Wed.Aug 18, 2021

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Behind the breakup of Adidas and Reebok

Inside Retail

Fifteen years after sportswear giant Adidas pinned its hopes on a Reebok acquisition to arm the company in its battle against arch rival Nike, the two brands are parting ways. Authentic Brands Group (ABG) purchased Reebok last week for US$2.5 billion; US$1.3 billion less than Adidas paid for it back in 2006. While Adidas CEO Kasper Rorsted’s valiant efforts helped Reebok return to profitability in recent years, it couldn’t perform at the level expected at Adidas.

Apparel 246
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Valentino Beauty Boutique opens in Hong Kong

Retail Focus

The world’s first Valentino Beauty Boutique has launched in Harbour City as part of the brand’s expansion plan in Asia. Maison Valentino speaks in red – a colour that is a language and that demonstrates its identity. A multifaceted shade, red accentuates an embracing selection of possibilities. Timeless, bold and fine. It also speaks volumes for the brand’s two new distinct identities: sustainability and Offline plus Online (O+O) retail strategy.

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The Reject Shop profit jumps 643 per cent as restructure moves past ‘reset’

Inside Retail

Discount department store The Reject Shop’s full year results tell an interesting story – one of business suffering under the impact of the Covid-19 lockdown, but also one of a strong reset to an ailing business model. Total sales in the chain fell 5.1 per cent over the course of FY21 to $778.7 million, as lockdowns around the country caused shoppers to avoid public spaces, with many of the businesses stores located in shopping centres and CBD locations: areas hit particularly hard by movement r

Shopping 246
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McLaren Automotive prepares for 100th global retail opening

Retail Focus

Ten years after opening the doors of its first global retailer in London, British luxury supercar manufacturer McLaren Automotive announces that its 100 th retailer is set to open in China later this year. McLaren Automotive’s first retailer opened in the summer of 2011 and allowed customers and fans to discover the company’s first supercar, the 12C.

Expansion 147
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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Barbeques Galore launching third-party outdoor marketplace

Inside Retail

Barbeques Galore is looking to expand its range to areas outside of its traditional lineup through an upcoming third-party marketplace offering, bringing tableware, outdoor products, rugs, lighting, toys and yard games to the table: while driving online sales by a predicted 300 per cent. The business will do so through a partnership with digital commerce agency Amblique and tech platform Marketplacer which will allow Barbeques Galore to “onboard new suppliers, scale its range quickly, and provid

Outdoor 246
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Nisa charity launches clothes banks

Talking Retail

Making a Difference Locally, the charity fund set up by wholesaler Nisa, has launched a new initiative to help retailers raise more funds for local good causes in the form of branded clothing banks. Charity clothes banks are now available for Nisa retailers to order, following a successful trial that began earlier this year. The. This story continues at Nisa charity launches clothes banks.

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Contactless set to become UK’s most-popular payment method

Talking Retail

Contactless payments are set to become Britain’s most-popular spending method by the end of next year, accounting for 47% of all retail purchases, says a report by VoucherCodes.co.uk and the Centre for Retail Research. Contactless payments are up by nearly a third (30%) since the start of the pandemic, it found. Pre-pandemic, only 17% of. This story continues at Contactless set to become UK’s most-popular payment method.

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Why this Nigerian woman is making K-beauty accessible to people of colour

Inside Retail

The surge of consumption of Korean beauty products has made K-beauty not only popular in its most prominent market, Asia Pacific, but also the rest of the world. The K-beauty market is projected to reach $13.9 billion by 2027, with a compound annual growth rate of 9.0 per cent from 2021 to 2027, according to a study conducted by Allied Market Research.

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Nisa store in Aberdeenshire changes hands after 67 years as Eros Retail expands Greens fascia

Talking Retail

An independent store in Peterhead, Aberdeenshire, has changed hands after 67 years to become the latest outlet owned by Nisa partner Eros Retail. Neish Supermarket (Nisa Local) on Clerkhill Road had been owned and operated by the Neish and Anderson families since opening in 1954. It has now been bought by Eros Retail, which will. This story continues at Nisa store in Aberdeenshire changes hands after 67 years as Eros Retail expands Greens fascia.

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China, digital and brand collabs: Here’s what’s next for Papinelle

Inside Retail

If the Covid-19 pandemic had to happen, it couldn’t have come at a better time for Australian sleepwear brand Papinelle. . Founded by Renae James in 2003, Papinelle sells pyjamas and loungewear made out of natural fibres, such as organic cotton and silk, through a handful of its own stores in Australia and New Zealand and wholesale partnerships with Nordstrom and Dillard’s in the US.

