Inside Retail

MAY 13, 2021

A year into the Covid-19 pandemic, there’s no question the global crisis has disrupted just about everything in the fashion world, from how we dress, to how we shop, to how the industry itself operates. Luxury fashion it-girls dress up for Prada’s ready-to-wear debut. If you’re ready for re-openings, so is Prada.

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Independent Retailer

APRIL 6, 2021

Informa Markets Fashion, host to a comprehensive portfolio of apparel and sourcing fashion trade events including MAGIC, COTERIE, PROJECT, and SOURCING at MAGIC, confirmed the first slate of event dates planned for the second half 2021. SOURCING at MAGIC.

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Inside Retail

OCTOBER 11, 2022

In direct opposition to the more singular body shape represented in most advertising, fashion app Mys Tyler connects users with models and influencers of similar body sizes, allowing them to find styles and clothing that will complement their body shape. 81 per cent of women don’t feel represented by fashion advertising.

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Fashion Advertising Telecommunications Accounting 130

Inside Retail

FEBRUARY 8, 2024

million and now account for 21.3 Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan. per cent, compared to the first half of the last financial year. The report revealed that online sales were $390.1

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Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

AUGUST 19, 2021

Amazon is continuing its advance into brick-and-mortar with plans for a series of large-footprint department store-style locations, according to the Wall Street Journal , which cited people familiar with the matter. The pandemic facilitated the explosion of online returns. based on its online sales. .

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Department Stores Returns Apparel Accounting 290

Retail TouchPoints

FEBRUARY 23, 2021

Digital accounted for 44% of net sales in Q4 2020, and the retailer also highlighted the fact that 25% of its digital sales were fulfilled from its brick-and-mortar stores via curbside pickup and same-day delivery. “The Additionally, the cost controls we committed to in February were key in helping us weather the pandemic.

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Department Stores Returns Jewelry Apparel 211

Retail TouchPoints

NOVEMBER 9, 2020

Taking unique preferences into account enables businesses to build a better relationship with their customers, encouraging a longer commitment and lessening churn. For example, consumers plan to increase subscriptions in the future within food and beverage (47%), fashion (41%) and pharma (48%).

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Returns Consumer Shipping Accounting 273

Inside Retail

NOVEMBER 25, 2021

In this interview with Inside Retail , Galambos discusses the evolving luxury landscape, the ever-changing role of buyers and her plans for the business in 2022 and beyond. I had also recently returned from many years working in the UK at luxury houses such as Armani and Prada. What are your plans for Parlour X in 2022?

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Fashion Boutique Clienteling Planning 130

Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Returning to its roots. That is one of the reasons we see an opportunity.”.

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Planning Department Stores Fast Fashion Fulfillment 147

Inside Retail

MAY 18, 2023

British luxury fashion group Burberry has reported US$3.72 Global spending by Chinese customers accounted for 30 per cent of the business revenue. The southern Asia Pacific region saw sales rise more than 35 per cent with a strong fourth quarter performance that increased more than 50 per cent, boosted by returning Chinese tourists.

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Fashion Accounting Returns Planning 130

Inside Retail

OCTOBER 6, 2021

Fast forward to October 2021, and Australia’s largest online fashion retailer The Iconic is leading the way on resale, partnering with AirRobe on the Circular Wardrobe, an initiative that allows customers to resell, rent, or recycle their preloved items with one click. They’ll fall behind the competition if they do.”.

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Payment Services Fashion Accessories Checkout 246

Retail TouchPoints

AUGUST 7, 2023

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” While Wish doesn’t share GMV breakdowns by category, Liu said that these four categories account for more than 50% of GMV on the platform.

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Merchant Services Drop-Shipping Shipping Payment Services 206

Inside Retail

MAY 31, 2022

That means having honest conversations with BNPL providers and your own team around issues like fees, integration, UX, accreditation and customer ownership, accountability and bad debt management. . What BNPL plan will work best for your product price points, and will you need any additional accreditation?

