Retail TouchPoints

AUGUST 3, 2021

It has been a year since the pandemic rocked a fashion industry that was already feeling the pressure of trying to keep pace with consumer shifts toward digital, ethical sourcing and eco-friendly products. 2021 will continue to be an uncertain year, with business growth slow to pick up for the industry. Fashion Resale.

Fashion

Inside Retail

OCTOBER 22, 2023

Fashion marketplace Poshmark has announced the closure of its operations in Australia, India and the UK to focus on its North American business. Founded in 2011, Poshmark is a social commerce marketplace where users can buy and sell new and secondhand fashion, home goods, and electronics.

Marketing

Retail TouchPoints

MARCH 3, 2021

American Eagle (AE) kicked off its spring 2021 Jeans Are Forever campaign with the debut of its AE x Snapchat AR Jeans Guide, featuring a range of fashion denim for men and women. As social commerce adoption continues to pick up its pace, more retailers are offering shoppable content on platforms like Snapchat, Instagram and TikTok.

Social Commerce

Retail TouchPoints

OCTOBER 4, 2022

The transaction aims to create a global player in online fashion recommerce by combining Poshmark’s discovery-based social shopping platform and engaged community with Naver’s technological prowess in creating ecommerce experiences.

Social Commerce

Retail TouchPoints

AUGUST 26, 2020

Iconic fashion designers Jason Wu, Rebecca Minkoff and Christian Siriano might seen an odd fit for a retailer that sells circular saws and plumbing supplies. But Lowe’s also features a wide range of home décor items, and that’s its connection with the designers and New York Fashion Week, which will take place Sept.

Fashion

Retail TouchPoints

JUNE 2, 2022

THE YES features hundreds of merchants and boasts a fashion taxonomy that relies on human input and machine learning to power its algorithm. With this acquisition, Pinterest is setting the stage for an expanded social commerce strategy and product offering. The transaction is expected to close during the second quarter of 2022.

Shopping

Retail TouchPoints

OCTOBER 24, 2022

Zara and eBay are advancing resale in the UK with two new initiatives: the launch of Zara Pre-Owned, and partnership with the British Fashion Council to launch the Circular Fashion Innovator’s Fund, respectively. Investments will focus on areas including the customer experience, circular inventory and services, and social commerce.

Fashion

Retail TouchPoints

AUGUST 12, 2022

By the close of its ninth edition in June, the New York Fashion Tech Lab (NYFTLab) and its largest-ever group of partner retailers and brands from major corporations had provided support to five women-led emerging business-to-business fashion technology companies. Five New Technologies Driving Retail Personalization.

Social Commerce

Retail TouchPoints

MARCH 14, 2023

Online fashion retailer ASOS has named Criteo as its exclusive partner for endemic brands’ advertising across its app and web experiences. Following a banner 2021 — in which the company acquired a number of brands , including Topshop and Miss Selfridge and launched a joint venture with Nordstrom in the U.S.

Advertising

Retail TouchPoints

APRIL 7, 2022

Social commerce. Some fashion retailers today use visual outfitting to help them carve out fresh brand positioning and show product versatility. million and $13 million in Q2 and Q3 2021 respectively. Livestreaming. Augmented reality. They’re exciting, buzzy and cool, and retailers can’t wait to try them.

ATS

Retail TouchPoints

FEBRUARY 18, 2022

B2C fast fashion platform Wish has launched a new shoppable video feature to simplify the path to purchase on its site. The new Wish Clips feature allows merchants to create and upload five- to 30-second video clips that showcase their product in action.

Fast Fashion

Retail TouchPoints

JANUARY 25, 2022

But while it was one of the buzziest topics of 2021, and looks to stay that way in 2022, the metaverse itself isn’t a new concept. According to Napoli, as of November 2021 only 31% of U.S. In Q3 2021, NFT trading reached $10 billion , up 704% from Q2 2021, said Napoli. The space has seen huge growth in the last year.