Boutique 130
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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Target’s 8.9 Percent Comparable Sales Growth Attributed to ‘Traffic’

VMS

Target (Minneapolis) has released its second quarter earnings, according to a company press release. The mass merchant revealed its second quarter comparable sales grew by 8.9 percent, which they say was driven entirely by customer traffic. Store comparable sales also saw growth by 8.7 percent and digital comparable sales grew by 10 percent. Digital sales have been continuing to increase, the company says, due to its same-day services like order pick-up/drive-up and Shipt.

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Samsonite strikes a positive note as Covid wreaks havoc on sales

Inside Retail

Covid’s ongoing impact on global travel continues to impact travel-retail brand Samsonite which has recorded a loss attributable to shareholders of US$142.5 million for the first half year. However, the loss is a sharp improvement against the same period a year ago when the company posted a $974 million deficit. In a results filing with the Hong Kong stock exchange, Samsonite said widespread cross-border travel restrictions, the closure of retail stores and ongoing, significant reductions in tra

Expansion 130
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Pearlfisher’s “humanising” visual identity for fitness brand Body20

Design Week

Design studio Pearlfisher has created the identity for fitness brand Body20, with visuals that aim to “humanise” the company’s technology and services. The new work includes a wordmark, motion typography, art direction as well as packaging. Body20 comprises an electro-muscle stimulation suit (which has been approved by the U.S. Food and Drug Administration) which co-ordinates muscle vibrations with a personalised exercise programme.

Art 117
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The dangers of workplace overwhelm and how to avoid it

Inside Retail

Ever feel like you’re ‘drowning in it’? When everything is too much, and you don’t have the time, space or mental energy for all that’s happening? Some people say their overwhelm appears out of the blue. Others say it creeps up; they can feel it approaching and do whatever they can to keep it away. And others, don’t have much overwhelm at all – although the people in their lives might be the ones who are bottling up all the pressure, and keeping things under control.

Balance 130
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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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Rekorderlig back on TV with latest campaign

Talking Retail

Molson Coors has kicked off a campaign for its Rekorderlig cider brand, featuring its first TV advert in four years. The “Beautifully Swedish” campaign aims to drive brand awareness among 20- to 34-year-olds in city centres across the UK. The advert features Rekorderlig’s core range, including Strawberry-Lime cider, Wild Berries cider, Passionfruit cider, Mango-Raspberry cider.

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Accent Group hit fourth year of record profit, chart overseas expansion

Inside Retail

Accent Group’s recent spate of acquisitions has done little to dampen a strong FY21 result, with the footwear giant delivering earnings growth despite spending millions on picking up new brands, and marking the group’s fourth consecutive year of record profits. Sales across the group’s network of businesses, which now include Hype, Platypus, Subtype, Athlete’s Foot, The Trybe, Crèmm, and Pivot, as well as relative newcomers 4Workers , Stylerunner , Next Athleisure and Glue Store , hit $1.14 bill

Expansion 130
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Tiger Tiger rolls out dipping sauce range

Talking Retail

East Asian food brand Tiger Tiger has launched a range of dipping sauces to help retailers “capitalise on growing consumer demand for ‘taste adventures’”. The range consists of three flavours – Sriracha Hot Chilli Sauce, Sriracha Mayo and Thai Sweet Chilli Sauce – available in 455ml squeezy bottles. The Thai Sweet Chilli Sauce is also. This story continues at Tiger Tiger rolls out dipping sauce range.

Consumer 111
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NZ Fashion Week postponed in light of Level 4 lockdown

Inside Retail

The organisers of New Zealand Fashion Week are considering options for a new date after the last-minute postponement of the event which was to have begun within days. Founder and MD of NZFW, Dame Pieter Stewart, described the 11th-hour decision as disappointing but in part, predictable. The entire country was placed in strict Level 4 lockdown from midnight Tuesday after it was discovered a 58-year-old man from Devonport on Auckland’s North Shore had tested positive for the highly contagious Delt

Light 130
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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

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IRDC 2021: Engaging Your Community via Purpose-Driven Design

VMS

Breakout Session: Purpose-Driven Design for Community-Based Projects. The events of the past year have given retailers an unprecedented opportunity to reflect on some important questions: How much does your store or brand reflect your purpose and values? What role do you play in your community…and what role should you play? Given the tremendous impact of both the global pandemic and social unrest, what impact and ROI should you be looking to achieve in your retail design projects?

