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Kogan reports first-half growth fuelled by strong holiday sales

Inside Retail

Kogan said its first-half growth was thanks to accelerated positive during the peak retail sales period, which included the Black Friday, Cyber Monday, Christmas and Boxing Day sales events in November and December.

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Walmart, Starbucks, Nike: Making sense of China’s latest retail sales numbers

Inside Retail

China retail data: consistent consistency Mr Yus consistency has been lauded but, in some other areas, consistency should draw scepticism. Take Chinas retail data for example, whose consistency should be drawing fire from all directions. Since February 2024, sales growth has never deviated from a narrow band around 3 per cent.

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How coaching influences retail sales culture

Inside Retail

Training that responds to customer feedback can result in growth in net promoter scores, average basket size, and market share. . The post How coaching influences retail sales culture appeared first on Inside Retail. You can’t ask for better than that. About RedSeed. Sign up for a free trial.

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Can innovation help Nike maintain its market dominance?

Inside Retail

The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”

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Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

“Participation has definitely lifted our brand profile as we continue to grow our brand and to explore our options overseas,” Denni Francisco, founder of Ngali, told Inside Retail. Given the event represents ‘Australian’ fashion it has more impact when promoting our brand and gives us credibility,” she added. “I

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Ramadan shopping trends unpacked: What retailers need to know

Inside Retail

Ramadan continues to be a crucial shopping period across Southeast Asia, with evolving consumer behaviours and market dynamics shaping the retail landscape. Growing demand has led some retailers to operate 24 hours a day to accommodate changing consumption patterns. This year, Ramadan began on February 28 and ends on March 30.

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Five retail leaders discuss how to deliver value in a spending slump

Inside Retail

Indeed, many retailers will happily say goodbye to 2024, a period when high inflation and interest rates remained persistent and an ongoing cost-of-living crisis crushed consumer sentiment to its lowest in 45 years, all of which resulted in anaemic national year-on-year retail sales growth. How did they adapt?