article thumbnail

Expanding the Boundaries of Luxury: Navigating Experiences Beyond Traditional Retail

Retail Focus

Recently, they crossed all boundaries to discover the vast opportunities for their brands to evolve and grow. On one hand, creating a comprehensive brand experience extends an enticing array of opportunities. Quality Control : Maintaining consistent quality across different sectors can be challenging and impact brand reputation.

Expansion 130
article thumbnail

Luxury Retail Phygitalisation: Blending Tradition and Technology in the Digital Age

Retail Focus

For their staff to effectively navigate this new landscape, brands must invest in training and development. It requires a delicate balance between preserving the traditional allure of luxury retail and embracing the opportunities presented by digital technology.

Balance 147
Insiders

Sign Up for our Newsletter

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

article thumbnail

Analysis: What’s changed since the Farfetch-YNAP deal was first announced

Inside Retail

per cent of Yoox Net-A-Porter, reducing Richemont’s stake to below 50 per cent and allowing it to remove the under-performing e-commerce platform from its balance sheet. “It is efficient shopping but not supportive of brand engagement, building brand equity, and enhancing the customer lifetime value of a brand.

Fashion 246
article thumbnail

First Nations artists, Pride and mental health: Volley talks collabs

Inside Retail

Opening up again Volley – which was sold by Pacific Brands to private equity firm Anchorage Capital in 2014 following a collapse in sales – has managed to transform its reputation as a ‘daggy’ shoe company. In 2019, Volley’s brand manager John Szwede told News.com.au

Artistic 244
article thumbnail

Proximity retailing and current retail environmental paradoxes

Retail Focus

Making use of social media: Shop owners should regularly publish about their activity and products on social media to gain visibility, connect with customers and create potential engagement with their audiences. Torn between the need to develop and grow and the reality of doing so, small-town brands engage in an inevitable failure to launch.