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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

In 2012 Lekker opened its North Melbourne ‘brand store’ and in 2016 expanded to Sydney, initially to a small store space before relocating to a much bigger space – being its current Sydney location with on-site service facilities, offices and the ability for customers to test-ride bikes. million this year. “Our

Marketing 251
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It’s time to embrace genderless retail. Here’s how to get it right

Inside Retail

Fifty-six per cent of Gen Z consumers shop outside of their designated gendered area, while searches for the term ‘genderless fashion’ increased by 52 per cent in 2019, according to Lyst. . Led by none’ ad from 2019. Sales in this sector have increased 26 per cent in the last 12 months as a result. .

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How Sophie Monk helped Skye + Lach Co on its way to $5 million

Inside Retail

The business, which specialises in oversized sunglasses, was founded by sisters Tammy Schmidt and Kylie Thomasz in 2016. Monk tagged the brand on her Instagram account around 2019, and there was a huge spike in traffic to the website and sales. “We The business has subsequently grown from one style in 2016 to almost 20 SKUs today.

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Brands Need a Dedicated Balance Sheet for Customer Health

Retail TouchPoints

Ideally, organizations would measure the above fundamentals on the following intervals: Rolling 1 month (particularly essential during periods of rapid change) Rolling 3 month (also essential during periods of rapid change) Rolling 12 month Compared to previous calendar years dating back 5 years. Cohort segmentation.

Marketing 297
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Apple revenue falls for third straight quarter as iPhone sales drop

Retail Gazette

Apple has posted its third consecutive quarter of declining revenues, the tech giant’s most prolonged sales slump since 2016. Its UK retail arm, which includes its physical stores, saw revenues surge 61% in the 12 months to September 24 as it recovered post-pandemic after revenue dropped from £1.4bn in 2019 to £971m back in 2021.

Finance 97
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PayPal preparing US$45 billion bid for Pinterest

Inside Retail

billion purchase of LinkedIn in 2016. Its shares have risen about 36 per cent in the last 12 months, giving it a market capitalization of nearly $320 billion. Pinterest was valued at about $13 billion when it went public in 2019. PayPal’s offer represents a 26 per cent premium to Pinterest’s closing price of $55.58

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The rise of cannabis retailing

Inside Retail

It is the most-used illicit drug in the country, with 35 per cent of people saying they have used it at some point in their lives, and 11 per cent using it in the past 12 months.

Boutique 246