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How China’s micro-drama boom is rewriting the rules of retail marketing

Inside Retail

According to a report by iResearch, the market size of micro-dramas in China last year reached US$6.85 The offbeat premise was a viral hit and a rare example of the F&B and home renovation sectors taking a narrative-forward marketing approach. Further reading: Whats driving the transformation of Chinas department stores?

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Experts discuss Printemps’ chance of success in the US retail market

Inside Retail

A year after the French luxury department store originally announced it would be launching its first US location, Printemps is officially opening a brick-and-mortar store in the heart of New York Citys financial district on March 21. of experiential multi-brand retail with a high quotient of experience via hospitality.

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How three Aussie retailers with a US presence are navigating the market now

Inside Retail

While there is no one-size-fits-all solution to the tariff problem, and the situation remains fluid, several Australian retailers told Inside Retail they are recalibrating their strategies and looking to streamline their operations rather than retreat from the lucrative US market.

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Saks Fifth Avenue teams with Reliance Retail to enter India amid luxury boom

Inside Retail

Indian retail conglomerate Reliance Industries Limited has signed a franchise agreement with American luxury department store Saks Fifth Avenue to expand its luxury retail portfolio through its subsidiary Reliance Retail, the company said in its third-quarter financial report last week.

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The “Great Mall Resurgence” in the American retail market

Inside Retail

While American malls are experiencing increased foot traffic, there are a few things retailers need to be aware of before they rush back in with a new in-mall location. For example, one key difference between “malls today compared to yesteryear is that the anchor stores are different,” Saunders pointed out. “In That is less so today.

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Central Group snaps up KaDeWe’s remaining assets. What’s next?

Inside Retail

Central’s acquisition move is not unusual,” Selvane Mohandas du Ménil, International Association of Department Stores managing director, told Inside Retail. Central Group made the headlines again in 2022 after snapping up Selfridges Group, making it the largest luxury department store operator in Europe.

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How Korea’s big 3 department stores are killing it right now

Inside Retail

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. Shinsegae, Lotte, and Hyundai account for the top nine department stores in the country (coming in at number 10 is Galleria’s high-end flagship in Seoul). trillion KRW ($2.1