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Myer’s strategic moves suggest the future of retail is consolidation and loyalty

Inside Retail

Myer’s acquisition of Premier Investments’ Apparel Brands appears to be the next step in Olivia Wirth’s plan for the department store’s loyalty program, Myer One. But it’s not all about size, Premier’s Apparel Brands’ omnichannel strategy and customer connection align with Myer’s approach to loyalty.

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How a B2B Resale Platform can Solve your Holiday Returns Pile-up

Retail TouchPoints

They can also easily onboard any existing buyers or do targeted marketing to a particular type of buyer. For example, lot optimization, accurate manifests, targeted marketing, choosing a specific resale channel and other strategies all contribute to better results. can make a big difference.

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Why Indian tourists are set to transform global travel retail

Inside Retail

Spending on high-end goods, particularly luxury apparel, gadgets and cosmetics, is well recognised among Chinese tourists. How to attract Indian spenders Destinations wanting to attract Indian leisure travellers should consider targeted marketing, a wider selection of affordable options, and culturally relevant products.

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The Hermes of yoga? Premium sportswear brands enjoy rapid growth in China

Inside Retail

The market, the world’s biggest after the United States, is seen growing 7 per cent this year to $59 billion, outpacing the 0.8 per cent forecast growth in non-sportswear apparel and footwear, according to data from Euromonitor. By comparison, Nike’s sales in the Greater China market rose 4.5

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RetailWire: Cheers For Lululemon’s MIRROR Acquisition, But Is The Pricing Right?

Retail TouchPoints

Zel Bianco, President and CEO, Interactive Edge This definitely makes sense, as it both a practical way to get their customers in shape while also being a showroom of sorts as it is very likely that instructors will be showcasing new apparel. Great for lululemon’s brand, and probably well-matched for its target market.

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PreciseTarget Helps Retailers Find and Reach Out to High-Value Customers

Retail TouchPoints

AcquisitionAI expands upon the ConsumerInsights service, which aims to provide apparel and fashion brands with deeper data, knowledge and actionable insights about their existing customers and best acquisition targets. AcquisitionAI includes integration with Facebook and other digital ad platforms.

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5 Lessons from the Bob’s Stores Bankruptcy

Retail TouchPoints

Brick-and-mortar retail is struggling, and apparel and footwear stores are suffering more than most. Customer engagement must be a top priority so that they don’t lose the attention of their target market. Bob’s has clearly come back from the financial brink before, but wasn’t able to do so this time.