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Hong Kong retail sales remain grim: Is there light at the end of the tunnel?

Inside Retail

Hong Kong retail sales 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.

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E-commerce sales fall as cost-of-living pressures hit consumers

Inside Retail

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . About the author: Merline McGregor is GM at Pattern Australia. The post E-commerce sales fall as cost-of-living pressures hit consumers appeared first on Inside Retail.

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Analysis: What to expect from retailers’ FY24 results

Inside Retail

Its economic data analysis will include retail sales at its August meeting with speculation around another increase in interest rates. Retailers are praying for a most unlikely cut to interest rates or, at least, a hold on them at the August board meeting.

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What the cost-of-living crunch means for Black Friday

Inside Retail

Black Friday and Cyber Monday sale events have turbo-charged Christmas trading, with the month of November overtaking December in total retail sales for each of the past three years. Retailers are hoping for more Christmas cheer this year from Black Friday on 25 November and the Cyber Monday promotion three days later.

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Choosing the Best Materials for Visual Merchandising Concepts in Luxury Retail Stores

Retail Focus

Fabric design techniques include wrapping, embossing, debossing, and embroidering, incorporating raised and lowered images or patterns into your visual merchandising design. . The dimensional elements of fabrics can add a distinct and stunning look to create a lasting first impression on retailers. Example 3: Display Pillars .

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Young adults are feeling the pinch – here’s how retailers are responding

Inside Retail

She also said that there had been a change in consumer habits, whereby younger customers are tending to purchase products during promotional and sales periods. Brand founder and director of fashion brand Self The Label, Danielle Dona Sghaby said that she had noticed a change in the spending patterns of customers aged between 25-34.

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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

Analysts suggest that while a cut seems probable in the first quarter of next year (hopefully before Easter anyway), it’s uncertain how quickly any rate reduction will trickle down to impact retail sales. Retailers will need to adapt by promoting products that resonate with consumers seeking value. points in September.

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