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Myer’s strategic moves suggest the future of retail is consolidation and loyalty

Inside Retail

However, Gray did counter his praise of Wirth with a caveat, suggesting that there’s still room for Myer to explore more in-store curation to deepen brand experience and connection with their target market. In his view, successful brands are those that answer the customer’s question, or in other words, meet the customer’s demand. “If

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How Prada and Miu Miu are tapping into a younger crowd through Snapchat Bitmoji

Inside Retail

It comes down to the target market’s impression – is presence on a channel worth enough to degrade your brand premium? “I “But this presence comes at the expense of brand premium – the brand codes are lost. The product feels generic, the store feels discount, and the whole presence is very underwhelming. “It

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Asic orders Urban Rampage stores to end Centrepay credit arrangements

Inside Retail

Asic said the credit arrangements are not suitable for consumers in the target market as they are inconsistent with their financial situation, putting them at risk of financial hardship. Coral Coast targeted First Nations consumers who received Centrelink payments.

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NT retailer forced to stop offering credit to First Nations customers

Inside Retail

Given the nature of its business, the retailer must comply with the design and distribution obligations, which require firms to design financial products that meet the needs of consumers in an identified target market. “Protecting First Nations consumers from harm and misconduct remains a priority,” it stressed.

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Her Black Book raises $1.6 million three months after launch

Inside Retail

Their attitude, grit and deep understanding of the target market makes this business highly scalable and a company to watch.”. Her Black Book has partnered with more than 500 brands and retailers, including Zimmermann, The Iconic, Sephora, Calvin Klein, Nike, Lululemon, Estee Lauder, Adore Beauty and Clinique.

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“We see huge opportunities”: Inside Pet Circle’s $75m cash injection

Inside Retail

Home and hardware leader Bunnings is now offering 1,000 pet-related products in store ; Beauty giant Mecca sells dog shampoo; Fashion marketplace The Iconic sells pet accessories; and, a number of fashion brands have extended into creating statement pieces for pets.

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From virtual models to marketing, how fashion brands are using AI today

Inside Retail

Virtual try-ons: Virtual fitting rooms can help customers visualise what an item of clothing or accessory will look like on a mannequin of a similar body or facial shape. Marketing: AI can also help provide insights into the ideal target market for a product.

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