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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 3. 2020 marked the first time Inditex ended a year with fewer stores than when it started the year. By 2019 Forever 21’s sales declined from a peak of $4.4 billion in 2019.

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Marks & Spencer’s Turnaround Strategy, Why it’s Working

Indigo 9 Digital

But in 2020 Marks & Spencer opened up its website to outside apparel brands. In a small pilot that took place in October of 2020, where Marks & Spencer sold womenswear brand Nobody’s Child on its website, Marks & Spencer found that close to 10% of customers who bought the brand were new to Marks & Spencer womenswear.

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6 Ways Farfetch is Disrupting Luxury Retail

Indigo 9 Digital

While the shift towards selling luxury goods online took place before 2020, the pandemic cemented a new way forward. With more pricing control brands can offer more merchandise at full price, avoiding markdowns which are thought to negatively impact a luxury brand’s image. Retail is not dying, but it’s evolving and reinventing.”

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Skims’ Strategy - 10 Reasons Kim Kardashian’s Brand Took Off

Indigo 9 Digital

Since Skims launched in September of 2019 customers can’t seem to get enough of it. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 4. of retail sales in the United States came from brick and mortar stores in the United States.

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