Inside Retail

FEBRUARY 8, 2024

Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. million and now account for 21.3

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Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Some of the brands have a history with Robinsons, while others are new to the department store. .

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Inside Retail

SEPTEMBER 5, 2022

In the UK, the business is already sold through a number of department stores and third-party retailers, but Seafolly’s new website will allow customers to buy directly from the brand. We’re seeing significant growth in Singapore through our website and four Seafolly concept stores.

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Inside Retail

OCTOBER 26, 2023

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. But while these initiatives sound promising, the question remains: can the department store chain truly adapt to the needs of the modern-day consumer?

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Inside Retail

JANUARY 6, 2022

Authentic Brands owns over 30 brands including Forever 21, Van Heusen and Volcom, and holds a retail portfolio spanning the luxury, specialty, and department store spaces. The post Authentic Brands forfeits IPO plan after private deal appeared first on Inside Retail.

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Inside Retail

JANUARY 21, 2024

Customer experience is almost as important to consumers as the product itself, and the experience of buying a luxury item directly from the designer is an area in which luxury brands are constantly investing. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. billion in 2024.

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Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. The closures are a part of the retailer’s plan “to create a more modern Macy’s, Inc. per cent of its workforce. In December, Macy’s received a $5.8

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Inside Retail

SEPTEMBER 16, 2021

Myer’s online sales have more than doubled since John King took over running the department store in 2018, and the CEO believes they can double again to reach $1 billion in the not-too-distant future. But while online sales boomed in FY21, Myer’s in-store sales suffered from forced closures during lockdown. Myer reported $539.5

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Inside Retail

DECEMBER 20, 2022

A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. We’ve seen a general consumer trend away from department stores.”.

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Retail Times

AUGUST 20, 2021

Amazon's plans to open several department-style stores across the US, offering consumers the chance to physically shop for clothing, household items, electronics, and other popular goods, will send ripples through the retail sector, says software specialist VAI.

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Inside Retail

FEBRUARY 1, 2024

The high perfumery now has six global flagships with plans to open another four locations within the APAC region over the next 12 months. The stronghold that department stores have on the market share meant that partnering with department stores and the right ones was essential for the success of the brand’s Australian expansion. “By

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Inside Retail

FEBRUARY 25, 2024

L’Occitane purchased Dr Vranjes Firenze in January this year for a reported US$164 million, or approximately 12 times its core earnings, from Bluegum Capital Partners, a European private equity fund that specialises in consumer brands. Its work with premium Australian department store chain David Jones is an example of this.

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Inside Retail

NOVEMBER 2, 2023

Despite the efforts that go into planning, maintaining and marketing local shopping areas, the people who use these places are often not consulted about what they actually want and need on their main street. We wanted to find out what consumers see as their ideal local shopping street. What are the key shops and services?

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Inside Retail

AUGUST 11, 2022

Department store giant David Jones unveiled the latest Spring/Summer collections this week in its Elizabeth Street flagship in Sydney. The runway featured local and international brands such as Aje, Camilla and Marc, Hugo Boss, P.E. Nation, Carla Zampatti, Matteau, Balmain, Balenciaga and Alexander McQueen.

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Inside Retail

NOVEMBER 8, 2022

And it supplies to department stores, such as David Jones, Myer, Kmart and Big W. According to Norton, Designwoks plans to expand in four key areas. We have a Coles business and a volume department store business, and because they have FMCG offerings, it meant that they were open a lot of the lockdown,” she said. “We

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Inside Retail

MAY 24, 2021

The suite of treatments available at the third Clarins Open Spa are designed to offer pampering and relaxation to time-poor consumers. Korean department stores diversify into food delivery services. South Korean supermarket chain E-mart has announced plans to exit Vietnam, according to The Korea Times.

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Inside Retail

DECEMBER 11, 2023

Since the retailer’s establishment in 1858, Macy’s has become one of the most well-known department stores in the US, if not the world. Like many retailers, both in the US and internationally, Macy’s has been impacted by the decline in consumer interest in shopping in traditional department stores amidst the rise of online shopping.

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Inside Retail

JUNE 29, 2022

Understanding the Chinese consumer. From Chiu’s perspective, Chinese consumers have always been on the lookout for luxurious experiences with international brands. As a British lifestyle brand, we want to be authentic but more importantly, relevant to Chinese consumers. I am a strong believer in online-to-offline experiences.

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Inside Retail

JUNE 30, 2021

From using non-toxic paint in stores to digitising documents to avoid paper waste, more businesses are taking steps to make their physical operations more sustainable. That includes the Japanese department store chain Takashimaya. Takashimaya opened its first store in Kyoto, Japan, in 1831, selling gofuku (formal kimono).

