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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. The company said that North America is now its fastest-growing and largest market. Following the opening of its first U.S. stores at Roosevelt Field Mall in Garden City, N.Y., Along with its U.S. million ($3.1
Renewed Focus on Wholesale Nike CEO Elliott Hill. Photo courtesy Nike) Hill emphasized on the earnings call that improving and expanding sales in the wholesale channel is a key Nike initiative under his watch. Wholesale revenue totaled $25.9 The Nike integrated marketplace is beginning to take shape,” Hill said.
When Edward and Judy Kwon founded Calpak 35 years ago, they modernized the luggage and travel goods sector by investing in innovative design and marketing. But as many brands have learned, the major growth unlock for Calpak’s next phase was physical retail — especially given the highly visual and tactile nature of its category. “If
Vaccarella is no stranger to retail — Bogg has wholesale partnerships with Dick’s Sporting Goods and Bass Pro Shops , among others — and she has mastered a model in which the brand develops exclusive designs tailored to each partner’s shopper base. We started doing trade shows and focused on wholesale. This is just the beginning!
This is also the reason why the brand doesnt sell its products on a wholesale basis. I think because we haven’t had wholesalers and stakeholders, we’ve been able to nurture that. She identified a gap in the market, as well as the problem of overconsumption.
Wholesale revenue fell 12 per cent, and direct-to-consumer sales decreased by 8 per cent, driven by a planned reduction in e-commerce promotions. By product, apparel sales dropped by 12 per cent, footwear by 11 per cent, and accessories rose 2 per cent. However, the company’s gross margin improved by 200 basis points to 49.8
Inside Retail connected with the CEO and creative director of Dissh, Lucy Henry-Hicks, on how the brand has approached international expansion and finding the Dissh girl in new markets abroad. The short-term residency offered an invaluable opportunity to test the market and gauge local appetite. LHH: Definitely. LHH: Yes, and no.
This week, Parisian apparel and accessories brand Maison Kitsuné announced that it will be closing its physical retail locations in the US. The closures are part of Maison Kitsuné’s overarching reorganisation of its retail operations to focus more on wholesale distribution and digital operations. Difficult, but not impossible.
Journeys , one of the largest footwear retailers in the country with over 1,000 stores in North America, has been one of the most important large wholesale accounts for footwear brands for decade. What the research pointed to was opportunities to evolve our assortments, our marketing, our stores.”
In February, the business announced it had experienced 225 per cent year-on-year sales growth, primarily driven by its strategy in the US market. The US fashion market has a history of making or breaking Australian fashion labels and Leo Lins move into the US saw the brand double its revenue in just two years.
Instead of relying on international retailers and wholesalers to come to Australian shores to discover local talent, We Wear Australian is bringing 12 emerging and established designers to the global stage.
Wholesale net sales climbed 8.6 “Despite the challenging backdrop, we are confident in our ability to navigate the industry complexities and remain committed to our ambition to deliver solid, sustainable and above-market growth.” The group’s net revenue rose 17.5 per cent year over year to €3.83 billion (US$4.17
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.
This unmissable event brings together thousands of suppliers bringing you the latest and greatest in gift, lifestyle, home and decor, fashion and accessories, kids and family, and beauty and wellness. More than a trade show – it’s a retail experience Reed Gift Fairs Melbourne isn’t just about what’s new – it’s about what’s next.
The market for Moshi Moshis products and price points in neighbouring countries would seem to be substantial and the company has not been at all reluctant to open shops at a rapid pace. The gross margin percentage of revenues in the third quarter was 52.8 per cent, a decline from 53.1 per cent in the corresponding period a year ago.
Even though there has been a slowdown in the luxury market, Capri’s results are way worse than this decline,” Neil Saunders, MD of GlobalData, said. This is especially so as the accessible part of the market in which Capri operates has seen modest growth over the past quarter.” For the first quarter ended June 28, revenue fell 5.9
Founded by leading Australian fashion designer Camilla Franks in 2004, the eponymous apparel and accessories brand has been taking the world by storm with its aesthetic approach to bohemian-inspired designs. The most recent Australian addition to New York Citys retail scene is luxury apparel brand Camilla.
Taking back creative control Hyde credits Shevoke’s new wave of success to taking back control of the brand from wholesalers and investing in her e-commerce business. “I I thought wholesale was where it was always going to be at, I thought going through other retailers to give you awareness is kind of what you have to do,” Hyde stated.
While it is certainly true that there are challenges in wholesale and that the luxury market is softer, these factors do not explain Capris chronic inability to stabilise its sales line. The company had a miserable holiday season and has carried on its well-established trend of significant underperformance, the analyst added.
Tween-favorite accessories retailer Claire’s is considering selling all or parts of its business, according to Bloomberg , which cited people familiar with the matter. Since then, Claire’s has been busy building out its IP to facilitate a transformation into a full-blown lifestyle brand.
Despite market challenges, Weinberg added that the company experienced 21 per cent growth in wholesale and a 10 per cent increase in direct-to-consumer channels. Sales growth was also robust across regions, with a 30 per cent increase in EMEA, bolstered by double-digit growth in all countries.
Wholesale revenue declined 8 per cent to $3 billion, while DTC revenue fell 11 per cent to $2.1 Regionally, North America posted an 11 per cent sales decline, while international markets are down by 6 per cent, driven by a 13 per cent fall in Asia Pacific and 6 per cent in Latin America. Accessories rose 1 per cent to $411 million.
