Inside Retail

MAY 14, 2024

The shift dates back to 2020/21 when Pandora overhauled its business strategy to focus on crafting high-quality jewellery for the mass market and becoming the most desirable brand in the accessible luxury jewellery market, globally. “If The circularity piece is important, the main raw materials are the main costs of emission.

Finance 278

Finance Marketing Accounting Management 278

Inside Retail

SEPTEMBER 19, 2022

Now the company’s founder has disclosed, in an interview with Inside Retail , plans to treble its store network within five years, add another 10 brands to its portfolio, and expand abroad – all while preparing for a potential IPO. A lucrative market for affordable fashion. H&M, which has 12 stores in the country, recorded 4.4

Fashion 130

Fashion Planning Marketing Management 130

Inside Retail

NOVEMBER 20, 2022

The Australian market currently accounts for 16 per cent of its sales, and the company aims to grow that to 38 per cent by 2025. Since 2019, the business has grown revenue by 300 per cent, with $4.3 The brand is currently scouting for a chief marketing officer and a sales relationship manager. million achieved this year.

Outdoor 245

Outdoor Accounting Planning Marketing 245

Inside Retail

MARCH 14, 2024

In 1999, the Italian eyewear conglomerate Luxottica acquired the firm with plans to expand its sunglasses line. Today, Revo Sunglasses is led by chief executive officer Cliff Robinson, a third-generation member of the heritage optometry company, who is proud to be a part of the brand’s independent revival in the market.

Location 130

Location Wholesale Consumer Planning 130

Retail TouchPoints

JUNE 27, 2022

BSN is one of the nation’s largest direct marketers and distributors of sporting goods, footwear, apparel and branding to the school and league markets. The Team Sales business has historically accounted for less than 1% of Foot Locker’s annual consolidated sales.

Sporting Goods 206

Sporting Goods Apparel Accounting Marketing 206

Retail TouchPoints

JANUARY 10, 2022

Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private. After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO.

Specialty Retailers 260

Specialty Retailers Accounting Location Returns 260

Retail TouchPoints

NOVEMBER 6, 2020

With brand marketers charged with growing market share and attracting new consumers throughout the never-ending cycle of seasonal marketing, the search for a competitive advantage over others in the category has never been more intense. Visibility is Requisite but not Guaranteed. That’s just bad business.

Marketing 141

Marketing Promotions Outdoor Consumer 141

Inside Retail

NOVEMBER 16, 2022

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

Fashion 278

Fashion Department Stores Planning Accounting 278

Retail TouchPoints

JULY 14, 2021

The move sent share prices for other BNPL providers downward as the market reacted to the news. This builds on Apple and Goldman’s existing partnership on the Apple Card credit card, which has been backed by the investment bank since 2019. Apple is a giant in the payments market, with Apple Pay growing to be accepted at 85% of U.S.

Payment Services 299

Payment Services Planning Accounting Marketing 299

Inside Retail

APRIL 22, 2024

In transaction volumes, the market experienced 10 per cent growth in 2023, outpacing the rate of new outlets opening, which remained at 3 per cent growth. By 2028, delivery is expected to account for 23 per cent of Asia Pacific food-service sales, compared to 21 per cent in 2023. trillion in 2023.

Kiosk 147

Kiosk Fulfillment Consumer Accounting 147

Retail TouchPoints

NOVEMBER 29, 2021

The latest data from the Adobe Digital Economy Index revealed that out-of-stock messages rose a whopping 325% in October 2021 compared to the same month in pre-pandemic times (way back in 2019), and in the last month alone consumers have been hit with more than 2 billion out-of-stock messages online.

Shopping 293

Shopping Shipping Consumer Planning 293

Inside Retail

SEPTEMBER 20, 2023

Efforts to regain momentum at the label, which accounts for the bulk of sales and profits at Kering, have prompted broad change in the group’s top management. The group has also taken steps to broaden its revenue sources, announcing plans to buy high end perfumer Creed in June and a 30 per cent stake in fashion label Valentino in July.

Fashion 130

Fashion Boutique Accounting Advertising 130

Inside Retail

JANUARY 21, 2024

In conversation with reporter Lauren Thomas of The Wall Street Journal, Daunt discussed the realities of keeping up the bookstore chain’s legacy in a rapidly shifting market. It is with a similar plan that Barnes & Noble has begun to shift its image from a large corporation to a welcoming “indie” version of a bookstore chain.

