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It’s no secret that consumers are still spending big on their pets even in a cost of living crisis – and the launch of luxury pet accessories brand Mon Petit Amour Manolo, which sells collars starting at $550, is proof of this. billion in 2023.
Consumers empowered by social media are now dictating to brands which trends they need to meet. Pinterest recently forecasted the biggest consumer-led trends for 2024 with its Pinterest Predicts report using its search engine database which has over 400 million monthly users.
Consumers are looking to build a personalised multi-brand jewellery collection that represents their personality, style and in some cases, values. Brands and retailers alike are noticing a wave of new consumers looking to find and express their taste through both fine and costume jewellery.
After a particularly hot day in the Dominican Republic, Hurtado experienced the lightbulb moment to launch her brand Hello Updo, a hair accessories brand specialising in products designed for voluminous hair with varied curl patterns. IR : In what ways do you believe Hello Updo fills a white space in the haircare market?
Today’s consumers are craving a truly unique shopping experience. We are only at the beginning, and as brands begin to scale their AI utilisation, its full spectrum of benefits for consumers and retailers alike will be uncovered. The post Generative AI is supercharging retail, what does this mean for consumers?
The post Affordable fashion sales surge online, despite consumer spending slowdown appeared first on Inside Retail Australia. “Retailers should note that while overall spending may be down, there are still plenty of opportunities to connect with their customers online – particularly during sales periods,” Starr added.
” Aligning with the Demands of Today’s Consumers “Some of the language that I continue to hear when I go to many of [my go-to-market appointments] are things like, ‘What will our adjacencies be?’” Consumers are finding inspiration everywhere, and they’re more eclectic in their fashion choices. ” Hyman added.
Overall, a strong licensing business combined with a disciplined approach to cost management offset softness in some of our direct-to-consumer businesses and drove earnings from operations for the Company that were flat to last year’s performance,” Alberini added. per cent in US dollars. “We
Recent research has revealed that luxury Australia retailers aren’t doing enough to capture the attention of, and drive consumer spending by, migrants of Asian background and heritage. In order to do so effectively, she stressed the importance of understanding the various factors and intricacies that inform their consumer behaviour.
Coco Republic will collaborate with online lifestyle retailer Revolve to produce a collection of decorative items, to expand its audience to millennial and Gen Z consumers in the US. Coco Republic made their debut at the Revolve Festival 2024 in Palm Springs, California, as the official furniture partner displaying its outdoor range.
per cent in the June financial year driven by soft consumer demand in all markets. The post Soft consumer demand dents City Chic’s sales, fuelling loss appeared first on Inside Retail. Global plus-size fashion retailer City Chic says sales declined 15.8 For the 12 months to July 2, group sales were $268.4
Australian consumers are becoming more conscious of the social, environmental, and economic implications of their purchasing choices. A recent report by Baptist World Aid, based on responses from over 2000 Australians surveyed by research firm McCrindle in September, revealed an increased awareness of the impact of consumer choices.
Luxury accessory resale site Rebag and online resale platform ThredUp have announced a multi-faceted partnership to bring their clienteles closer together and enhance both companies’ circularity efforts. For items that sell on ThredUp, customers will receive Rebag credit that can be used online and in store. ” . ”
per cent while clothing, footwear and accessories fell 0.4 “The Taylor Swift-inspired boost in turnover for fashion and accessory retailers last month has proved to be temporary with an instant reversal this month,” said Ben Dorber, ABS head of retail statistics. Food sales went up 2.1 However, household goods slid 3.1
Both brands are sold in ANZ through direct-to-consumer, online and owned stores, and via wholesale channels. In addition, Accent distributes Dickies under the Glue brand and to the majority of Dickies consumers through its 2000 wholesale clients. The initial deal has an eight-year term.
Another way Ulta Beauty uses technology to enhance the customer experience is by investing in educational video content from beauty brands to enhance the store associate’s ability to educate the consumer about a product.
billion, while clothing, footwear and accessories increased 1.7 Cafes, restaurants, and takeaways grew 2.3 per cent to $5.48 per cent to $3.02 billion, and department stores climbed 0.4 per cent to $1.91 ” The post Strong boost in Australian retail sales in October, says ABS data appeared first on Inside Retail Australia.
Most recently, when fashion and accessories retailer Primark unveiled its 450 th store worldwide at the Florida Mall in Orlando, it announced it would have an entire floor dedicated to its growing partnership with Disney — a new kind of experience for the blossoming retailer, although certainly not the last.
Australian retail sales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. billion, while clothing, footwear, and accessories rose 0.5 Australian Bureau of Statistics (ABS) data showed that shoppers spent $35.1 billion in December, up 0.8
Four-wheel drive and camping accessory retailer Outdoor Supacentre (trading as 4WD Supacentre) has been fined $302,500 for sending more than 83,000 spam texts. The ACMA had also sent five compliance alerts to the retailer after receiving consumer complaints. Businesses have paid more than $12.5
Rachel Leonard, editorial director of The Bridal Council and former fashion director of Condé Nast’s Brides , agreed that consumers today are seeking more bespoke bridal wear and adds that they want those services provided on a “faster turnaround” time. The ‘see it now, buy it now’ mentality has also changed the landscape.
Threadicated primarily offers consumers tailor-made apparel and accessories that are precisely suited to their individual style and body form. The post Australian AI tech promises a re-imagining of the on-demand shopping experience appeared first on Inside Retail Australia.
Currently the Amsterdam-based brand’s apparel, eyewear, fragrances and accessories are available in stores across Europe, North America, the Middle East, Africa and Australia. Bluestar plans to invest in marketing initiatives to introduce new consumers to the brand and support strong consumer engagement worldwide.
