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How Resale is Driving the Reinvention of Luxury Retail

Retail TouchPoints

The term rose to the surface last year as 2020’s unique confluence of events drove consumers toward shopping alternatives that were both environmentally friendly and economically feasible. The consumer is changing, the way that they purchase is going to change,” he said. “The In the retailX keynote session on Wednesday, Aug.

Retail 306
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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

The designer fashion brand launched its own ecommerce operation in 2008, at a time when many other high-end specialty labels were still turning up their noses at digital. But Ken Natori wasn’t a fashion executive, and that made him the perfect fit to lead the transformation of this designer label into an omnichannel brand. “My

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How Worldwide Consumer Preferences Determine Your Global Ecommerce Strategy (Alipay, COD, Lazada)

BigCommerce

When it comes to delivery, consumers prefer transparency into the delivery process more so than selecting the actual carrier. Only half of consumers found the possibility to select the delivery company to be important. This is also consistent within China and Japan, where 41% of consumers expect goods to arrive within 4-5 days.

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Why Digital-Native Brands Are Moving In-Store

Optimizely

Last year’s closures even managed to beat the previous record of 6,163 store closings in 2008 — mid-financial crisis. Customer experience is more important than channels. While you may think about your business in terms of online or in-store, customers don’t think in channels. Ecommerce is the future, right?

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Risk averse GenZ and Millenials make over 90% of purchases via a debit card says ClearPay

365 Retail

This is due to their risk averse nature after witnessing their parents suffer financial loss during the 2008 financial crisis. In order to reach these digital consumers, brands that are able to provide a social community as well as drive social causes dear to their hearts will come out as winners.” said Krista Nordlund.

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The Digital Last Mile: How Behavior Personalization And Globalization Are Key To Survival In The Post-COVID Era Of E-commerce

Retail TouchPoints

However, sales across all other verticals analyzed in the report, including fashion, food services and electronics stores, were severely negatively affected. According to McKinsey “What consumers value is truly shifting, and so is their channel choice. The shifts to digital will be permanent. [I He is also Chairman of Matrak.

eCommerce 140
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Why and How to use Baidu for Ecommerce Success in China

Retail TouchPoints

Chinese consumers have a growing interest, and affinity for, Western brands and products, particularly in the luxury sector. And with current travel restrictions and concerns around the virus preventing them leaving the country, Chinese consumers are increasingly looking to purchase from Western brands online. and Europe.

eCommerce 220