Denim brand Wrangler has tapped footwear company Genesco to design, source, and market men’s, women’s, and children’s footwear bearing the Wrangler name. These include Journeys, Journeys Kidz, Schuh, and Schuh Kids, along with wholesale and licensed brands such as Levi’s, Dockers, Bass, and more.
DP: I’ve worked in all aspects of fashion and retail, from operations to wholesale and from merchandising to retail. DP: North America is a key market that we are committed to prioritising further. Additionally, we’ll focus on strengthening the regional organisation to capitalise on the opportunities we see in the market.
While Japan has long been established as a premier hotspot for vintage luxury products, particularly designer bags and accessories in pristine condition, the country has recently experienced an unprecedented surge in demand for these meticulously maintained secondhand treasures. billion yen (US$5.4 billion) and accounted for 28.2
The company has signed a deal with Good Products & Co for the distribution of its products in the two markets. G-Star said it plans to expand in Australia and New Zealand by boosting wholesale growth and launching new retail stores this year. The brand is now stocked at David Jones, The Iconic, Glue Store and Culture Kings.
per cent increase in total owned sales, including wholesale. Sales for the final six weeks of H1, including Cyber weekend, while growing on the prior year, slowed compared to the previous 20 weeks, with customers responding to value offers in the market, added Group CEO Daniel Agostinelli. The group reported a 4.6
Founded in 1953, Laura Ashley has grown its distribution to more than 80 countries through wholesalers, digital marketplaces, and over 150 branded retail sites worldwide. Gordon Brothers acquired Laura Ashley from insolvency in 2020.
Australian swimwear brand Tigerlily will return to the Australian market following its acquisition by Seafolly last year. As part of its 25th anniversary celebration, Tigerlily will relaunch with a focus on digital innovation, customer experience and brand legacy.
Aloha Collection co-founders Heather Aiu and Rachael Leinaala Soares are hard at work spreading the spirit of ‘aloha’ to the rest of the world through their rapidly expanding accessories and lifestyle brand. We built our foundation through e-commerce, word of mouth and grassroots marketing.
OTB, parent of Diesel, Jil Sander, Maison Margiela, has reported lower sales for the last fiscal year as a decline in wholesale more than offset growth in the direct-to-consumer (DTC) channel. Meanwhile, the wholesale channel experienced a slump due to the general downturn. These offset the slowdown in the Chinese market.
This year, Puck News estimated that the brand is generating about US$100 million in annual revenue across its direct-to-consumer operations, wholesale partners like Revolve and Nordstrom, and cross-collaboration collections with companies including Sephora, Pottery Barn and Target. RHC: We believe shopping should feel like a celebration.
million due to a decline in the wholesale channel, reflecting subdued market conditions and a material decrease in a small number of retail accounts. The group’s revenue soared 16.1 per cent to $183.5 million with Universal Store’s sales rising 17.2 per cent to $156.1 million and Perfect Stranger’s sales surging 92.3
Market Research Importance: Thorough market research is essential for understanding consumer preferences, industry trends, and identifying gaps in the market to tailor your business offerings effectively. Utilize SEO and digital marketing strategies for increased visibility and customer acquisition.
Direct-to-consumer sales trends continue to improve for all three of our brands, while the wholesalemarket is taking longer to recover, said Michael Daly, MD and Group CEO. However, while the groups DTC sales showed resilience, wholesale sales remained under pressure. Rip Curls wholesale sales fell 13.4
Today, the Royal Selangor product catalogue spans everything from wine accessories to Pop Mart collectibles, chess sets and even Disney collaborations. Each market, says Yue, brings its own set of expectations and cultural reference points. “As As we expanded, we found that there were differences across markets.
Daily Dive M-F DTC Weekly Every Tuesday Marketing Weekly Every Wednesday Tech Weekly Every Thursday Operations Weekly Every Monday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. Team logos are incorporated on the collection’s bedding, backpacks and decorative accessories.
One of the biggest challenges early on was navigating wholesale. I work super closely with our marketing and social teams on everything from daily messaging to upcoming launch activations. I didn’t come from a fashion or retail background, and I didn’t go to business school, so a lot of it was just figuring things out as we went.
The brand currently operates more than 1200 wholesale accounts across the US and international markets. Founded in Los Angeles in 2005, Beyond Yoga offers a range of lifestyle essentials, including outerwear, fleece, and performance pants. It was acquired by Levi Strauss & Co in September 2021.
Effective Business Planning: Establish a clear niche, conduct market research, create a comprehensive business plan, and outline funding and operational strategies for success. Market Appeal : Eco-conscious consumers seek unique, sustainable items, giving you a clear target audience.
Despite reshuffling its creative leadership, refining store networks, and preparing a new slate of product launches, the group remains weighed down by brand fatigue, market headwinds in Asia and the US, and internal uncertainty about how to restore relevance at scale. Its sales dropped 25 per cent year-on-year to €3.0
But he is now looking to broaden the brands product offering and target market with the announcement of a new name and a new womenswear capsule, alongside the launch of his AW25 collection. I think it’s very hard just to have a pure menswear brand and grow you’re sort of missing out on half the market, Best admitted.
per cent and wholesalers revenues contracting 1.4 “We have sharpened our strategy around HeyDude as we work to create higher brand relevance through our product and marketing initiatives,” said CEO Andrew Rees. The company’s consolidated revenues increased 1.6 For the Crocs brand, revenues were up 7.4
While some in the retail industry felt the deal would have given the fashion groups a competitive edge in today’s market, the consensus opinion seems to be that it was a close call for Tapestry, the parent company of Coach New York, Kate Spade New York and Stuart Weitzman. billion merger.
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