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As Gen Z Gains Spending Power, Luxury Brands Go Big with Digital  

Retail TouchPoints

billion , which is a 28% increase compared to the same period in 2021. Kering — owner of brands such as Gucci , Yves Saint Laurent and Bottega Veneta — reported revenue of more than $10 billion during the first half of 2022, a 16% increase compared to the first six months of 2021. UK and Europe by late 2022.

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Why 2022 Will Be a Big Coming Out Party for NFTs

Retail TouchPoints

Mike Winkelmann’s digital art project EVERYDAYs sold for a record-setting $69 million in March 2021. Indeed, 2021 brought a flurry of NFT drops by artists, followed by collections from sports teams along with generative collections like Bored Ape Yacht Club and more.

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Holidays in the Metaverse: Macy’s Parade Goes Virtual, Mattel Debuts Marketplace for Toy NFTs

Retail TouchPoints

In 2021, the Macy’s Parade made its first foray into Web3 with the release of 10 limited edition parade-inspired NFTs that were auctioned off to support the Make-A-Wish Foundation. At the same time, Mattel is expanding its previous NFT projects for brands like Hot Wheels and Barbie with the launch of a new NFT marketplace. 24, 2022 at 9 a.m.

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Ecommerce Check-In: Has 2022 Shaped Up the Way We Predicted? 

Retail TouchPoints

The ecommerce boom of 2020 brought millions of new shoppers to digital platforms, and that growth trajectory continued into 2021. At the end of 2021, the editors of Retail TouchPoints took a stab at predicting what would happen in ecommerce in 2022. 2022 certainly isn’t turning out how anyone thought it would.

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Turn Innovation into Action: Top 10 Takeaways You’ll Get From #RIC21

Retail TouchPoints

The agenda for the virtual 2021 Retail Innovation Conference , taking place Nov. Wondering whether BNPL, cryptocurrencies and NFTs will have staying power or are passing fads? NFT, cryptocurrency and metaverse reality check. Check out the full Retail Innovation Conference agenda here , and register for the event here.

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Moving into the Metaverse: Growing Swath of Brands Test Out Virtual Experiences

Retail TouchPoints

Tommy Hilfiger is following up its first foray into Roblox in December 2021 — which took the form of a collection of co-created avatar fashions — with the debut of a new game called Tommy Play. Online luxury goods reseller SFLMaven , known for its Thursday Night Auction events on its eBay store , has opened a store in Decentraland.

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Online Retail in 2021: How to Create an Excellent eCommerce Experience

Korona

Use data provided by the customer to create personalized emails, like sending a birthday discount or an invitation to an online VIP customer event. Another option that can entice a customer to take the plunge is offering multiple avenues for payment, such as PayPal, cryptocurrency, credit cards, installment plans, etc.