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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. The funds raised will allow Retykle to invest within its home market of Hong Kong, as well as expanding its reach into Singapore and Australia. Who is the resale customer?

Consumer 182
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Carousell co-founder talks LuxLexicon acquisition and future of re-commerce

Inside Retail

Founded by Florence Low in 2016, LuxLexicon will maintain its autonomy within Carousell Group, with Low continuing to spearhead operations under its established brand. For the ‘Certified Luxury’ program, data science modelling is used to better understand market demand and trends to guide pricing and purchasing decisions of bags. “We

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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. shows the global fragrance market was valued at $49.8 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

By Tricia McKinnon The resale market is one of the fastest growing segments of retail. But when StockX launched in 2016 it made reselling goods even easier. Traditional retailers are not sitting back watching this market grow. The sneaker resale market is growing quickly. StockX is now valued at $3.8

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

Retalon

As such, retailers can’t afford to risk losing sales because they ran out of stock. The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. Retailers face the challenge of figuring out what the product mix should be, and how much of each product to purchase.

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How to Sell on StockX

Small Biz Trends

As the resale market continues to grow, it is proving to be an excellent way to make money. Small businesses can use websites such as StockX for buying and selling, and start to capture some of the resale market. At its core, StockX is a resale market used for authentic sneakers (i.e., What is StockX? collectible sneakers).

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The Top 4 Reasons Why Retailers Should Care About MAP Monitoring

Wiser

This allows the remaining retailers who did follow the policy to have more price flexibility and a chance to increase their margins. Preventing Price Wars. One reason why manufacturers set MAP policies in place is to prevent price wars from starting between competing retailers. Flag MAP violations immediately.