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Payment Services Checkout Finance Returns 130

Inside Retail

OCTOBER 12, 2023

Guzman Y Gomez appoints Hilton Brett as co-CEO By Celene Ignacio Quick service restaurant Guzman Y Gomez (GYG) has appointed Hilton Brett as co-CEO, effective immediately, as the company plans to launch an initial public offering and further expand in the US. Returning feels natural and very personal. My heart has always been Chloé’s.

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Returns Fashion Finance Accounting 130

I Love Fashion

JANUARY 4, 2021

Fashion Digital Marketing Agency. The advent of technology and digitalization have collectively been a concrete reason for the evolution of Fashion Ecommerce. Like other industry verticals, the Fashion eCommerce Marketing retail landscape has also endured a tangible change. The result? Chatbots and Virtual assistance.

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Fashion Inventory Management Marketing Shipping 111

Retail Gazette

MARCH 6, 2024

Administrators at FRP said the reduced store footprint would coincide with “a renewed focus on the brand’s products, online sales channels and wholesale strategies, bringing the brand in line with industry peers and supporting a return to financial stability”.

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Fast Fashion Fulfillment Planning Fashion 104

Retail Gazette

JULY 5, 2023

The new site is offering shoppers up to 90% off and forms part of the fashion retailer’s strategy to right-size its stock portfolio as it looks to cut costs. The platform is only available for UK customers, and shoppers will be required to register with a new account.

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Fashion Fulfillment Accounting Returns 63

Inside Retail

APRIL 4, 2024

This is all about how we can get more relevant for Asian women and men and let them know about what Geox is all about – the science, the fashion and the design.” After that, he returned to the three-generation family wine business. In India, the company has different plans. “We’ve

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Fashion Consumer Marketing Accounting 130

Retail Gazette

MARCH 11, 2024

Matalan’s pandemic cost-cutting efforts returned the business to stable ground ahead of its sale last year, helping to provide a launchpad as it steps up its transformation plans under CEO Jo Whitfield. in its second quarter, with sales up 0.8%

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Markdowns Fashion Accounting Returns 52

Retail TouchPoints

JUNE 21, 2022

Before the May 25, 2022 grand opening of Amazon Style — the retailer’s initial venture into fashion brick-and-mortar retail — some thought the Los Angeles space at the Americana at Brand would be dominated by technology and devoid of human interaction. Fitting Digital into Physical Fashion Retail. Photo courtesy of Amazon.

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Payment Services Checkout Fashion Jewelry 191

Inside Retail

MAY 25, 2021

Global trade unions IndustriALL and UNI Global have announced plans to pull out of the RMG Sustainability Council (RSC), the organisation that is responsible for key aspects of the Accord, such as factory inspections and worker safety training, because its policies won’t be legally binding after the Accord expires on May 31. .

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Fashion Accounting Returns Promotions 246

Retail TouchPoints

OCTOBER 15, 2021

More and more, that means rethinking product development and expanding their sizing and assortment planning to represent a wider range of sizes and body shapes. But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base.

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Consumer Merchant Services Markdowns Fulfillment 289

Inside Retail

JUNE 14, 2021

From fashion to jewellery to furniture, the specific application might vary across products, but the fundamental principle remains the same. New research from global resale site StockX suggests many consumers are now buying products with future returns in mind. . Or does it?

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Fashion Consumer Accounting Marketing 246

Retail Gazette

OCTOBER 10, 2023

Selfridges narrowed its losses last year thanks to a rebound in sales returning to near pre-pandemic levels. loss the year before, according to accounts filed on Companies House. However, when taking into account a surge in debt interest costs, the retailer lost £38m for the year, down from the £83.9m

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Department Stores Payment Services Accounting Returns 79

Retalon

MARCH 2, 2021

Business-Specific Analytics & AI for Fashion Retailers. But let’s be honest, what do fast food restaurants, automotive, luxury fashion, and an online pharmacy have in common? Destination resorts that run gift shops must account for occupation rates in their hotels as well as weather. . How do you handle returns?

