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Generative AI is supercharging retail, what does this mean for consumers?

Inside Retail

Today’s consumers are craving a truly unique shopping experience. We are only at the beginning, and as brands begin to scale their AI utilisation, its full spectrum of benefits for consumers and retailers alike will be uncovered. The post Generative AI is supercharging retail, what does this mean for consumers?

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How Supreme balances price point and prestige to win over streetwear fans

Inside Retail

One of just 16 standalone Supreme stores in the world – six of which are in Japan – the opening in Seoul earlier this month attracted a throng of eager customers who queued outside in anticipation of acquiring the brand’s exclusive streetwear tailored for the South Korean market. billion in 2020.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

In a world where consumers’ behaviours, expectations, and preferences are rapidly changing, premium and luxury brands are faced with a unique challenge – how to preserve their identity and exclusivity while adapting to the digital age (Purwar 2019).

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Here’s Why Store Cards Are Good For Consumers

RetailMinded

Some may have higher interest rates if you don’t pay off the full balance each billing cycle. In this guide, we’ll explain why store credit credits are a great option for consumers. A store credit card is like your own personal shopping concierge, tailor-made for dedicated fashionistas like yourself.

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Levi Strauss & Co’s chief digital officer talks AI, Gen Z and what’s next

Inside Retail

The first is the need to focus on the fundamentals of running a great e-commerce business, both for consumers and for the company. Along with that comes an opportunity to be really thoughtful around how you differentiate those choices for consumers. So that’s an opportunity for us as we evolve the assortment.

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New and Lingwood launches Marylebone concept store

Retail Focus

That makes good commercial sense given consumers’ move away from formalwear since the pandemic began. Capturing the tension between classic craft and contemporary design, each collection will infuse New & Lingwood’s signature use of colour and pattern into pieces that balance comfort and elegance”, it said.

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Do big-box retailers need to reinvent themselves to attract Gen Z?

Inside Retail

But will the evolution be enough to ensure their appeal to the next generation of consumers? To understand what those changes might be, first, we need to grasp the gen Z consumer. And in 2020, gen Z accounted for 40 per cent of global consumers. An example is jeweller Tiffany & Co. appeared first on Inside Retail.

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