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Exclusive Q&A: EY Defines 5 Post-Pandemic Consumer Segments

Retail TouchPoints

In 2018, Ernst & Young (EY) launched an ambitious project called FutureConsumer.Now , to model scenarios that would challenge present thinking about future consumers. Orschell discussed the differences and overlaps among these consumer segments as well as other recent research. for trusted brands and 23% for ethical products.

Consumer 276
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15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

By Tricia McKinnon The resale market is one of the fastest growing segments of retail. One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. Traditional retailers are not sitting back watching this market grow.

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Off-Price Retailers, the Secrets to their Success

Indigo 9 Digital

That’s what the founders of off-price stores like T.J.Maxx and Burlington Stores thought when they first opened their doors. Whether times are good or bad consumers flock to these stores in search of designer goods at low prices. Visits for the major off-price retailers are now above pre-pandemic levels.

Apparel 52
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The Brilliant Strategy Behind Supreme’s Success

Indigo 9 Digital

The popularity of the brand which sells jackets, hoodies, t-shirts, and other accessories online as well as in its stores caught the eye of private equity firm The Carlyle Group which made a $500 million investment in the brand in 2017 valuing the company at $1 billion. Having the drops occur at a specific time reinforces this habit.

Apparel 111
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How to Sell to Retailers In the U.K.

Rangeme

British consumers have global tastes – and the COVID-19 crisis appears to have further whetted their appetites for international products. The influential British magazine Retail Week has identified the desire for more adventurous flavours in food and drink as a critical trend for U.K. retailers look for in brands.

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How Ulta Beauty Takes Product Innovation to the Next Level

Rangeme

The beauty enthusiast is at the heart of everything Ulta Beauty does. As a one-stop beauty destination with full-service salons in every store, the retailer provides guests with everything across the spectrum of categories and services. RangeMe: What key product trends are you seeing in today’s marketplace?

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10 Things You Need to Know About the Jordan Brand’s Success & Growth

Indigo 9 Digital

Look at the Gap it has struggled to pass the tests of time yet the Jordan Brand is growing quickly at a time when people are spending less on clothing and more on things like technology, think iPhones and data plans. Nike has made a move over the last several years to grow its direct-to-consumer business.

Apparel 98