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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.
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? Here’s why face-to-face won’t cut it anymore appeared first on Inside Retail. Tired of inconsistent training experiences for your team?
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.
“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. “We’ve
So far, Australian department stores appear to have weathered the pandemic better than their global counterparts, with most having only had moderate store closures and delivering relatively strong half-yearly results, with retailsales rising at twice the predicted rate from March 2021 to April 2021.
Dutch contemporary artist Levi van Veluw , the creator of inaugural window display art for Hermès’ at Nordiska Kompaniet, said, “the window becomes an experience.” Retail experts agree that visual merchandising is more than creating window displays to attract customers. Metal in Retail Displays .
In fact, China saw its economy strengthen in November 2020, with retailsales expanding by five per cent. Hopefully, as vaccines roll out across Southeast Asia, and the eventual relaxation of the MCO, will set the retail industry firmly on the path to recovery and growth.
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.
Japan department stores also see themselves as community purveyors of art and culture, a model they are now embellishing on with frequent major exhibitions and events.
VICs contributed around 80 per cent of the company’s luxury retailsales in the region. “We Hongkong Land said its VIC group has continued to spend more, with an average of HK$1 million (US$128,080) each last year. We are seeing a lot more Mainland companies and individuals coming down from the Mainland,” said Bradstreet.
To me, the parallel to art was immediate. It allows us to develop additional capabilities in key areas such as brand building, digital development and operational excellence or gain from state-of-the-art infrastructural support for our international expansion. We complement and challenge each other.
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.
In Seoul, although rents are increasing slightly, demand for space is still muted, again reflecting retailer caution that is likely to carry through into next year. In Tokyo, too, rents are stabilising and even increasing in prime areas of the city.
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. This event is free and open to the public. To register to attend, visit [link].
Prepare for the largest retailersales extravaganza of the year by offering a diverse selection in your establishment. Supplement your deck sales by offering deck bags and card spread sheets, and carry a large assortment of learning Tarot books. Beginner’s Objects.
Every aspect of the development has seen brilliant growth over the past few months, from office leasing at 50 Electric Boulevard, through to residential and retailsales. “This summer has really demonstrated the strength of having such a diverse mixed-use offering.
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.
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. Master the art of storytelling. And how can attractions make themselves more relevant to communities? E-commerce has risen from 21.8%
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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