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What luxury retailers need to know to succeed in the year ahead

Inside Retail

By 2021, luxury sales had fully recovered, rising 32 per cent to surpass 2019 numbers. The year 2022 was the second consecutive one of double-digit sales growth after the pandemic, with sales up 20 per cent, supporting 24 per cent growth in the 2019-22 period. What a difference a year makes.

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Cars, Wine, Trees — COVID-19 Proved Once and For All that You Can Sell Just About Anything Online

Retail TouchPoints

The COVID-induced ecommerce boom of 2020 saw online sales climb across almost all categories last year, including some unexpected ones. billion compared to roughly $3 billion in 2019, according to data from IWSR. At Vroom, unit sales increased 82% YoY in fiscal year 2020 , and revenue was up $916 million from 2019.

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Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers

Retail TouchPoints

Rollup firms are typically able to buy these Amazon businesses at anywhere from 4X to 6X EBITDA, sometimes less, according to Thomson: “As long as you manage to keep the same efficiency that any one of those accounts had when they were a standalone, you can get a 15X to 25X valuation on your company. There is massive financial arbitrage here.

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From frumpy to fashionable: the triumphant turnaround of M&S Clothing

Retail Gazette

M&S achieved a market leading position in womenswear this summer, taking a 9.5% slice of the UK’s clothing and footwear market, marking the first time it took the number one spot for four years. But how did M&S manage to win over fashion shoppers amid intense competition across the market? And it is paying off.

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Jason & Scot Show Episode 267 – Deep Dive into Food Commerce with Matt Newberg of HNGRY

Retail Geek

Digital restaurant marketplaces (Door Dash, Uber Eats) Digital grocery marketplaces (Instacart) Ghost Kitchens (food industry version of private label) Delivery vs Pickup On Prem vs Off Prem Consumption Emerging digital grocery top-off market (GoPuff, Instacart, DoorDash) Amazon evolving grocery strategy (Amazon Fresh, Just Walk Out, Delivery).

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Jason & Scot Show Episode 265 – News, retailer earnings, and listener questions.

Retail Geek

Scot: [7:22] Yeah there’s hundreds of millions of dollars in the licensing of the Tolkien estate. Scot: [13:51] Cool also in the category of antitrust the the DC attorney general is going after Amazon and what’s interesting is you know the. Scot: [7:17] Just a license it I think I think there’s just a license.

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Jason & Scot Show Episode 288 – News and Q4 Earnings Report’s

Retail Geek

It wouldn’t have felt any different than e-tail 2019 felt to me so I think people were like frankly pretty excited about getting back together. good conversations with with real people in the industry. your Share account so when your chair count goes up it puts a natural pressure downward pressure on your EPS number. [5:44]