American retailer J.Crew tipped to arrive in Australia

American retailer J.Crew tipped to arrive in Australia
Jonathan ChancellorFebruary 10, 2015

The American retailer J.Crew is reportedly the latest global retailer to head towards Australia.

According to the ragtrader website, citing a fashion forecast from IBISWorld, J.Crew will follow the likes of Zara, H&M, Sephora, Uniqlo and Topshop to set up shop Down Under.

IBISWorld suggest Marks & Spencer is also in line to seek Australia outlets.

IBISWorld reckons Australia's love affair with affordable fashion-forward clothing has fuelled strong industry growth over the past five years, with revenue rising by an estimated 8.7% annualised to reach $1.1 billion in 2013-14.

"Fast fashion retailing is a relatively new concept and has been driven by persistent consumer demand for new styles and designs on an increasingly frequent basis," IBISWorld advise.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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Retail

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