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

Inside Retail

We currently live in an era marked by economic uncertainty, environmental consciousness, and a desire for uniqueness, Australians are increasingly embracing second-hand shopping. The hunt for the thrill of it One of the driving appeals of second-hand shopping lies in the exhilaration of the search, the dopamine release gained in the hunt.

Shopping 130
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Retail Pricing is a Science – Not an Art

Retail TouchPoints

When done correctly and with statistically significant datasets, brands can redesign their pricing strategy and architecture with smart Good, Better, Best tiering as well as intentional channel and market strategies — setting prices based on the unique consumers in each market and that shop specific channels.

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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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Athleta Moves Further into Resale, Off-Price

Retail TouchPoints

s Athleta brand has teamed up with ThredUP and Shop Premium Outlets to pilot a new resale program and expand further into the off-price sector, respectively. Off-Price Online with Simon and Rue Gilt Groupe. Gap, Inc. ’s Resale with ThredUP.

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

Inside Retail

Consumer demand has evolved beyond conventional music purchases to encompass a diverse range of products, including limited-edition collectibles, branded apparel, and beauty product collaborations. In contrast, prices in the pre-loved market can change based on how rare it is. million KRW ($1029).

Shipping 130
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Reebok Pacific GM talks new Chadstone store and growth plans down under

Inside Retail

The brand has a range of partnerships in the works, and recently opened its first domestic flagship – a 167sqm store at Chadstone Shopping Centre, showcasing new trends and styles, and introducing new customers to the vintage brand. Those price increases across multiple brands are certainly putting pressure on spending as well.

Planning 246
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Omnichannel Pricing is Critical for This Year’s Back-to-School Shopping

365 Retail

Shoppers looking forward to having their school-age children back to in-person learning this autumn are eager to shop earlier and spend more than in recent years. Conversely, 78% of shoppers ‘often’ or ‘always’ shopped in store pre-COVID, which fell to just 39% in spring 2021. Science-Based Pricing is Now Imperative.