Remove Consumer Remove Fashion Remove Marketing Spend Remove Returns
article thumbnail

How Asos plans to bring itself ‘back into fashion’ – and will it work?

Retail Gazette

Asos chief executive José Antonio Ramos Calamonte is confident his turnaround plan will see the struggling fashion giant return to profitability in 2025 – despite, it plunging to an almost £300m full-year loss. He plans to do this by a shift “back to fashion” But what exactly does this entail?

Fashion 62
article thumbnail

How Constellation Brands is Using DTC Tactics to Take its Wholesale Business Omnichannel

Retail TouchPoints

A large part of the impetus behind the acquisition was Empathy’s expertise in DTC and building digital brands by leveraging consumer insights and analytics. It’s an approach that you see in sectors like beauty or fashion, but for the first time ever being introduced to wine and spirits.”. Taking a Long View to Optimize Marketing Spend.

Wholesale 215
Insiders

Sign Up for our Newsletter

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

article thumbnail

Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

After several years of declines and a host of executive switch-ups (particularly in the CEO role), Wish began a major overhaul of its business (still underway) and launched a marketing blitz to “reintroduce” itself to consumers in August 2022. The very next month Temu debuted in the U.S. Wish is based in the U.S.,

article thumbnail

How Gucci and Ikea are using AR to drive sales

Inside Retail

According to an International Data Corporation (IDC) study, AR is anticipated to see compound annual growth rates of up to 135 per cent in retail market spend by 2023, and Snap is eager to get a slice of the pie. Consumers like to see what an item would look like offline. Virtual try-ons advance hair and beauty.

Returns 147
article thumbnail

Can Superdry’s restructuring plan save the business?

Retail Gazette

The ailing fashion retailer’s last-ditch attempt to stay afloat includes gaining rent reductions across 39 of its 94 UK stores, a £10m equity raise underwritten by Dunkerton, and delisting from the stock market. He also says that Superdry has not been at “the leading edge of fashion trends” for some time.

article thumbnail

‘Indecision is the hardest part’: Retailers react to Sydney lockdown 2.0

Inside Retail

For retailers with stores and offices in Greater Sydney, the Blue Mountains, Wollongong and the Central Coast of New South Wales, the two-week lockdown announced on Saturday has meant a return to stockpiling behaviour, remote working and potential supply chain disruptions. A lot of people pulled back media spend,” Makejev told Inside Retail.

article thumbnail

Are You Being Served? The Importance of Customer Experience

Retail Assist

Much has been said about a return to the roaring 20s, and there was certainly a feeling of optimism, and happiness in the air. Online sales continued to grow across most categories, but at a reduced rate as many consumers stepped away from their computers to head outside. Retail Week reported that retail soared 46.3%