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Watches of Switzerland UK sales impacted by ‘minimal return’ of tourist spending

Retail Gazette

The retailer noted the impact of the tourist tax, highlighting that UK performance continues to be driven by “domestic clientele with minimal return of tourist spending due to the lack of VAT free shopping”. Sales in the US grew 6% to £846m, but sales in the UK and Europe dropped 5% to £846m “impacted by macroeconomic conditions in the UK”.

Returns 59
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Meet Nakedvice, the brand founded by best friends in the Sportsgirl stockroom

Inside Retail

Both Miller and Gargan worked at Tiger Mist, another Australian fashion brand, before Miller moved on to work at Sass & Bide and Gargan went into product development at S&R Fashions, a design, development and supplier of women’s fashion garments to retailers and branded wholesalers.

Boutique 130
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A day in the life of Rebecca Vallance-Gasan: “I am hyper-organised”

Inside Retail

Australian fashion label Rebecca Vallance recently celebrated its first decade in business with the opening of a brand-new Sydney flagship boutique. The plan is to reach 20 stores globally within the next few years, with a focus on strategic growth across both the direct-to-consumer business and international wholesale.

Fashion 147
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China, digital and brand collabs: Here’s what’s next for Papinelle

Inside Retail

Founded by Renae James in 2003, Papinelle sells pyjamas and loungewear made out of natural fibres, such as organic cotton and silk, through a handful of its own stores in Australia and New Zealand and wholesale partnerships with Nordstrom and Dillard’s in the US. Papinelle currently has three boutiques in Australia and two in New Zealand.

Boutique 130
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Welcome home: Melbourne womenswear label Steele opens first physical store

Inside Retail

As a frequent visitor to Bali, my love of breezy island life and the fashion it inspired continued to linger, long after I returned to urban life. In the first six years of business, we purely focussed on the global wholesale market. I founded Steele in 2010 after almost a decade in the industry as a fashion buyer.

Fashion 130
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Christmasworld 2023 on course for success

A1 Retail

Following the expiry of the early-booking discount, the response from exhibiting companies at the leading international trade fair for seasonal and festive decoration has been so overwhelming that the planned layout of the exhibition grounds is being optimised. “As a wholesaler, we are part of the driving force behind the retail chain.

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Buckle Up, Retailers: Strategies For Growth During The Most Frugal Holiday Season Ever

Retail Minded

Around a quarter of Brits plan to spend less, while a staggering 52% of Americans admit they can’t afford Christmas expenses at all this year. Many retailers already plan to follow suit, running mass promotions for extended periods in the lead-up to Christmas day. . Use Intelligent Inventory Planning. Be Operationally Sound .