Inside Retail

APRIL 19, 2022

Over the past two years, many Australian consumers have reset their expectations of the brand and customer experience. Having endured the pandemic and moved by escalating social and environmental causes, more consumers want to act for the greater good and expect businesses to follow. The power of purpose. Balancing purpose and profit.

Consumer 147

Consumer Beauty and Health Accessories Accounting 147

Inside Retail

FEBRUARY 29, 2024

Rent the Runway, a US-based fashion rental and retail company, recently announced the appointment of Natalie McGrath as its new chief marketing officer, effective March 4. The report also revealed that 131,735 active subscribers closed their accounts, representing a 2 per cent decrease from the end of the third quarter of fiscal year 2022.

Fashion 130

Fashion Payment Services Inventory Management Consumer 130

Independent Retailer

APRIL 6, 2021

Informa Markets Fashion, host to a comprehensive portfolio of apparel and sourcing fashion trade events including MAGIC, COTERIE, PROJECT, and SOURCING at MAGIC, confirmed the first slate of event dates planned for the second half 2021.

Fashion 52

Fashion Planning Marketing Apparel 52

Inside Retail

SEPTEMBER 1, 2021

Luxury fashion brand Hermès is under increasing scrutiny over what animal welfare groups have called “barbaric” crocodile farms in Australia’s Northern Territory (NT). Crocodiles are wild animals, not handbags.They are sentient beings who don’t deserve to languish in plastic-lined pens for the profits of French fashion houses.”.

Fashion 246

Fashion Planning Consumer Accounting 246

Inside Retail

JUNE 14, 2021

It’s taken for granted that consumers buy products from brands and retailers to wear or use in daily life. From fashion to jewellery to furniture, the specific application might vary across products, but the fundamental principle remains the same. Or does it? What’s driving this trend? .

Fashion 246

Fashion Consumer Accounting Marketing 246

Retail TouchPoints

JANUARY 11, 2022

But ongoing pressure from consumers, employees and even regulators has forced businesses — especially retailers — to reprioritize sustainability along with broader corporate social responsibility (CSR) strategies. Consumer Demands Accelerate Sustainability Priorities. of purchases.

Consumer 311

Consumer Merchant Services Fashion Accounting 311

Retail TouchPoints

NOVEMBER 10, 2021

This has significant implications for the retail and consumer packaged goods (CPG) industry across the product value chain. A recent IBM Institute for Business Value study polling retail and CPG executives revealed that by the end of 2021, nine in 10 will be working on sustainability initiatives across the enterprise.

Fast Fashion 272

Fast Fashion Fashion Consumer Accessories 272

Retail Focus

AUGUST 22, 2022

Launching in 2021, Alder & Green is re-establishing what a modern menswear brand should be, by developing responsible men’s shirts and accessories to encourage consumers to buy less and buy better. The clothing industry accounts for over 10 per cent of global carbon emissions. The new 480sq ft.

Fast Fashion 182

Fast Fashion Fashion Accessories Accounting 182

Retail TouchPoints

OCTOBER 6, 2021

will reach $11 billion this year and continue to grow steadily, accounting for $35 billion in sales and 3.3% We think about it as a way to engage with customers in much more meaningful fashion ,” said Kim Tunick, Senior Director and Head of Brand Experiences and Partnerships for Walmart at the Coresight event. of all U.S.

Returns 291

Returns Shopping Fashion Consumer 291

Rangeme

DECEMBER 7, 2021

As the year winds down, it’s time to review 2021’s retail predictions —and the surprises that popped up along the way. and global consumer packaged goods (CPG) suppliers and retailers clarity on adapting to and satisfying consumers’ evolving needs. November 11, 2021. November 15, 2021. , November 9, 2021. ,

Beauty and Health 52

Beauty and Health Consumer Grocer Shopping 52

Retail TouchPoints

FEBRUARY 23, 2021

31, 2021 was $160 million , putting the company back in the black but still down significantly from the $340 million generated in the same quarter the previous year. We anticipate annual digital sales to reach $10 billion within the next three years, and that digital will become an even more profitable contributor to our business.”.

Department Stores 211

Department Stores Returns Jewelry Apparel 211

Inside Retail

APRIL 25, 2022

In a statement via its official account on Weibo, a local social media platform, the brand explained that its departure was due to an “adjustment of the brand’s global strategy”. The next retailer that looks to be in trouble is fast-fashion titan H&M. Last August, Urban Outfitters announced it was exiting China temporarily.

