deliver 2.5

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What’s behind the re-emergence of teen fashion brand Pavement?

Inside Retail

However, last month Designworks, the wholesale arm of Brand Collective, a leading house of lifestyle brands in Australia, announced that it was relaunching Pavement in the marketplace through the discount department store Big W. The brand and product hits the sweet spot that appeals to both parents and daughters.

Fashion 263
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Why short-term data alone won’t cut it for retailers in 2024

Inside Retail

And it gives perspective to the reactive nature of the short-term rollercoaster of monthly data. per cent, department stores up 3.6 per cent, clothing, footwear and personal accessories up 2.9 The Group pointed the finger at low consumer sentiment and a weak household savings rate. billion and $1.6

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Why watch brand Maxum is finally relaunching DTC after more than 20 years

Inside Retail

He was familiar with the industry since his parents founded Designa Accessories, one of Australia’s largest watch and jewellery distributors, in 1984. You would find it in a jeweller or a department store and to a smaller degree online. It was very successful.

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Larry Kestelman’s LK Group to ‘turbocharge’ Brand Collective

Inside Retail

“The journey that our business has been on with Anchorage Capital over the last six or so years is really one of turnaround and investment into our digital business and into our direct-to-consumer retail business,” Brown said. The transformation from a broken business to a really good business with great potential is now complete.

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Breaking down Black Friday 2023: Retailers share how it went

Inside Retail

per cent increase in the number of consumers that purchased from brands powered by Shopify, with Australians ranking fourth globally in total spend. This pattern of consumer behaviour is indicative of what you’ll see in the industry, [and] there’s an opportunity to bring forward bargains [and] purchases,” he said.

Shopping 246