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British footwear and accessories label Kurt Geiger has unveiled plans to bring its London verve across the pond in a big way. Del Amo in Los Angeles and Fashion Valley in San Diego. From 2018 to today, gross sales have grown 100X , from 2.5 Following the opening of its first U.S. Along with its U.S. Along with its U.S.
The Scars of the 2018-2019 U.S.-China China trade war of 2018-2019 offers a cautionary tale about the far-reaching consequences of tariffs. In 2018, more than one-third of apparel imports flowing into the U.S. China Trade War: A Case Study in Disruption The U.S.-China During this period, the U.S.
I was planning to do that for six months, but then I just completely fell in love with e-commerce technology, Airi told Inside Retail. At the time, Glassons, like many fashion retailers, had a very lean team. Plus, she missed working in fashion retail, an industry she has always loved.
For an all too brief period, the Alceon investment house achieved its ambition to be the largest womens fashion specialty retailer in Australia. Mosaic Brands succeeded in becoming the biggest specialty fashion retailer in Australia but didnt seem to have a business plan to match its ambitions. million and net profits to $17.3
it found that consumers were about a year or two behind the trend cycles in Australia, which gave Princess Polly the perfect edge to not just predict but lead in key fashion trends. But keeping pace with, and setting, fashion trends is a tall order. distribution center back in 2018, it has a lot of data to work with.
The most high-profile of these failures is Mosaic Brands, the company behind long-running fashion chains, including Noni B, Millers, Rivers and Katies, which collapsed at the end of last year and is now in liquidation. By July 2018, Alceon’s retail investments were generating about $1.5 million in June 2019.
BBRC has not made an official announcement or shared any plans about the label. ” BBRC previously owned a lingerie chain called Bras N Things, which once got to 200 stores and was sold to US underwear group Hanes for $500 million in 2018. .”
It’s not the first time that Carpetright has found itself in troubled waters, with the business launching a company voluntary arrangement (CVA) in 2018 in an attempt to bring its losses under control. ” The fashion chain was forced to shutter all 46 of its stores and cut more than 700 jobs by the middle of August.
In 2018, one of his agency’s clients was the Korean sunglasses brand Gentle Monster. The Middle East [is in the plan] – because Documents has some Middle Eastern clients in China…and we think our position and our style may match the Middle Eastern market,” Zhaoran said. And here is where Zhaoran’s distinction is grounded.
Over the past few weeks, the retail industry has been buzzing about the news of legacy retailer Nordstroms privatisation plans. This deal marks the end of Nordstroms years-long efforts to go private, which the company attempted previously in 2018.
After experiencing a shaky series of starts and stops, the brand closed down in 2018 and experienced a total re-birth after being acquired by Europerfumes in 2019. Are there any plans in the works to open another store soon? It was a real gamble and a delight to relaunch in 2021 and see our customers adopting our new language.
Industry experts are keeping a close eye on the future of fashion retailer General Pants Co, after its owner, Alquemie Group, closed or sold three other retail brands in its portfolio in as many weeks. It was just the latest portfolio consolidation.
In 2013, Rebecca Hessel Cohen, a former fashion and beauty editor for publications like Cosmopolitan and Glamour , decided to turn her love of all things fashion and feminine into a business after designing the bridesmaids’ dresses for her own wedding. Inside Retail spoke with Cohen to learn more about how she plans to accomplish this.
Topshop and Topman are set to return to the runway this summer, with a London fashion show planned for August to mark the relaunch of the brands’ online platforms and preview the Autumn/Winter 2025 collections. Following the runway, the event will continue with a branded street party featuring live music, DJ sets, and surprise guests.
Evri, one of the UK’s largest dedicated parcel delivery companies, has expanded its long-term partnership with Vinted, the second-hand fashion marketplace and a go-to destination for all kinds of second-hand items, following a period of significant volume growth for both businesses.
In 2013, Rebecca Hessel Cohen, a former fashion and beauty editor for publications like Cosmopolitan and Glamour , decided to turn her love of all things fashion and feminine into a business after designing the bridesmaids’ dresses for her own wedding. IR : What have been the biggest challenges in building the brand off thus far?
Entering the US in 2018, 2nd Street had 43 stores in the country at the end of November. Opening its first overseas outlet in China in September 2018, the company now operates 21 stores across Taiwan, Singapore, and Thailand. Bookoff is also planning to increase its footprint in the US.
Brett Blundys BBRC was reported to violate US laws with its purchases of shares in lingerie giant Victorias Secret during the past three years, resulting in the target adopting a ‘poison pill’ plan as a response. BBRC is currently preparing to launch a new lingerie chain called Leays which is plans to grow into a global brand.
Helmersson brings over 20 years of experience in the fashion sector to the role, having previously held various leadership roles within H&M Group, including CEO from 2020 to 2024 and COO from 2018 to 2020. Mango has appointed former H&M Group CEO Helena Helmersson as a new independent member of its board of directors.
Raithatha joined the etailer in 2018, after founding and leading the Finery London fashion brand. The company completed a £25m share buyback in H2 FY25 and plans to repurchase up to £60m in FY26. Moonpig CEO Nickyl Raithatha will step down after seven years, remaining in charge during a 12-month notice period.
