Global shrink rate of 1.82 percent cost retailers nearly $100 billion in 2017, according to the findings of the study conducted by Tyco Retal Solutions in partnership with PlanetRetail RNG.…
Brands are turning to influencer marketing and duty-free too
A 2017 survey by statistics portal Statista found that 84 percent of Koreans are active social media users, and companies are taking that into account.…
Are KOLs still the key to consumers’ heart?
Some key opinion leaders have loyal followers, but with so many now on the scene, luxury brands might consider more creative ways to work with those who inspire.…
Subscription fashion: more Japanese renting clothes and bags
Fashion rental services are proliferating in Japan.…
Athleisure and fitness centers on track for further growth in Asia Pacific
A growing awareness of health and wellness is driving Asia Pacific consumers to adopt a more active lifestyle, which in turn is spurring growth in sales of related sporting goods and apparel, along wi…
Career development is key in talent retention
One of the biggest challenges nowadays is to retain talents. Here the result of a study conducted by BOF.…
The physical store is dead
Retailers from Macy’s to Gucci are building immersive experiences into their stores as they fight with Amazon and other online competitors for customers’ attention. But will the investment…
What does travel retail experience look like?
With the news that South Korean gateway is number one airport duty free sales location worldwide, it comes as no surprise that many brands and businesses are continuing to include travel retail as a k…
How to attract young retail customers
Last year’s Walker Sands Future of Retail study yielded promising news for brick and mortar retailers. Namely, many young customers actually want to shop in-store.…
3 ways to make profit on Amazon
When Shai Atanelov was hired by a company in the toys and sportswear space to improve its profitability on Amazon, its profit margins were close to 13%.…