James Murray’s Post

Last week the Cornish lifestyle brand Seasalt, opened up about it's plans for a roll out of 20 stores across the US over the next 3 years, with the first store opening in New England next summer. Over the years the term "cracking the US" has been spoken of with some trepidation by UK retail businesses as for some, the odyssey of exploring the opportunities within the US markets hasn't always been plain sailing. Whilst some brands such as Gymshark and Boden have done incredibly well online, with Boden over the last few years selling more womenswear than any other British brand in America, navigating American geography when it comes to expanding bricks and mortar retail can be difficult. Burberry, Charles Tyrwhitt, Reiss, Superdry and Primark are good examples of those managing to successfully expand and demand a stronger stores presence in the US and it seems to be catching. Although the US still faces some uncertain economic challenges, the commercial real estate costs have become cheaper in recent times, which could see more opportunity for retailers to grow their footprint. Having a physical retail existence in new territories usually demands a substantial people presence on the ground. Seasalt has appointed Jason McNary as consulting director of North America; but the balancing act of finding an extensive leadership team that both understands the story, vision and core values of a British brand as well as the retail landscape and customer needs of a complex US market can be incredibly challenging. At Flint Hyde we have worked on many assignments for consumer brands expanding their leadership teams to explore international growth. Both our client and candidate network is truly global and we have first hand experience of navigating such complex assignments that include candidate relocation and overseas talent searches. For more information on this, visit our website (link in bio) or follow us on LinkedIn for updates. #retailexpansion #internationalretail #USAretail #UK #Internationalsearch #USconsumerbusiness

Retailers are backing bricks and mortar again, offering more flexibility, product exposure and personalised service for their customers; and it isn't stopping in the UK. International expansion strategies are back! 💥 #retail #retailexpansion #stores #internationalretail #USAretail #Internationaltalent

Midsummer Place in Milton Keynes will soon be welcoming two new exciting additions to its line up: Frasers Group's Sports Direct and Lane7. Sports Direct will offer a wide range of sports and lifestyle brands in their 50,000 sq ft store, while Lane 7 will bring their unique entertainment concept to the 40,000 sq ft space.   This expansion and repurposing of space further solidifies Midsummer Place as a top destination for fashion and entertainment, with both brands adding to the diverse mix of current retailers and F&B offerings.   Simon Anderson, Asset Manager at Ellandi “Securing both Frasers Group’s Sports Direct, and Lane 7 for Midsummer Place demonstrates both confidence in the market as well as highlighting the opportunity at Midsummer Place. These brands will complement the recent re-development of The Boulevard F&B quarter. We are transforming the centre, and in addition to the physical changes we are curating a very attractive tenant mix. This brings us one step closer to realising our vision to create a high-end, quality destination.”   Thanks also to Tom Ellams, Senior Asset Manager for getting this over the line. https://lnkd.in/eXiJ9WyN #destinationshopping #repurposingspaces #vibrantshoppingcentres #assetmanagement

Question of the day: What is the secret to company longevity? When we think of companies that have been around for a while and have established themselves as a well-known successful company, these are a few that come to mind: - Yuengling is America's oldest brewery and sixth-generation owned and operated. - The New York Times: Since 1851, The New York Times has been reporting stories from around the globe that no one else was telling. - Coca-Cola is a global symbol of American tastes. They are known for their products, iconic bottles, and over 125 years of advertising. - UPS is the world's largest package delivery company. - JCPenney is the nation's largest retailer of apparel, home, jewelry, and beauty merchandise. - Harley-Davidson is the most desirable motorcycle brand in the world. - Frankford Shade manufactures quality umbrellas that are provided to restaurants, resorts, and hotels in thousands of locations throughout the United States, Mexico, Canada, and the Caribbean. There are a few factors that drive long-term success for businesses. These factors include company culture, values, ability to change, and ability to listen to customers. #FrankfordShade #companyhistory #longevity

It's a new year and most companies will surely want to grow and increase their revenues. 📈 To help companies in this regard, some smart guy called "Igor Ansoff" decided to produce a growth matrix. He came up with 4 growth strategies: -Market penetration. -Product development. -Market extension. -Diversification. Market penetration: You sell casual clothes in San Francisco. You have just one store in the city, so you decided to open 2 new pop-up stores in other busy parts of town. To attract new customers, to begin a "20% off" sale for purchases above $75. Product development: Business is good, but you need more revenue. You realise that the professionals in the city like athleisure. So, you decided to add "athleisure" and "outdoor" apparel sections to your 3 stores. Market extension: Now sales have doubled, but the Oliver Twist in you wants more. So you decided to open 2 new stores in Los Angeles and San Diego. You still carry the casual, athleisure, and outdoor apparels in the new stores. Diversification: In a few years, you look back at see how far you've come. You say to yourself: "the sky is the limit". You decided to follow you childhood passion of being a restaurateur. So you open a nice place in New York to serve nice-tasting meals. #business #growthstrategy #management _____________ Looking to become a "growth enabler" in your company? Our FREE "business acumen" course is you best bet. It can be completed in 36mins. 🔗 in the comment section.

The Ansoff growth matrix provides different avenues for companies to extend their market share including their product lines in their current and new markets. When properly done, companies can compete profitably and survive longer in the marketplace.