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Analysis: Inside the murky business of skin whitening

Inside Retail

June 2020 marked a major turning point for some of the world’s biggest beauty brands. After years of growing criticism about the sale of skin-whitening products in Asia and overt advertising campaigns equating lighter skin with greater beauty and desirability, global companies finally started to change their offerings. Over the course of a few days, Johnson & Johnson announced it would pull its Neutrogena Fine Fairness and Clear Fairness by Clean & Clear product lines from shelves in the

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Old Navy to Offer Inclusive Sizing

VMS

Old Navy (San Francisco) announced the launch of its “Bodequality” effort, according to a company press release. This means starting August 20, the retailer will begin offering sizes 0-30 and XS-4X for all women’s styles without price differences. The aim is to provide more inclusive sizing for women’s styles across the brand’s stores and online. In store, there will not be special sections for different sizes, all apparel will be merchandised together.

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From textile waste to acoustic panels—BAUX upcycles polyester and creates sound insulation

Design Wanted

Industrial design studio Form Us With Love, and their venture BAUX takes textile offcuts and gives them a second life as a commercial acoustic solution. “Designing the sustainable acoustic building materials for tomorrow means producing environmentally friendly materials today,” explains Fredrik Franzon, head of product and founding partner at BAUX—a venture of Swedish industrial design studio Form Us With Love.

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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.

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New York City Sued by Restaurants for Vaccine Mandate

VMS

The City of New York and Major Bill de Blasio are being sued by The Independent Restaurant Owners Association Rescue, Pasticceria Rocco, DeLuca’s Italian Restaurant and Max’s Esca, as well as two gyms – Staten Island Judo Jujitsu and Evolve-33 – due to the new executive order requiring vaccination proof for customers to engage in certain indoor activities in New York City, CNBC reports.

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Delivering a Retail Experience in an Unexpected Places: Funeral Homes

Instore Design

We often think of buying retail items in big box stores, small boutiques, specialty stores, and shopping malls, but more and more retail is happening in unexpected places like exercise studios and even funeral homes. Eterneva , a company that celebrates remarkable people and pets by turning their ashes or hair into diamonds, engaged Team IDD to develop a display that could tell the company's story as part of the funeral decision-making process.

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Ten Locks backs tasty AF craft canned cocktail brand Ace+Freak

Retail Times

Ace+Freak will join the Ten Locks portfolio from now in a move that marks its entry into the booming RTD sector and strengthens the company’s portfolio of brands working hard to drive positive change.

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5 Ways To Engage Attendees At Your Trade Shows

Trade Group

Given that four out of every five participants are current or future consumers for exhibitors, trade show displays provide an opportunity to develop or strengthen relationships, increasing a company’s chances of success. You’ve set aside time to exhibit your product or service at a significant upcoming trade event. It’s something that might have a substantial influence on your business because you know there will be hundreds, if not thousands, of potential customers, suppliers,

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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio

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£21bn UK student economy is good news for retail + hospitality, reveals new report

Retail Times

New figures released today unveil the surprising value of the UK student market. Uncovered by Student Beans, the online platform providing success for businesses with Generation Z, these new findings highlight the lucrative reality of the student economy and why Gen Z is more financially savvy than we think.

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Retail Industry Awards announces charity partner

Talking Retail

Landmine clearance organisation the Mines Advisory Group (MAG) is to be the official charity partner of this year’s Retail Industry Awards. Since 1989, the Nobel Prize winning charity has helped more than 20 million people in over 70 countries rebuild their lives after conflict. The Manchester-based organisation has been supported since 2015 by a group.

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Bensons for Beds launches £3m ad campaign filmed in Cumbria

Retail Times

Just a week after outlining strong pent-up demand from customers, Bensons for Beds today (18 August) will launch a major advertising campaign - its biggest since the end of lockdown restrictions and the re-opening of so-called non-essential stores.

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How to Create a Branding Package for Your Franchise Business

Mindful Design

If you want to operate a succesful franchise, achieving brand consistency across all your locations is a must. Without it, having control over your own image is an impossible task, and the failure of one location can ruin your reputation and damage the entire franchise. One of the first and most important steps in ensuring that […]. The post How to Create a Branding Package for Your Franchise Business appeared first on Mindful Design Consulting.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.