I agree to the privacy policy and wish to receive Eastland's newsletter containing the latest news and offers. After revealing on Tuesday that it had deleted about 100 domestic and international brands from its 67 stores, Australia's largest department store chain started a "massive spring clean sale" on Wednesday, less than a week after wrapping up its mid-year clearance sale. Many of the brands being offered by department stores can just as easily be purchased from high street specialty stores, Dr Grimmer said, and thats a problem because the specialty stores offer a better customer experience. Men's: Nicce London, Dr Denim, Reebok, Mr Simple. Restructuring, redundancies and brand losses hit Myer - The New Daily No ones going to buy a Myer suit, but they might buy a Blaq suit which is the same thing, he said. AFL appoints Andrew Dillon as next chief executive, Greenwich to sue Latham over homophobic tweet, Man in court for shocking attack on soccer referee, Indigenous Voice is wrong and potentially quite dangerous: Abbott, Watch: Paramedic farewelled, Greenwich legal action, Referee assault, Support overwhelms referee as alleged attacker jailed, NRL concedes knock-on error on crucial golden point call for Raiders, Home values rise as housing market downturn wanes, Search for missing man continues after body found, The New Daily uses cookies. Names that Peaked in 1912. There are about 40 new brands in womenswear, spread across categories including daywear, evening, active and curve, and about 30 in menswear. Credit: Graham Denholm. . This logo can still be seen at some locations. Peter Rae. Analyze your Baby Name DNA and find the names that match your unique style. If theres one thing upscale department stores are known for its big-name brands. The store has said exclusive brands is one of its focus areas, and in 23 stores it has experimented with making the products more prominent with encouraging results on sales. But QUT retail guru Gary Mortimer told news.com.au that while private label could be easy to spot in supermarkets just look for the Coles or Woolies brands in department stores it was far tricker. Indeed, DJs fancy new shoe heaven floor at its Sydney CBD flagship store boasts Jimmy Choo, Louboutin and Balenciaga. Its the Aldi effect. Copyright 2023 The New Daily. More new brands set to feature nationwide are Paper London, Alice & Olivia, Torrance, Proenza Schouler White Label, Karl Largerfeld Paris, Rotate Birger Christensen, Aeryn and Fiorucci. Myer claws back into the black but sales still down But while fashion might be ripe for a department store own-brand takeover, there are several categories where brands reign supreme and likely will do for some time. Myer Exclusive Brands (MEBs) mix as well as lower promotional markdowns and shrinkage. document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_6" ).setAttribute( "value", ( new Date() ).getTime() ); Fill out the form below and click the 'Download Now' button to read the full report on MARKETING TO MILLENNIALS. The companys online sales grew by 25.2 per cent to $168.2 million during the half but not enough to counter in-store declines. However, what is considered a private label is becoming a grey area.
