article thumbnail

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

Retail TouchPoints

During its July 26, 2022 earnings release, LVMH reported revenue of approximately $37.3 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.

article thumbnail

4 Ways Retailers Can Add Crypto Successfully

Retail TouchPoints

Many people in finance and retail considered 2021 the “year of the cryptocurrency.” While the NYC payroll department likely cannot do that, it signals the mayor’s intentions to encourage cryptocurrency adoption. These machines function the same as traditional ATMs, with the extra capability of purchasing and storing cryptocurrencies.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Make It Big 2022: Everything You Need to Know About the Virtual Bigcommerce Conference

Ecommerce Platforms

Read below for all the Make it Big Conference details for 2022, including: What is Make it Big? Workshops to expect The lineup of guest speakers Keynote speakers How to register for the 2022 Make it Big Conference. Workshops to expect The lineup of guest speakers Keynote speakers How to register for the 2022 Make it Big Conference.

article thumbnail

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

Retail TouchPoints

This year the retailer is going a step further and bringing the whole parade into the metaverse with a digital experience powered by the OnCyber metaverse. 24, 2022 at 9 a.m. 4, 2022, visitors can vote for their favorite project, with the winner set to become an IRL balloon in the 2023 parade. 24 through Dec.

Toys 236
article thumbnail

Beyond the Transaction: How PayPal is Helping Remove Friction Across the Commerce Experience

Retail TouchPoints

Fast forward to 2022 and Schulman’s words show foresight into technologies that most consumers weren’t even aware of a mere eight years ago — cryptocurrency , digital wallets and peer-to-peer (P2P) digital payment services have transformed the way everyone from friends sharing a dinner to multi-national corporations move funds.

PayPal 345
article thumbnail

New Solana Spaces Store in NYC Heralds Coming Wave of ‘Phygital’ Web3 Concepts

Retail TouchPoints

Solana Spaces opened its first permanent location July 28, 2022 at The Shops at Hudson Yards in Manhattan. In the world of crypto-tech Solana is on the rise, with 37 million “daily active wallets” (the decentralized finance equivalent of daily active users) as of May 2022.

article thumbnail

4 Reasons to Offer Multiple Ecommerce Payment Options

ESW

Better Customer Experiences Multiple ecommerce payment options ensure a secure and hassle-free purchase that improves the overall customer experience. Customers who have a positive shopping experience are more likely to return again and again to make additional purchases. Cryptocurrencies.