The White Company turns 30 later this year and founder Chrissie Rucker promises there are “lots of very exciting things to come” “We’ve made lots of changes to the way we’re doing things,” she says, adding that the retailer plans to put on a “fantastic celebration” to mark the occasion.
White Stuff chief executive Jo Jenkins is stepping down after seven years in the role, following the fashion retailers acquisition by TFG London last October. Jenkins, who joined the business in 2018 from M&S, where she was director of clothing and beauty, is leaving to pursue new opportunities.
Shein’s planned IPO listing on the London Stock Exchange, expected in the first half of this year, will probably be delayed, Financial Times reported. A repeat of 2018? The immediate impacts are already becoming apparent, with several companies facing operational challenges and strategic uncertainties.
From the skate bowl it installed in 2018, to the in-house cinema it opened in 2019, to the circular fashion initiative it launched in 2021, the department store regards itself as “more than a shop”, chief operating officer Leonie Foster said. We’re a social destination, a permanent invitation to experience the new.”
In the interiors and fashion space, relevance is everything and a lot of brands – particularly heritage brands – lose that relevance, it’s a kiss of death.” Newell’s insight speaks to the remarkable evolution Freedom has undergone since private equity firm Greenlit Brands took full ownership in 2018.
The truth is, most of us got in the old-fashioned way pitching over and over until we finally got the opportunity, she added. We were hopeful that it would be the first step in our expansion into larger retailers and planned to add more products over the coming years.
In fashion, the victims behind such statistics include J. Sears filed for bankruptcy in 2018, and operates under a dozen stores today, down from thousands at its peak. The problem, however, was that the dilapidated state of its stores along with scant staffing levels belied the upmarket fashion message entirely. Not a bad idea.
Additionally, it’s likely SHEIN was looking for a sustainability-focused facelift ahead of a planned U.S. with plans to expand it globally next year. This pilot version is part of SHEIN’s larger commitment to address the ongoing issues of textile waste and build a more circular fashion industry.
Window shopping is about to get a whole lot more exciting, with Australian designer fashion brand Oroton launching augmented reality try-on mirrors across the window displays of its stores in Sydney’s Queen Victoria Building and Brisbane’s Queen Street Mall.
Australian fashion tech business Azura Fashion Group is banking on the booming circular economy for growth. Azura Fashion Group was born out of the uproar caused by Burberry’s revelation in 2018 that it had destroyed millions of dollars worth of excess stock, rather than sell it at a discounted price, to protect its brand image.
Under the multi-year agreement, IMG will bring to market complementary products that support Claire’s brand purpose of inspiring self-expression and individuality, in categories including apparel , fashion accessories and room décor as well as lifestyle and special occasion products.
Another hit with customers was the brand’s 2023 collaboration with Italian fashion house Fendi. “We We plan to really shake up Sydney’s beverage scene,” he said. In 2018, Heytea opened its first store outside China in Singapore, making it the first Chinese new-style tea brand to go global.
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.
While we are still very much committed to providing modern and sophisticated workwear, in the past 12 months, we have evolved our product offering to be more trend-led and fashion-forward. IR: How would you describe the impact Covid has had on customers and what they want from fashion? How has Witchery responded to the issues?
Best Jumpers has won this year’s National Designer Award at the Paypal Melbourne Fashion Festival, taking home a prize pool of $130,000. Caroline Ralphsmith, PayPal Melbourne Fashion Festival CEO, said it is a “privilege” to meet these talented designers early on in their development and create sustained and meaningful relationships.
In recent months, Spanish fashion brand Mango has been hitting the accelerator on its international bricks-and-mortar presence. By 2026, Mango plans to open 500 stores in key markets such as Canada, France, the United Kingdom and the United States. Stephen Grenley: Mango has been present in the United States since 2006.
Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.
The Flipkart Group includes ecommerce marketplace Flipkart , digital fashion destination Myantra , Flipkart Wholesale , online travel company Cleartrip and a majority stake in the payments app PhonePe. In 2018, Walmart beat out Amazon for a majority interest in the company, spending $16 billion for a 77% stake.
She will leverage her experience to help advance the omnichannel fashion retailer’s plans for growth and developing a best-in-class customer experience. Katz spent 33 years with Neiman Marcus, including eight as CEO, before retiring in 2018.
brands, the owner of Culture Kings, Princess Polly, Petal & Pup and Rebdolls, last week announced its long-awaited IPO, initially planning to offer almost 14 million shares of common stock on the New York Stock Exchange. The preliminary prospectus doesn’t state when the IPO will begin, but its expected to be sometime this week.
H&M Group CEO Helena Helmersson believes business leaders need to work together to reduce the fashion industry’s impact on the environment. If the fashion industry really wants to reduce its environmental footprint, Roger Lee, CEO of garment manufacturing firm TAL Apparel, said it needs to have a system in place. “We,
It appears the ecommerce giant is using these brick-and-mortar locations primarily for consumer and market testing purposes, but Amazon has released little data about plans or timetables for additional openings. Closer to home, Amazon is reportedly planning to open department stores in the U.S. carrying clothes, electronics and more.
Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.
Even as Amazon continues to open fashion, grocery and convenience brick-and-mortar stores, the ecommerce giant announced planned closures of all 68 of its 4-star , Books and Pop-up locations — 66 stores in the U.S. Amazon is not abandoning its Amazon Go cashierless convenience stores, with plans to open locations in Mill Creek, Wash.
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