Location 130

Location Accounting Shopping Marketing 130

Retail Focus

JANUARY 24, 2023

When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. Market research shows retail food sales are expected to grow by around 5% in 2023. Non-food retail was significantly down in 2022 when compared with 2019 figures.

Supermarket 130

Supermarket Accounting Marketing Returns 130

Retail TouchPoints

SEPTEMBER 17, 2022

The Consumer Financial Protection Bureau (CFPB) is planning to start regulating buy now, pay later (BNPL) products. Apparel and beauty companies accounted for 80.1% of BNPL transactions in 2019 but fell to 58.6% The CFPB also found that BNPL usage has expanded to a wider range of retailers. in 2020; A total of 13.7% in 2020.

Consumer 215

Consumer Payment Services Apparel Accounting 215

Retail TouchPoints

APRIL 12, 2021

billion ) for monopolistic practices, after finding that the site had been “abusing market dominance” for several years by preventing its sellers from using other competitive platforms. The penalty amount was determined by applying a 4% rate to Alibaba’s 2019 domestic revenues.

Accounting 263

Accounting Promotions Marketing Planning 263

Inside Retail

APRIL 11, 2021

billion) – around 4 per cent of its revenues in 2019 – for violating anti-monopoly rules and abusing its dominant market position. The company said in a statement posted on its official Weibo account that it “accepted” the decision and would resolutely implement SAMR’s rulings.

Merchant Services 130

Merchant Services Accounting Marketing Planning 130

Retail TouchPoints

MARCH 16, 2023

Consider that a 2019 report from the U.S. Culturally Relevant Market Outreach to Consumers Goes Beyond Language It’s essential that you get the language piece right, but to be truly successful, your localization strategy must go deeper than words. -based consumers only. Census Bureau found that nearly one in five U.S.

Consumer 274

Consumer Target Market Marketing Accounting 274

Retail TouchPoints

NOVEMBER 10, 2022

Global ecommerce rose from 15% of total retail sales in 2019 to 21% in 2021. It now sits at an estimated 22% of all sales, according to a 2022 Morgan Stanley global ecommerce forecast report , which notes that “Over the long term, the ecommerce market has plenty of room to grow and could increase from $3.3 trillion today to $5.4

Consumer 302

Consumer Advertising Shrinkage Planning 302

Inside Retail

MARCH 23, 2022

With the global luxury goods market expected to be worth around US$430 billion* by 2025 – and Chinese luxury consumption set to account for nearly half of that – Lanvin Group said it sees itself as “well-positioned to capture the enormous growth potential driven by flourishing demand for luxury goods globally”.

ATS 130

ATS Fashion Accounting Point of Sale 130

Retail TouchPoints

NOVEMBER 3, 2022

A recent survey from retail research firm NPD showed that the share of consumers’ planned shopping for the holidays ticked up this year for in-store versus online, in contrast to a long-term decline, and major retailers like Walmart and Party City just announced plans to direct the majority of their holiday hires to work on store floors.

Accounting 262

Accounting Returns Management Advertising 262

Inside Retail

NOVEMBER 22, 2022

In 2019, it brought in 233.5 billion at today’s exchange rates, accounting for close to a quarter of the revenue from the company’s department store business. The Japan Tourism Corporation states that, in 2019, more than 30 million people visited Japan. But a better reference point is the corresponding period of 2019.

Department Stores 130

Department Stores Boutique Accounting Returns 130

Retail TouchPoints

AUGUST 9, 2021

These days, the framework for marketing success is still being driven heavily by a company’s media plan rather than in the context of overall customer health. But for consumer brands, the ultimate measure of marketing success is in fostering a better relationship with the customer. That needs to change.

Marketing 298

Marketing Accounting Management Planning 298

Retail TouchPoints

NOVEMBER 3, 2021

The beauty brand is adding three new executives to its team: a CFO, an SVP of Retail and the new position of Chief Commercial Officer, who will help the team develop its plans for the future. Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams.

Finance 248

Finance Payment Services Accounting Returns 248

Inside Retail

MAY 3, 2023

Vincom is easily the largest mall developer and operator in Vietnam, and wants to focus less on new development this year and more on a trifecta of objectives aimed at its existing mall fleet: driving rental growth, upgrading its market positioning, and strengthening the shaky operating metrics of elements of its far-flung portfolio.

