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Three trends shaping the luxury retails sector in 2025

Inside Retail

Despite modestly positive expectations for 2024, the luxury retail market did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion. billion market in 2023.

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The “Great Mall Resurgence” in the American retail market

Inside Retail

However, in the past two decades, the American mall has been standing on shaky ground due to factors like the 2008 recession and, more recently, the butterfly effect of the Covid-19 pandemic. The post The “Great Mall Resurgence” in the American retail market appeared first on Inside Retail Australia.

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EuroShop 2023 Preview

Retail Focus

These cutting-edge solutions will help retailers optimize customer loyalty and stay ahead of the curve in an ever-evolving market. EuroShop 2023 will also be focusing on key topics such as Connected Retail, Smart Store, Energy Management, Third Places, Customer Centricity, Experience and Lively City Centres.

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Clarks UK managing director and chief product officer depart

Retail Gazette

Clarks UK and Ireland managing director Bob Neville and chief product officer Victoria Jones have left the business. Jones leaves the footwear retailer after more than six years, having joined in March 2018 as head of retail marketing for UK and Europe and taking several roles before becoming chief product and merchandising officer in 2021.

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FASHION HOUSE opens €25m outlet centre in Bucharest

Retail Focus

Situated at the exit to the A2 Cernica motorway, 25 minutes from the city centre and 45 minutes from Henri Coanda International, FASHION HOUSE Pallady is easily accessible to the City’s two million residents as well as its growing tourism market with parking provision for more than 300 vehicles.

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Retail Renaissance – The Trends Transforming 2025

Retail Bound

Data-Driven Decision Making Data analytics and insights are becoming indispensable tools in retail strategy. Predictive analytics enables brands to anticipate consumer needs, optimize pricing, and enhance inventory management. In the future, data-driven strategies will be at the core of successful retail operations.

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Why Customer Reviews Help Product Brands Expand in Retail

Retail Bound

In doing so, startups can not only meet the demands of online consumers but also prepare for the expectations of a wider retail market. Building a Positive Review Strategy For startups, having a strategy to garner and manage positive reviews is crucial. Have you considered launching your product brand in retail?