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Fashion industry insiders are speculating about the future of Australian Fashion Week (AFW) following the news of IMG’s exit from the country’s premier fashion event. Since its debut in 1996, AFW has attempted to evolve alongside Australia’s dynamic fashion landscape.
Last year brought some challenges for the Australian fashion industry. High-profile brands like Dion Lee and Mosaic Brands closed their doors, and IMGs departure from Australian Fashion Week disrupted the sector. Fast fashions dominance and its impact Fast fashion has transformed retail dynamics.
A huge part of retaining customers is having a return policy that is clear and concise, giving customers the security they expect and want. In trying to accommodate all customer demands while simultaneously fighting for market share in a rapidly expanding and competitive fashion industry, retailers are relaxing their return policies.
Last weekend, centre:mk hosted the UK’s largest fashion and beauty indoor event, welcoming over 113,000 visitors across the two-day period. Located at Middleton Hall, centre:mk’s Fashion Weekend featured 80 brands across 40 of the destination’s retailers, enabling visitors to see the latest trends across fashion, health, and beauty.
The news follows rumblings last week that the retailer was struggling to maintain its sprawling brick-and-mortar presence amid increased competition in the fast fashion sector. In a bid to stave off new competition, the company entered a partnership with one of its biggest competitors Chinese-based online fast fashion brand Shein in 2023.
Indian retail conglomerate Reliance Retail has introduced an app in India to sell Sheins fashion products through a licensing agreement, marking the Chinese brand’s return after a five-year ban due to diplomatic tensions. This stand-alone app will be expected to compete with other fashion retailers like Walmart-owned Myntra.
The aim is also to free up staff to focus on more creative tasks, such as predicting fashion trends based on the analysis that Delphine generates. Managing supply-chain unpredictability The Covid-19 pandemic highlighted the vulnerability of trade routes in times of conflict and natural disaster. per cent vs 10 per cent).
For the first time ever, a runway show for people with disabilities will feature at Afterpay Australian Fashion Week (AAFW) in May. . Fashion brand Christina Stephens, led by Jessie Sadler, is one of the founding members of the group. .
We have strong relationships with landlords, marketing agencies and industry talents, and we pride ourselves on ensuring that having a localised strategy was the most important thing for G-Star, Good Products & Co managing director, Helder Borges, told Inside Retail.
Asos recently launched its first ever rental edit with UK-based rental marketplace, Hirestreet, as the struggling online fashion retailer attempts to stem its losses amid a decrease in consumer spending. The story so far The move into fashion rentals comes at a critical time for Asos. million (A$165.7
In 2021, returns cost retailers a whopping $761 billion , or almost 17% of total U.S. This year the powerful combination of the special sale dates in Q4 (like Target, Amazon and Walmart holding October Black Friday events) and an increase in ecommerce holiday shopping means that this upward trend for returns will continue.
For many years, permissive returns policies have been the norm in ecommerce. For the post-holiday season just past, it’s estimated that the total value of returned goods will be around $171 billion. retailers were revisiting their returns policies as of late 2022. With numbers like these, it’s no wonder that most U.S.
The Online CX Index, a partnership between Inside Retail and Humii, covers the entire website experience through checkout, delivery and even returns, evaluating eight key criteria based on up to 200 data points. The fashion retailer delivers orders about four days faster than competitors, while delivery speed is 2.2
Westfield Knox in Victoria will open a new fashion retail precinct later this year, which will serve as home to popular brands including Uniqlo, JD Sports, Glue Store, and General Pants Co. “We’re The new fashion retail precinct is part of the last stage of Westfield Knox’s $355 million redevelopment plan.
Australian fashion label Nique has entered voluntary administration, becoming the latest high-street brand to falter in a tumultuous economic environment. Nique also launched an upcycling program, asking customers to return their well-loved wardrobe items to the store for repurposing and resale.
Australia and New Zealands leading pureplay online fashion, lifestyle and sporting destination has had a year of evolution; with seemingly smooth transitions overhauling the businesss order warehouse management system (OWMS), building a new B2B platform business and tackling the intricate returns issue.
When they’re ready to try something new, they can exchange styles for three new ones with unlimited exchanges and returns, free priority shipping and complimentary laundering services. Fashion subscription service Stitch Fix is also continuing to experience declines in its business.
But the merchant was suffering from a bit of an image problem that made it seem fusty and old-fashioned, a situation that led to a companywide turnaround plan initiated in 2020. In the words of Paula Mitchell, Digital General Manager, We wanted consumers to think of Freedom not as your mums brand but as your best friends brand.
It’s not a mirage; Barneys is returning to NYC, but only temporarily. The unique collaboration includes an extraordinary Hourglass & Barneys pop-up experience featuring an exciting curation of fashion and beauty brands, limited-edition products, exclusive merchandise, guest appearances, cultural events and more.”
It’s been another year of record-breaking ecommerce sales combined with unprecedented snarls across shipping and inventory ecosystems, so it should come as no surprise that return rates for 2021 are expected to have gone through the roof. Getting at the Root of Apparel and Footwear Returns.
In the world of fashion, it has been speculated that it could be possible that future designs on the runways of London, Milan, New York and Paris, could come from generative artificial intelligence programs. According to Sarah Neill, CEO and founder of Mys Tyler , the world of fashion has been ripe for disruption for a long time now.
Footwear and accessories brand Novo Shoes has returned to Canberra, opening two locations in Woden and Belconnen. The post After six years, Novo Shoes returns to Canberra, opening two stores appeared first on Inside Retail. The Spendless Shoes acquisition provided Novo with an additional 214 outlets across Australia.
