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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. In March this year, Retykle closed a new round of seed funding to support the company’s expansion plans. In our case], it was like converting one consumer at a time.”. Retykle’s studio.

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

Indigo 9 Digital

But when StockX launched in 2016 it made reselling goods even easier. Traditional retailers are not sitting back watching this market grow. Similar to a stock market, goods on StockX are traded like commodities where product prices are determined by supply and demand. Do you like this content?

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

Retalon

These variables, along with pricing and vendor lead times make planning demand very difficult. Understandably, retailers will purchase additional stock to offset the dynamic nature of the retail industry. Reselling Unsold inventory is often sold at markdown prices by 3rd party resellers.

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

Retalon

These variables, along with pricing and vendor lead times make planning demand very difficult. Understandably, retailers will purchase additional stock to offset the dynamic nature of the retail industry. Unsold inventory is often sold at markdown prices by 3rd party resellers. Poor Demand Forecasting.

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10 Things You Need to Know About the Jordan Brand’s Success & Growth

Indigo 9 Digital

Look at the Gap it has struggled to pass the tests of time yet the Jordan Brand is growing quickly at a time when people are spending less on clothing and more on things like technology, think iPhones and data plans. In 2016 Mike Parker, former CEO of Nike, pledged to make the Jordan Brand a $4.5 billion brand by 2022.

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