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Exclusive Q&A: EY Defines 5 Post-Pandemic Consumer Segments

Retail TouchPoints

In 2018, Ernst & Young (EY) launched an ambitious project called FutureConsumer.Now , to model scenarios that would challenge present thinking about future consumers. For example, in June, three months after the shutdowns began, 42% of respondents said the way they shop will fundamentally change as a result of the outbreak.

Consumer 279
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Behind Documents’ path to luxury fragrance leadership in China

Inside Retail

As such, it commands premium retail prices – nudging 1000RMB ($140) per 30ml bottle – and has drawn investment from French giant L’Oreal’s venture capital fund, Chinese online luxury accelerator Ushopal , and spirits giant and Chivas Regal parent Pernod Ricard. And here is where Zhaoran’s distinction is grounded.

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Why sales of fine jewellery during Covid defied expectations

Inside Retail

It’s counterintuitive but consumer shopping behaviour for jewellery during Covid has dramatically increased,” Marty Hurwitz, founder and CEO of data and research company MVI Marketing Ltd., told Inside Retail. The company saw a 29 per cent increase year on year to €714.3 million for the first quarter of FY21.

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BREAKING: JD Sports broke competition law with Leicester City price fixing

Retail Gazette

In August 2018, JD Sports agreed to stop selling Leicester City-branded clothing online for the 2018/19 season and in January 2019, agreed that it would not undercut the football club online by making the club’s merchandise exempt from its free online delivery for all orders over £70 offer. It was handed a near £1.5m

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Does Being “Left to Guess” Establish Standing for Injunctive Relief After TransUnion?

Hunton Andrews Kurth

In recent years, consumers filed a spate of class actions claiming that retailers misrepresented the retail price on discounted goods to mislead consumers into thinking they were obtaining a bargain. Kimberly-Clark Corp. , 3d 956 (9th Cir. Ramirez , 594 U.S.

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Goat Group: 7 Things You Need to Know About its Strategy & Growth

Indigo 9 Digital

On Grailed you can shop for hard to find clothing from the likes of Raf Simons, Gucci, Saint Laurent, Balenciaga and other luxury brands. While you may have paid ten times the retail price for a rare pair of Jordans, not everything sold on Goat is at large markup to the retail price.

Apparel 97
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Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items.

Consumer 130