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A Brand Embassy for Coffee Lovers: Nespresso’s New Flagship Concept Debuts in Vienna

Retail TouchPoints

Luxury coffee and espresso brand Nespresso is tapping into the power of those emotive experiences with the launch of its new immersive flagship boutique concept in Vienna, Austria. With a global retail network of 809 boutiques in 532 cities, Nespresso views these physical locations as an integral part of its omnichannel approach.

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Consultants appointed to evaluate Tigerlily sale – report

Inside Retail

The business started to reemerge after Travis Wright , former GM of Esther & Co, became CEO in 2021. It also lifted in-store average order value by 20 per cent over FY23 and has returned to profitability. Tigerlily posted about $20 million in revenue in FY22 and expects double-digit growth this year.

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Japan influences Reebok’s “positioning as the leading irreverent sports brand”

Inside Retail

Tapping into sub-cultures is how Reebok plans to avoid returning to its “stagnated” 90’s state. After Reebok “disappeared off the shelves,” and since Authentic Brand Group (ABG) acquired it in 2021 from Adidas, Foster said the business has continued to approach branding through its unique thinking.

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Retail news around the globe

Inside Retail

Clarins opens new boutique at Great World. French skincare brand Clarins has unveiled a new boutique at Great World, a mixed-use development near popular tourist spot Orchard Road in Singapore. The ‘dawn delivery’ and ‘free return’ services have been expanded in collaboration with affiliated online shopping malls.

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Retail Media will add Fuel to the Fire for M&A in AdTech

Retail TouchPoints

Even more impressive, eMarketer expects it to nearly double, from $31 billion in 2021 to more than $61 billion by the end of 2024, when it will account for almost 20% of digital advertising spend. Currently, Amazon dominates the space with almost 78% of retail media ad revenue in 2021, trailed by Walmart at a significantly lower rate of 5.4%.

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Is unified commerce the new holy grail?

Inside Retail

It connects, on a centralised and measurable platform, several touchpoints and interactions a customer has with the brand or business: payments, rewards, inventory, delivery options, product return, supply chain, fulfilment options, and more. Buy online, return in-store. They should be in all retailers’ playbooks. Endless aisle.

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Tigerlily CEO talks turnaround and the next stage of sale process

Inside Retail

Travis Wright, Tigerlily CEO told Inside Retail, “When I joined Tigerlily in 2021, the goal was to significantly grow the online channel in efforts to become digital-first which was achieved in FY23.” Tigerlily currently operates 10 Australian retail boutiques and distributes products globally via 40 wholesale partners.

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