Remove tag digital-currency
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Why cryptocurrency crashes are tanking luxury watch prices

Inside Retail

At the same time, Ethereum, the second most popular digital currency, has also seen a similar decline, while other digital currencies have little to no value. Luxury watchmakers Tag Heuer, Hublot and Breitling are accepting digital currencies such as Bitcoin and Ethereum for transactions worth US$10,000 and above.

Marketing 130
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Farewell, filters: Why brands aren’t worried about new photo editing laws

Inside Retail

The advertiser and the person designing the advertisement must further ensure that the advertisement where a body’s shape, size or skin has been changed by retouching or other manipulation, shall be marked,” the amendment reads. Will it be algorithmic or human-reviewed?

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Analysis: Here’s the impact of Chanel’s latest price hike on the luxury industry

Inside Retail

Last June, the brand expected its revenues to increase by double digits this year, compared with pre-pandemic levels in 2019. The current price tag is going to be the cheapest you’ll ever see because the brand continues to jack up prices,” Cho Eunbit, a Chanel enthusiast from Seoul, said. In 2020, the brand’s profits had dropped by 17.6

Boutique 130
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Inventory Shrinkage: How to Control a Persistent Problem

Parcel Pending

Because these lockers use digital technology, they can integrate seamlessly into existing point-of-sale (POS) and order management software to help improve inventory accuracy and reduce shrinkage. When a customer places an order, the order collection is tracked using a secure 6-digit PIN or barcode.