Inside Retail

DECEMBER 19, 2023

Hear the phrase ‘fashion waste’ and most people immediately associate it with the fast-fashion industry producing products with short lifespans, ultimately destined for landfills. Meanwhile, sustainable fashion business models like resale, rental and repair only unravel the post-consumer garment waste problems.

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Retail TouchPoints

JUNE 8, 2023

In fact, the sneaker resale market in the U.S. This article will discuss the sneaker resale trend, major indicators of fraud for retailers to be aware of, and how merchants can combat sneaker fraud using machine learning. Heeling and Dealing The sneaker resale market is a lucrative industry.

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Inside Retail

JANUARY 18, 2024

Its hybrid consignment model and curated in-store shopping experience have made it a go-to destination for economic and environmental shoppers who still want to be fashion-forward. Inside Retail spoke to Olivia Magnan, Goodbyes co-founder, about the year that was and the year ahead.

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Inside Retail

OCTOBER 11, 2021

Local luxury fashion brand Camilla is well-loved for its vibrant prints and colours, and glamorously distinctive collections. The original designs Camilla put to the market were, and actually still are, one size, and those silk garments can be tied or styled to suit everyone from a size 8 to 28. That starts with size inclusivity.

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Retail TouchPoints

JUNE 3, 2024

This fusion of technology and textiles transforms clothing from a mere fashion statement to a functional tool that caters to consumers’ health, comfort and aesthetic tastes. For the fashion audience, this burgeoning field offers a world of new opportunities.

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Inside Retail

MAY 12, 2021

“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 post Why sales of fine jewellery during Covid defied expectations appeared first on Inside Retail.

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Inside Retail

JUNE 18, 2024

KPMG’s latest Retail Health Index suggests that nominal growth is practically non-existent and industry insolvency numbers are higher than pre-pandemic levels. KPMG has predicted that retail growth will remain stagnant until September 2025. “Our

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Retail TouchPoints

JULY 29, 2020

To attract a new generation of shoppers, retailers are looking to redefine go-to-market strategies and reimagine the customer experience inside their physical store locations. Retailers are pushing the envelope to create memorable experiences that gather social media ‘Likes’ and excite and enchant consumers.

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Inside Retail

JULY 13, 2023

Ashley Sampson: Reebok has been in this market for many years, and has operated under different entities. Reebok has undertaken a similar process overseas and, in many markets, we’re seeing similar results to what’s been happening in Australia. AS: We’ve never had retail stores in this market, so it’s really exciting.

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Inside Retail

JUNE 20, 2021

While the luxury resale market is already growing worldwide and is worth €20 billion globally, according to a report by Berenberg Bank, it is still in its infancy in China, where pre-owned items account for just 3 per cent of the luxury resale business. “[In our case], it was like converting one consumer at a time.”. The conscious consumers.

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Inside Retail

NOVEMBER 14, 2023

As the year-end shopping season kicks off, Zalora , one of Asia’s leading online fashion retailers, and part of Global Fashion Group (GFG), is ramping up its marketing to capture consumers’ attention. As more customers added these items to their shopping carts, their prices dropped daily.

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Inside Retail

OCTOBER 11, 2022

In what seems to be an attempt at viral fashion, Spanish luxury label Balenciaga has unveiled a new handbag that resembles a bag of Lay’s potato chips. The rumoured retail price for the potato chip bag is USD$1800, a huge difference from a $3.99 View this post on Instagram A post shared by Lay’s (@lays). pack of chips.

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RETAIL MANAGEMENT SOFTWARE

MAY 21, 2024

Ignoring Competitive Intelligence: Failing to consider competitive pricing dynamics is another critical mistake. Retailers need to analyze competitor pricing strategies to stay competitive and avoid pricing themselves out of the market.

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Inside Retail

MAY 29, 2023

Despite many consumers cutting back on discretionary goods amid financial pressures, LVMH’s oldest luxury fashion house, Loewe , has opened a new store in Melbourne’s CBD. per cent over the last five years to 2023, with a younger audience being more fashion conscious, and willing to propel the $1.8 billion industry.

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Small Biz Trends

DECEMBER 30, 2021

It’s a Huge Market to Sell Clothes Online. It should be no surprise there’s a huge market for reselling clothing. Consider these latest figures from one of the top fashion resale sites, thredUP: The fashion resale industry totals about $20 billion in sales alone, and it is the biggest resale market in the US.

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Retail Gazette

DECEMBER 27, 2024

Since its inception 60 years ago, Nike has long dominated the sportswear market, fuelled by innovative products, global reach and out-of-the-box marketing. “The decision to overstock with DTC only, has seen the market shift away from Nike. But in recent years its chokehold on the industry seems to be slowing.

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Inside Retail

APRIL 25, 2024

Waning Chinese demand for luxury goods has compounded the problems of Tuscany’s traditional leather companies as the big fashion houses they supply reshape their strategies, leading to painful layoffs that could be just the start. “After COVID, production doubled, but the market did not absorb it: now the warehouses are full….In

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365 Retail

MAY 4, 2021

If the customer finds what Moss Bros calls “a keeper” there is the option to buy for up to 50% off the retail price. He added that the Covid-19 pandemic has seen a shift in trends towards sustainable fashion and a move away from the fast-fashion culture of the past, as shops were shut. billion by 2029.

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Inside Retail

AUGUST 16, 2021

Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items. A demand for counterfeit goods was thus sparked, fuelling a boom for local manufacturers and leading China to become the top global market for the production and sale of fake goods. The Rich and Humble.

