article thumbnail

2019 vs 2020 vs 2021: How has Covid impacted Christmas?

Inside Retail

If you cast your mind back to 2019, Christmas was business as usual. “E-commerce It’s kind of elongated and stretched out,” noted Adam Ioakim, managing director, APAC at Emarsys. In November, consumers became aware of global supply chain issues, spiking fear into them that Christmas shopping may be a major challenge.

Gifts 246
article thumbnail

Here’s what the data says about the “new Chinese luxury consumer”

Inside Retail

As Chinese consumer spending on luxury goods continues to surge, luxury brands are doing everything they can to enhance their overall appeal. According to Euromonitor research, Chinese consumer spending on luxury goods is expected to hit $88 billion by 2028. billion trips, with spending of US$1.7

Consumer 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Company reports for ASX-listed BNPL providers outline that the value of BNPL transactions grew by 55 per cent in 2019-20 , and in the last two financial years, BNPL transactions have tripled. Get paid faster and better manage your cash flow with Spenda.

Consumer 246
article thumbnail

Parking Management Services: Driving Additional Revenue with Smart Parcel Lockers

Parcel Pending

Once ripe with opportunity, the parking management industry is now at a crossroads due to economic and societal trends reshaping urban mobility. Stagnant demand in traditional markets, fierce competition, low cost of entry, and sustainability pressures are compelling parking management services and parking lot owners to adapt and innovate.

article thumbnail

Fashion label Nique enters voluntary administration

Inside Retail

In what is an extremely difficult time for all management, staff and suppliers – we are currently exploring all options available to maximise the value of the business, stock and IP given the perceived value of the well-established and leading brand name,” Howlett said.

Fashion 278
article thumbnail

Myer’s latest trading update is a testament to putting the customer first

Inside Retail

It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. While some industry experts are saying that Myer’s optimistic take on its 0.1

article thumbnail

Fashion label Nique enters voluntary administration

Inside Retail

In what is an extremely difficult time for all management, staff and suppliers – we are currently exploring all options available to maximise the value of the business, stock and IP given the perceived value of the well-established and leading brand name,” Howlett said.

Fashion 246