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Overseas expansion is risky, but these Aussie retailers are doing it anyway

Inside Retail

Australian retailers are expanding their horizons after the Covid pandemic and actively assessing opportunities overseas. Despite some unsuccessful forays beyond the borders of Australia and New Zealand by some retailers, there is increasing optimism about global expansion.

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On the growth trail: Inside Arc’teryx’s ANZ expansion plans

Inside Retail

Premium Canadian outerwear brand Arc’teryx launched its third store in Australia on Thursday, and is bringing a more guided hand to the next phase of its expansion across the region. The post On the growth trail: Inside Arc’teryx’s ANZ expansion plans appeared first on Inside Retail.

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How designer label Dion Lee is positioning itself for global expansion

Inside Retail

Global expansion Dion Lee’s biggest market is in the US, so expanding the brand’s physical store footprint to the States was the next logical move. “We Miller, who served his last tenure as CEO and chief creative officer at the Collected Group for seven years, is well positioned to lead Dion Lee toward global expansion.

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From China to India, how the world’s retail markets stack up: report

Inside Retail

Kearney, a renowned global consultancy firm, recently unveiled its latest findings in the 2023 Global Retail Development Index (GRDI) report , shedding light on emerging market potentials and strategic pathways for retail expansion. It was valued at $3.8 trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022.

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Global luxury brands find safer passage into India’s premium retail market

Inside Retail

The expansion of luxury retail, both in the present and the foreseeable future, extends beyond major Indian metropolises like New Delhi, Mumbai, Hyderabad, and Bangalore, encompassing upscale towns across the nation. The number of millionaires in India is expected to double to 1.6 million within the next three years.

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Luckily, Vietnam has never been dependent on tourism to drive demand to the same extent as some of its neighbours, notably Thailand, so it is mainly domestic consumption that will underpin retail sales growth. The real engine of occupancy growth is likely to be the expansions of the latter. So far, it’s doing the trick.

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What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

As the world’s second-largest smartphone market, India is crucial for Apple’s growth. While the company has been shifting its production from China to India due to geopolitical tensions, its retail market in the world’s most populous country has not been as strong. appeared first on Inside Retail.

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