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Justin Kestelman, the founder and chief executive officer of Hommey, told Inside Retail he wanted to create a brand that millennials and Gen Z consumers would want to have in their homes. Kestelman stated, We are not neutral or bland. Previously, it used an Australian shipping company, which led to delays.
Now, securing sought after products at the best price is becoming increasingly chaotic for consumers, with prices fluctuating during a number of weeks across the Golden Quarter. Forget deal or no deal, it’s more like deal or disappointment for consumers, leaving much to be desired in terms of results for retailers.
According to a report by iResearch, the market size of micro-dramas in China last year reached US$6.85 They demand little from viewers, each episode lasts a minute or two, easily consumed between subway stops or during lunch breaks. In China alone, these ultra-short episodic series have become a cultural juggernaut. With more than 9.6
Southeast Asia as key market We see Malaysia as a prime opportunity, given its status as one of Southeast Asia’s largest and most developed economies,” Mohammad A Baker, CEO of GMG, told Inside Retail. Insights from its acquisition of Royal Sporting House have also helped the company understand local market dynamics.
Pitaliya explained, Cannabis is moving from the fringe to mainstream, driven by increased legalisation, a growing number of wellness-focused products and changing consumer preferences. Medical sales made up the remaining 30 per cent share of sales within the legalised cannabis retail industry. billion by 2028.
Retailmarketers, however, already have the holiday season on their minds, and summer is a great time to begin holiday prep – including connecting with your legal and compliance colleagues to make sure your mobile marketing program is holiday-ready. Mobile text marketers that want to send to U.S.-based
With retail sales bouncing around as the UK economy chugs along, marketers in the sector are seeking the best way to keep their customers happy and prevent them from spending their money in another store. But consumers are demanding in other ways, too. But consumers are demanding in other ways, too.
In a press release, Jean-Marc Bellaiche, Printemps Groupes chief executive officer, stated, “We think we can bring something unique, both to its engaged local consumer base and the strong tourist flows the city welcomes We plan to pioneer a new format of experiential retail in this fast-changing and demanding market.”
Uncertainty about the ultimate fate of TikTok has been somewhat lost among the clouds surrounding other T things (tariffs and trade deals), but a lot of retailmarketers will be very unhappy if some kind of solution isnt eventually found. Now, TikTok is showing that it can support both ends of the marketing funnel, he noted.
In the age of omnichannel retail and ever-expanding social media channels, retailmarketing has never been more complex than it is today. Consumers want more than just transactional perks. Theyre looking for brands that connect with them on a deeper level and engage them in meaningful ways.
As The Wall Street Journal noted, consumers are making 8% more trips to different retailers as inflation impacts household budgets. The Journal also reported that consumers are traveling to cheaper zip codes to shop and are joining loyalty programs to take advantage of promotions in greater numbers, according to retail analysts.
The digitalisation of media has seen advertising budgets diverted towards social media campaigns and search engine marketing in Australia, 70 per cent of digital advertising spend goes to Meta and Google. For many retailers, these platforms have grown to consume the whole marketing funnel and their templated options have become the default.
All these different sensory elements, including the music playlist, dont feel forced; it feels very authentic in the store, said Jaime Bettencourt, responsible for revenue growth, brand strategy and content marketing at Mood Media in an interview with Retail TouchPoints.
Inflation has an impact on nearly every aspect of the economy, including raw material costs, wages, transportation, and, ultimately, the prices consumers pay for goods and services. Rising costs and shifts in consumer behaviors have a significant impact on the retail industry.
According to Bain & Companys How India Shops Online 2025 report, Indias e-retailmarket is on track to more than double from $60 billion in 2023 to $160 billion by 2028, making it the fastest-growing major e-commerce market in the world. This means brands need to rethink how they define their audience.
There have been multiple examples recently of the Australian Competition and Consumer Commission (ACCC) levying fines at retailers for misleading promotions. Is this due to an increase in retailers’ legal negligence or a more active consumer watchdog? Consumers expect fairness, not manipulation.
Retail chain Oh!some some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. some has implemented a cross-border online and offline membership system, allowing consumers to earn and redeem points across different countries. To enhance customer engagement, Oh!some In December, Oh!some
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The retailmarketing landscape is more dynamic than ever, so understanding which trends are worth pursuing both from the consumers and the businesss perspective and which ones are just noise, will be critical to achieving growth in the year ahead. Here are three common themes that came to the fore.
Numerous conferences and sessions held over the first two days provided a comprehensive overview of market trends, featuring many exclusive international speakers. Retail investment has been especially driven by the strong performance of the Italian, Portuguese, and Spanish markets, alongside robust results in the UK.
With a strong commitment to reducing environmental impact and directing a substantial profit share to the Yalari Foundation, Yarnn is transforming how consumers think about everyday essentials. Instead of businesses, we thought, Well have a product that we can put into peoples homes, co-founder Lane Stockton told Inside Retail.
While there is no one-size-fits-all solution to the tariff problem, and the situation remains fluid, several Australian retailers told Inside Retail they are recalibrating their strategies and looking to streamline their operations rather than retreat from the lucrative US market.