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Fashion Markdowns Promotions Accounting 41

Inside Retail

SEPTEMBER 26, 2023

They say SafeSize’s technology is proven to increase sales, reduce returns, and improve customer satisfaction. SafeSize is now the only company in the world that has an extensive database of 3D inner dimensions of sport, fashion and kids’ shoes – a treasure trove of information that even the manufacturers themselves do not have.

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Consumer Returns Marketing Fashion 130

Retail TouchPoints

OCTOBER 20, 2021

On the other hand, some businesses, such as home improvement stores, actually saw sales increase throughout the pandemic and began course-correcting their retail footprints to account for more online traffic. To account for this, some retailers have shifted to a hybrid model of livestreamed in-store events.

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Sporting Goods Accounting Promotions Consumer 255

A1 Retail

FEBRUARY 12, 2024

Spring Fair, the UK’s largest and most inspirational retail marketplace for Home, Gift and Fashion, closed on a high after four days of intensive buying, creativity and fun, and now looks ahead to its 75 th anniversary in 2025. I’ve seen some fabulous new products, and some new accounts opened.”

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Fashion Returns Accounting Management 59

Inside Retail

JULY 6, 2023

The weeks leading up to Christmas, Cyber Monday, and Black Friday typically see a surge in promotional activity that can account for a significant portion of a brand’s annual revenue. LSKD founder and CEO Jason Daniel said that the brand spends a lot of the year planning and preparing for peak period.

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Fulfillment Shipping Promotions Returns 242

Retail Gazette

APRIL 15, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Much of its revenue growth was also driven by online sales, although the business said shoppers are returning to its stores as they “continued their recovery, post-Covid restrictions.” Of that, £11.7m

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Returns Accounting Planning Shopping 52

Retail TouchPoints

AUGUST 30, 2021

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. I’m not an accountant, but stores are on the asset side of the balance sheet for a reason, and they need to be leveraged as much as possible to squeeze as much out of them as you can.”. Foot Locker managed solid 6.9%

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Consumer Fulfillment Department Stores Sporting Goods 313

Inside Retail

MARCH 31, 2022

Audemars Piguet did not return requests for comment. Russians account for around 2 per cent to 3 per cent of global luxury spending, or around 7 billion euros (US$7.75 billion), dwarfed by the US and China, according to Claudia D’Arpizio, senior partner and head of fashion and luxury at consultancy Bain.

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Inside Retail

MARCH 14, 2024

Revo Sunglasses return to independence Revo Sunglasses was founded by Nasa astrophysicist and optical engineer Dr Mitch Ruda who asked himself the question, what if we used the coatings that protect satellites to shield our eyes from the sun? Eventually, the brand made its way back to independence once it was acquired by B.

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Location Wholesale Consumer Planning 130

Inside Retail

JANUARY 19, 2022

The ASX-listed parent of retail chains including Noni-B, Katies, Rivers and Rockmans, says online sales hit $119 million, up 21 per cent year on year and accounting for about 40 per cent of total group sales of $298 million. The company expects to end the first half with EBITDA of about $8 million.

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Retail Gazette

OCTOBER 5, 2023

On top of that, she has faced fierce criticism around her turnaround plan, which includes a focus on non-retail activities such as house building. Mark Price With John Lewis in peril, could we see Lord Mark Price return to the Partnership? His deep grocery experience could be vital in getting Waitrose back on form. Sound familiar?

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Supermarket Department Stores Grocer Returns 110

Retail Gazette

DECEMBER 21, 2023

The Range has since started opening Wilko stores and owner Chris Dawson told Retail Gazette earlier this month that he plans to open 40 more next year. Although White has had some successes, such as the launch of John Lewis value range Anyday, some elements of her plan such as its foray into housing has been met with criticism.

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Grocer Department Stores Fashion Planning 114

Retail Focus

JANUARY 12, 2023

The old-fashioned way of doing that was always to have staff available. But, of course, that has many downsides, such as cost, workforce planning, etc. There are plenty of accountancy software packages for raising invoices, many of which can easily integrate with B2B eCommerce software to automate the process at the appropriate time.

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