Inside Retail

MARCH 10, 2024

This diversification of brands reportedly helped Harry’s Inc to grow its profits by 47 per cent from 2020 to 2021 alone. billion in 2020. In 2021, Harry’s Inc closed a US$155 million Series E round of funding that gave the company a US$1.7 billion valuation and over US$650 million in total funding raised since the company’s launch.

Other 130

Other Marketing Consumer Line 130

Inside Retail

MARCH 11, 2024

A Productivity Commission report in 2020 defined nuisance tariffs as tariffs that raise little revenue, have negligible benefits for producers, but impose compliance burdens It said the administrative costs of collecting these tariffs amounted to $11 million to $20 million per year.

Consumer 244

Consumer Planning Other 244

Inside Retail

MARCH 21, 2024

American management consulting firm Bain & Company reported that global luxury sales were down by 22 per cent with the onslaught of the pandemic in 2020. By 2021, luxury sales had fully recovered, rising 32 per cent to surpass 2019 numbers.

Jewelry 228

Jewelry Engagement Fashion Consumer 228

Inside Retail

MARCH 3, 2024

For example, according to data collected by management consulting company McKinsey & Company, while 11 per cent of all beauty consumers in the US are Black, Black-owned brands account for only 2.5 million in pre-seed funding before launching in 2020 and after signing Credo Beauty and Thirteen Lune, the company took off.

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Social Media Advertising Marketing Consumer 130

Inside Retail

MARCH 4, 2024

We had a great team and setup, but in March 2020 we had no idea that those 48 stockists were going to close their doors and would have no idea of when their doors would reopen. We had 11 urgent bridal orders and a few months’ leeway for the other orders.We It was the first time in my business that I felt completely helpless.

Fashion 130

Fashion Gifts Balance Line 130