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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

Localised design Lekker adapted the build of its product offering to suit the Australian market and consumer preferences which contrast with the European markets. “We In 2019, e-bike sales in Australia were about 48,000 units, almost double what they were in 2017. million this year.

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Apple fined $2bn for thwarting rival music streaming service downloads

Inside Retail

The European Commission charged Apple last year with preventing Swedish streaming service Spotify and others from informing users of payment options outside its App Store, following a 2019 complaint by Spotify. EU regulators, who subsequently sought feedback from rivals and users, will likely accept its offer without fining the company.

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Luxury jewelry brand Âme opens its flagship store in New York’s Soho district, showcasing a unique sensorial experience.

Retail Focus

The peripheral steel panelled walls sharply contrast with the stainless steel polished surfaces of the centrepieces, representing how the cast iron buildings of the area contrast with the daily life of a bustling city. They render the store as belonging to that part of the city and as a piece of its very soul.”

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Bally Unveils A New London Flagship on Regent Street, Celebrating its 170-Year Heritage

Retail Focus

First launched in September 2019 on Milan’s Montenapoleone, Bally Haus’ experiential environment offers new ways of shopping with a multi-functional format that lends itself to cultural programming, including film screenings, panel discussions and exhibitions.

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Global luxury sales could return to pre-Covid levels this year, Bain says

Inside Retail

Bain now sees a 30 per cent probability that sales of high-end handbags, clothes and jewellery will return to or exceed their 2019 level of US$340 billion this year, depending on how quickly vaccines are rolled out and tourism picks up. The US market has been the unexpected bright spot,” Bain said. The speed of the recovery has been uneven.

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Japan’s department stores: What’s left when the tourism tide goes out?

Inside Retail

Part of the continuing strength in department stores sales is inbound tourism, and by September the numbers had virtually caught up with 2019, with 2.2 But the composition of those tourists has changed: visitors from China were still down more than 60 per cent in September compared to the same month in 2019.

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How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Burberry’s rivals – led by French luxury leaders LVMH and Kering – in contrast, have most recently reported double-digit sales growth in the quarter to the end of September. The label eked out a 1 per cent rise in comparable store sales in its quarter ended July 2.