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Inside Retail

SEPTEMBER 26, 2021

For the past few weeks, reports tha t Amazon is planning to open mini-department stores in the US have been making headlines and capturing industry attention, despite the lack of details and comment from the e-commerce giant. . Replicating the online experience in-store. In China, it’s all quite new.

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Inside Retail

APRIL 17, 2023

All that combines to shift the mindset of consumers to what we call ‘mindful consumption’. Last month, the department store reported its highest interim profit since 2014. And you’ll need a pre-planned mechanism to achieve that. And we predict the influence of the mindful consumer will last for a long period of time.

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Inside Retail

APRIL 12, 2023

The country’s growing economy and expanding middle class have created a favourable environment for global brands to set up shop and tap into a new consumer base. billion Direct-to-Consumer (D2C) shipments by 2030. In recent years, India has emerged as a major market for luxury brands.

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Inside Retail

DECEMBER 14, 2022

Both brands were able to maintain their wholesale relationships, with Bardot seeing a different type of consumer on its websites, compared to in-store, prior to the closure of its 72 stores in 2019. We’re looking to expand [Bardot Junior] through these department stores, [as well as] through our digital channels,” he said.

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Inside Retail

JANUARY 15, 2023

Anchorage struck gold with the $20 million acquisition of the Dick Smith consumer electronics chain from Woolworths Group in November 2012. Woolworths had written off more than $420 million restructuring the business, which was Australia’s largest consumer electronics chain by store count. No more balance sheet shuffle .

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Inside Retail

OCTOBER 31, 2023

However, last month Designworks, the wholesale arm of Brand Collective, a leading house of lifestyle brands in Australia, announced that it was relaunching Pavement in the marketplace through the discount department store Big W. Are there plans for expansion beyond this partnership?

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Retail Focus

MAY 16, 2022

Yvonne Foley, Senior Direct Retail Manager said: “ Dyson operates more than 300 Dyson stores worldwide, and our Dyson Demo store at the world’s leading luxury department store, Harrods will add to our growth plans for the future.

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Inside Retail

OCTOBER 14, 2021

JM: I definitely didn’t have a grand career master plan. What I enjoy doing is identifying what’s unique about a business almost irrespective of the category, and working out how we can own that USP and make it best-in-class for the consumer. PZ: Were you naturally an ambitious person?

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Inside Retail

NOVEMBER 16, 2022

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. He raised prices, limited distribution to its own shops and high-end department stores and cut discounting.

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Inside Retail

AUGUST 29, 2023

Research by Glow shows consumers expect retailers to lean in, both to address environmental challenges and to act as good corporate citizens. In Australia, Glow has found one in four consumers have switched retailers based on sustainability concerns. In contrast, department stores and fashion retailers, with notable exceptions (e.g.,

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Barber Design

OCTOBER 6, 2016

Following on from our post about organic skincare brand, Neal’s Yard Remedies – it looks as if the iconic retailers are onto a winner as the latest retail trends suggest that health and beauty is a growing area of focus for many retailers – including major department stores John Lewis , Debenhams and Harvey Nichols.

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Inside Retail

MARCH 10, 2022

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. Loyalty is king.

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Inside Retail

MAY 18, 2021

Australian discount department store business Best & Less plans to raise about $72.3 Best & Less is forecasting a 6 per cent increase in revenue this year to $676 million, despite some forced store closures due to Covid-19. million through an initial public offering at $2.15

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Retail Focus

APRIL 11, 2023

Alexandra Miller, Founder of EL&N Café, was equally excited about the new venture, stating that “opening a space in a renowned destination like Bullring is reminiscent of my goal to provide consumers with a memory that could last forever.”

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Inside Retail

JUNE 7, 2021

Since March, David Jones has closed three of its food stores and in recent weeks, it announced that it was ending its partnership with convenience chain BP. Bagattini said the business is centred around offering a premium food proposition with consumer trust and product quality key pillars of the business. “We Future of premium food.

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Inside Retail

JANUARY 23, 2022

The first store will open later this year at The Americana at Brand, a shopping centre in Los Angeles, and reportedly be around 30,000 square feet – much smaller than a typical department store, which is around 100,000 square feet. Amazon has not shared the names of any labels that it plans to carry in the store. “It

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Inside Retail

MARCH 8, 2023

But he believes that the company’s impressive sales growth is set to continue as it emphasises the initiatives that underline its ‘Customer First Plan.’ They include the refurbishment of its store network, the rollout of its national distribution centre , and the relaunch of Country Road Group in July this year. per cent to almost $1.85

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Inside Retail

AUGUST 3, 2022

The discount department store has just launched its first range of DIY products, including wallpaper, flooring, curtains, blinds, furniture paint and adhesive tiles, with the aim of making it easier than ever for customers to hack its products. Now, the retailer is getting in on the action.

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