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From virtual models to marketing, how fashion brands are using AI today

Inside Retail

The size of AI in the retail market 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. Marketing: AI can also help provide insights into the ideal target market for a product. How can AI genuinely help?

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Asic orders Urban Rampage stores to end Centrepay credit arrangements

Inside Retail

Clothing and homewares retailer Urban Rampage has been ordered by the Australian Securities & Investments Commission (Asic) to stop offering Centrepay credit arrangements at its stores. Coral Coast targeted First Nations consumers who received Centrelink payments.

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“We see huge opportunities”: Inside Pet Circle’s $75m cash injection

Inside Retail

Following a $75 million cash injection from US investor Prysm to stave off “tight capital market conditions” and ensure a steady path to growth, pet care business Pet Circle is laser-focused on the growing pet wellness market.

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Daiso, Muji, Moshi Moshi? Why this Japanese-inspired chain is taking off

Inside Retail

Even the name Moshi Moshi is a Japanese phrase – it’s an informal way of saying “hello” when answering a phone call from a family member or friend – and given the love of Thai people for Japanese culture and products, that isn’t such a bad marketing tool. Some stores also sell pet accessories. What makes Moshi Moshi special?

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Fine jewellery in your 50s: Meet the matriarch proving age is just a number

Inside Retail

At the time, Jan Logan, the founder of the eponymous jewellery brand, was in her 50s and had already lived a full life in rural NSW with her husband and three sons. My first exhibition was at the Moree Women’s Club which was very successful. During this time the business expanded into Melbourne and other markets.

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Rebecca Vallance’s chic new Sydney flagship store is a sign of what’s to come

Inside Retail

The UK and Europe account for 53 per cent of the brand’s wholesale business and will account for a big focus moving forward, due to strong organic growth in these markets. “We We will then be looking at wider international retail rollouts to follow,” Vallance-Gasan said. Internationally this figure sits at around 62 per cent annually.

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‘Targeting the vulnerable’: Asic halts Urban Rampage Centrelink payment scheme

Inside Retail

Urban Rampage sells clothing, household goods and essentials at 10 locations in regional and remote locations across Western Australia, the Northern Territory and Queensland. The commission believes the consumers in the brand’s target markets are low-income recipients of Centrelink benefits and do not have access to other forms of credit.