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Will “shy” consumers come out for Singles Day? Global brands weigh in

Inside Retail

How much do consumers spend? JD.com joined in 2012 and PDD Holdings-owned Pinduoduo has also become a significant player, offering low cost products in competition with Alibaba-owned Tmall and Taobao platforms. trillion yuan ($157.97 billion), according to data from consultancy firm Bain. How does Singles Day compare to Black Friday?

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“Consumers want to be thrilled”: HP Malaysia MD on retail’s “seismic shift”

Inside Retail

In the past two years, we have seen a seismic shift in the way consumers in Southeast Asia purchase technology,” Alex Tan, managing director for HP Malaysia told Inside Retail. From HP’s internal research, the company has found that nearly 50 per cent of consumers still prefer shopping in physical stores to online.

Consumer 130
Insiders

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Battle of the sportswear brands: Why Chinese consumers are going local

Inside Retail

Chinese nationalism is on the rise, with an accompanying disdain among a broad swathe of consumers for foreign products. By 1992, the company was making the podium uniforms for the Chinese team in Barcelona, and it continued to do so for the next four Olympiads, ending in 2012 when its rival Anta took over.

Consumer 130
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Good360 gets $3 million grant: How it will connect retail, charity and community

Inside Retail

Direct-to-consumer (DTC) brands typically carry up to 33 per cent of their inventory as deadstock, while wholesalers cannot carry the same amount before it becomes unviable due to lower margins. Partners with benefits For retailers, the problem with holding deadstock doesn’t stop at the opportunity cost.

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Angry Birds retail cafe launches in the US 

Inside Retail

Launched in 2009 as a popular mobile game, the brand has now grown into a worldwide recognised media property, encompassing a wide range of entertainment and consumer products, two feature films, a long-form Netflix series, and location-based entertainment.

Gifts 242
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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

It is removing all non-electric bikes from its offering and reversing course on its direct-to-consumer strategy as it looks to expand its market share. 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

Contrast 251
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Bailey Nelson ramps up expansion across the Tasman

Inside Retail

“Our new locations in Sylvia Park and Botany Town Centre will not only appeal to our core demographic, but they will also help to connect our brand with Auckland’s outer suburbs and a more diverse consumer base. The brand, established in 2012, specialises in designer high-end frames.

Expansion 246