Remove 2018 Remove Marketing Remove Returns Remove Wholesale
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Here’s why discount luxury business Azura Fashion Group is going circular

Inside Retail

The business helps luxury brands, distributors and wholesalers clear end-of-line and off-season products through online marketplaces, such as Farfetch, Net-A-Porter, Vestiaire Collective and The Iconic, as well as its own e-commerce site, Azura Runway. “We’re Luxury’s discount problem. Rising opportunity in resale .

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Rough Week for Retail CEOs: Top Execs Out at Petco, Under Armour, Fossil

Retail TouchPoints

billion , up about 6% from the previous year, but it wasn’t enough to assuage investors who have grown impatient with the company’s declining market cap despite its relatively consistent sales growth. Evercore ISI has downgraded the company and said Plank’s return was a “clear signal” that the current strategy wasn’t working.

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How Advanced Email Analytics Helped Kerrits Boost its DTC Business 150%

Retail TouchPoints

The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.

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Under Armour Begins Search for New CEO as Frisk Steps Down

Retail TouchPoints

The company underwent several rounds of jobs cuts and a $200 million dollar restructuring in 2018, followed by an SEC investigation into its accounting practices in 2019. Frisk’s remit when he joined was to reengineer Under Armour’s structure, systems and go-to-market process. Browne has held the role of COO since 2020. ”

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What is Direct-to-Consumer and How to Balance D2C with Wholesale

Wiser

Direct-to-consumer strategies have transformed retail, both in the way consumers shop and how brands and retailers manufacture, market, and sell. ” This is contrary to the traditional strategy of wholesale, when brands partner with retailers to distribute products in bulk for sale by those retailers. Why Is D2C Popular?

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Amazon to close physical bookstores, focus on groceries

Inside Retail

Meanwhile, the Amazon 4-star concept was introduced in 2018 with a focus on selling general merchandise rated higher than four stars by its customers. Nevertheless, the company has concluded that they are not delivering the returns – monetarily or in terms of what they are doing for the wider company – to justify keeping them open.

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Meet Revo, the performance sunglasses brand founded by a Nasa astrophysicist

Inside Retail

Revo Sunglasses return to independence Revo Sunglasses was founded by Nasa astrophysicist and optical engineer Dr Mitch Ruda who asked himself the question, what if we used the coatings that protect satellites to shield our eyes from the sun? Robinson Optical Inc, a family-run eyewear company that has been running since 1926, in 2018.

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