Consumer

Retail TouchPoints

MAY 12, 2022

You may have even heard of metaverse fashion week hosted by Decentraland in March 2022. This generation of “Super Creatives” are more likely to engage in social commerce than older generations. In 2021, the global metaverse market was estimated at $38.85 But it won’t be very long before it’s commonplace.

Marketing

Retail TouchPoints

DECEMBER 21, 2023

Kohl’s and Nine West launched an adaptive apparel line, and QVC leveraged some star power by launching an accessible fashion line in partnership with Selma Blair and Isaac Mizrahi. The latter had always been based on a marketplace model, and Shein added a marketplace in May to expand its reach beyond fast fashion.

Sporting Goods

Retail TouchPoints

SEPTEMBER 22, 2022

From 2019 to 2021, the Luxury Pavilion has seen its customer base grown by more than 150% and sales have increased nearly 300%. To celebrate the platform’s anniversary and solidify its dominance in online luxury, the Luxury Pavilion will host an augmented reality fashion show on Sept. 22 in collaboration with Vogue China.

Fashion

Retail TouchPoints

OCTOBER 6, 2021

We think about it as a way to engage with customers in much more meaningful fashion ,” said Kim Tunick, Senior Director and Head of Brand Experiences and Partnerships for Walmart at the Coresight event. Only beauty and fashion brands can use livestreaming (Definitely not.). ‘Sell First, Entertain Second’.

Returns

Hyken

MAY 31, 2021

Ad Age) Here are 5 tips for marketing organizations looking to maximize their Discovery Commerce opportunity from Aubrie Richey, VP of media for TechStyle Fashion Group that brought us brands like Fabletics and Savage X Fenty. The post 5 Top Customer Service Articles of the Week 5-31-2021 appeared first on Shep Hyken.

Merchant Services

Retail TouchPoints

MAY 9, 2023

Despite the controversies, the fast-fashion brand has been named one of Gen Z’s favorite brands and one of the fashion industry’s most popular brands. As its reach and impact in the fashion industry continues to grow, SHEIN is focused on righting the brand ship and zeroing in on its manufacturing and product development processes.

Fulfillment

Retail TouchPoints

JANUARY 19, 2022

Ralph Lauren is a founding member of the Fashion Pact , a global coalition of companies in the fashion and textile industry committed to stopping global warming, restoring biodiversity and protecting the oceans. In the end, the company’s goal is to have a measurable and tangible impact with its sustainability focus.

Department Stores

Inside Retail

MAY 29, 2022

Online marketplaces such as Lazada, Shopee, Tiki and Tokopedia dominate the e-commerce market in Southeast Asia, accounting for 65-75 per cent of the e-commerce Gross Merchandise Value (GMV) in Indonesia, Malaysia and Singapore, and 35-50 per cent of GMV in Thailand, Vietnam and the Philippines, Google’s e-Conomy SEA 2021 shows.

Social Commerce

Retail TouchPoints

SEPTEMBER 2, 2022

Gen Z had $360 billion in disposable income in 2021 and this demographic’s spending power is always growing. 12, 2022, for the Retail Influencer CEO Forum Featuring The Z Suite.

ATS

Retail TouchPoints

FEBRUARY 25, 2022

The explosive growth of China’s luxury fashion sector is being driven by a major influx of new shoppers: 50% of customers entered the market just in the past 12 months, and this group is expected to drive 80% of its growth, according to a survey by Oliver Wyman. billion in 2021.

Marketing

Retail TouchPoints

OCTOBER 8, 2021

The two companies collaborated on a Fall 2021 collection that launched online and in stores in two key markets: the U.S. (on Supreme’s brand clout and value is undeniable — and True Religion is the latest brand to successfully cash in. on September 30) and Japan (on October 2).

Marketing

Retail TouchPoints

JANUARY 23, 2023

For example, we worked with Givenchy Parfums, a fashion and cosmetics company, to find a way to increase customer engagement. A 2021 report found that more than half (52%) of adult social media users consider a platform’s privacy and data policies an “extremely impactful” part of the decision to interact with ads or sponsored content.

