article thumbnail

Warby Parker revenue up 12.2% in Q1 as it reins in marketing spend

Retail Dive

The direct-to-consumer eyewear company narrowed its net loss again and is focused on becoming a holistic eye care provider.

article thumbnail

E-commerce apps lose pandemic luster: report

Retail Dive

New research shows downloads and marketing spending is declining amid shifts in consumer behaviors, data privacy changes and recession fears.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Her Black Book’s focus on women-led brands drives 10-fold traffic surge

Inside Retail

The app has seen a ten-fold increase in daily usage since the Festival of Her launched, and Her Black Book’s social media notices have reached 880,000 people without direct marketing spend, Stevanja told SmartCompany.

Fashion 245
article thumbnail

Consumer demands for curated ads from trusted brands is prompting retailers to tap retail media opportunities

365 Retail

Commenting in ADvendio’s latest report ‘Where the Retail Media opportunities lie in 2023 ’ , IGD’s Global Insight Leader, Toby Pickard, said: “This is a significant opportunity for retailers to enhance their collaboration with suppliers, unlocking new opportunities for revenue and profitability as they win over marketing spend from ‘traditional’ media (..)

article thumbnail

“Change in behaviour”: Why Ikea’s Swedish meatballs are selling like hotcakes

Inside Retail

“We’ll be talking to different segments of the market in a slightly different way, depending on who they are, what their growth potential is, and how we can increase our market visibility and share,” she said. We’re also being flexible with our marketing spend and campaigns depending on where we need it.

article thumbnail

Asos pins hopes on cost savings after Christmas sales slide

Inside Retail

. “The current market backdrop is not favourable to retailers of ‘nice to have but not essential’ products, so Asos is by no means out of the danger zone,” said AJ Bell analyst Russ Mould.

Fashion 130
article thumbnail

Tod’s says China lockdowns won’t derail 2022 results

Inside Retail

Chief Financial Officer Emilio Macellari said that a 40 per cent sales decline in the second quarter in the country – a key market for luxury groups – was a possibility, but it would depend on how long the curbs last. However, the group is confident it can meet analyst expectations for the full year.