Remove Department Stores Remove Marketing Remove Retailing Pricing Remove Shopping
article thumbnail

How Korea’s big 3 department stores are killing it right now

Inside Retail

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). trillion KRW ($2.1

article thumbnail

What Loewe’s new Melbourne store says about evolving menswear industry

Inside Retail

Loewe and Canada Goose’s entry into the Australian market highlights the resilience of the luxury sector, and reinforces the notion that the affluent are less hamstrung by rising interest rates, and other cost-of-living challenges. However, he said that the department store would continue to emphasise its value-for-money offering.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Moss Bros launches menswear subscription service

365 Retail

If the customer finds what Moss Bros calls “a keeper” there is the option to buy for up to 50% off the retail price. He added that the Covid-19 pandemic has seen a shift in trends towards sustainable fashion and a move away from the fast-fashion culture of the past, as shops were shut. billion by 2029. Moss Bros / PA).

article thumbnail

Why modern retailers must provide “much more” than what they are selling

Inside Retail

With the rapid evolution of digital channels and online shopping, a global pandemic, and supply-chain challenges, retail is evolving at an unprecedented pace. Customer expectations of engagement and experience in retail are changing equally quickly. Bolduc says ‘data paralysis’ is a real thing. Don’t over-use the channel.”.

article thumbnail

Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items.

Consumer 130