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Generative AI is supercharging retail, what does this mean for consumers?

Inside Retail

Today’s consumers are craving a truly unique shopping experience. We are only at the beginning, and as brands begin to scale their AI utilisation, its full spectrum of benefits for consumers and retailers alike will be uncovered. The post Generative AI is supercharging retail, what does this mean for consumers?

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Guess posts flat revenue amid lower consumer confidence

Inside Retail

Carlos Alberini, CEO of Guess, said the results were in line with the company’s guidance. We are navigating through an uncertain shopping environment in many parts of the world impacted by geopolitical issues and lower consumer confidence,” Alberini remarked.

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Tapestry’s sales flatline as consumers curtail spending

Inside Retail

Neil Saunders, MD of GlobalData, said the flat outcome is not too bad amid the slowdown in the luxury market, but gives the impression that the group is running out of steam as consumers start to curtail spending. The post Tapestry’s sales flatline as consumers curtail spending appeared first on Inside Retail Australia.

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NEXT in line at Sterling Mills as Affinity Outlets signs 14,000 sq ft of new Retail

Retail Focus

It will become the latest major retailer to join the line-up of fashion, beauty, leisurewear, outdoor apparel and homewares brands, including Nike, Adidas, Regatta, Trespass and Beauty Outlet. The post NEXT in line at Sterling Mills as Affinity Outlets signs 14,000 sq ft of new Retail appeared first on Retail Focus - Retail Design.

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“At the starting line”: Building relationships and loyalty over Ramadan

Inside Retail

While certain retailers are identifying the commercial opportunities associated with the month of Ramadan, an expert suggests that Australian retailers are still “at the starting line” when it comes to authentic engagement with the Muslim community. Everyone is at the starting line,” she said.

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Australian toy distributor Big Balloon bought by US peer

Inside Retail

“Jazwares Australia will have a major impact on the toy industry in the long-term, with the team’s laser focus on Jazwares’ brands and business, adding value to all retail partners and consumers,” Zebersky added. Big Balloon co-founder Chris Loverso will serve as MD of Jazwares Australia, and his team will also join the Jazwares family. “As

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Step One launches new innerwear line for women in Australia

Inside Retail

Digitally-native apparel brand Step One Clothing has launched a women’s innerwear line in Australia and the UK. With women making up over 40 per-cent of the brand’s customer base, the direct-to-consumer retailer opted to create a range especially for women, who were previously buying menswear for their own use.

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