'The High Street is dead' they said ; 'Physical Retail is past it' - they said.... 🤔 However in the meantime.... Holland & Barrett are opening 13 news full stores next year plus a load of concessions - plus a couple of new stores this month 🤩 Marks and Spencer are opening 6 new stores in November, and reopening 3 stores after renewals. Castore has opened in over 25 locations in the past year and is planning to open in Bluewater and in Grafton Street in Ireland. FOOTASYLUM has been opening some big stores in big locations over the last few months with more to come before the end of the year. '...bricks and mortar retail as "pivotal" to the growth of the business' 🙌 . B&M Retail are set to open 125 new stores The Range is opening 5 new branches across the UK. UNIQLO is opening a couple of new locations in the UK in the new year, on Tottenham Court Road, and Princes Street, Edinburgh. SEPHORA is opening its second UK location next week in Westfield, Stratford. Rituals UK & Ireland is opening 25 new stores over the next year. Sostrene Grene has been opening new stores throughout the UK over the last year, and has plans to open c. 100 by 2030. Monsoon Accessorize and MANGO are both looking for new locations. TK MAXX have opened a couple of stores in the last few weeks. Superdrug is rolling out c. 25 new stores Lone Design Club an amazing pop up for exciting sustainable brands that has started in London has some exciting non London openings in Canterbury and Colchester. raye the store is another amazing exciting pop up for emerging food , drink , wellness and beauty brands. It has an edition open at seven dials , Covent garden at the moment. The Pop-Up Club have been popping up in great locations with a new location in Brighton this week. ⚡ Phew 😅 .. and this is only a tiny snapshot - there are tons more big and smaller retailers opening, lots of new #popups, and loads of new exciting #indie openings too. Physical retail is far from dead! But it is evolving and adapting. 🛍 #newstores #retailnews #HighStreetPositives

Yet another #onlineretail giant opting to go "physical". It's further evidence of the demand from consumers for an in-store shopping environment, and also demonstrates the value of experience in #retail. This is such encouraging news for the future of #retail and #retaildestinations. #retailintelligence #retailinsights #consumerbehaviour #highstreets #shoppingcentres #retailparks #tri2024 Rendle Intelligence and Insights

Unlocking China's Industrial Zones: A Guide for British Buyers(No.1) 1. China Button Industrial Zone In the China Button industrial zone, located in Wenzhou Yongjia Qiaotou Town, buttons command a staggering 70% share of the national market. _________ 2. China Wedding Dress Industrial Zone In China, the wedding dress industry Zone spans across various regions, including Tiger Hill District in Suzhou, Dongji Town in Anhui Liyuan, and Chaozhou in Guangdong. _________ 3. China Slippers Industrial Zone In China, slippers produced in Jieyang City, Guangdong Province and Cixi City, Zhejiang Province are the most cost-effective. _________ 4. China Makeup Brush Industrial Zone Luyi County, Henan Province is known as the "Hometown of Makeup Brushes in China". In addition, There are also many manufacturers of makeup brushes gathered in Cangzhou, Hebei, Shenzhen, Guangdong, and Yiwu, Zhejiang. _________ 5. China Lingerie Industrial Zone Lingerie produced in Guanyun County, Lianyungang, Jiangsu Province accounts for 70% of the world’s export share. _________ 6. China Curtain Industrial Zone Shaoxing City, Zhejiang Province. _________ 7. China Leather Bags Industrial Zone Shiling Town, Huadu District, Guangzhou is called "China's Leather Goods Capital".The leather bags produced in Shiling Town account for 80% of the domestic leather goods market share. The quality of their mid-to-high-end products is mainly exported. _________ 8. China Luggage Industrial Zone Baigou Town, Baoding City, Hebei Province is known as the "Luggage Capital of China". The bags they produce are of slightly lower quality, but the prices are also lower. _________ 9. China Suitcase Industrial Zone Suitcases produced in Pinghu City and Yiwu City in Zhejiang Province are mainly exported. Besides, Qianku Town, Cangnan County, Zhejiang Province, is known as one of the largest luggage production and processing bases in China. _________ 10. China Beauty Industrial Zone The Beauty Town in Wuxing District, Huzhou City, Zhejiang Province, the Beauty Town in Datang Town, Sanshui District, Foshan City, Guangdong Province, and the Oriental Beauty Valley in Taixian District, Shanghai, are all well-known cosmetics production areas in China. _________ I will continue to update other manufacturing clusters in China, follow me to learn more. You can also continue to pay attention to our website: worldinhalls.com

It's a new year and most companies will surely want to grow and increase their revenues. 📈 To help companies in this regard, some smart guy called "Igor Ansoff" decided to produce a growth matrix. He came up with 4 growth strategies: -Market penetration. -Product development. -Market extension. -Diversification. Market penetration: You sell casual clothes in San Francisco. You have just one store in the city, so you decided to open 2 new pop-up stores in other busy parts of town. To attract new customers, to begin a "20% off" sale for purchases above $75. Product development: Business is good, but you need more revenue. You realise that the professionals in the city like athleisure. So, you decided to add "athleisure" and "outdoor" apparel sections to your 3 stores. Market extension: Now sales have doubled, but the Oliver Twist in you wants more. So you decided to open 2 new stores in Los Angeles and San Diego. You still carry the casual, athleisure, and outdoor apparels in the new stores. Diversification: In a few years, you look back at see how far you've come. You say to yourself: "the sky is the limit". You decided to follow you childhood passion of being a restaurateur. So you open a nice place in New York to serve nice-tasting meals. #business #growthstrategy #management _____________ Looking to become a "growth enabler" in your company? Our MBA course is you best bet. It can be completed under 4hrs. 🔗 in the comment section.