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Japan’s department stores: What’s left when the tourism tide goes out?

Inside Retail

Japan’s storied department stores are riding a wave of overseas tourists, and although there is no sign yet of a wipeout, the cautious pronouncements of company executives indicate that it’s a wave they can’t ride on indefinitely. On the surface of it, department stores still have their mojo: sales in October rose by 5.3

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Why short-term data alone won’t cut it for retailers in 2024

Inside Retail

But 10 years later, advertisers are falling back into old habits ditching long-term brand-building efforts to purely focus on activation campaigns that deliver sales in the short term. And that applies equally to retail sales data. It’s all too easy to get stuck dissecting the monthly ABS retail data. billion and $1.6

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It’s not e-commerce anymore – it’s just commerce

Inside Retail

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. Thirdly, e-commerce should be seen as a channel that can drive shoppers in-store for intentional purchases.

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How Maison Francis Kurkdjian built a brand around the Picasso of fragrance

Inside Retail

Around 2007, however, we started seeing more and more “niche” fragrance brands being launched and entering department stores. This year, we will enter China, with a shop at Nanjing-deji and online with Tmall. We will continue to open new stores in the future, mainly in China, the US and some key European and Asian countries.

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