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Japan’s retail sector faces challenges amid weak consumer confidence

Inside Retail

It isnt just the chocolate itself thats at risk: the cost of the packing materials where the sweet stuff reposes is through the roof as well. It all adds up to a nasty bite to the pocketbook of consumers everywhere who are looking to shower one of the worlds favourite romantic gifts on their loved ones. per cent mini-bubble in 2023.

Consumer 130
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Australians return to the malls despite a plunge in consumer confidence

Inside Retail

Comparable sales of major retailers and specialty stores were up by 11.2 Scentre group’s figures came out on the same day as the latest consumer confidence data from Westpac shows a decline of 5.6 Meanwhile, Allen said Scentre Group’s portfolio occupancy remains strong at 98.7 per cent to 90.4 per cent in 2022.”.

Returns 264
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Aeon Mall hits the right note in Japan and Vietnam, but China is still problematic

Inside Retail

Specialty store metrics at the companys malls reflected rising prices and higher average transaction values in Japan, with sales growth at the Japan malls of 6.2 And better yet, unlike in China, consumers in Vietnam still have an appetite for buying up merchandise rather than just coming to the mall to have a good feed.

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Meet the Aussie pet accessories business with 14-carat leads starting at $550

Inside Retail

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. billion in 2023.

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Tapestry Offloads Stuart Weitzman to Famous Footwear Parent Company Caleres

Retail TouchPoints

Tapestry Marks Strong Holiday as Capri Struggles Since ending its planned merger with fellow American luxury house Capri in November following regulatory pushback , Tapestry has recorded strong performance , in contrast with Capri, which saw double-digit declines at its biggest brands, Versace and Michael Kors , during the recent holiday period.

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Saks Fifth Avenue teams with Reliance Retail to enter India amid luxury boom

Inside Retail

Specific details regarding the inaugural Saks Fifth Avenue store’s launch timeline and location in India have not yet been announced. Additionally, Indian fashion brands Afew by Rahul Mishra and Akok by Anamika Khanna will expand their US presence with an exclusive launch at Saks Fifth Avenue’s New York flagship store.

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Three malls with great CX: American Dream, Battersea Power Station, Chadstone

Inside Retail

And here’s a glimpse at three places in this year’s list that we think are worth knowing. The consumer-driven experience includes the original control rooms having been fully restored and transformed into an events space and an all-day bar concept, with its original dials and controls on display,” she added.