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Retail Pricing is a Science – Not an Art

Retail TouchPoints

With margins being squeezed from rising inflation and inventory challenges, brands need to better align pricing with the current market conditions and consumer demand. Today, most pricing decisions are based on intuition, competitive benchmarking and/or past sales. The Four Pricing Pillars Brands Must Consider.

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The rise of second-hand shopping in Australia: A cultural and economic shift

Inside Retail

Once regarded as a have to for those on tight budgets, purchasing pre-loved items has now evolved into a mainstream retail trend, fuelled by a combination of psychological drivers and shifting consumer values. As a result, consumers are turning and looking to second-hand shopping as a more sustainable alternative to fast fashion.

Shopping 130
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How Global Bunjang taps into the secondhand K-pop merchandise boom

Inside Retail

The international success of prominent K-pop artists such as BTS, Blackpink, and Stray Kids has catalysed unprecedented levels of consumer engagement, resulting in expanded market opportunities for merchandising. In contrast, prices in the pre-loved market can change based on how rare it is. million KRW ($1029).

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Sustainability Update: eBay to Sell ‘Imperfect’ Apparel in UK, Adore Me Launches Sustainable Fashion Marketplace

Retail TouchPoints

Conscious consumption is on the rise and two big names in retail have launched new programs to tap into the consumer appetite to shop sustainably. Items are available at up 60% off retail prices. eBay UK Features ‘Imperfect’ Products from North Face, Puma and More. ”

Fashion 278
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How Brands can Drive Sales with Innovative Textiles

Retail TouchPoints

As consumers become increasingly proactive and sophisticated when it comes to their health, they are more interested in purchasing wearable technology than ever before. Brands and consumers alike can create change by investing in textiles that offer inherent physiological benefits. However, monitoring only goes so far.

Consumer 264
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Athleta Moves Further into Resale, Off-Price

Retail TouchPoints

The program will be piloted with a randomly selected group of customers, who can now shop the new Preloved section on the Athleta website for gently used products at up to 90% off the original retail price. Off-Price Online with Simon and Rue Gilt Groupe.

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Three businesses, three takes on navigating the dip in discretionary spending 

Inside Retail

Consumer confidence is down, but retail rents are on the rise, and by June 30, it’s tipped that over 10,000 retail companies will enter external administration. KPMG’s latest Retail Health Index suggests that nominal growth is practically non-existent and industry insolvency numbers are higher than pre-pandemic levels.

Consumer 279