Home Furnishings 130

Home Furnishings Sporting Goods Department Stores Location 130

Mass Relators

APRIL 20, 2023

The company’s current president and CFO John Garratt will continue to serve as president until his planned retirement on June 2. I’m confident in Kelly’s ability to lead Dollar General as CFO based on her meaningful leadership and contributions since joining our team in 2019,” Dollar General CEO Jeff Owen said.

Promotions 52

Promotions Finance Accounting Planning 52

Retail TouchPoints

JUNE 15, 2023

In 2019 she moved to Twitter and become the Global Head of Research in 2020, which she described as one of “the most tumultuous times in our history.” The company wanted to grow the presence of Colgate toothpaste in sub-Saharan Africa — part of a region that encompassed 99 countries but only accounted for 6% of sales at the time.

Consumer 263

Consumer Marketing Supermarket Accounting 263

Retail TouchPoints

JULY 30, 2020

Households with children in elementary and high school are set to spend an average of $789.49 , far exceeding the 2019 record of $696.70. There was a high degree of folks who were cautious about whether their kids were prepared for the next grade, so there may be a tendency to over-compensate and spend a little more than initially planned.

Merchant Services 250

Merchant Services Advertising Apparel Planning 250

Retail TouchPoints

FEBRUARY 23, 2021

The company also plans to scale its marketing, sales and channel partnership activities. In 2020 ecommerce accounted for 14.4% increase from 2019, prompted in large part by the pandemic, according to eMarketer. The typical approach is to start with the brand, the product and the marketing rather than data and operations.

Jewelry 147

Jewelry Consumer Accounting Management 147

Retail TouchPoints

SEPTEMBER 28, 2020

Retailers will need to account for the heightened demand for home deliveries from COVID-19, which has incentivized many retailers to form new relationships with Instacart, Shipt, DoorDash and other services that enable home delivery at scale. UPS plans to bring on 100,000. The rescheduled Prime Day, set for Oct.

Fulfillment 302

Fulfillment Department Stores Shipping Planning 302

Inside Retail

OCTOBER 25, 2021

Leveraging Marley Spoon’s e-commerce, marketing and delivery capabilities, Bezzie aims to provide the same high level of personalisation and convenience that its meal kit customers expect but with quality, human-grade dog food. Bezzie’s meal plans for dogs are customised according to the animal’s age, weight and activity levels.

Supermarket 244

Supermarket Planning Accounting Marketing 244

Inside Retail

AUGUST 4, 2021

billion) from the 2 billion it slumped to in 2020 and restore its operating profit margin to 12 percent of sales by 2025, the same level it was at in 2019 before the pandemic. Hugo Boss, known for its smart men’s suits, wants e-commerce to account for 25-30 percent of sales by 2025 from about 16 percent now.

Fashion 130

Fashion Accounting Planning Consumer 130

Inside Retail

NOVEMBER 25, 2021

We asked the brand how it arrived at the decision, what it has learned from its previous efforts to leave Facebook and Instagram, and how it plans to stay connected with customers going forward. Our current plan is to come off the platforms that have chosen to ignore their own evidence, but we will return if they make their spaces safe.

Advertising 130

Advertising Accounting Beauty and Health Planning 130

Retail TouchPoints

AUGUST 30, 2021

I’m not an accountant, but stores are on the asset side of the balance sheet for a reason, and they need to be leveraged as much as possible to squeeze as much out of them as you can.”. compared to Q2 2019. Macy’s Q2 performance was another success story, with comparable sales up 61.2% year-over-year and 5.8%

Consumer 312

Consumer Fulfillment Department Stores Sporting Goods 312

Inside Retail

SEPTEMBER 6, 2022

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

Payment Services 130

Payment Services Supermarket Marketing Kiosk 130

Inside Retail

JANUARY 19, 2023

Most recently the chief commercial officer at Flybuys, Seymour-Walsh was reported to be responsible for the brand’s loyalty offer, which oversaw partner relationships, rewards, and digital marketing. According to WWD , the release was created by a culture activist The Yes Men and sent from a bogus Adidas account.

Payment Services 130

Payment Services Wholesale Finance Apparel 130

Inside Retail

SEPTEMBER 6, 2022

Customers will be able to create accounts and list items for rent directly from the online checkout pages of participating brands, helping Designerex reach new customers and increase its inventory. The platform is doing triple the volume it did in 2019, its last normal trading year that wasn’t affected by Covid-19 lockdowns. .

Fashion 130

Fashion Checkout Fast Fashion Consumer 130