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Mosaic plans 40 new mega stores after network cull spurs profit turnaround

Inside Retail

Mosaic Brands, the Australian apparel retail group, says it will open 40 new large-sized ‘mega stores’ this financial year as it transitions into what it describes as “a more ageless, value-driven, big-box retailer”. The plans were revealed along with the group’s annual result which saw a $33.5 million turnaround from a loss of $16.4

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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

In a call with analysts on March 12, Zwillinger stated that the company plans to close between 10 and 15 underperforming US stores in 2024, about a third of its total number. The post Can Allbirds make a comeback with a new CEO and transformation plan? million in 2022, or 56 per cent of total revenue.

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How a doctor turned a Twitter joke into a retro-inspired apparel brand

Inside Retail

But medicine has trained me to work well under pressure, and make plans on the fly. IR : Can you discuss your social media strategy? I don’t have a clearly defined strategy, because my thoughts on the best thing to do are continuously changing. Every few months, you need to go back to the drawing board and redo it.

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6 Areas you Need to Get Right in Your Footwear and Apparel Stores

Compliantia

This is particularly true for footwear and apparel retailers. Research cited by RetailDive indicates that consumer spending on goods like apparel, accessories, and footwear declined by 15.7% That’s why if you’re an apparel and footwear retailer, it’s more important than ever to craft a strong retail strategy and execute it flawlessly.

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Lululemon hits its stride in Asia amid ambitious global growth plans

Inside Retail

Demand for contemporary gym apparel and activewear is growing in the APAC region, and health is more important than ever before. Future growth strategy While Lululemon is headquartered in Canada, the APAC region is a strategic growth driver for the brand , and it continues to expand its store presence across the area. billion to US$12.5

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How major brands like Kmart and H&M plan to boost garment worker wages

Inside Retail

According to Miran Ali, managing director of Tarasima Apparel, one of Bangladesh’s major manufacturers, a major issue is the employer’s capacity to pay wages. It has also developed a responsible business exit strategy and procedures in accordance with the ACT Responsible Exit Policy and Checklist. “We Beyond wages.

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Viva China to take control of shoe label Clarks

Inside Retail

Hong Kong-listed Viva China, a major shareholder of Li Ning, is closer to taking control of British shoemaker Clarks after the company’s extraordinary general meeting approved the acquisition plan. The post Viva China to take control of shoe label Clarks appeared first on Inside Retail.

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