Remove Accounting Remove Department Stores Remove Fast Fashion Remove Planning
article thumbnail

How Canningvale plans to take Robinsons Singapore back to its roots

Inside Retail

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. The future of department stores. Returning to its roots. ” .

Planning 147
article thumbnail

U.S. Apparel Resale to Double in Next Five Years, Fueled by Retailers and Brands

Retail TouchPoints

A whopping 81% of first-time thrifters said they plan to spend the same amount or more on secondhand in the next five years. At the same time, the rental and fast fashion sectors are expected to remain relatively flat, and department stores, value chains and mid-priced specialty retail will lose ground.

Apparel 295
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

New ultra fast fashion competitors like ASOS and Boohoo entered the market and did what Forever 21 did but better. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. In the 2000s the internet met fast fashion, and a slew of new competitors began to emerge.

article thumbnail

Candles to cleaning: Diptyque finds beauty “where no beauty is expected”

Inside Retail

In a crowded market like the home fragrance category, where everyone from fast fashion and beauty brands to discount department stores and pharmacists are selling candles, it’s near impossible to create and retain cut-through, much less develop an iconic brand synonymous with luxury and quality like 60-year-old Parisian brand Diptyque.

article thumbnail

2023 in review: 8 stories that rocked retail this year

Retail Gazette

The Range has since started opening Wilko stores and owner Chris Dawson told Retail Gazette earlier this month that he plans to open 40 more next year. Although White has had some successes, such as the launch of John Lewis value range Anyday, some elements of her plan such as its foray into housing has been met with criticism.

Grocer 103
article thumbnail

Frasers vs Next: How big are their growing retail empires?

Retail Gazette

Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders. The furniture brand, which had concessions in House of Fraser, reportedly suffered after the department store fell into administration in 2018. Next plans to relaunch Joules in October.

Fashion 62
article thumbnail

Jason & Scot Show Episode 316 Annual Predictions 2024

Retail Geek

So there’s no, no, no planning or, or, you know, kind of swapping and prediction. And I think the ones that are getting hurt are the non-fast fashion, the slow, the glacierly slow fashion. So that’s a part of the fun.