Inside Retail

MARCH 7, 2024

billion apparel industry in Australia. Despite a slight dip in 2020, the global apparel market is set to grow to about US$2 trillion by 2028, from US$1.79 Locally, women’s apparel represents the largest segment with an estimated market volume of US$11.86 billion; the men’s apparel market is about half of that, worth US$6.35

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Inside Retail

MAY 5, 2021

“Over the past few years, we’ve been focused on meeting consumers where they are already spending their time, such as the expansion of Disney store shop-in-shops around the world,” said Stephanie Young, president of Disney’s Consumer Products Games and Publishing. “We A good move for Disney? I think it is a good move for Disney.

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Inside Retail

OCTOBER 26, 2021

With brands increasingly engaging in social change campaigns and leveraging their influence to be “purpose-led”, the time has come to ask a couple of big questions: is this a viable strategy, and how sceptical should we be of so-called “ brand activism ”? Read the original article. appeared first on Inside Retail.

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Inside Retail

MAY 19, 2023

The store will feature an in-store area for consumers to trial products, including a basketball hoop, hitting wall and on-site racquet stringing. Time is a currency, so consumer time well spent in an interactive, engaging, experiential environment is critical,” he added. So this is great on all levels,” he stated.

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Inside Retail

OCTOBER 11, 2023

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. The history and growth of DTC In the 2010s, early digital-native vertical brands (DNVB) such as Warby Parker and Glossier gained a lot of attention for their use of technology to reach consumers online.

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Inside Retail

JULY 24, 2023

New Balance recently revealed a new retail concept store at Paragon Shopping Centre in Singapore centred on experience and carrying a curated selection of footwear and apparel that caters to athletes and fashion enthusiasts. The open concept creates a space where consumers can shop cross-category to match their personal style.

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Inside Retail

DECEMBER 6, 2023

Sportscraft isn’t the only Australian retailer adding to its product offering, pureplay online retailer Surfstich recently broadened its horizon away from the shoreline to diversify into snow, skate, outdoor, activewear and street style apparel. Globally, the swimwear market was valued at US$19.79 billion by 2030.

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Inside Retail

JULY 25, 2023

According to Wesfarmers, the move is part of a strategy to reduce costs and pass on more value to customers. The price cuts cover product lines including homewares, beauty, toys, entertainment, kids apparel and more, and are reported to be implemented on a permanent, rather than temporary, basis.

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Retail Focus

NOVEMBER 28, 2022

Grosvenor has announced that exclusive footwear and apparel supplier, size?, The experiential nature of the store aligns well with increasing consumer demand for 360-degree shopping opportunities and highlights our commitment to adapting our leasing strategy in line with evolving trends. Spanning two floors, size? is about.”.

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Inside Retail

JUNE 1, 2023

Growing consumer expectations of free delivery and free returns are placing pressure on retailers who on one hand recognise customer demand, but on the other are trying to reduce their operating costs. Retailers faced with rising delivery costs driven by shippers can implement several strategies to mitigate the problem, said Pope.

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Inside Retail

JANUARY 15, 2023

It’s the latest apparel company to set up a virtual environment on the platform where players can style their avatar and run or scoot around Loooptopia districts collecting tokens. . This in-game action is a subtle reference to the environmental impact of textile waste globally and to change consumer behaviour, we need to learn new habits.

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Inside Retail

MAY 22, 2022

The design process leading up to the 2023 Resort range and post-runway show engagement was vastly different, proving Daniel Avakian is steadfastly changing the system. “To This has become a highly valuable strategy for London Fashion Week, as it offers more relevant channels for engagement and increased connection beyond runway shows.

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Inside Retail

JANUARY 5, 2024

New Balance recently signed a three-year deal as the official performance apparel and footwear provider of the Australian Open and United Cup. This means the brand will have a retail presence at the Grand Slam Oval and a custom AO co-branded line of apparel. Old sport, New Balance approach.

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Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.

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Inside Retail

NOVEMBER 21, 2023

But smart retailers know that creating memorable, personalised interactions can foster long-term customer loyalty by building genuine engaged relationships with customers. The first send went to a highly engaged segment: people who had actively browsed our site or opened more than three emails in the past 180 days,” he says.

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Inside Retail

MAY 11, 2023

But given the economic headwinds for middle Australian consumers, you could argue every retailer has the same objective right now, especially those selling apparel. Pricing, branding and product Right now, B&L has high-low pricing – a pricing strategy that relies on sale promotions – versus Kmart’s everyday low prices.

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Parcel Pending

SEPTEMBER 30, 2021

Consumer data clearly backs up this strategy: 84% of consumers say they’re more apt to stick with a brand that offers a loyalty program 2. And 66% of consumers say the abi lity to earn customer rewards actually changes their spending behavior 3. Cements Loyalty – A loyalty program is a crucial customer retention strategy.

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Inside Retail

JANUARY 29, 2023

The Tommy Hilfiger seller page on Depop provides the brand a channel to sell Tommy Hilfiger clothing from its consumer take-back scheme, as well as partially damaged clothing from retail stores, e-commerce and wholesale partners. This strategy shows that a stand-alone take-back scheme is not enough.

