This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Lendrum brings a wealth of experience to the role, having previously held positions at Saint Laurent, Gucci and Ralph Lauren as president for the North American market. “Laura’s experience in luxury, fashion, digital and hospitality is a perfect match for us,” said Bellaiche.
Cutting-edge brands and retailers are embracing the authentic, real-time nature of livestreaming to: Amplify and capitalize on influencer partnerships; Position business leaders and associates as trusted experts; and Replicate the magic of in-person fashion shows and product drops.
“One thing Mum and Dad recognised early on is that it’s a fashion industry. I think my mum had a really big influence on that because she loved fashion. She always made our clothes, she even made our school uniforms, so she was really invested in fashion and I think that is one of the key things that really drove their business.”
Trends in the Commercial Investment Market The retail real estate market was a focal point of this years MAPIC, with a strong emphasis on investors perspectives regarding retailmarket trends and outlooks. These sessions revealed an optimistic vision of the resilience of retail as an asset class.
Differentiating The bricks-and-mortar beauty retailmarket in Australia is becoming crowded, with Wesfarmers’ new beauty offering Atomica joining Chemist Warehouse’s Ultra Beauty, homegrown cult-favourite Mecca and international import Sephora. .”
Artificial intelligence (AI), the metaverse and ChatGPT are creating the biggest buzz so far this year, and it’s no surprise to see the fashion industry catching the wave. The size of AI in the retailmarket exceeded US$2 billion in 2020 according to Global Market Insight and is expected to grow at more than 30 per cent between 2021 and 2027.
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. Beyond the metros The report also highlights the decentralisation of demand.
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. The company estimates the fast fashion segment to reach $50 billion by FY31.
International fashion outlet developer, FASHION HOUSE Group has officially opened its doors to a €25M new outlet centre in the east of Bucharest, the Group’s second outlet centre in Romania’s capital. The country’s GDP increased by 0.3 per cent compared to the previous quarter and was up 2.4
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. billion market in 2023.
After starting as a sales associate at J Crew’s Liquor Store concept shop while studying menswear design at the Fashion Institute of Technology, Echevarria was recruited by retail legend Millard ‘Mickey’ Drexler to start a brand collaboration program. IR : What does your fashion say about you?
For example, in September 2023, the Chandler Fashion Centre in Arizona opened a 250,000 square-foot Scheels, a sporting goods chain, where visitors could experience attractions like riding on a ferris wheel or visiting an aquarium. In fact, data from Placer.ai
Asia’s answer to slow fashion, Supermint, has just unveiled its first Hong Kong store at mixed-use retail destination PMQ. We believe we can open up more possibilities for slow fashion and make the fashion journey sustainable. “We Modern women are independent and have unique fashion tastes.
Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store Saks Fifth Avenue to expand its luxury retail portfolio through its subsidiary Reliance Retail, the company said in its third-quarter financial report last week.
Swiss purveyor of luxury chocolates, Laderach; renowned French retailer, Galeries Lafayette; the Spanish fashion powerhouse, Balenciaga; the Swiss emporium for multi-brand watches and jewellery, TimeVallee; and the Dutch haircare salon brand, Keune, are amongst the esteemed names set to establish their presence in India in the months ahead.
Travis Wright, former general manager of fashion online retailer Esther & Co, is taking the reins as CEO at iconic Australian swimwear brand, Tigerlily. Earlier this year, she landed the seventh spot in Inside Retail ‘s Top 50 in E-Commerce list.
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.
The company currently operates more than 250 stores across key markets such as South Korea, Japan, Singapore, Malaysia, Vietnam, and the Philippines. International retailers like H&M are not just competing with local brands, but are also navigating complex cultural nuances and rapidly evolving consumer preferences.
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. Signet Jewellers, the world’s largest retailer of diamond jewellery, is anticipating 2.5
The brands name is based on the pronunciation of the Japanese word jiyu, which translates to freedom, and comes from the brands mission to provide high-quality and trendy fashion to a broad, international audience. The store also marks the brands first major foray outside of the Asian retailmarket, where it has about 470 stores.
] While live-streaming platforms may once have been reserved for gamers and their fans, luxury fashion brands are increasingly turning to this unique method of connecting with consumers. He believes retailmarketers have overlooked gaming due to its digital nature and confusion about how a digital property can drive people into stores.
Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retailmarket, with the company making strides in its sustainability and circularity initiatives. This reflects the growing demand for good quality fashion at competitive prices.”
