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Inside Retail: What are the reasons behind Desigual’s return to Australia? Tim O’Rourke: Desigual has been available in Australia for more than a decade and is sold in a wide range of wholesale accounts. Growing our existing wholesale partners is the main goal and the genesis of the push for further brand presence in the market.
We’ve had customers shopping while on vacation in another city, who continue to shop with that sales associate from afar after returning home. We continue to increase the use of our clienteling platform to connect our customers with our stylists, spur repeat purchases and help deliver a more personalised experience.
But when it had to shutter all of its locations, Argent prioritized building its DTC ecommerce business and eventually expanding into wholesale. Now Argent is riding a growth wave fueled by a wholesale partnership with Nordstrom and its latest foray into denim.
The retailer noted the impact of the tourist tax, highlighting that UK performance continues to be driven by “domestic clientele with minimal return of tourist spending due to the lack of VAT free shopping”. For the year ahead, Watches of Switzerland expects adjusted EBITDA to rise between just 0.2 – 0.6%.
These experiences create trust, reduce returns and enhance customer lifetime value,” she said. I think the most important thing [to know] about our clientele is that the biggest luxury they crave is time. The key to catering to the 1 per cent consumer, Kaminetsky revealed, is offering them the one thing money can’t buy: time. “I
In Singapore, sales at travel-specialised retailers like The Travel Store and Winter Time have already increased by 10-15 per cent following the recent announcement of quarantine-free travel lanes for vaccinated travellers returning from Australia, Switzerland, and a handful of neighboring Asian countries.
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