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Amazon Makes Drastic Cuts to Private Label Business in Advance of Potential FTC Antitrust Probe

Retail TouchPoints

Still, the private label business only accounted for approximately 1% of Amazon’s total retail sales, according to the company, a far cry from the 10% that Founder and former CEO Jeff Bezos targeted when the private label business first launched.

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Why Sephora’s French prestige failed to translate in South Korea

Inside Retail

So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.

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145-year-old Bissell Brand Leverages Livestreaming, 11.11 and KOLs to Clean up in China

Retail TouchPoints

But when Bissell decided to expand into China in 2017, where the brand was relatively unknown, it couldn’t rely on brand affinity or even name recognition for success. brands can enter the Chinese market and take part in the world’s largest shopping event, 11.11. accounts for another 10%. Now, Max estimated that 11.11

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US mall giant Simon’s latest results reveal four issues facing the sector

Inside Retail

Leasing revenue accounted for more than 90 per cent of the total, at us$1.25 Seven of Simon’s top 10 anchors are mainstream department store chains, headed by Macy’s (97 stores) and JCPenney (53 stores). per cent in all of 2019 and 18.6 per cent in 2017. First-quarter revenues came in at US$1.35 billion ($2.03

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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux

Inside Retail

The new flagship is scheduled to open to shoppers on Friday, a key debut for a store that accounted for 10 per cent of Tiffany’s global sales before it closed for renovation in 2019. Beginning in 2017, brands including Ralph Lauren, Calvin Klein and Gap said they would shut their flagship stores on Fifth Avenue.

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10 Online Business for Sale in July

Small Biz Trends

This means being able to reach a much larger customer base, multiple marketing options, faster financial transactions, and cheaper operational costs. 10 Online Businesses for Sale in July 2022. The sale includes software, website, additional operational URLs, driver-facing app, native apps, an Apple developer account, and more.

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How the Y2K Revival is Expanding True Religion’s Shopper Community

Retail TouchPoints

The True Creators Program is designed to provide several emerging designers with the resources, from manufacturing to materials and marketing support, to craft and launch limited collections for the brand. Starting as a Senior Designer in 2006, he worked his way up to VP of Innovation before he left the company in 2017. said Wells.

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