Korean cosmetics lays foundation to seduce Europe

Picking luxury goods powerhouse France as its bridgehead to seduce European consumers, South Korea’s leading cosmetics firm Amore Pacific launched its top brand Sulwhasoo at the upmarket Galeries Lafayette department store a few months ago.Britain is the next planned stop for Amore next year, when the company also plans to launch its other flagship brand, Laneige.คำพูดจาก Read more

NRF pushes government on pandemic insurance for retailers, praises small business loan legislation

 Based on a similar program for terrorism insurance set up following 9/11, a government-backed pandemic insurance program would help retailers obtain the coverage they need to renew their leases, invest in real estate, order inventory, plan for capital improvements and hire or re-hire workers over the next few months, while also providing a mechanism for ensuring economic recovery in the face …

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EU fleshes out WTO e-commerce proposal, faces obstacles

The World Trade Organization rulebook was largely written in the 1980s and 1990s before the internet revolution, and major trading powers have conflicting red lines over e-commerce.Of the WTO’s 164 members, 77 have agreed to try to bring the rules up to date.คำพูดจาก สล็อตเว็บตรงRead more

M&S adds rewards element to Shwopping scheme as consumers plan wardrobe clearouts

A key part of the retailer’s sustainability programme, Shwopping allows customers to donate pre-loved clothing and accessories. And now its scheme has been updated, this new year will be the first time its customers will be rewarded with a £5-off M&S Clothing & Home voucher for making a donation.Customers have to sign up to M&S’s loyalty scheme, Sparks, and scan the QR code on the box when…

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Nike urges court to throw out EU probe into Dutch tax deal

The European Commission launched an investigation into Nike’s Dutch tax status in January 2019, part of a crackdown on multinationals’ sweetheart tax deals with EU countries giving them an unfair advantage.At issue are five tax rulings issued by Dutch authorities from 2006 to 2015, two of which are still in force, which endorsed a method to calculate royalty payments to Nike’s Dutch entities – …

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SupplyCompass unveils wool sourcing partnership with Woolmark Company

The UK-based product development and production management platform said the partnership will enable access to trusted wool supply chains.Brands using the platform can now connect with manufacturers from The Woolmark Company’s global network and benefit from total traceability, with access to the full journey from farm to product. คำพูดจาก Read more

Shoppers willing pay more for top customer service, omnichannel experience key – report

Its ‘Retail Smart Guide: Tips for delivering smarter shopping experiences’, which surveyed 1,000 UK consumers in July, reveals how shopping behaviours and customer expectations have changed since the Covid-19 pandemic.The key finding is that consumers want an omnichannel experience. Amid reports that 58% now plan to do all or most of their shopping online (an increase of 23% since before th…

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Online sales in France top €100 billion mark in 2019

In 2019, no fewer than 1.7 billion online transactions were recorded, a 15% increase that masked the constant erosion of the average purchase basket, which fell by another 3.6%, down to €59. This decrease was, however, once again compensated by an increase in purchasing frequency, as French online customers placed on average 43 orders in the course of the year, about one per week per customer…

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UK consumer confidence stays low says GfK

GfK’s long-running Consumer Confidence Index’s overall figure was unchanged at -14 for November compared to October, but it’s actually one point worse than November last year. This came as people viewed the measure for their personal financial situations over the last 12 months in a fairly bleak light. That figure for November was at zero, worse than the +1 of a month ago, although interes…

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Walmart makes offer to buy out rest of S.African retailer Massmart

Shares in Massmart surged 46% after the company announced the news on Monday, as its Chairman Kuseni Dlamini said the offer seems “fair and reasonable.”The world’s biggest retailer had acquired a 51% stake in Massmart in 2010 for $2.3 billion, an investment that was seen as an outlay to use South Africa as a base to grab a share of the so-called ‘Africa growth story.’

But it has struggled…

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