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Meet Zhik: The sailing brand everyone will be wearing at the Olympics

Inside Retail

And the hope is that people will look at them and say, ‘Wow, I want to be like him or her,’” Piet Poelmann, Zhik’s CEO, told Inside Retail. Former tech founder turned sailing enthusiast Brian Conolly founded Zhik in a Sydney garage in 2003 after being disappointed by the poor fit and function of the gear on the market. Boating boom.

ATS 246
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5 Ways Retailers can Begin to Market from the Outside-In

Retail TouchPoints

The dot.com bust in 2001 slowed, but didn’t stop, the inexorable move toward consumers shopping and buying online. As we have grown consistently more accustomed to having the world at our fingertips, online shopping has only grown. Retail brands cannot feed the internet enough content to satisfy consumers. Micro-segmenting.

Marketing 230
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Unpacking the “murky” data behind the luxury spending boom

Inside Retail

per cent year on year in December 2022 and is currently sitting at 26.72 In December 2022, a note by Morgan Stanley, which found that young adults living at home with their parents were driving purchases of pricey products, was widely covered by the media. “In Australia, retail spending in restaurants and cafes grew 25.34

Consumer 246
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What the bankruptcy of biotech darling Amyris means for the beauty industry

Inside Retail

Today, the American firm is best known for its stable of celebrity beauty and wellness brands that it is auctioning off at a discount following its filing for Chapter 11. THG Beauty, formerly known as The Hut Group , was quick to snap up Biossance at Amyris’ bankruptcy auction. But buyer interest was minimal,” he added.

Consumer 130
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Aiwa brand up for auction, its parent bankrupt

Inside Retail

At its peak, it achieved sales of more than $2 billion annual revenue. Listed on the Tokyo Stock Exchange from 1961 it lost profitability in the late 1990s and was taken over and delisted by Sony in 2003. Aiwa has manufactured audio products, including speakers, headphones, and stereo systems since 1951.

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Net-a-Porter, Ssense, Farfetch: How luxury’s e-commerce leaders stack up

Inside Retail

Third-party online retailers have proven that consumers prioritise the acquisition of the product over the in-store purchase experience. Net-a-Porter is considered a pioneer in the online luxury space since its founding at the start of the millennium in the year 2000 by Natalie Massenet. Net-a-Porter is much more of a wholesale model.

Wholesale 130
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A Metaverse Action Prep Plan for Brands

Retail TouchPoints

This way, when you decide to go all in, you will be able to jump at the opportunity rather than having to stop and ramp up. There will likely be a spike in interest at some point, and you want to make sure you’re already at the table by then. My recommendation is to get this plan done this year. Will they be the first to adopt?

Planning 237