LVMH’s Post

🚀 Marks and Spencer is set to overtake TK MAXX and Frasers Group to become the UK’s second-largest fashion retailer, right behind Next by 2027. 📊 Data from Retail Week, Retail navigator and Lumina Intelligence predicts how the industry is set to evolve over the next few years. Which brands will dominate our high streets, phone screens and wardrobes? https://lnkd.in/emfifffC #RetailNews #FashionIndustry #RetailTrends #CX #Zendesk #Retail #DigitalTransformation #CustomerExperience #ExperienceEconomy #RetailTransformation #CXStrategy #RetailExperience #OmnichannelRetail #RetailInnovation #RetailLeadership #RetailTrends #Ecommerce #RetailSuccess #CXTransformation #RetailGrowth #DigitalStrategy #RetailExcellence #CXInnovation

🚀 What can luxury fashion learn from the wholesale flower market? 💡 Luxury fashion faces challenges in moving inventory without harming brand value. The Dutch auction model, famously used in the flower market, offers a solution. With presales to signal quality and dynamic price drops to clear stock, this method has helped brands like StockX and Vestiaire Collective thrive. Could this model reshape fashion’s future? At InstantReplay, we’re exploring innovative retail solutions to enhance brand value and customer experience. 🌱 #FashionTech #RetailInnovation #Sustainability #instantreplay Read more here: https://lnkd.in/ertPJAsg

To win and keep the consumers of tomorrow, luxury retailers need to understand what drives them. Fashion psychologist Shakaila Forbes-Bell is here to show businesses how they can put psychology and technology to use to make the shopping experience even more enticing for the next generation. Our Future of Luxury Retail series has so far focused on the technology coming to transform the sector, but we should also stop and consider why people shop in the first place. Be sure to watch Shakaila’s full video at https://vzbiz.biz/3zGZFN2 #LuxuryRetail #FutureOfRetail #Retail #Technology

To win and keep the consumers of tomorrow, luxury retailers need to understand what drives them. Fashion psychologist Shakaila Forbes-Bell is here to show businesses how they can put psychology and technology to use to make the shopping experience even more enticing for the next generation. Our Future of Luxury Retail series has so far focused on the technology coming to transform the sector, but we should also stop and consider why people shop in the first place. Be sure to watch Shakaila’s full video at https://vzbiz.biz/3RXj1DZ #LuxuryRetail #FutureOfRetail #Retail #Technology

This week, we’ve seen fascinating contrasts in retail strategies. While Camper pulls back from discounts and focuses on product drops, Sweaty Betty is diving deeper into discounts to drive sales. Meahwhile, NARS shines with its luxury 24 Karat collection, and Dolce & Gabbana merges fashion and function with $33 designer highlighters. On the other end, Vinted is expanding from fashion into second-hand electronics. There’s no single strategy for success, but Grips provides e-commerce leaders with the insights they need to see what’s working for their competitors so they can make informed decisions and choose the right tactics. Dig into more details about these trends and other fast-moving retailers in our latest blog post. https://lnkd.in/es9Q_mfm

What’s the best way for luxury retailers to entice the consumers of tomorrow? Fashion psychologist Shakaila Forbes-Bell is here to show retailers how they can build valuable relationships with a hyper-connected generation. The key to success, she says, is in understanding what happens to our brains when we come to shop. Explore the full Future of Luxury Retail series for invaluable insight from leaders in the field, exclusively at https://vzbiz.biz/3Lr4m0p. #LuxuryRetail #FutureOfRetail #Retail #Technology

What’s the best way for luxury retailers to entice the consumers of tomorrow? Fashion psychologist Shakaila Forbes-Bell is here to show retailers how they can build valuable relationships with a hyper-connected generation. The key to success, she says, is in understanding what happens to our brains when we come to shop. Explore the full Future of Luxury Retail series for invaluable insight from leaders in the field, exclusively at https://vzbiz.biz/3WrguEP. #LuxuryRetail #FutureOfRetail #Retail #Technology

Why We Buy: The Thrill of Irrational Shopping! Join Mark Tan as he delves into the captivating world of irrational shopping! Discover how emotions and hype drive our purchasing decisions, from luxury brands to trendy apparel. Explore the fun and amusement behind shopping choices that go beyond necessity in this thought-provoking chapter! #IrrationalShopping #ShoppingHype #MarkTan #ConsumerBehavior #LuxuryBrands #EmotionalPurchases #RetailInsights #TrendyApparel #HypeCulture #ShoppingFun

Why We Buy: The Thrill of Irrational Shopping! Join Mark Tan as he delves into the captivating world of irrational shopping! Discover how emotions and hype drive our purchasing decisions, from luxury brands to trendy apparel. Explore the fun and amusement behind shopping choices that go beyond necessity in this thought-provoking chapter! #IrrationalShopping #ShoppingHype #MarkTan #ConsumerBehavior #LuxuryBrands #EmotionalPurchases #RetailInsights #TrendyApparel #HypeCulture #ShoppingFun

Want to see how our mystery shopping programmes can boost your retail experience to ✨ EPIC ✨ levels? Give Russell a message at russell.bennett@esa-retail.co.uk to see how we can help. What EPIC experiences have you had while shopping? Let us know in the comments 👇 #EPICCustomerExperience #CustomerExperience #MysteryShopping #Fashion