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Here’s what the data says about the “new Chinese luxury consumer”

Inside Retail

As Chinese consumer spending on luxury goods continues to surge, luxury brands are doing everything they can to enhance their overall appeal. According to Euromonitor research, Chinese consumer spending on luxury goods is expected to hit $88 billion by 2028.

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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

It is removing all non-electric bikes from its offering and reversing course on its direct-to-consumer strategy as it looks to expand its market share. In 2022 I went to Brisbane and scouted the location there and we started straight away,” Niels Bark, Lekker’s CEO, told Inside Retail.

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Meet the new online outlet mall targeting Gen Z and millennial consumers

Inside Retail

We want to be the first port of call for brand-conscious and value-conscious Gen Z and millennial consumers,” said Justin Seskin, one of TheDOM.com’s co-founders, along with Thrills director Howard Blend and It Works managing director Paul Downs. .

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Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

CBRE didn’t provide a breakdown of the number of Australian retailers responding about their 2023 growth plans, but 61 per cent of them indicated they were planning to increase the quality of store locations. For the period of October to January, the ABS described retail sales as flat contrasting with the more bullish assessment of CBRE.

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It’s always winter in Helly Hansen’s new concept store. Here’s why

Inside Retail

An elevated display featuring sharp angles, contrast materials, and impactful lighting. Located centrally within the store, it draws the customers attention into the key products on display at that time,” he said. We see the northern hemisphere consumer start to purchase “winter” product from us from November through to March.

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Here’s Why Store Cards Are Good For Consumers

RetailMinded

In this guide, we’ll explain why store credit credits are a great option for consumers. You’ll find special offers, rewards, and financing options whenever you shop at participating locations. Store credit cards and general-purpose credit cards each serve their own distinct role in the consumer finance landscape.

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Parfums de Marly enters APAC for the first time and settles in Sydney home

Inside Retail

The high perfumery now has six global flagships with plans to open another four locations within the APAC region over the next 12 months. Moreover, the location was flagged as having a lot of exposure to tourists and locals with its city centrality. Fragrance has always been part of your life.