Customer Experience

Retail TouchPoints

OCTOBER 21, 2022

McKinsey calls this embedded finance — when a financial product or solution is placed in a non-financial setting, for example on a social media platform or in a store (private label credit cards are one old-school example). alone in 2021 and has the potential to double in the next three to five years. Denise Leonhard, VP and GM, Venmo.

Merchant Services

Inside Retail

FEBRUARY 26, 2023

How e-commerce hurts the environment National Retail Federation figures show that about US$218 billion of online purchases (against US$905 billion is gross sales) were returned in the US from merchandise sold in 2021. Furthermore, in Australia, data from Australia Post reveals return rates have doubled since 2019.

Returns

Inside Retail

SEPTEMBER 19, 2024

Nevertheless, as Shopee enhances its market presence, it remains to be seen whether TikTok can sustain its current growth trajectory and maintain its competitive position in the e-commerce landscape. Social commerce has been prevalent in Southeast Asia for more than a decade. What was the appeal?

Shopping

Retail TouchPoints

DECEMBER 6, 2022

There was a time not too long ago (during those horrible pandemic years we’re all trying to forget) when makeup went out fashion. Sky High mascara was the biggest beauty launch of 2021 and is now the #1 mascara in the U.S. — Who needs eyeliner when you’re not really seeing anyone? But that time has clearly passed.

Consumer

Retail TouchPoints

OCTOBER 6, 2022

this holiday season compared to 2021, and McNamara cited consumer demand for more deals and promotions as a likely reason. Online luxury fashion retailer Farfetch has experienced huge growth over the past couple of years, but was struggling to maintain its service levels in pace with that expansion.

Merchant Services

Retail Minded

APRIL 7, 2022

According to a recent article in Vogue , Gen Z are 56 percent more likely to have shopped for fashion in-store over the last three months and 38 percent more likely to have shopped online in the same timeframe.

Consumer

Retail TouchPoints

JULY 2, 2021

Executives from a who’s who of retailers, social networks and even advocacy groups shared their visions of retail’s future at NRF Converge 2021 , held June 21-25. When we had our fashion show, we were able to really open up the door for brands to see the fashion show and models with disabilities.”.

Merchant Services

Inside Retail

JUNE 17, 2021

According to a 2019 study by McKinsey, young Chinese consumers will account for 65 per cent of the growth in luxury fashion and accessories globally heading into 2025. As a result, social commerce is no longer considered a separate shopping channel. There can be no doubts about the opportunity.

Payment Services

Retail Assist

JANUARY 12, 2023

Jigsaw teamed up with luxury rental and re-sale platform My Wardrobe HQ in 2021, giving consumers the change to rent collections and sell any of their own pre-loved Jigsaw items. Social Commerce. Levelling up the social commerce space is live commerce.

Retail Trends

Independent Retailer

JANUARY 5, 2023

Now, shoppers are looking for omnichannel commerce, social commerce, and interactive retail experiences.”. In order to capitalize on ecommerce growth, Sanjay Mehta, Head of Industry and Commerce at Lucidworks , shares some success tips for the new year: 1. 10 Key Wholesale Trends Shaping the Fashion Industry in 2023.

Payment Services

Retail Geek

FEBRUARY 28, 2023

In this episode we cover: Amazon Q4 Earnings Walmart Q4 Earnings US Department of Commerce Q4 e-commerce data Discussion of Temu and other Social Commerce News Don’t forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. more than 20 21 largely because 2021.

Apparel

Retail Geek

JANUARY 6, 2023

Matt: [2:02] Yeah have you too I like to think about my career or having two careers to date the first one was, very foundational for what I’m doing now but very quantitative, process-oriented mechanical engineering patent law Manufacturing, Ops Consulting things that had nothing to do with retail or fashion or e-commerce and then I. [2:32]

Merchant Services

Retail TouchPoints

SEPTEMBER 14, 2022

Unfortunately that ancient (1989) bit of cinematic wisdom hasn’t exactly held true in the modern field of social media, where platforms including TikTok , Facebook and Instagram are increasingly pulling back on social commerce initiatives that have failed to attract enough of the right players. is livestream shopping.

Social Commerce