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From stock levels to financing: How interest rate hikes impact retail

Inside Retail

Partner at accounting firm Pitcher Partners Mark Harrison believes rising interest rates can also make it harder for retailers to obtain finance, as businesses are assessed as having a lower capacity to borrow funds. The post From stock levels to financing: How interest rate hikes impact retail appeared first on Inside Retail.

Finance 246
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David’s Bridal Expands Loyalty Program Rewards to the Full Wedding Party

Retail TouchPoints

To enter, members just need to log into their Diamond account between now and Nov. We know one-third of bridesmaids are engaged brides and almost half of brides are also bridesmaids,” said Kelly Cook, President of Brand, Technology and Finance at David’s Bridal in a statement.

Finance 290
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Airwallex helps Poppy Lissiman save six figures, avoid the conversion trap

Inside Retail

Fees can be charged when settling funds into your processing account, transferring funds to your bank account, and paying suppliers. Designed for modern businesses growing beyond borders, Airwallex is now trusted by leading companies around the world to manage everything from payments, treasury, and spending to embedded finance.

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Retail appointments of the week

Inside Retail

Prior to joining American Outdoor Brands, Vulgamott held a number of senior positions with Smith & Wesson Brands’ outdoor products and accessories division. He formerly worked for Lockton Companies, a privately held insurance broker, as director of finance.

Outdoor 130
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Starbucks, Amazon and Gucci: Retail embraces crypto, but it’s not easy

Inside Retail

Charles and Keith, an affordable Singapore-based accessories label, is the first homegrown brand in the APAC region to accept cryptocurrency on its e-commerce sites. Beyond crypto’s ties to the underworld, accepting digital currencies also means a massive change to the financial infrastructure and accounting systems of companies.

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“We felt we had to do something quite radical”: Pandora’s SVP of sustainability

Inside Retail

Sustainability was embedded in every part of the brand’s Phoenix growth strategy, from financing to the entire supply chain. “We Twomey-Madsen said that Pandora has always taken sustainability into account even before many business leaders were talking about ESG. We felt we had to do something quite radical.

Finance 278
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4 ideas for increasing Black representation in fashion – straight from NYFW

Inside Retail

Close the financing gap. But many Black-owned brands struggle to access the financing they need to fill large purchase orders. Diversity, equity and inclusion can’t be the only place in a company that fails year over year and nobody is held accountable. But there’s still a lot of work to be done.

Fashion 130