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Behind Eggslut’s fall in Asia: The harsh reality of the F&B market 

Inside Retail

This level of excitement is not uncommon for international F&B brands entering markets like Singapore and Hong Kong, where media hype and consumer curiosity often drive long lines. Despite its cult following, known for its indulgent egg sandwiches, the brand failed to secure a long-term foothold in key Asian markets.

Marketing 130
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Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

Under IMG’s leadership since 2005, AFW has elevated resort collections, showcased Indigenous designers and initiated a consumer-integrated model. Under IMG, the average cost of the show is over $100,000 so when retail sales are down, designers and brands are really questioning return on investment and value.”

Fashion 246
Insiders

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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. “Our online offer is a scale business that returned to growth in the second half and has continued to increase market share throughout FY23.”

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What Bapcor can learn from Bain’s long track record of PE bids

Inside Retail

From one analyst’s perspective, the Australian mergers and acquisitions landscape is considered to be relatively subdued, but there are signs that confidence in the market is returning. billion after the share market closed on June 7. per share, which equated to approximately $1.8 So there will be an uptick in PE deals.

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High-Quality Data is the Key to Unlocking the Power of Generative AI in Retail

Retail TouchPoints

It’s the kind of impact that won’t directly create more money but will reduce costs, help build customer loyalty and lead to faster return on investment overall, especially for companies with high call volumes. SAP’s largest cloud addressable market. As Managing Director for SAP Labs U.S.

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With Consumers Awash in Subscriptions, Brands Set Sights on Paid Membership

Retail TouchPoints

consumers have at least one subscription, and predicts that the subscription market will reach a nearly $200 billion valuation this year and surpass the trillion-dollar mark by 2027. That is, customers should feel as if they get benefits worth 3X what they are paying in return for their membership fee.

Consumer 299
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Morrisons gears up to close Rathbones bakery business, 400 jobs at risk

Retail Gazette

Related Story Lidl returns to profit with record sales and booming shopper growth 20/11/2024 x 12:00 PM The spokesman confirmed that Morrisons’ 450 in-store Market Street bakeries were unaffected by the plans and would continue to serve customers. This has led us to consider the possibility of closing the site,” they added.

Grocer 105