article thumbnail

How Dubai sportswear giant GMG aims to crack the Southeast Asia market

Inside Retail

GMG is a Dubai-based company with distribution rights for more than 120 global brands in the Middle East and Southeast Asia, and a portfolio of multi-brand retail chains across sports, food and beauty. It recently opened its first corporate office in Singapore, marking a significant milestone in the company’s expansion strategy.

Marketing 130
article thumbnail

Premier Retail to close four Sydney stores despite good performance

Inside Retail

Premier Retail says it achieved a modest increase in sales for the half year to January 29, despite losing 42,000 trading days to Covid-related lockdowns and movement restrictions. Due to the growing momentum in preference for online shopping, the company was focused on achieving the profitability of each individual store.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accent Group launches first 4Workers store today in Melbourne

Inside Retail

4Workers has been established to fill a gap in the market of workwear that’s easily accessible, convenient and high-quality, offering a good, better, best strategy of product,” said 4Workers general manager Armando Pedruco. “By

Location 173
article thumbnail

Rebel MD Gary Williams on taking experiential retail to the next level

Inside Retail

Spanning 3600sqm, the new store covers most of the fourth floor of Emporium Melbourne shopping centre, and carries Rebel’s largest range of sportswear brands, including industry giants like Nike, Adidas, Under Armour and Asics, as well as popular homegrown labels like Lorna Jane, PE Nation and Muscle Nation. Dubbed RCX 2.0,

Apparel 264
article thumbnail

What Rite Aid’s collapse reveals about the challenges of pharmacy retail

Inside Retail

Since filing for bankruptcy last week, pharmaceutical retail chain Rite Aid has received interim approval to access up to US$3.45 The fall of the pharmaceutical retail chain Rite Aid isn’t the only pharmaceutical retailer in the US that is facing financial challenges.

article thumbnail

Retail appointments of the week

Inside Retail

Best and Less, The Reject Shop CEOs depart By Rakshnna Pattabiraman The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Huddle said the company has the “right strategy in place” to deliver long-term growth.

Shopping 130
article thumbnail

Why a major rent reset didn’t occur following the Covid-19 pandemic

Inside Retail

For a while, it was looking like a meaningful downward rent reset at shopping centres was a real possibility. Why this hasn’t occurred The trouble is that leases turn over on a gradual basis, somewhere between 10-20 per cent of leases in a shopping centre every year, depending on the country and what kind of shopping centre it is.