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

Retail TouchPoints

Two years later, as consumers adapted to shutdowns designed to stem the spread of COVID-19, EY recognized that the speed of consumer transformation had greatly accelerated and that new research was needed, explained Jeff Orschell, EY’s Americas Retail Leader and Global Account Leader, in an interview with Retail TouchPoints.

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Goat Group: 7 Things You Need to Know About its Strategy & Growth

Indigo 9 Digital

They went in and addressed a problem that the industry was having, which was fake products and authenticity, the things that made potential customers very leery of buying online,” said George Belch, chairman of the marketing department at San Deigo State University. Nike Dunks represent nearly 50% of Nike sales at Goat and Fight Club.

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The Brilliant Strategy Behind Supreme’s Success

Indigo 9 Digital

British-American entrepreneur James Jebbia started Supreme out of a skateboard shop in New York City in 1994. This approach is different than the one taken by brands that drop an entire collection all at one time. Having the drops occur at a specific time reinforces this habit. Scarcity that heightens demand.

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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. Off-price retailers are benefiting from troubles retailers higher up the value chain are facing.

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15 Best Apps for a Business Selling Clothes

Small Biz Trends

One standout feature of Poshmark is the app’s virtual posh parties, whereby thousands of Poshmark users gather several times a day to create listings, share listings, and shop. When your old clothing sells, you’ll be sent a shipping label so you can drop the item off at a postal dropbox. The RealReal.

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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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How to Sell to Retailers In the U.K.

Rangeme

RangeMe provides the shop window through which you can display your products to buyers in the U.K. The sell sheet should include product information, including key benefits and unique selling points, but also practical data such as your suggested wholesale and retail pricing, as well as any discounts you are prepared to offer for bulk orders.