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6 Ways Farfetch is Disrupting Luxury Retail

Indigo 9 Digital

Under this model brands have more control over merchandising, pricing and the customer experience. With more pricing control brands can offer more merchandise at full price, avoiding markdowns which are thought to negatively impact a luxury brand’s image. In 2015 Farfetch purchased Browns, a luxury fashion boutique in London.

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Meet Lindsay Nicholas, the fashion designer bringing NY edge to Melbourne

Inside Retail

LN: Since we started the business in 2015, we’ve been very fortunate to double the business every year. We’re also not a brand that takes markdowns on stock after six weeks. The customer experience is second to none. And my personal aesthetic is very New York-based, so every piece has a bit of NYC edge infused into it.

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Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

For retailers, this means taking stock of their company’s strengths and weaknesses, and identifying key performance indicators as they set their objectives for 2015. On the other hand, another retailer might want to enhance the customer experience, so they would choose KPIs like customer satisfaction and retention.

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Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

For retailers, this means taking stock of their company’s strengths and weaknesses, and identifying key performance indicators as they set their objectives for 2015. On the other hand, another retailer might want to enhance the customer experience, so they would choose KPIs like customer satisfaction and retention.

article thumbnail

Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

For retailers, this means taking stock of their company’s strengths and weaknesses, and identifying key performance indicators as they set their objectives for 2015. On the other hand, another retailer might want to enhance the customer experience, so they would choose KPIs like customer satisfaction and retention.