This week’s post is written by Michael Dahan.
Category: Uncategorized
Understanding luxury retail best practices is critical to providing an exceptional customer experience in retail stores when the industry that has been through a tough time.
As most of retail was forced into online-only trading, during the pandemic, luxury retailers were put in a tricky situation. Luxury brands are often reluctant to make all of their creations available online to protect the aura of exclusivity around their products.
As COVID restrictions are gradually lifted, brands are able to venture back out of the e-commerce bubble and meet customers in person once again.
Yet we can’t help but notice the echoes of ‘retail will never be the same‘ ringing out all over the media and it’s becoming increasingly clear that the market that awaits luxury stores will be somewhat different to before. For luxury brands to thrive, they will inevitably have to evolve with the market to secure their position in a post-pandemic society.
We interviewed 4 experienced retail executives about the biggest developments of 2018, the toughest challenges ahead, and one technology they think will be the biggest game-changer. Here are their thoughts!
Categories
YOOBIC’s Top 5 Blog Posts of 2018
2019 has arrived! We’ve made our resolutions, taken down the Christmas decorations, and are now wondering how to get through the mountain of leftover chocolate without straying from our New Year health kick.
Can you believe 2018 is almost over? It’s been an interesting year for retail to say the least, but now it’s time to look ahead to what 2019 might hold. Here are our predictions for the coming year, and some resolutions to help retailers stay at the top of their game – hopefully beyond January 1st.
Categories
What to Expect from NRF 2019
After opening our New York office just a few months ago, our team is already warming up (just kidding) to their first NYC winter and are thrilled to be attending NRF’s Big Show from January 13-15.
With disruptive new direct-to-consumer players quickly winning over customers, traditional cosmetics retailers need to seriously shake up the way they work to stay in the game. The best way to do this is by increasing visibility into store and field operations.
This article was originally posted in November 2018 and updated in March 2019
Laut aktuellen Umfragen beobachten fast 50% der Handelsunternehmen einen Effekt der Digitalisierung auf ihr Gesch’ftsmodell.
Athletic footwear retail is having a major moment. The rise of the athletic wear trend has bolstered profits over the past few years, with demand increasing by 16% last year to $9.6bn in sales.