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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

As a result, the luxury market’s base expanded to approximately 400 million consumers in 2022 and is expected to reach 500 million by 2030, Bain & Company revealed — and the expansion goes far beyond the aspirational promise. At Alibaba’s recent 11.11 They must be both at the center of culture and at the cutting-edge of culture.

Payments 281
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Starbucks Unveils Evolved ‘Reinvention’ Plan

Retail TouchPoints

Shot #3: Becoming ‘Truly Global’… … by expanding its global store footprint to 55,000 by 2030, an average of eight new stores a day, as well as the expansion of its digital platforms across all licensed partners globally. said Michael Conway, Group President of International and Channel Development at Starbucks in a statement. “We

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How Princess Polly Balances Sustainability and On-Trend Style

Retail TouchPoints

As part of this process, Princess Polly committed to halving its emission intensity by 2030. “To Photo credit: Princess Polly Taking a Holistic Approach to Global Growth The measurable sustainability goals Princess Polly has set will be the cornerstone of the brand as it expands globally and across channels.

Fashion 228
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Technology trends in the retail industry for 2023

iVend

between 2022 and 2030 ++. How are omnichannel solutions are shaping the customer’s shopping journey? Customers are ‘channel blind’ – that is, they don’t think about when and whether they are going to use the store vs online. This retail tech trend is driving a predicted growth of the AI in retail market of 23.9%

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A Brand Embassy for Coffee Lovers: Nespresso’s New Flagship Concept Debuts in Vienna

Retail TouchPoints

With a global retail network of 809 boutiques in 532 cities, Nespresso views these physical locations as an integral part of its omnichannel approach. We strongly believe in the relevance and power of retail as a brand-building channel.

Arts 229
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How Carter’s is Committing to People, Planet and Product

Retail TouchPoints

How do you and the broader executive team play a role in activating that purpose across channels and initiatives??. We are pledging to improve the well-being of at least 10 million families by 2030. Robinson: We believe that every baby and young child deserves an opportunity to be successful regardless of their zip code.

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The Top Footwear Ecommerce Trends That Will Dominate the Industry

Omnisend

trillion by 2030—a 74% increase from 2019: Source. With ecommerce and m-commerce continually growing as the most popular online channels, these will likely significantly impact the growth of the online footwear market. Omnichannel Fashion Ecommerce. For its part, global footwear and apparel sales are expected to go up to $3.3