Fashion 130

Fashion Accounting Fast Fashion Accessories 130

Independent Retailer

OCTOBER 26, 2021

Atlanta Apparel, which ran October 12 – 16 at AmericasMart Atlanta , wrapped up its last market of 2021 with pre-pandemic buyer attendance and its largest-ever number of resources, marked by a successful first-time expansion of temporary exhibits to five floors as well as growth across all sectors of the market. Live Selling.

Apparel 78

Apparel Boutique Accounting Outdoor 78

Inside Retail

APRIL 28, 2021

The Chinese fast fashion giant may be one of the most downloaded fashion apps around the world, but it continues to maintain a low corporate profile. Ask any consumer to name a fast fashion retailer and they probably think of H&M, Zara or Gap. billion (US$10 billion) in 2020. billion (US$10 billion) in 2020.

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Fast Fashion Fashion Target Market Consumer 162

Inside Retail

MAY 4, 2023

Ten years following the Rana Plaza collapse in Dhaka, Bangladesh – which tragically led to the death of 1,134 garment workers – a host of fashion and other retail brands have committed to improving the rights and standards of their supply chains, and creating a safer workplace for garment workers. million victims as of last year.

Fast Fashion 130

Fast Fashion Fashion Department Stores Consumer 130

Retail TouchPoints

JANUARY 25, 2022

But while it was one of the buzziest topics of 2021, and looks to stay that way in 2022, the metaverse itself isn’t a new concept. With it will come the meta-economy, which will power new opportunities for work, wealth, status and identity, and will impact how consumers communicate, play, shop and learn.”. 1: Infrastructure.

Consumer 268

Consumer Fashion Accessories Apparel 268

Retail TouchPoints

JULY 9, 2020

For the luxury category, the pandemic’s impact has been multi-faceted, raising the stakes for brands to have larger conversations around how the “luxury experience” is defined and created for an evolved consumer base. Trend 1: Evolving Consumer Priorities Could Depress Luxury Spending. trillion in current exchange rates.

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Clienteling Consumer Accounting Boutique 255

Inside Retail

MAY 29, 2022

Retailers in Southeast Asia, like elsewhere, have accelerated their adoption of digital platforms as consumers have been forced online to meet their everyday needs. Although physical stores will continue to play a role, the rise of technology and e-commerce has shifted consumer behaviour and preferences. DTC is poised to grow.

Social Commerce 130

Social Commerce Consumer Shopping Grocer 130

Inside Retail

MARCH 31, 2022

When the Nanjing-based company was established, in 2008, it was labelled a discount brand, selling ultra-cheap, of-the-moment fashion. Fast forward to 2020 and Shein had become the world’s largest online-only fashion firm, valued at more than US$30 billion ($40.1 At the time of writing, Shein’s official TikTok account has more than 3.7

Fast Fashion 130

Fast Fashion Payment Services Fashion Shipping 130

Inside Retail

DECEMBER 14, 2022

He was a distributor for international brands in China beginning in 1989, and in 1992 he created the women’s fashion label Sasseur. His role as a fashion brand distributor made his entrée into the factory outlet business a fairly natural step. Domestic fashion accounts for 34.7 Xu goes a long way back in retailing.

Accounting 130

Accounting Fashion Department Stores Shopping 130

Inside Retail

MAY 8, 2022

In the UK, in June 2021, according to IGD, quick grocery commerce was forecast to more than double in 12 months given the 13 per cent of the UK population already using quick commerce and a further 22 per cent professing interest in it. billion, and Europe’s Gorillas at $3 billion, Coresight reported in October 2021.

Fulfillment 130

Fulfillment Consumer Marketing Shopping 130

Retail TouchPoints

JULY 20, 2020

From supply chain disruptions to shifting seasonality and evolving fashion trends, a majority of America’s leading retail brands are constantly left with excess inventory that simply won’t sell. In the past, repurposing it required a meticulous approach that was equal parts complicated and time-consuming.

Inventory Management 149

Inventory Management Apparel Fashion Specialty Store 149

Indigo 9 Digital

MARCH 17, 2022

Amazon is the first channel consumers turn to when conducting a product search online ahead of even Google. If you are struggling with whether to sell on Amazon or if you already sell on Amazon and are wondering if you should stay on the platform then consider these 10 factors to help inform if whether Amazon is the platform for you.

