Remove tag pandemic
article thumbnail

How Sophie Monk helped Skye + Lach Co on its way to $5 million

Inside Retail

Designer eyewear brand Skye + Lach Co survived the pandemic through a strong marketing and educational campaign. Thomasz focuses on the financial, wholesale and customer service side of the business, while Schmidt looks after marketing and creative. We’re constantly bringing new styles and colours to the market.

article thumbnail

Analysis: How LVMH price hikes will reverberate throughout luxury

Inside Retail

Since the start of the pandemic, demand for high-end goods has surged. This was largely thanks to a strong fourth quarter in which the fashion and leather goods division, including names like Dior, Fendi, Celine and Loewe, recovered to pre-pandemic levels. The price hikes rolled out worldwide on 16 February. billion ($101.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Analysis: Here’s the impact of Chanel’s latest price hike on the luxury industry

Inside Retail

The latest round of price hikes will mark the brand’s fourth adjustment since 2019. Data compiled by the Jefferies Group showed prices for Chanel’s small classic flap bag had jumped by 60 per cent, to US$8,200 (A$11,400), in the US market. The Asian market goes into a frenzy. While the larger 2.55 While the larger 2.55

Boutique 130
article thumbnail

Watches of Switzerland to expand into Europe amid soaring sales

365 Retail

Luxury retailer Watches of Switzerland has revealed plans to launch across Europe as it posted soaring annual profits thanks to customers’ booming “disposable wealth” in the pandemic. America – where the group launched in late 2017 – is set to account for up to 48% of revenues, up from a third currently. “We

article thumbnail

The Future of Retail in the New Era of Risk

Retail Prophet

While cotton could indeed be sourced elsewhere, the US had several distinct market advantages. If anything, it was the use of slave labor that made it simply impossible to compete with the United States with on the global cotton market. Thus preventing the US from ever again recapturing such outsized share of the global cotton market.

article thumbnail

Jason & Scot Show Episode 274 – Warby Parker and AllBirds file S-1 prospectus for IPOs

Retail Geek

Net positive ebit has but they basically have had a net loss every year except 2019 when they broke even. 8:26] You know you like if you look at 2018 you said hey they sold 270 million and they lost 22 million on it in 2019 they sold 370 million and they broke even. So what’s a little worrisome about that is. [8:26]

article thumbnail

Jason & Scot Show Episode 269 – Amazon and Instacart get new CEOs, other news

Retail Geek

Multi-sided market place and so it’s a little easier to make money but still the best way to make money is with that ad Network and. Mark Zuckerberg zwei like priorities from from 2019 f8 so it’s not. Scot: [27:18] Just wrapping up the Friendster account. Jason: [27:21] Oh no I’m hang on at that bad boy.