Heinemann entered the Australian retailmarket in 2015, and has since worked to deliver innovative initiatives and products to passengers in Sydney International Airport. The company operates over 340 duty-free travel stores, fashion boutiques and concept shops at 74 airports across 28 countries.
As we kick off the new year, industry experts share the key trends set to shape retail in 2025. Pre-loved goes mainstream The rising popularity of second-hand goods and renting fashion over the last couple of years is set to go mainstream this year.
An extensive portfolio of classic and popular fashion brands will enter the Australian retail sector for the first time as Brand Machine Group (BMG), a global leader in branded fashion manufacture and licensing, launches into the local market in 2024. First up is the US$2.4 per cent (CAGR 2024-2029).
Haul positions Amazon to directly compete in the fast-growing discount retailmarket, particularly against established players like Temu and Shein, which have gained substantial market share in recent years with their low-price business models.
While the luxury and discount markets are relatively unaffected by the cost-of-living crisis, Mortimer noted that the middle-market is really exposed. While the luxury and discount markets are relatively unaffected by the cost-of-living crisis, Mortimer noted that the middle-market is really exposed.
Alf the Label: Absorb costs where we can Since Alf the Label, a parenting lifestyle brand, launched in the US at New York Fashion Week in 2023, the region has become a crucial market, now accounting for over 70 per centof the brands total revenue and customer base.
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.
A new floral-themed streetcar has hit the streets of Toronto touting the offerings of online fashionretailer Shein as it travels around the city. By tagging @shein_ca on Instagram with #SheinIntoSpring and #SheinCanada, fans can enter to win a $100 Shein gift card.
“From a customer perspective, resale is driven by a wish to get one’s hands on desirable fashion items at a lower price as well as experiencing the fun of treasure hunting for something unique,” Anna Forster, sustainability strategist and co-founder of The Purpose Agents, told Inside Retail. “At ” How Nike Refurbished works.
The key to effective adaptive clothing is catering for the vast array of needs different consumers have, while maintaining style and fashionability. Recently, fashion brands have begun to provide on-trend clothing with new styles, combining fashion and technology for people with a variety of disabilities. Magnets, not buttons.
Global fast-fashion e-retailer SHEIN will be hosting its second-annual virtual music festival, “SHEIN Together Fest” on May 2, 2021, celebrating its Light-a-Wish campaign with a $300,000 donation to three charities chosen by its community.
Ashley’s bid for the top position has been slammed by Boohoo, which accused Frasers of using its stake in the fashion brand and other retailers to promote its own “commercial self-interest”. What’s happened so far? The latest half-year results for Boohoo show its pre-tax losses tripled from £36.6m to £147.3m
In the last quarter, New York’s retailmarket has gone from frigid trepidation to sizzling enthusiasm. Complete with fashion drawings, gold leaf accoutrements and photographs of Madame Elsa Schiaparelli, the boutique references visions of the iconic designer’s original Parisienne salons.
The US luxury retailmarket was worth US$134.6 billion last year, retail analyst and GlobalData managing director Neil Saunders told Inside Retail. And finally, those retailers that leverage their heritage and experience to provide the level of excellence that customers are expecting.
Challenges and market considerations As the brand continues expanding, it faces challenges common to multinational retailers, including supply chain complexities and adapting to local market preferences. some’s strategy and one of the major reasons we are competitive in the retailmarket.
Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. Can an old dog learn new tricks? Mastronardi noted, “The high level of convenience in places that have a lot of traffic — that’s been the secret sauce.”
The Melbourne Airport store offers all items, including cosmetics, perfumes, alcohol and cigarettes, as well as fashion miscellaneous goods. The company expanded into the Australia-New Zealand travel retailmarket in 2018 after acquiring five duty-free shops in the region from JR Duty Free.
He added that the grocery sector is likely to be less affected compared to mid-marketretail – which often includes brands specialising in fashion, general merchandise and speciality retail – as customers make substitutions and opt for home-brand products. “By
With an eye on what’s going on in the global retailmarket, brands must also pay close attention to today’s trendsetters, especially Gen Z consumers. The report noted a 9% uptick in spending by female Gen Zers which led the growth, and not only in fashion purchases. The Gen Z Factor. AI-powered personalized recommendations.
Brad Eckhart: It’s unprecedented in that almost everyone is dealing with these issues, that it’s not limited to a single retailer or category. While the industry as a whole has never faced this kind of issue in the past, most of us in retail have faced similar situations at a category level.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content