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Retail Pricing is a Science – Not an Art

Retail TouchPoints

Now, these smart-to-market brands are taking this time of fluctuating costs and economic uncertainty to evaluate their pricing strategies. With margins being squeezed from rising inflation and inventory challenges, brands need to better align pricing with the current market conditions and consumer demand.

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How Carolina Herrera turned a virtual dress into a viral moment

Inside Retail

Roblox is fast becoming a destination for collecting and wearing digital luxury fashion and accessories. The latest designer piece to arrive in the virtual world’s marketplace is a stunning yellow floral Carolina Herrera gown worn by Karlie Kloss during the designer brand’s Spring/Summer fashion show at New York Fashion Week.

Fashion 246
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Balenciaga creates $1800 bag resembling Lay’s potato chips

Inside Retail

In what seems to be an attempt at viral fashion, Spanish luxury label Balenciaga has unveiled a new handbag that resembles a bag of Lay’s potato chips. The rumoured retail price for the potato chip bag is USD$1800, a huge difference from a $3.99 View this post on Instagram A post shared by Lay’s (@lays). pack of chips.

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Goat Group: 7 Things You Need to Know About its Strategy & Growth

Indigo 9 Digital

“When they launched Goat, they really hit the right market segment. They went in and addressed a problem that the industry was having, which was fake products and authenticity, the things that made potential customers very leery of buying online,” said George Belch, chairman of the marketing department at San Deigo State University.

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Blowout Sale From LuxePak

Independent Retailer

Discount Price: $3 per unit Suggested Retail Price: $15 Minimum Order: 56 units. Retailers can even personalize the StashPak’s by using a dome label. Discount Price: $10 Suggested Retail Price: $25 Minimum Order: 40. Luxe WinePak with Accessory Kit. Best of all, it is made in the USA.

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Reebok Pacific GM talks new Chadstone store and growth plans down under

Inside Retail

The brand has a range of partnerships in the works, and recently opened its first domestic flagship – a 167sqm store at Chadstone Shopping Centre, showcasing new trends and styles, and introducing new customers to the vintage brand. Ashley Sampson: Reebok has been in this market for many years, and has operated under different entities.

Planning 246
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Goodbyes’ roadmap for national expansion and a store in every city

Inside Retail

Arguably, value might be the largest motivator behind secondhand purchases because when you’re shopping secondhand, you’re able to purchase a piece for a fraction of the original retail price. The focus at the moment is Australia because the customer base is here and they’re asking for it.

Fashion 244