Merchant Services 96

Merchant Services Advertising Shipping Wholesale 96

Inside Retail

MARCH 14, 2024

Later on, in 2013, the American consumer product goods conglomerate Sequential Brands Group acquired Revo. The opening of the company’s first US-based bricks-and-mortar shop in Soho is an especially important step to building Rebo Sunglasses’ brand awareness amongst new consumers. Then, it set up a direct-to-consumer channel. “It

Location 130

Location Wholesale Consumer Planning 130

Inside Retail

NOVEMBER 22, 2022

billion at today’s exchange rates, accounting for close to a quarter of the revenue from the company’s department store business. In 2021, there was a recovery of sorts but sales still remained almost 18 per cent below the pre-Covid level. trillion yen in the first nine months of 2021. In 2019, it brought in 233.5

Department Stores 130

Department Stores Boutique Accounting Returns 130

Retail Gazette

JULY 12, 2023

The Charity Retail Association , the national body representing charity retailers, said in 2022 their combined 9,000 shops saw sales rise 10% compared to the same period in 2021, raising approximately £360m a year. “When we started on the project, charity shops were the places where fashion went to die.

Shopping 98

Shopping Dead-Stock Boutique Fashion 98

Retalon

APRIL 14, 2021

A successful assortment strategy will need to take many different elements into consideration from a retailer’s identity and vendors, to store capacities, consumer demand, and profitability. Account for changing consumer behaviour and preferences. What is a broad (or wide) assortment in retail?

Markdowns 41

Markdowns Planning Location Accounting 41

Inside Retail

FEBRUARY 8, 2023

The space is the upper level of a three-level empty box, the two levels below having been left by upscale department store Bloomingdales , which closed in March 2021. Its public art includes “Wave” in Seoul’s K-Pop Square, and, in the summer of 2021, “Waterfall-NYC” and “Whale #2” in New York’s Times Square.

Department Stores 130

Department Stores Fast Fashion Shopping Location 130

Inside Retail

NOVEMBER 20, 2022

Monk tagged the brand on her Instagram account around 2019, and there was a huge spike in traffic to the website and sales. “We Schmidt said that their backgrounds were more in corporate and travel, and they didn’t have knowledge or experience in commerce, IT, manufacturing, social media, fashion, design, social media or importing.

Accessories 130

Accessories Boutique Wholesale Marketing 130

Indigo 9 Digital

FEBRUARY 28, 2023

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. After Forever 21 opened its first store in 1984 in the United States fast fashion started to gain in popularity. It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Inside Retail

JULY 11, 2022

It is visible and widely accessible to consumers in all areas.”. Grab is Southeast Asia’s largest ride-hailing and delivery company, with the latter accounting for a slightly larger share of gross merchandise value (GMV). billion, which was up 32 per cent on a year ago). You look at food delivery, it’s still in early teens.

Merchant Services 130

Merchant Services Payment Services Advertising Accounting 130

Inside Retail

AUGUST 24, 2022

billion in 2021. A piece of ‘land’ in Decentraland was recently marketed via non-fungible token (NFT) auction house OpenSea as “the cheapest land in the fashion street area”, with a price tag of US$10 milion. There is a consumer trust deficit. Recent data from Statista revealed the global metaverse market was worth US$38.9

Payment Services 130

Payment Services Consumer Fashion Customer Experience 130

Retail Gazette

OCTOBER 5, 2023

Archie Norman Archie Norman has spent the last six years overseeing food and fashion group M&S’s turnaround plan as it looks to re-establish its brand, win back consumers and return to profit. Sound familiar? Price stepped down as deputy chairman and managing director of Waitrose in 2016 after 33 years at the business.

Supermarket 109

Supermarket Department Stores Grocer Returns 109

Retail TouchPoints

NOVEMBER 9, 2022

While the initial consumer and media hype surrounding the metaverse seems to have simmered down from its 2021 highs, the virtual spaces that were the talk of the town last year continue to grow and attract visitors — consumers and brands alike. “

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Payment Services Consumer Marketing Apparel 289

Inside Retail

APRIL 24, 2023

With the return of tourism to New York after pandemic-related declines, luxury retailers are again betting on refreshed flagships to drive consumer interest and traffic. LVMH, the world’s biggest luxury group and Europe’s most valuable company, bought Tiffany in 2021 for $16 billion after an acrimonious legal battle.

Returns 130

Returns Accounting Location Management 130

Retail Gazette

DECEMBER 21, 2023

between 2017/18 and 2021/22. Rising prices put a squeeze on consumer spending throughout the year, and although inflation has finally started to ease, shoppers sill remain cautious with Accenture research revealing 64% of UK adults plan to reduce their spending over Christmas.

Grocer 113

Grocer Department Stores Fashion Planning 113

Rangeme

JULY 7, 2021

Innovation and staying ahead of trends are vital to success in the consumer packaged goods industry. June 10, 2021, marked KeHE’s fifth Trend Finder event (and third virtual event), one of the most successful ways their Category Managers can forage unique brands to add to their robust assortment. Get to know: Gwell.

Beauty and Health 98

Beauty and Health Management Accounting Marketing 98