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Inside Retail

MAY 5, 2022

Hugo Boss has recorded a 17-per-cent increase in first-quarter sales over pre-pandemic levels, reflecting what one analyst describes as a “well-executed rebranding strategy”. This enabled the group to grow its operating profit by $41.4 The post Hugo Boss thrives as it successfully connects with Gen Z appeared first on Inside Retail.

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Inside Retail

AUGUST 1, 2023

As cost of living pressures continue to rise, a large proportion of their consumer base is pulling back on non-essential items to ensure they can afford to pay bills and other essentials. More and more, consumers are looking for an alternative to cheap, sugary chocolate from the supermarket.

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Inside Retail

AUGUST 22, 2023

Meeting the needs of female athletes Absorbent apparel brand Modibodi has a strong track record of engaging in partnerships and collaborations with the aim of promoting participation and engagement in women’s sport. Lorenzato added that the retail industry has a significant role to play in driving engagement in women’s sport. “As

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Inside Retail

AUGUST 21, 2022

Here, she discusses her strategies behind Oroton’s current era, the balance between physical and digital in an omnichannel offering and her thoughts on diversity and inclusion. Apparel gave us that freshness and that frequency of thought with the consumers. If you want to show up as a consumer business, that is omni.

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Inside Retail

APRIL 6, 2023

As traditional bricks-and-mortar stores face new challenges and e-commerce continues to grow, retailers are looking for innovative ways to reach consumers and provide engaging shopping experiences. technology presents an entirely new way of interacting online, consumer experiences and a shift toward a democratised and traceable future.

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E Delevry

DECEMBER 12, 2023

The fate of the traditional high street remains uncertain in hardened economic times, with consumer shopping habits continuing to turn to ecommerce as a means of purchasing both necessary and luxury items. With more choice comes more expectations of engaging with a product in the same way both digitally and physically.

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Inside Retail

MAY 5, 2021

Fast forward four years and it’s undergone a major turnaround with a fresh re-brand, a successful apparel offering and international growth on the horizon. One of the big things that we did was diversify into apparel, which has now had two years in the business. But there have been no sacred cows. We’ve had Covid-19 amongst this, too.

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Inside Retail

APRIL 22, 2021

As the world’s most valuable apparel brand, Nike dominates in clothing, sneakers and culture, from high quality performance wear for elite athletes to limited release sneakers that people line up for overnight. And like Apple, Nike’s access to global data and consumer insights informs its strategies.

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Inside Retail

MARCH 27, 2024

Prior to joining the c-suite Fraser started her distinguished career in luxury retail apparel and fashion as a merchandising manager for Calvin Klein. Are there any new handbag pillars or design elements that consumers can look forward to? IR : Sustainability has become increasingly important to consumers.

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Inside Retail

SEPTEMBER 6, 2023

The latest CommBank IQ data shows that people under 35 they have decreased their discretionary spending on apparel by 8.4 Sustainability, but at a price Macro trends pull and push consumers when it comes to how they spend their hard-earned money. But a new consumer dilemma is looming. per cent and on retail services by 0.6

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Inside Retail

JULY 19, 2021

In this interview, Cortini talks about the changes in consumer spending during Covid and the innovation that will drive Zalora’s success in this region in the years ahead. That is very aligned with our vision to create a platform that connects consumers in Southeast Asia to the limitless world of fashion and lifestyle.

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Inside Retail

JANUARY 10, 2023

Consumers are paying more attention to sustainable fashion now than ever before. Buying sustainable fashion doesn’t mean consumers should go hell-bent into the shops, because there’s still huge [environmental] impact that comes with that piece of clothing,” she tells Inside Retail. No one understands what it means.

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VMS

JANUARY 14, 2022

Otto is the first woman to hold the Global Brand President role at the outdoor apparel retailer. Nicole is a proven innovator and future-focused leader who will further strengthen The North Face brand’s exceptional global executive team. We’re excited to welcome her to the VF family.”.

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Inside Retail

APRIL 25, 2022

In addition to providing a cold wallet to protect prized NFTs, HN NFT Vault will offer customers and other collectors the ability to create and purchase apparel based on their NFTs, and bring their digital art pieces to life. Have you considered your crypto business strategy yet?

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Inside Retail

JULY 26, 2021

This strategy maximizes time spend, allowing browsing and discovering products and deals before and during their stay. The perimeters between CRM and social community have blurred, and sales of products are now being directed by an army of KOCs (key opinion consumers). The ‘C’ in CRM is for ‘community’, not ‘customer’.

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VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. percent), apparel (12.2 Retailers must rethink returns as a key part of their business strategy,” said Steve Prebble, CEO of Appriss Retail.

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VMS

JANUARY 25, 2022

(PRESS RELEASE) Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. percent), apparel (12.2 This accounts for an average of 16.6 percent of total U.S. percent), cash (12.69 percent growth.

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Greater Group

JANUARY 4, 2022

What should retailers be doing differently to continue capturing consumers’ attention? Despite the convenience of e-commerce, the unique engagement that accompanies in-store shopping cannot be replicated online. How did the retail industry change this year? How are shoppers’ expectations and behaviours evolving? Warby Parker.

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Inside Retail

FEBRUARY 22, 2023

Heritage and luxury brands such as Burberry, Gucci, and Tommy Hilfiger have sought new channels to engage a youthful audience. During the pandemic, direct-to-consumer e-commerce brands took centre stage, including popular Australian activewear brand LSKD. And Nike and Adidas entered the metaverse at full speed.

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