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Beauty Pie opens ‘Warehouse of Dreams’ pop-up in Covent Garden

Retail Focus

Founded in 2016 by serial entrepreneur Marcia Kilgore , Beauty Pie was created as a one-stop destination for luxury beauty products at ‘warehouse prices ‘ The D2C brand claims it does not charge consumers for the ‘middleman’ or retailer mark-ups.

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How Retykle changed the Chinese belief that buying secondhand is bad luck

Inside Retail

It has taken online resale marketplace Retykle a long time to slowly shift Chinese consumers’ superstitious beliefs that buying secondhand clothing is bad luck, according to founder Sarah Garner. “We In our case], it was like converting one consumer at a time.”. The aspirational resale consumer. The conscious consumers.

Consumer 182
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Message in a bottle: How social media has disrupted the fragrance sector

Inside Retail

This can be attributed in large part to the introduction of image-focused social media platforms like Instagram in 2010 and TikTok in 2016, which have made it easier for memes and fads to go viral and – just as rapidly – fade into obscurity. It’s not just that trends have become more fleeting, they’re also more fragmented. Data from Market.us

Fashion 130
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15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. But when StockX launched in 2016 it made reselling goods even easier. 25% of the items sold on StockX are sold for less than retail price.

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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

Raw materials are destroyed, and a huge amount of energy is consumed when producing and moving products across the world. So, if a retailer is wondering why consumers and investors are pulling away, it’s because they are still using a traditional approach in a modern world. How do retailers get into this mess?

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Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items.

Consumer 130
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How Buy One, Get One Can Improve Your Sales

Wiser

BOGO is a great discount technique to use to appeal to consumers. Even as both consumers and shoppers appreciate a Buy One, Get One promotion, differences remain between a good BOGO deal and a poor one. . BOGO can help you achieve one of the biggest retail goals, creating loyal customers. That is up from 57 percent in 2016. .