After a tumultuous year, the much anticipated Afterpay Australian Fashion Week (AAFW) hit Sydney last week, marking the return of live shows once again around the world. Anna Brennan, The Iconic, general manager of fashion. First Nations Fashion & Design. Alice McCall. Images: Getty. Images: Getty.
Online return fraud cost U.S. For every $100 in returned merchandise accepted, U.S. to return fraud, the NRF has calculated. While it is possible for shoppers to commit return fraud innocently simply by mis-reading the returns policy, a significant number of returns are the result of premeditation and malicious intent.
Australian fashion label Nique has entered voluntary administration, becoming the latest high-street brand to falter in a tumultuous economic environment. Nique also launched an upcycling program, asking customers to return their well-loved wardrobe items to the store for repurposing and resale.
“Decjuba’s innovative circular fashion program removes many common pain points around selling second-hand clothing; not only improving the customer experience but also advancing its mission to become Australia’s most responsible fashion brand,” they added.
To date, only three UK retailers have ever made it into the 1bn profit club – and fashion giant Next has just become the fourth member. In fact, the retail boss seems to downplay that Next is only one of two fashion retailers to ever hit the prestigious 1bn threshold. growth in sales. Fluke or form?
Ksubi’s return to operating stand-alone stores in Australia has been a long time coming. T cemented its reputation for rebellion at its Australian Fashion Week debut in 2001, where 200 rats were sent down the runway. It comes as the brand plans to open new stores in Sydney and Melbourne in early 2024.
Zara’s decision to start charging for online returns this month has raised complex questions about why people send back such a high proportion of items they buy online, and what can be done about it. As of 4 May, the Spanish fashion brand has started charging customers around the world for returns sent back through the mail.
Fashion tech start-up Mys Tyler has secured more than $1 million in its seed funding round, with Mirvac Ventures, Antler Global and angel investor Brian Hartzer, former CEO of Westpac, backing the business. Mys Tyler stylists will work with the community to help women of all shapes, sizes and ethnicities meet and learn about fashion.
After months without a full-time chief executive, Crumpler co-founder David Roper has returned to the bag business in order to bring it back to its roots. “After what feels like a lifetime since the humble beginnings in that first [Crumpler] store, I am so excited to be back to help Dave return Crumpler to its former glory.”
Fast fashion has normalised using garments for short periods of time, and throwing them away when trends change, driving an unsustainable pattern of overproduction and overconsumption. It envisions that fast fashion will be out of fashion, and that economically profitable re-use and repair services will be widely available.
Last week, the retail industry was buzzing with the news that Victoria’s Secret’s fashion show is coming back. First introduced in 2004, the annual fashion show was put on hiatus in 2019 after the show reported its lowest-ever ratings in 2018. What do retail experts think about the fashion show revival?
Building Resilience for the Future The complexity of navigating the return of tariffs underscores the importance of adopting proactive strategies that strengthen supply chain networks and foster deeper customer loyalty. Retailers must navigate an environment where geopolitical uncertainty adds an additional layer of unpredictability.
featured speakers such as Beatrice de Quinsonas Drouas, Director of Research at BPCE Solutions Immobilires; Mathieu de Mallman, Global Head of Retail and Healthcare at AXA IM ALTS; Eric Decouvelaere, Head of EMEA Urban Destinations at CBRE Investors Management; and Romain Muller, Head of Investment Management Retail at Union Investment.
Fashion brands Ann Taylor and Loft are headed back to Canada via a series of shop-in-shops at Hudson’s Bay stores across the country. The partnership was developed by brand management firm Centric Brands and will mark the first time either brand has been available in Canada since 2020. Loft shop-in-shop at Hudson’s Bay in Canada.
From romantic and intricate handmade gowns from South Australian label Paolo Sebastian, to ’70s-inspired silk and velvet suits from emerging designer and former musician Anna Cordell, to fun and affordable styles from family-favourite retailer Kmart, this year’s PayPal Melbourne Fashion Festival had it all. Nungala Creative.
Bigger isnt always best in retail, Steve Cohen, executive general manager of performance and lifestyle at Accent Group, told Inside Retail. Cohen returned just last week from a trip to South Koreas Seoul and Japans Tokyo, where he was looking at whats next in fashion and the Glue Stores new creative direction.
Inside Retail : Cue is one of Australia’s longest-standing fashion brands and it has such a rich history. Upon arriving home and sensing a gap for youth-driven fashion in the market, he decided to capitalise on that and started printing The Beatles t-shirts for the group’s fan club in Australia.
She noted that while reverse logistics in particular is very complex, Goodwill has developed and perfected the infrastructure to help manage that, while offering alternative paths to circularity. One Canadian retailer has Goodwill accept returns on its behalf, with customers then getting a voucher to shop for a new product with the retailer.
Peel L&P has announced that NEXT, the renowned British retailer, will be making its return to Gloucester Quays, the premier outlet and dining destination in the South West. With over 700 stores worldwide, NEXT is a multinational British retailer that is seeking to boost the sale of third-party fashion brands.
including new payment and checkout options, personalized styling facilitated by smart mirrors and upgraded delivery and return options. This initiative is a natural next step in H&M Group’s long history of innovation, where we use technology to discover new ways of enjoying fashion.”.
Smarter warehousing: The catalyst for innovation In the same article, we also discussed how smarter warehousing is transforming Australias fashion industry. Technologies such as real-time inventory management, automated picking systems, and flexible fulfilment models are playing a key role in enhancing operational efficiency.
Over the past 12 months, we have been building up our selection of products, investing in our operations network, and opening new fulfilment centres, said Anthony Perizzolo, general manager of delivery and supply chain for Amazon Australia.
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