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Beating expectations: Is Hermes immune to the global downturn?

Inside Retail

Gucci, which accounts for half of the group’s annual sales and two-thirds of its profit, was down 25 per cent in the quarter. He added that the loyalty of Hermes’ clientele has contributed to maintaining stable sales figures, despite prevailing global economic uncertainties. Fashion and leather goods fell 5 per cent to €9.15

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The Digital Checkout: How Tech is Revolutionising Online Transactions

Retail Focus

As we approach more advancements in the payments sector, it is crucial to comprehend how technology is transforming this vital industry and its implications for financial institutions and their clientele. What led to the fundamental role of digital payments in payment models?

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The Future of Retail is Multilingual

Retail TouchPoints

A real-time translation technology will allow you to cater to a diverse, global clientele and drive sustained growth. She also possesses a strong background in managing localization programs and accounts, having served as a Director of Customer Success and a Localization Program and Account Manager.

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Building Tomorrow’s Retail IT: Strategies for 2025 and Beyond

Retail TouchPoints

For retailers, a successful phishing attack can compromise operations to the point of needing weeks of auditing and removal of accounts, regardless of the additional expensive payouts on top. Shaping a Service-Focused Organisation Investing in your IT is a necessary way to give your operations a competitive edge in todays business landscape.

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As Microsoft shuts stores in China, are authorised retailers still relevant?

Inside Retail

Accounting and strategic advisory MSA said in its report, ‘Consumer Electronics in China: Market Trends and Future Outlook’, that brick-and-mortar stores remain significant in China as many customers still prefer to visit physical stores to see and test electronics before buying.

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Behind Desigual’s repositioning and its Asia Pacific expansion

Inside Retail

Tim O’Rourke: Desigual has been available in Australia for more than a decade and is sold in a wide range of wholesale accounts. Inside Retail: What are the reasons behind Desigual’s return to Australia? IR: What are the plans for Desigual in terms of new market entries or product developments in Asia Pacific? BK: Absolutely.

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Does Procurement Play a Role in Retail Recovery?

Retail TouchPoints

For most types of consumer retail stores, the pandemic scared regulars away, diminished traffic from visitors, altered consumer preferences, snapped formerly reliable supply chains and required dramatic shifts in the way stores serve their clientele.