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10 Different Techniques to Try to Increase High-End Retail Sales

Retail Focus

Use Strategic Pricing Create pricing strategies that reflect the value of your products and services. Feature outfits and concepts by pairing complementary items strategically. In Conclusion… These are just some of the techniques you can use to increase high-end retail sales.

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How US Polo Assn blends sport and retail to drive billions in global sales

Inside Retail

billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. With a resounding $2.4

Strategy 147
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Key trends that will help retailers respond to growing consumer confidence

Retail Focus

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

Consumer 211
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Sheike to enter South Australia in major bricks-and-mortar push

Inside Retail

It will be Sheike’s first location outside of a shopping centre and one of the first to feature the brand’s new design concept, which rolled out in the brand’s Karrinyup and Robina stores last year, and includes marble and brass finishes. “It’s They really work hand in hand for us,” she said.

Fashion 130
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How retailers can unlock aspirational spending amid economic uncertainty

Inside Retail

Cognition Research principal Bill Morgan told Inside Retail that the world of new retail is undergoing rapid change. Amid economic uncertainty, he said that many retailers were bracing for a significant fall in retail sales this year, and are subsequently cutting marketing and capital expenditure budgets.

Concept 130
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Harvey Nichols’ closure highlights shifting luxury landscape in Hong Kong

Inside Retail

Overnight and same-day visitor shopping spend was at 55 per cent and 18 per cent of 2018 levels respectively in the first half of the year, said Tang, prompting retailers to focus more on food and beverage outlets. It remains unclear how effective that strategy will be to lure back spending.

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Dan Murphy’s MD talks digital channels and drinks innovation

Inside Retail

Pfeiffer-Smith stepped into the MD job in July 2022, shifting across from a role as Endeavour Group’s chief strategy officer. Pfeiffer-Smith said this concept was designed to “break the compromise between value and discovery for [our] customers…because everyone deserves to drink better, even in more difficult economic times”. “We