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Myer’s profit declines amid store closures, underperformance of some brands

Inside Retail

. “We are laser-focused on improving our profitability, performance, and shareholder returns,” said Olivia Wirth, Myer executive chair. Our objective is to identify opportunities to deliver a step-change in Myer’s market position and generate strategic and financial benefits.”

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Time to De-Uberize: the Hidden Power of Live Commerce

Retail TouchPoints

Most of them, of course, achieved their initial success through the use of creative advertising and storytelling, often in mass-market print and television. However, that’s not the aspect of their brands that consumers are craving today. Brand managers can write a script, cast their agents and create a performance.

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Why Woolworths’ acquisition might bring the best out of Milkrun 

Inside Retail

At the time, founder Dany Milham cited deteriorating economic and capital market conditions as the key reason behind the collapse. From Woolworths’ end, there are strong opportunities in the grocery delivery sector, but it will take time and marketing dollars for it to really grow,” Newell said. It’s also about being super transparent.”

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EssilorLuxottica acquires Supreme from VF: attractive deal or risky move?

Inside Retail

per cent of the luxury eyewear market. That said, EssilorLuxottica has strong distribution capabilities and is good at brand management, so Supreme fits better with them than it did with VF,” he said. The advantage is that the streetwear label is backed by an investor who is performing and knows global markets.

Apparel 261
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Behind Desigual’s repositioning and its Asia Pacific expansion

Inside Retail

Earlier this month, Desigual partnered with Melbourne-based brand management firm O’Rourke Showroom to unveil its spring-summer collection, further expanding its retail distribution in Asia Pacific. Inside Retail: What are the reasons behind Desigual’s return to Australia?

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Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

“Originally the event has always been based on trade with a consumer event later, and in the last few years we have seen them merging this and not investing in getting overseas buyers to come to Australia,” Phoebes Garland, co-founder of Garland & Garland, a fashion and lifestyle brand management agency, told Inside Retail.

Fashion 246
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Saks, Authentic Aim to ‘Redefine the Luxury Experience’ Through New Joint Venture

Retail TouchPoints

Brand management firm Authentic Brands Group and Saks Global have developed a new joint venture called Authentic Luxury Group (ALG) that is aimed at “redefining and expanding the modern luxury experience.”

Fashion 227