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How Luxury Brands Are Responding To COVID Tension With Innovation

Retail TouchPoints

For the luxury category, the pandemic’s impact has been multi-faceted, raising the stakes for brands to have larger conversations around how the “luxury experience” is defined and created for an evolved consumer base. Trend 1: Evolving Consumer Priorities Could Depress Luxury Spending. trillion in current exchange rates.

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Parlour X founder Eva Galambos on her life as a luxury fashion buyer

Inside Retail

Tastemaker and entrepreneur Eva Galambos first opened the doors to her luxury multi-brand boutique Parlour X in 2001 in Sydney, when she began introducing major international labels to Australian consumers, from Balenciaga to Vivienne Westwood. . For one, there were very few dedicated luxury boutiques in Australia.

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Where to Sell Handmade Items Locally

Small Biz Trends

Consumers frequently purchase crafts for both pleasure and practical use, and many handmade items are gaining popularity. Be sure to research each flea market to ensure you market your crafts to the right clientele. You’re sure to encounter a large audience of consumers ready to buy. Should You Sell Handmade Crafts?

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How Retailers Overcome Challenges of Seasonal Demand

365 Retail

Seasonal demand is the changes in consumer appetite that naturally occur at different times of the year, such as around Christmas or Black Friday. These fluctuations have their roots entwined with consumer preferences and behaviours stemming from cultural, economic, or climatic aspects. What Is Seasonal Demand?