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Indigo 9 Digital

MAY 12, 2022

The deal was significant because it was the first time such a large private equity firm invested in the streetwear market. What has led to Supreme’s ascent and dominance in the clothing market? Resale and social media growth provide free marketing and more exposure. Scarcity that heightens demand.

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Inside Retail

NOVEMBER 24, 2021

Premium sneaker and streetwear retailer Subtype is about to open its fifth store in Brisbane. Here, we speak with general manager Liam Robson about designing the brand’s high-end shops and expanding beyond the Australian and New Zealand markets. . Inside Retail : How would you describe the Subtype brand?

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Inside Retail

OCTOBER 11, 2022

At the company’s annual meeting, Matt Spencer, Baby Bunting’s CEO & MD, said the retailer is currently focused on growing its market share, emphasising on providing “value” in a competitive environment. Comparable-store sales growth was 7.6 per cent while online sales represented 19.6

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Retail Focus

FEBRUARY 8, 2024

Its origins can be traced back to the vibrant European Christmas markets, notably the Vienna December market in 1928, which showcased temporary installations and seasonal merchandise, laying the foundation for the temporary retail experience. What’s in store for luxury pop-ups?

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RETAIL MANAGEMENT SOFTWARE

JUNE 3, 2024

In the fast-paced world of fashion retail, staying ahead of the curve requires a deep understanding of shifting customer preferences. To thrive, clothing retailers must be agile, responsive, and committed to achieving success. Here are some of the key challenges faced by apparel retailers today.

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Retail Gazette

NOVEMBER 23, 2023

But with the market now flooded and the cost-of-living impacting discretionary spend, is the advent calendar craze starting to wane? Retailers have helped to encourage the buzz by kicking off their product marketing earlier in the year, adds GlobalData retail analyst Tash Van Boxel. 5 perfume campaign.

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Inside Retail

FEBRUARY 8, 2022

And in most cases, you end up paying more than the retail price for an item by the end of your term. The growth was largely due to the fact that we were more nimble and flexible with our terms and availability than the rest of the market. Fashion Alta Moda, luxury fashion. Tanya Perilli, founder.

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Inside Retail

APRIL 9, 2024

For instance, LuxLexicon can leverage our customer and user base, tech team and marketing team to grow online, as well as leverage our data analytics capabilities to improve sales and CRM to name a few,” he said. The Group has been building a team of in-house authentication experts to combat this issue. billion by 2026.

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Inside Retail

MAY 30, 2024

Through a combination of advanced predictive analytics to precisely tailor its product offerings and a successful leveraging of its social media community, the company has carved out a small but steadily growing niche in the highly competitive athleisure market. How is it possible to have such a quality at US$25?” “I

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Retail Gazette

SEPTEMBER 16, 2024

However, Tang said changes to the tax rules in North America wouldn’t have a major impact on the fast fashion giant’s market position, The Business of Fashion reported. The executive chair said Shein would like to see any changes reflect taxes on the wholesale price when goods enter the country, rather than on the retail price.

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Independent Retailer

AUGUST 17, 2022

The 55th OFFPRICE Show , held between August 6-9th 2022 at the Venetian Expo in Las Vegas, kicked-off the summer edition of Las Vegas Fashion Week. Retailers of all sizes came to source excess inventory that is hitting the market to fill gaps in their open-to-buy dollars and preview resort and early spring merchandise. .

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Inside Retail

MAY 11, 2022

Pricing & margins. Ah pricing and margins, this is the area we really can’t afford to get wrong, pardon the pun. Obviously, your retail prices will determine the profit you are going to make by the time the costs are fixed. The analysis can also form your pricing hierarchy and contain entry and exit price points.

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Retail Bound

JUNE 21, 2024

But the secret here is how you position your brand in the market, and you just have to be quick about it. Right now, there’s only one way you can massively distribute your products: Retail. The question is, how can you penetrate retail stores? 4 Basic Steps in Taking Your Clothing Brand in Retail Stores 1.

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365 Retail

JULY 12, 2023

Jigsaw , the renowned British fashion brand announces Voyado , as its new solution for customer loyalty and marketing automation. Jigsaw has been a prominent figure in the fashion industry since its establishment in 1970 and has successfully built a loyal customer base across the United Kingdom and beyond.

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Retail Gazette

JULY 5, 2023

fine last year when it was found to have engaged in “cartel activity” by fixing the retail price of Rangers football shirts. fine following a secret meeting with Footasylum CEO, and former JD chief executive, Barry Bown at a time where the CMA was investigating JD’s potential acquisition of the footwear retailer.

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Wiser

NOVEMBER 15, 2018

This means simplicity across branding, product marketing, advertising, and more. For example, a Bizrate Insights survey of more than 1,000 online shoppers found that consumers were more likely to buy from a lesser-known website if it offered free shipping, the best price, or customer reviews. Connect with us today to learn more. .

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RETAIL MANAGEMENT SOFTWARE

FEBRUARY 27, 2024

These solutions leverage advanced algorithms and techniques to extract actionable insights from vast datasets, enabling retailers to optimize various aspects of their business, including sales, marketing, inventory management, and customer engagement. What is Retail Analytics Software?

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RETAIL MANAGEMENT SOFTWARE

MARCH 26, 2024

Conclusion successful retail accounting requires a combination of effective systems, accurate record-keeping, strategic planning, and ongoing analysis. By implementing these practical tips, retailers can optimize their financial management practices and position themselves for long-term success in a competitive market.

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