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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.

Expansion 264
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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. He recommends that retailers need to be distinctive in terms of their value proposition.

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

Inside Retail

In response, these brands have discovered an alternative path to capitalise on this transformation by forging partnerships with locally respected brands to synergise their efforts in luxury retail. The post Global luxury brands find safer passage into India’s premium retail market appeared first on Inside Retail Australia.

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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 company’s strategy is to nurture the presence of international anchor players, complemented by Vietnamese brands.

Expansion 130
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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.

Expansion 130
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Here is what’s driving Danish retail giant Bestseller’s success Down Under 

Inside Retail

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. One example of this is the recent expansion of Vero Moda.

Fashion 236
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Breaking down the clever approach to Chemist Warehouse’s public listing

Inside Retail

A benefit of this strategy is the ability to bypass regulatory filings, or the funding to go public. In the case of Chemist Warehouse, the acquisition would position it as a superpower in the Australian pharmaceutical market, dominating the wholesale and retail markets through vertical acquisitions across the value chain.

Marketing 245