Clothing, footwear, and accessories sales jumped 2.2 “Retailers told us that consumers continued to target sales events and look for the best deals before buying big-ticket items like furniture, bedding, TVs and laptops,” said Ben Dorber, ABS head of retail statistics. . per cent to $ 1.89 per cent to $14.43
I’m always mindful of accessories and footwear used in styling for shows, which are often competing for my attention on the runway,” she added. Ebay reported that there is growing consumer recognition for a fashion landscape that supports pre-loved clothing and accessories.
Secondhand wedding, bridesmaid and special occasion dresses, along with accessories, will be available through a curated, dedicated online storefront at 40% to 50% savings. David’s Bridal has introduced Adored by David’s , a resale program that will be managed by Arrive Recommerce.
Within a short time, she helped forge partnerships with Disney, Pixar, the NFL, MLB and NBA to create co-branded jewelry and accessories. Then, during the height of COVID, Callahan began chatting with the Consumer Goods team and forged a licensing agreement that has evolved to include various collections and new product lines.
Supercheap Auto climbed 4 per cent, attributed to higher sales in lubricants, batteries and car detailing, while Macpac also rose 4 per cent, thanks to new store openings and strong growth in packs, gear and accessories in New Zealand. Meanwhile, Rebel’s sales fell minimally by 1 per cent, reflecting weaker consumer spending.
Under the multi-year agreement, IMG will bring to market complementary products that support Claire’s brand purpose of inspiring self-expression and individuality, in categories including apparel , fashion accessories and room décor as well as lifestyle and special occasion products.
The data prompted both the Australian Retailers Association (ARA) and the National Retail Association (NRA) to urge the Reserve Bank of Australia to keep the current interest rates to encourage more consumer spending. Clothing, footwear and personal accessory sales inched 1.1 per cent higher to $3.02
Luxury accessories brands, including Rolex, Omega and Bulgari, also reported significant sales and profit drops last year. Over the years, Korean consumers have become more sophisticated. Which is paying off as, like in other markets, the South Korean consumer is becoming more discerning,” Lee concluded. per cent last year to 1.65
billion, which Australian Retailers Association (ARA) CEO Paul Zahra said reflects how consumers prioritise essentials amid a cost-of-living crisis. Clothing, footwear, and accessories, however, fell 0.1 The cafes, restaurants, and takeaway category climbed 4.3 per cent to $5.41 billion while the food category increased 2.8
consumers and international visitors alike,” Freundt said in a statement. “I Schimenti Construction, Nathan Colkitt of Colkitt Architecture and the internal Puma team led the flagship’s construction and design. Located along the iconic Las Vegas Strip, this flagship allows us to expand Puma’s presence in North America to connect with U.S.
billion by the end of 2022 , in large part because influencers can provide direct connections to consumers and allow brands to deliver messaging in an authentic and relevant way. Retail TouchPoints (RTP): How can marketing and, specifically, social media help brands better manage consumer demand?
Since its launch in January 2021, Shein X has grown from selling just seven brands to more than 4600 designers, artists and creatives from all around the world – releasing more than 41,000 designs to its consumers. The Shein X designer drops are designed to appeal to its consumer base’s taste and budget during an economic downturn.
“Jazwares Australia will have a major impact on the toy industry in the long-term, with the team’s laser focus on Jazwares’ brands and business, adding value to all retail partners and consumers,” Zebersky added. Big Balloon co-founder Chris Loverso will serve as MD of Jazwares Australia, and his team will also join the Jazwares family. “As
Clothing, footwear and accessories rebounded from a decline in July, up 1.4 National Retail Association deputy CEO Lindsay Carroll said a slowdown in consumer spending before retail season was expected. per cent increase. per cent in August. Household goods recorded the biggest decline (down 6.6
Google has begun using the zero-party data of customers’ thumbs-up/thumbs-down style ratings and brand preferences to better personalize its shopping experience, helping consumers find the exact products they want among the 45 billion listed by the search engine. Google Style Picking Tool The style ratings, currently available to U.S.
This is crucial considering a recent Publicis Sapient report on customer loyalty , based on a survey of over 8,000 consumers across six countries, revealed that 52% of global consumers report having slight to no brand loyalty overall. A well-designed store can create a memorable brand experience that strengthens customer loyalty.
He noted that, according to retailers, alcohol spending dropped as consumers brought forward their purchases into March opting for cheaper alcoholic drinks. Clothing, footwear, and accessories sales suffered the largest decline of 2.5 per cent month-on-month increase in sales could be tied to inflated prices.
Cramer also has experience working with brands targeting younger consumers, similar to Claire’s, from his time as President of Parade , a Gen Z-focused intimates and lifestyle apparel retailer. The accessories retailer has forged wholesale and shop-in-shop partnerships with major U.S.
ET, features 15 styles including shirts, sweaters, jackets, pants and accessories. The apparel and accessories range in price from $49 to $129. “At The collection’s first assortment, which debuts on QVC on Oct. 6, 2023 at 1 p.m. Kohl’s debuted an assortment of adaptive styles from Nine West last month.
The new location features a bold storefront, expanded footwear and accessory selections and an emphasis on sustainability and dynamic digital fixtures. It’s been designed with a streamlined approach to store layout to offer an intuitive shopping journey that encourages discovery and easy navigation.
Amidst shifting expectations, what’s become abundantly clear is that a context-specific and emotionally engaging approach to consumer engagement will win the day with all generations — from the zoomers to the boomers and beyond. More than half of consumers say they’ll become repeat shoppers after a personalized shopping experience.
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