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

Inside Retail

Based in Hong Kong and launched in 2016, Retykle, is a luxury resale childrenswear online marketplace with more than 10,000 sellers and buyers. Products in the secondhand market tend to be 60 to 90 per cent off the original retail price,” Garner said. The conscious consumers.

Consumer 182
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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

Reselling Unsold inventory is often sold at markdown prices by 3rd party resellers. This can be an excellent solution, but when too much product is accessible to the public, they stop shopping at retail prices. Retailers have to be careful not to suffocate their own demand.

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

Retalon

Unsold inventory is often sold at markdown prices by 3rd party resellers. This can be an excellent solution, but when too much product is accessible to the public, they stop shopping at retail prices. Retailers have to be careful not to suffocate their own demand. Not all plastics and textiles can be recycled.

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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