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Analysis: The many faces of social commerce in China

Inside Retail

Duty-free retail meets live commerce. As of 2020, the Chinese government has significantly increased the annual limit for duty-free purchases by domestic travellers to Hainan island,allowing visitors up to RMB 100,000. billionin 2020, a year that saw 15.5 For luxury travel retail brands, this is an opportunity boon.

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Message in a bottle: How social media has disrupted the fragrance sector

Inside Retail

In the first quarter of 2021, fragrance sales were up 45 percent from the year prior, despite the average retail price for fragrance products growing by 15 percent in the same time period. After acquiring the company in 2021, one of the first products Lim launched was a scent titled Missing Person. Data from Market.us

Fashion 130
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Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

12:35] Look it was an early social commerce player as far as leveraging Pinterest and things that you could do with. Rationalizing the stores there was way too much discount so there’s a lot of work to do, but I got really excited about the opportunity and wound up agreeing to stay on as exact chair in January 2020.