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Watches of Switzerland UK sales impacted by ‘minimal return’ of tourist spending

Retail Gazette

The retailer noted the impact of the tourist tax, highlighting that UK performance continues to be driven by “domestic clientele with minimal return of tourist spending due to the lack of VAT free shopping”. For the year ahead, Watches of Switzerland expects adjusted EBITDA to rise between just 0.2 – 0.6%.

Returns 57
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DTC Brands Forge Unique Paths to Growth

Retail TouchPoints

When planning their strategy for growth, DTC brands can choose to: Increase distribution channels through avenues such as wholesale partnerships ; Expand their product assortments ; Use additional marketing channels ; and Build a community of like-minded consumers. Reaching an international clientele is a major milestone for any brand.

Wholesale 239
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Where to Sell Handmade Items Locally

Small Biz Trends

Be sure to research each flea market to ensure you market your crafts to the right clientele. Consignment Shops. Consignment shops can be an appealing option for handmade sales since the craftsperson gains access to a store at no cost unless a sale occurs. Handmade Artists Shop. Local Craft Fairs. Home Parties.

Jewelry 111
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Battered luggage brands hope travel makes a big comeback

Inside Retail

I think most Singaporeans are still very conservative, they will want to monitor and see…So maybe next year (sales) will improve more,” said Joyce Lim, director of wholesaler and retailer at The Travel Store. But growing concerns of an even more dangerous strain of the Covid-19 virus emerging may also deter Singaporeans from travelling. “I

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13 Retail Marketing Tips For Small Businesses In 2023

Retail Minded

Contactless shopping, delivery, and curbside pickup — once a public health necessity — have now turned into conveniences many consumers regularly expect. This is just one of the many ways shopping has evolved. About 37% of people say they use contactless delivery more than they did pre-pandemic.