Remove 2030 Remove Customer Experience Remove Payment Services Remove Recommendation
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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. Members can book watches in advance and choose payment methods such as interest-free installments.

Payments 288
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Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

In addition, mall operators are being asked to convert empty commercial space into mini-fulfillment centers for retail tenants. CSR opportunities can be found across the entire supply chain in many different forms, including vendor compliance, quality management and sustainability as a whole. Case in point: virtual fitting rooms.