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1 week ago | 
insideretail.us | Sean Cao |Tong Van |Celene Ignacio
Sports retailer Lids has reinvented its store concept with a strong focus on personalization to elevate the shopping experience. The new format features a modernized layout, an enhanced ‘Custom Zone’, and an expanded selection of exclusive products that emphasize on individual styles. The reimagined Custom Zone offers shoppers even more personalization options for their hats and jerseys. The space features ‘Build-A-Cap’ kiosks allowing shoppers to digitally personalize headwear directly in store.
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1 week ago | 
insideretail.com.au | Sean Cao
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1 week ago | 
insideretail.com.au | Darshana Gupta |Celene Ignacio |Kaycee Enerva |Sean Cao
Sydney’s Greystanes shopping centre has been sold for $76 million by the Region group to Revelop, a private retail investment group, as neighbourhood shopping centre prices rebound. The Revelop group struck the deal at a rate of $12,639 per sqm on a yield of 5.5 per cent, which represented the lowest capitalisation rate paid for a neighbourhood shopping centre above $50 million in the last three years.
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1 week ago | 
insidefmcg.com.au | Sean Cao
New Zealand’s Commerce Commission has granted clearance for Woolworths’ proposed acquisition of Beak & Johnston. The regulator said it had considered the potential impact of the acquisition on competition in national markets for slow-cooked meats, chilled and canned soups, chilled and frozen ready-made meals, and pies. After the review, it concluded that the deal is unlikely to substantially lessen competition in any New Zealand market.
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1 week ago | 
insideretail.com.au | Sean Cao |Celene Ignacio |Kaycee Enerva |Anil Prabha
Movado Group has posted lower sales and profit for the year ended January 31. The company’s net sales decreased 1.7 per cent to $653.4 million, reflecting declines in US wholesale customers’ brick-and-mortar stores and company-owned outlets. US net sales slid 4 per cent, while international net sales improved 0.2 per cent. On the bottom line, operating income decreased by more than half to $20 million and net income fell 55 per cent to $18.4 million.
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1 week ago | 
insideretail.us | My Nguyen |My Nguyễn |Tong Van |Kaycee Enerva |Sean Cao
Nike has collaborated with Kool-Aid to launch the limited-edition sneaker collection – Nike x Kool-Aid Ja 2 – inspired by NBA star Jar Morant’s signature Nike line and his childhood Kool-Aid flavors. The May release blends Morant’s performance and personality, with a blue and pink palette, the KoolAid Man pattern and a glow-in-the-dark phase on lime-green sole. The Kool-Aid red editions, reflecting Morant’s on-court culture, will drop in July and share the same design.
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1 week ago | 
insideretail.us | Darshana Gupta |Tong Van |Kaycee Enerva |Sean Cao
Multifunctional lifestyle and shapewear apparel brand, Popilush, will bring its products to luxury retailer Nordstrom through a new distribution partnership. This will be Popilush’s first expansion outside Amazon and its direct-to-consumer channels. Twenty-eight of Popilush’s best-selling styles, including dresses, bodysuits, skirts, and swimwear in sizes ranging from XS to 6XL will be available in the initial launch.
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1 week ago | 
insideretail.us | Sean Cao |Tong Van |Kaycee Enerva
Movado Group has posted lower sales and profit for the year ended January 31. The company’s net sales decreased 1.7 per cent to $653.4 million, reflecting declines in US wholesale customers’ brick-and-mortar stores and company-owned outlets. US net sales slid 4 per cent, while international net sales improved 0.2 per cent. On the bottom line, operating income decreased by more than half to $20 million and net income fell 55 per cent to $18.4 million.
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1 week ago | 
insideretail.asia | Irene Dong |Tamera Francis |Sean Cao |Kaycee Enerva
LVMH-owned perfumery house Maison Francis Kurkdjian is expanding its global footprint, launching its first physical location in Vietnam. Located in Hanoi’s Vincom Center Ba Trieu, the store is in partnership with beauty distributor Luxasia and offers a range of Maison Francis Kurkdjian’s collections, including Baccarat Rouge 540, A La Rose, and the Oud collection. The brand also has a counter at Crescent Mall, Ho Chi Minh City.
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1 week ago | 
insideretail.asia | Arriana McLymore |Tamera Francis |Sean Cao
Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers on US social media, are sharply cutting their US digital ad spending, industry data show, in a blow to tech companies such as Meta’s Facebook and YouTube. The online retailers, both of which ship low-priced China-made goods direct to US shoppers, had been on an ad spree until recently, targeting younger, thriftier shoppers in digital media.
