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Accessories brand Zagg opens first Apac store, in Sydney

Inside Retail

Zagg, a global retailer of electronic device accessories, has opened its first store in Australia, marking the first step in an expansion strategy in the Apac region. Zagg is a global brand providing accessories and technologies that empower mobile lifestyles such as screen protection, power management solutions and mobile keyboards.

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Russia’s war eats into Levi Strauss’ top line

Inside Retail

Levi Strauss & Co reported a weaker top line for the first quarter of FY24, which was attributed to the impact of its Russia business as well as a shift in wholesale shipments. Asia’s net revenues were 5 per cent on top of the 22 per cent growth in the prior year, reflecting growth across most markets.

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Poshmark to exit Australia to focus on core markets

Inside Retail

The company said on its website that it plans to increase investment and “drive meaningful growth” in its core markets – the US and Canada. The Posh Credit for these markets will expire after October 25, while unshipped orders will be automatically cancelled on October 28. billion last year.

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Shein inks deal to design, distribute Forever 21 apparel line

Inside Retail

Online fashion retailer Shein has signed a strategic agreement with brand development platform Authentic Brands Group to design, manufacture and distribute a line of Forever 21 products. The line is said to leverage Shein’s on-demand production model, which helps reduce inventory waste.

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How two sisters created Francesca Jewellery from a Tasmanian market stall

Inside Retail

I worked alongside my sister Hannah for years at the Salamanca markets and learned the tricks of the trade from the age of 12. The concept of selling and marketing a product, and brand became second nature and a part of my identity. IR: What advice would you give someone who wants to get into your line of work?

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Kivari, born in a market, opens two more stores

Inside Retail

The brand has its roots in a local market in Burleigh. The brand is known for its patterns and contemporary details and it expanded its product lines last year that include swimwear, jewellery and knitwear. Australian fashion label Kivari has opened two new retail stores – at Bondi Junction and Burleigh Heads.

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‘Wowzers’: Abercrombie & Fitch posts stunning results in subdued market

Inside Retail

“This remains an outsized performance in a market that is tighter and more constrained than it has been for a long time,” Saunders commented. On the bottom line, the company swung from a net loss of $2.2 The post ‘Wowzers’: Abercrombie & Fitch posts stunning results in subdued market appeared first on Inside Retail Australia.

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