Despite modestly positive expectations for 2024, the luxury retailmarket did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion.
They are the current interest, bordering on obsession, for many a Millennial and Gen Z consumer. These two consumer groups have been lumped into an increasingly powerful shopper segment dubbed ‘kidults’, an amalgamation of the words ‘kid’ and ‘adults’. What are kidults? per cent increase since 2022.
The vaping industry has seen a lot of growth over the years, driven by evolving consumer preferences, regulatory changes, and advancements in technology. For vape juice brands, staying competitive in the retailmarket requires a deep understanding of the latest trends influencing sales.
Golden Goose aims to gain more market share in Australia by establishing a strong retail presence and building lasting community connections through new retail experiences. Inside Retail spoke with Mauro Maggioni, Golden Gooses Apac CEO, about how the business plans to grow its market share in the global US$39.91
. “The outlook for the consumer remains uncertain, given ongoing cost of living pressure on household budgets,” said Heraghty. ” The post Super Retail Group’s sales rise in first 16 weeks appeared first on Inside Retail Australia.
Underlying impacts The partnership between Reliance Retail and Shein represents a significant shift in India’s fashion landscape, with several key implications for both businesses and consumers. According to Westphal, India’s fast fashion market features a diverse mix of international and local brands.
Last month, Amazon moved into the budget e-commerce space through the launch of a discount website, Haul, which offers consumer products priced under US$20. This could lead to customers perceiving lower quality, becoming less willing to pay for Prime memberships and other Amazon services, and ultimately result in decreased market share.
Diversifying supply chains enhances resilience and reduces single market dependency which is a critical component of a global growth strategy. The Asia-Pacific region is experiencing dynamic shifts in consumer demand which align with our ICP, driven by internet penetration, digitalisation (e.g. from 2025 to 2034.
With total retail sales projected to reach $350 billion this year, Vietnam is rapidly becoming a key player in Asias retail landscape. Savills explores the key drivers of growth, market challenges and future opportunities shaping Vietnams retail industry this year. per cent year-on-year in Q4 last year.
Regarding marketing and selling products to consumers, product imagery is unquestionably one of the most important selling points. When considering the prevalence and dominance of e-commerce and digital shopping channels, traditional brick-and-mortar retail stores may question where this leaves them.
Retailmarkets move fast, especially now that many, if not all, major retailers are betting big on emphasizing ecommerce over physical locations. As part of this push, the once-reviled practice of data scraping and aggregation has become a pivotal tool for retailers.
Shopping for babies has become a journey that stretches far beyond the shower, and brands that fail to recognize this shift risk losing relevance in a market that’s more fluid, personal and socially influenced than ever before. Baby Durables Market Report , trusted influencers have a measurable impact on brand loyalty and product selection.
It’s no secret that the role of the modern marketer is shifting. While AI and ChatGPT are dominating headlines, the real conversation among Australia’s marketing leaders is far broader – and far more human. That’s why The Customer Show is becoming a key date in the calendar for forward-thinking marketers across Australia.
Artificial intelligence (AI) is ushering in an exciting new era for retailmarketing and customer engagement, according to Jake Cohen, VP and head of Shopify at Klaviyo. This will help the company use AI to drive autonomous campaigns and marketing executions in the future. Thats Klaviyo’s sweet spot: Data unlocks activity.
The menstrual care market has long been dominated by major global manufacturers. Since launching in January 2020, Viv for your V has steadily built its direct-to-consumer (DTC) and e-commerce presence via retailers like Amazon and TikTok Shop. Inside Retail : How did the concept for the brand come about?
Starting with a single sneaker launch in 2014, the brand has expanded into other retail categories, including outerwear, streetwear and accessories to become a lifestyle brand for all ages — from children barely old enough to pronounce the name of the business to veteran fashion consumers. AJ: It’s been incredible.
At IADS, we view India with great interest, believing it holds promise for this format, especially as many players are either entering or considering the market. Recent developments in the luxury department store segment demonstrate this growing interest in India’s retail landscape. per cent expansion. per cent by 2028.
market as an international company can be both an exciting and challenging venture. As the world’s largest consumer economy, the U.S. However, understanding the cultural nuances and regional differences across the country is critical to success, especially when partnering with major retailers like Walmart, Best Buy, or Home Depot.
A professionally compiled marketing calendar is a detailed plan that records all the company’s marketing events with a schedule of dates and times. Usually, a marketing calendar is made for a year or a quarter. How to use holidays to maximize marketing benefits? Why is it needed?
The discount retail group , which owns Pepco and Dealz in Europe and Poundland in the UK, outlined its strategic vision at its Capital Markets Day investor presentation. The move comes after a difficult trading period for Poundland, which has struggled amid an increasingly competitive UK retailmarket.
How do you market to the customer who can get anything they want anytime they want it? Selling to the 1 per cent has never been easy, which is why retailers that cater to this elite demographic have traditionally differentiated through private events, exclusive products, and hyper-personalised customer service.
AI assists brands in offering personalized shopping experiences, optimizing inventory, and predicting consumer trends. Blockchain ensures transparency in supply chains, building consumer trust. Brands that integrate these technologies effectively can expect to lead in the new retail landscape.
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