Remove tag china
article thumbnail

The Global Reach and Sustainable Impact of Green RFID Technology

Retail TouchPoints

It is a technology that uses radio waves to read information stored in an antenna — at retail, this is most commonly placed in a sticker or tag — without requiring physical contact or a line of sight. After all, some RFID tags are as cheap as 4 cents a unit , meaning they can be significantly cheaper than the potential loss.

article thumbnail

Louis Vuitton picks Shanghai for first furniture and homewares store

Inside Retail

While no price tags were on show at the store during a media preview, a Louis Vuitton employee said a brightly hued hanging cocoon chair designed by the Campana brothers is priced at more than US$97,860 and a small lamp resembling a glass milk bottle encased in leather straps cost $1,452.

Consumer 246
Insiders

Sign Up for our Newsletter

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

article thumbnail

From resale to recycled steel, Swiss watches adapt for the next generation

Inside Retail

The likelihood of purchasing a pre-owned watch in the coming year was highest in China and the UAE, both 62 per cent, followed by Hong Kong at 44 percent. In China, D2C channels are strong, with luxury companies selling through platforms such as WeChat, their mini programs and Tmall Luxury Pavilion.

Consumer 263
article thumbnail

What’s driving the explosion of Australian retail acquisitions?

Inside Retail

Here, Inside Retail looks at the factors driving global interest in Australian retailers, as well as the challenges and opportunities that can follow acquisition. As Liz Webster, a management consulting partner for Grant Thornton Australia, pointed out, it’s usually more of a slow burn.

article thumbnail

Bondi Active on its new flagship store and international expansion plans

Inside Retail

You go down to the beach at 6am, and there’s hundreds of people doing soft sand runs, swimming, or hitting the gym,” Oayda said. The brand – which is opening its flagship store in February after a four-month pop-up at the Birkenhead Point Outlet – achieved 250 per cent year-on-year growth in December 2022. But we have been growing.

Planning 240
article thumbnail

Why strong vendor partnerships are essential in a challenging retail climate

Inside Retail

At last month’s Toy Fair in Melbourne, Josh Bonello, sales director of toy manufacturer and distributor BMS Brands, recalls every retailer he engaged with saying they wanted to forget 2023, a terrible year for most. From a retailer’s perspective, the biggest challenge has been managing inventory.

Outdoor 246
article thumbnail

Revolutionizing Retail Sustainability with Eco-Friendly Innovations

Retail TouchPoints

The retail industry stands at a crossroads over concerns about sustainability. which reduces reliance on external utilities; and Developing recycling and circular economy capabilities to manage product lifecycles from design through disposal. Joseph Schlossberg is a VP of Global Sales at Sourcing Solutions International (SSI).

Apparel 221