The National Retail Federation’s annual show, NRF, has always been a showcase of the latest and greatest trends in the retail sector and the companies that can best help retailers deliver on them. At NRF 2023, we witnessed a spectrum …
The digital divide in the retail sector is becoming increasingly evident, separating brands that have successfully established comprehensive, integrated digital strategies from those that have not. The inability to leverage omnichannel, digital, and e-commerce strategies is a significant challenge for …
As the retail landscape has transformed and become more dynamic, driven by swift technological advancements and evolving consumer preferences, the point of sale (POS) systems long-ago adopted by retailers have found themselves struggling to keep pace. Today, many retailers find …
In the dynamic world of luxury branding, consolidation has become a hallmark trend. Just within the last month, we’ve seen Tapestry announce their acquisition of Capri Holdings to consolidate their foothold in the American market and scale better to increase …
What is Barbiecore, and why have luxury brands been paying attention?
This trend is all about embracing the bright pinks, pastels, and sparkles that are synonymous with the iconic doll. Barbiecore fashion is characterized by its playful, feminine, and often …
In response to evolving global conditions – including supply chain issues, inflation and the climate crisis – consumers are increasingly turning to resale luxury items, reports The Real Real in its 2022 Luxury Resale Report. Based on the data …
Customers who are extremely loyal to a business are considered brand evangelists. Typically, these people buy specific products from one brand and do not venture to their competitors. They use their positive experience with a particular business as a way …
Open platforms provide the flexibility brands need to deliver exceptional customer experiences while also managing multiple legacy ERPs, back-office systems, and APIs. With open platforms, luxury retailers can connect to all of these systems, streamlining their operations and improving customer …
In the highly competitive world of luxury retail, staying ahead of the competition requires agility and scalability. This means being able to quickly and efficiently respond to new market opportunities and customer demands, while also maintaining a flexible, adaptable infrastructure …
As sensibilities change in favor of sustainability, the luxury retail market is struggling to catch up. The change means a fundamental shift in the industry that starts with the right leadership and infiltrates into marketing, materials curation, logistics, and more. …