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Australian retail sales are looking strong

Inside Retail

Australian retail sales reached a record high in the last three months of 2021. The fourth quarter sales data from the Australian Bureau of Statistics (ABS) showed an 8.2 per cent increase in sales. The gains were led by clothing, footwear, and personal accessories, which soared by 43.1 per cent. . billion ($23.99

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“Makes sense on paper”: Premier backs spinoff, but analysts have doubts

Inside Retail

Solomon Lew’s plan to spin off Premier Retail into individual business units, announced in August, appears to be moving full steam ahead, as kids’ stationery brand Smiggle and sleepwear brand Peter Alexander investigate potential international expansions. We’ve got businesses in Singapore, and Thailand.

Expansion 259
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Here’s an in-depth look at the major retail sales events in Southeast Asia

Inside Retail

According to a recent report by Bain & Co and Meta, GDP growth and inflation in Southeast Asia are projected to perform better than other markets, such as the US and EU. With shoppers often buying sweets, custom-made apparel, accessories and jewellery, White Day offers e-commerce platforms a huge opportunity to fulfil consumers’ needs.

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How US Polo Assn blends sport and retail to drive billions in global sales

Inside Retail

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4

Strategy 147
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Mukesh Valiram talks gamification and growth opportunities for MLB in Asia

Inside Retail

He went on to say that given MLB’s success in South Korea, China and Hong Kong, it is a natural progression for the business to explore other markets in the Southeast region. MLB offers a wide variety of categories from shoes, bags, apparels to accessories. So yes, we believe the brand will be very well received in Malaysia,” he said.

Fashion 130
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No one will escape: Industry leaders on navigating the retail recession

Inside Retail

This, he said, is covering up volume decreases for retailers. Many retailers aren’t keeping up with the inflation rate and seeing negative growth. Success] will be very much about stealing market share from competitors,” Brookes said. It’s fair to say that no one will escape this dilemma,” he said.

Consumer 246
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Why Asia’s landlords face a plodding recovery

Inside Retail

The first is the perennial issue of whether or not the various markets can absorb the new space becoming available as developers open the doors of their newest projects. When retailers are at their most cautious with regards to expansion, they usually focus on snaring prime locations at a discount. Who benefits and who doesn’t?