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Peloton disrupted fitness once. Can it leverage TikTok to do it again?

Inside Retail

On the partnership, Oli Snoddy, vice president of consumer marketing at Peloton, commented, “We collectively recognise the way people engage with fitness is constantly changing. Between June 2020 and June 2021, Peloton – an at-home cycling brand – gained an additional 1.24 The brand concluded FY23 with US$1.13

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US retailers’ members-only programs under scrutiny with Amazon lawsuit

Inside Retail

The FTC accused the e-commerce giant of duping “millions of consumers” into purchasing subscriptions for Prime services. For years, Amazon “knowingly complicated the cancellation process for Prime subscribers who sought to end their membership,” the FTC said in the complaint. The retailer reached a $2.35

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How nostalgia and NFTs created a multibillion-dollar collectables market

Inside Retail

The shifts we’ve observed [in the collectables market] were influenced by a combination of global events and changing consumer behaviors. Now, they are adult consumers with disposable incomes to spend on beloved childhood pastimes. billion in 2021, marking a 21,000 per cent surge. billion total recorded in 2021.

Marketing 262
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Consumers collect Tesco Clubcard points for sending parcels with Evri 

E Delevry

From today [Monday 20 November 2023], consumers will be able to collect one Tesco Clubcard point for every £1 spent at evri.com, as Tesco partners with a parcel delivery firm for the first time. Alternatively, consumers can choose to donate to charity – or double the value of their points with more than 100 Tesco Clubcard Reward Partners.

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Can a new CMO and corporate partnerships help Rent the Runway get back on track?

Inside Retail

The report also revealed that 131,735 active subscribers closed their accounts, representing a 2 per cent decrease from the end of the third quarter of fiscal year 2022. In 2021, Rent the Runway went public at $21 per share, but hasn’t traded above $5 since August 2022 and is currently valued at approximately $0.41 per share.

Fashion 130
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Pentland adopts new transparency platform to drive sustainability ambitions

E Delevry

The data captured, via the Segura platform, will then help consumers with their buying decisions.  Sara Brennan, positive business director at Pentland Brands, said: “Our supply chain is complex and, with consumers demanding increased transparency from all businesses, we’re proud to be reaching this milestone with Segura.

Flow 104
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Here is what’s driving Danish retail giant Bestseller’s success Down Under 

Inside Retail

Bestseller’s Australia country director Rikke Dahl-Thorup told Inside Retail that the brand entered the Australian market due to the strong consumer demand for Scandinavian design, and a willingness from Aussie customers to embrace new trends. One key aspect of this is our focus on efficiency.

Fashion 236