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The Labubu effect: How Pop Mart is leading the blind box economy

Inside Retail

Founded as a small toy store in China in 2010 by Wang Ning, Pop Mart has grown into one of the leaders in the blind box industry. Pop Mart’s Hacipupu character also gained significant popularity due to endorsement from K-pop star Chanyeol, though Liu was quick to clarify neither celebrity’s post was part of a planned strategy. “It

Artistic 130
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Why Blundy and Lew’s C-suite shuffles are crucial for good business

Inside Retail

Cheston’s move to Lovisa is notable given the jewellery chain is owned by Australian billionaire Brett Blundy, who recently appointed Mark McInnes, the former CEO of Premier Retail, to the newly formed role of global chief executive of retail and consumer at his investment firm, BBRC.

Expansion 246
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Ksubi’s return to Australian shores with Bondi Beach House and what’s next

Inside Retail

The community-first approach Ksubi is taking to re-immerse itself into the local market after a lengthy American residency is similar to the collaborations orchestrated by independent creative agency AndPeople, which are all about forming meaningful connections between brands and sub-cultures.

Fashion 273
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Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

The company began offering general merchandise in 2008, transforming JD from an electronics retailer to a full-fledged e-commerce platform, and launched an online marketplace platform in 2010. Therefore, it’s the right growth strategy,” she added.

Expansion 130
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Storytelling is key: Formula 1 drives push into the metaverse

Inside Retail

Digital branded goods ( usually in the form of NFTs ), online fashion shows, and a new wave of e-commerce using interactable digital models to showcase products are some of the ways businesses are already getting on board. “AR

Form 130
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Analysis: This is how Nike’s digital sneakers could work in the future

Inside Retail

And like Apple, Nike’s access to global data and consumer insights informs its strategies. Keep in mind when reading about immersive technology that no matter our age and what we think about digital channels, Generation Alpha (people born between 2010-2025) will be more tech-savvy than any other generation.

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What’s the Guochao trend and what does it mean for global brands in China?

Inside Retail

This policy was established to shift China’s manufacturing-led economy to a more consumption-based economy due to the country’s falling GDP value between 2007 and 2010. Its unique brand ethos that employs traditional beauty rituals in the form of modern cosmetics has made it popular not only in China, but also in the international market.