CommerceNext’s Post

Ready to be inspired? We’ve collated all the best retail advice we’ve received from the likes of hummel, SHAPING NEW TOMORROW, Norrøna, Eton Shirts and many more, to help you stay successful now and into the future.

In this interview with One News’s Thought Leaders with Cathy Yang, GOLDEN ABC, Inc.’s Chairman and CEO, Bernie Liu, shares how the company strengthened its business strategies during the pandemic by embracing innovation and reinforcing customer-centricity. Mr. Liu shares that GABC’s priority is always to offer only the best products and experiences for its customers. He shares, “We always listen to our customers and make sure to come up with products that they would love, at prices that they like.” Explaining how the company pivoted during the pandemic, Mr. Liu further explains, “We were already in e-commerce even before the pandemic, but when our brick-and-mortar closed down due to lockdowns, we [fully] shifted to e-comm so we can still serve our customers, [and in the platform] we simplified the processes for them. The goal is to serve our customers in the best way we can, wherever they may be.” #OneGABC #InspiringGreatness *GOLDEN ABC has been in fashion retail for 37 years. Under its wings are Penshoppe, OXGN, ForMe, Regatta, Memo, and BOCU.

In the ever-evolving realm of retail, where trends shift, consumer behaviors change, and competition intensifies, staying ahead of the curve is crucial for brands vying to secure a prime spot on physical store shelves. In this blog, based on a webinar hosted by Women in Toys, Licensing, and Entertainment (WiT) and The Genesis Company, we'll delve into the intricacies of navigating the dynamic landscape of physical retail. From the pivotal moment of securing a purchase order to the ongoing challenges of maintaining success once on the shelf, these key takeaways will provide a strategic roadmap for brands seeking to thrive in the fiercely competitive world of physical retail. Read the full post here: https://bit.ly/3N2scAQ #womenintoys #licensing #entertainmentindustry #RetailEvolution #StayAheadInRetail #DynamicLandscape #PrimeSpotInRetail #BrandSuccess #WiTWebinar #RetailInsights #StrategicRoadmap #FierceCompetition #ThriveInRetail #ConsumerTrends #RetailChallenges #PurchaseOrderStrategies #BrandSuccessInRetail #WiTBlog #GenesisCompany

The rise of new players like SHEIN, Vinted and Temu is shaking up the retail landscape and changing the way we browse and buy. And it's not just in fashion and style, each and every consumer category is being regularly challenged. Join us for the latest Ipsos iris webinar, where we will explore the impact of these new players and what it means for established retailers. What? Exploring Digital Retail: Unlocking the Online Opportunity When? 10:00 AM, September 19th Where? https://ow.ly/592B50PBUXy

Discover the strategies and secrets that have propelled these brands to greatness and learn how you can apply them to your own retail journey. Stay ahead of the curve and thrive in the ever-evolving world of retail with the wisdom and experience shared by these trailblazing companies. 🚀

Today's free Drapers Connects webinar will see industry experts from TheWhiteCompany, Hackett and Cegid discuss how to elevate retail operations, supercharge store staff and deliver brand consistency. Read more here. #fashion #fashionnews #retail #retailnews #webinar

Happy New Year C&A! Wait, what – it’s March?! 👀 For us at C&A the new fiscal year starts on March 1st. This is the perfect opportunity for each of us to make a New Years resolution. What do we want to achieve in the new fiscal year – as a team and individually? How is each of us going to contribute to our journey to becoming a modern omnichannel fashion retailer? How am I going to inspire others to look, feel and do good? While the answers to these questions may vary for each co-worker, we have one shared mission: We will continue to grow together as #OneCandA. Our togetherness is our biggest strength, and it will keep guiding is in the upcoming year! That’s why throughout March we will focus on our value #togetherness, which means: We love to work as a team, striving towards a common goal, coming together as ONE C&A. Our different backgrounds and competences help us face challenges and find innovative solutions. #MakeItAnOccasion #Values 

Shein vs. Temu: The battle of the e-commerce giants! 🛍️🔥 According to Kantar research, Shein and Temu have dominated global Google searches, with Shein boasting nearly 62 million average monthly searches, while Temu had 19 million. 🌍🔍 But what fuels their dominance and rivalry? And who will win over customer’s heart and cart in the end? ❤️ 🛒 Industry leaders, including Vudoo's Founder & CEO Nick Morgan, weighed in on this debate. Nick suggests that while Shein may maintain its lead in fast fashion, Temu could emerge as a significant player in the broader e-commerce landscape. For the full showdown, check out the article in Retail Week: https://lnkd.in/gjjSNbXH Who do you think will come out on top? Share your thoughts! 💬✨ #FastFashion #EcommerceBattle #SheinVsTemu #Ecommerce

Customer-Centric #retail: Where Market Research Fuels Success! In the ever-changing world of retail, success hinges on one crucial factor i.e. understanding your customers. This is where #marketresearch becomes your superpower, transforming you from a product-pusher into a champion of customer desires. Now the big question how? 1. Unmask customers: lululemon uses #focusgroups and #surveys to gather feedback on prototype designs, ensuring new products meet customers' exact needs. 2. Predict the retail weather: Gap's data-driven analysis revealed a disconnect between its product offerings and customer preferences, prompting a strategic shift to align with current trends. 3. Craft personalized experiences: Think Amazon suggesting your next obsession before you know you want it. 4. Outsmart the competition: Under Armour's research-driven focus on performance fabrics allowed them to carve a niche in the athletic #apparelindustry, challenging industry giants like Nike and adidas. 5. Minimize risk, maximize rewards: Target's data-driven approach to store layout and inventory management has optimized their operations, leading to increased sales and efficiency. Embrace market research, become a customer champion, and conquer the shopping universe! DM me for your custom research weapon. Let's win customers together :)

Fashion has new collections and merchandise coming in daily and it may be hard to keep track for even the sharpest of all retail teams. When merchandise is underselling its sales potential, it may take weeks to notice. The merchandise may be underperforming for many reasons; Customers are not seeing it, or customers are seeing it but not engaging with it, or they are trying it on but not buying it. You don't want to lose weeks trying to gain this data. With Nexite you know in real-time. #connectedmerchandise #nexite #retailai