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13 Retail Marketing Tips For Small Businesses In 2023

RetailMinded

Our tips for retail marketing will help you level up in 2023 for better sales and happier customers. adults reported buying or wanting to buy private label goods in apparel, pantry, personal care, and other categories. Investing in local SEO will also bolster your local digital marketing efforts. Nearly 80% of U.S.

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The North Face to take direct control of ANZ retailing

Inside Retail

US apparel and footwear company VF Corporation is taking control of its The North Face (TNF) business in Australia and New Zealand by transferring from a distributor model to a direct-sales model. The change aims to maximise the full market potential of the brand as Australia and New Zealand are considered key retail markets.

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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

British lifestyle retailer, Marks & Spencer, will also launch an experiential store with more than 14,000 square feet of space that offers apparel, beauty, homewares and the second largest M&S food hall in Singapore. The post Revealed: Raffles’ strategy to lure back in luxury customers appeared first on Inside Retail.

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Skechers continues to make its mark in the Singapore marketplace

Inside Retail

Skechers has selected actor Lawrence Wong as its Singapore brand ambassador for the second year running, in an ongoing effort to strengthen its appeal to a broad consumer demographic in the saturated market. As a result, there has been a surge of interest in footwear and apparel that provide great walking and running experiences. “We

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Augmented Reality in Retail Projected to Experience Massive Growth

VMS

Augmented reality (AR) in the retail market could be on the cusp of a massive growth spurt. A new report from Research and Markets said AR investments in retail were valued at roughly $2 billion in 2021, but that number is expected to explode to $61.3 billion by 2031. Google, Inter IKEA Systems B.V., Microsoft Corp.

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How inventory mistakes hampered City Chic’s half-year earnings

Inside Retail

As such, brands must be diligent about constantly developing new products and having the right pricing strategies in place, with inventory levels that are linked to forecasted sales. He said the market will punish brands that get any of this wrong. “[One One of the] most sizable things to get wrong [is] your inventory requirements.

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Is the DTC business model dead, or just evolving?

Inside Retail

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. The retail giant has since sold Bonobos to WHP Global and Express for $75 million, after paying $310 million for the apparel brand in 2017.) Is DTC dead? Absolutely.