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Can innovation help Nike maintain its market dominance?

Inside Retail

The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”

Marketing 246
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Retail appointments for the week

Inside Retail

Having operated at the cusp of change for more than two decades, Steve is familiar with the market pace needed to deliver digital, cultural, organisational and functional change that builds competitive advantage,” R.M. Williams stated. “He New Hugo Boss CEO steps into role.

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Mirvac finds a good fit with social fashion app Mys Tyler

Inside Retail

More than 83,000 women from over 100 countries have downloaded the app, with the US, Australia, and the UK accounting for 70 per cent of users. There are also plans for a styling takeover of Birkenhead Point in Drummoyne, NSW, which have been delayed due to Covid restrictions. Solving the $1 trillion ‘fit’ problem.

Fashion 246
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Three Quarters of Brits Start Saving a MONTH Before Black Friday

365 Retail

In a survey of 1,000 Brits by telecommunications provider, Esendex, more than half (56%) say they are happy to hear from businesses about their Black Friday plans up to two weeks in advance of the date, which is set for November 25 this year. For example, try to figure out what their plans are for Black Friday.

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Mys Tyler founder on why fashion brands should embrace body positivity

Inside Retail

SN: Ten years ago, I was living in New York, working in telecommunications, when I had an idea for a pre-paid data SIM card to help international travelers stay connected without the fear of bill shock. IR: What are your plans for Mys Tyler this year and what is your long-term vision for the business?

Fashion 130
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How bonuses and incentives help customer retention 

365 Retail

The mechanics of a referral programme are straightforward– current customers extend invitations to their acquaintances or relatives to register an account on the website and engage in activities. These technologies are extensively utilised in several sectors, including retail, commerce, telecommunications, hospitality, and travel.

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What Is a Digital Twin?

Nvidia

The worldwide market for digital twin platforms is forecast to reach $86 billion by 2028, according to Grand View Research. By many accounts, NASA was the first to introduce the notion of the digital twin. Digital twins of smart cities can enable better planning of construction as well as constant improvements in municipalities.