Remove Accounting Remove Clienteling Remove Finance
article thumbnail

Beating expectations: Is Hermes immune to the global downturn?

Inside Retail

Gucci, which accounts for half of the group’s annual sales and two-thirds of its profit, was down 25 per cent in the quarter. Eric du Halgouet, executive VP of finance for Hermes, said during a press call that increased average transaction values across all regions have mitigated the impact of reduced foot traffic.

article thumbnail

The Digital Checkout: How Tech is Revolutionising Online Transactions

Retail Focus

As we approach more advancements in the payments sector, it is crucial to comprehend how technology is transforming this vital industry and its implications for financial institutions and their clientele. What led to the fundamental role of digital payments in payment models?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Launch a Lifestyle Business in the Age of Social Distancing

Retail TouchPoints

The entrepreneur that embarks on this type of journey does so to enhance their quality of life, while also enhancing their bank account. Although the fundamentals behind beginning a lifestyle business and a standard business are different, it’s important to note whether you’re chasing freedom or finance , both requirehard work.

article thumbnail

How to Build a Global Business: Key Considerations for Companies Looking to Expand

365 Retail

Multi-Currency Payment and Accounting Software Having the capacity to manage finances in several currencies is a complex but necessary part of expanding your global business operations. You should consider investing in accounting software that can process transactions in multiple currencies at once.

article thumbnail

5 Critical Omni-Channel Fulfillment Strategies (and How to Avoid Mistakes)

Retalon

The world’s most successful retailers don’t just choose one, they leverage a combination of strategies, based on the needs of their clientele: 1. Buy online pick up in store (BOPIS). To ensure customer satisfaction, there are several approaches you can take. Common Inventory Fulfillment Challenges.