consumers

Zara’s gray market: how “parallel imports” reassure Russian consumers

ALeksandr Gorbunov, a property investor from the Siberian city of Krasnoyarsk, had an easy solution when Spanish clothing giant Zara closed its stores in Russia following the invasion of Ukraine: import it himself . “The idea to start selling Zara came from my wife, who said she really wanted the clothes to come back,” said …

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High-income consumers not letting inflation, recession worries change shopping habits

High-income consumers aren’t letting inflation and recession worries change their buying habits

Luxury buyers are spending more on indulgence and paying more attention to wellness products. August 11, 2022 | by Judy Mottl — editor-in-chief, RetailCustomerExperience.com & FoodTruckOperator.com Inflation, the threat of a recession, and general anxiety about rising costs don’t bother luxury-loving consumers. In fact, high-end consumers have been steadily spending on luxury lifestyles, and interest …

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Consumers spend more on groceries and restaurants, less on clothes and airport errands

Consumers spend more on groceries and restaurants, less on clothes and airport errands

Irish consumers are spending more on groceries, restaurants and fuel while cutting back on leisure activities and clothing purchases as pressure on the cost of living intensifies, according to fintech Revolut. The group’s latest consumer spending report suggests consumers here – month on month – are spending more on essentials, generally reflecting rising prices. July …

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Trends: Consumers are turning to hyperlocal cachet for tongue-in-cheek chic

Trends: Consumers are turning to hyperlocal cachet for tongue-in-cheek chic

Consumers are taking over their “local” – whether it’s a delicatessen, restaurant, bar or other business – often associated with high-end jewelry, shoes and accessories as the fashion statement of the day. It’s a post-ironic embrace, not just a bagel but a lifestyle of the Benjaminian aura (an object’s presence in time and space, its …

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Intro is the latest app to directly connect celebrities to consumers

Intro is the latest app to directly connect celebrities to consumers

You may never have a mansion quite like Oprah, but now you can chat with her favorite interior designer, Nate Berkus, for a fee, of course. A new app, Introduction, lets anyone book one-on-one video calls with industry experts for advice in areas ranging from fashion and beauty to interior design, event planning and business …

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fashion, sustainability

Study: SEA consumers are skeptical of fashion items marketed as sustainable

The majority of Southeast Asian consumers (63%) are highly skeptical of brands that market their fashion products as sustainable. According to a June 2022 survey by Milieu Insight that interviewed 1,000 respondents each from Singapore, Malaysia, Thailand, Indonesia, Vietnam and the Philippines, the majority of respondents indicated they would do more research before deciding …

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Metaverse - Revolutionizing the way consumers shop

Metaverse – Revolutionizing the way consumers shop

Virtual meeting using the Immersed Virtual Reality program a (Photo by Sergio FLORES / AFP) (Photo by … [+] SERGIO FLORES/AFP via Getty Images) AFP via Getty Images The metaverse, through virtual reality (VR) and augmented reality (AR) technologies, heralds new economic opportunities, transcending the digital and physical worlds, across a multitude of industries. Retailers …

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How to Sell Clothes During a Supply Chain Crisis

How to Sell Clothes During a Supply Chain Crisis

Fashion’s supply chain issues create unique challenges for industry marketing departments: how do you convince shoppers they need last season’s clothes when they finally hit stores? That’s the scenario Untuckit faces, counting down the days its spring shipments get stuck in the congested port of Los Angeles. “It could take another two weeks and it …

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