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Behind Documents’ path to luxury fragrance leadership in China

Inside Retail

As such, it commands premium retail prices – nudging 1000RMB ($140) per 30ml bottle – and has drawn investment from French giant L’Oreal’s venture capital fund, Chinese online luxury accelerator Ushopal , and spirits giant and Chivas Regal parent Pernod Ricard.

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How Korea’s big 3 department stores are killing it right now

Inside Retail

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). per cent from the first quarter in 2019.

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Analysis: The many faces of social commerce in China

Inside Retail

According to the Ministry of Public Security China, in 2019, over 160 million people exited the country for pleasure or business, notably spending an average of US$1500 per person while abroad. With borders shut daigous and P2P accounts on Taobao have anchored into selling us everything from apparel to infant milk formula.

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A cost-of-living crisis is brewing in Asia. Here’s what it means for retail

Inside Retail

At first, it seemed like Asia might get off lightly – most governments and professional economic forecasters in the region said so – but cost of living pressures are rising across the continent, with food, energy, rent and labour costs now all key drivers of retail price inflation. Transportation prices are up 20.2

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Best of 2024: From swoosh to stumble, can Nike regain its stride?

Retail Gazette

When making the announcement to staff about job cuts, Nike chief executive John Donahoe – who replaced its much-lauded boss Mark Parker in 2022 – admitted: We are not currently performing at our best, and I ultimately hold myself and my leadership team accountable.” in 2019 to 0.7% Hokas share jumped from 0.2%

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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

As a result, Richemont has admitted to destroying $563 million worth of watches in 2018/2019. Code), states that retailers can recover 99% of all fees paid on imported goods that have been destroyed. Reselling Unsold inventory is often sold at markdown prices by 3rd party resellers. Incentives A current U.S.

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Putting an End to the $50B Overstock Problem with Advanced Analytics

Retalon

As a result, Richemont has admitted to destroying $563 million worth of watches in 2018/2019. Code), states that retailers can recover 99% of all fees paid on imported goods that have been destroyed. Unsold inventory is often sold at markdown prices by 3rd party resellers. Incentives. A current U.S. Simply Too Much Overstock.