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Hong Kong retailsales continue to experience a recession, reporting a double-digit drop in two consecutive months in May and a 6.1 A government spokesman said the decline in sales was mainly due to the changes in the consumption patterns of visitors and residents, as well as the strength of the Hong Kong dollar.
We understand that organising training can be time consuming… But, delivering training online can take the hassle out of planning staff training. Your team will master the art of customer service, sales, and negotiation so they can increase revenue in your stores. The post Training retailsales teams?
Pharrell Williams brought his vision to life with the Men’s Pre-Fall 2024 Collection, hinting at Hong Kong’s resurgence as a beacon of art and culture. VICs contributed around 80 per cent of the company’s luxury retailsales in the region. per cent from 2023 to 2030, reaching HK$125.8 billion by 2030.
Department stores have been particularly impacted, with consumers forced online during the pandemic now choosing to buy direct from brands or from more price-competitive online marketplaces. Australian digital sales reached record levels during Covid-19, with lockdowns driving consumers online in greater volumes than ever before.
“It is quite the milestone, it does mean we’ve officially taken the designer crown of being the longest-running consumer fashion event in Australia,” Matthew Flinn, MFW senior manager, told Inside Retail. Since 2020, MFW has delivered $80 million in economic impact for the city of Melbourne.
The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. Here, we chat with CEO of retail, Dato’ Joyce Yap, about the future of malls and how sector have evolved in the past year.
Where shopping and art coexist. Local’ is certainly a theme for this project, with construction materials typical of the area, artworks from the Chokoku-no-Mori Art Foundation (famous for its exhibitions of sculpture in natural outdoor settings) and wall art by local artists, all providing a more stimulating experience for shoppers.
VICs contributed around 80 per cent of the company’s luxury retailsales in the region. “We appeared first on Inside Retail Australia. Hongkong Land said its VIC group has continued to spend more, with an average of HK$1 million (US$128,080) each last year.
Shinsegae — one of the Big 3 of Korean department store retailing along with Lotte and Hyundai — has continued its great form right through into the second half of the year, helped by the removal of the country’s remaining pandemic restrictions and an increasingly buoyant mood among the country’s more affluent consumers.
A second factor in the coming year is retailer caution: sales might be recovering satisfactorily, but investment in new stores looks set to remain muted, even as consumers start wanting to come out in greater numbers as Covid-19 restrictions ease. But with consumers going out again and tourists arriving, there’s hope.
The retail arena, teeming with a plethora of brands offering a myriad of similar products, necessitates a methodical and consumer-centric approach to ensure that your brand not only survives but thrives amidst the fierce competition.
The two-hour online event, “Strategize Your Retail Delivery Experience for Tomorrow’s Success”, will feature insights from former North America executives of U.S. Retail Virtual Forum Discussion Topics: how the COVID-19 pandemic has impacted retail operations. current retail logistics challenges.
Rethink the role of retail. to 30% across all retailsales in the past two years. But those numbers also show that there are plenty of people who crave in-real-life retail. Rather than just ‘click and go’, retailers could take the opportunity to enrich every experience. Master the art of storytelling.
When an experiential retail concept store or pop up is endorsed by the social media savvy generation, the digital marketing will be doing itself. Estée Lauder recently hosted their first Power of Night pop-up event at the Visual Arts Centre in Singapore. of total retail spending in 2018, compared to 7,4% in 2016 and 5,9% in 2014.
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