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usnewsper-business · 6 months
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Nordstrom's Sales Soar, Online Shopping Boosts Revenue: CEO Erik Nordstrom Shares Success Secrets #accessories #CEOErikNordstrom #customersatisfaction. #digitalinnovation #ecommercesales #inflationarypressures #inventorymanagement #longtermoutlook #luxurydepartmentstore #Nordstrom #NordstromRack #offpricesegment #onlinepresence #quality #retaillandscape #revenue #salesincrease #shares #shippingtimes #shoes #shoppingexperience #strategicpriorities #supplychaindisruptions #technologyinvestments #thirdquarterearnings #womensapparel
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viralhai · 4 years
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Luxury department store Selfridges clothing rental, jumps in search of young shoppers in vintage clothing - fashion and trends | ViralHai News [ad_1]
Selfridges & Co. The UK is offering fashion items for rent in a bid to attract small and ecologically minded customers at a challenging time for retail. The luxury department store, in association with HURR, an online fashion rental platform, has offered 100 items from over 40 fashion brands for up to 20 days at a time.
Selfridges plans to sell a selection of vintage clothing for six weeks from the end of September, based on a secondhand clothing concession launched last year with online reseller Westair Collective. Shoppers can also sell goods used for credit at the store from mid-October.
Increasing consumer concern over the ecological impact of fast fashion means that many retailers are washing hands to tap on the increasing demand to rent and buy second-hand items. E-commerce sites such as Depop and Poshmark Inc. have popularized the sale of used clothing online. In the US last year, department store Messes and Jessie Penny partnered with ThredUp Inc., a San Francisco-based resort company.
Zalando SE is launching a pre-owned fashion range on its site later this year. This week the German online fashion retailer's chief financial officer, David Schroeder, said on an earnings call that it would allow customers to sell their clothes to Jalando "quickly and easily, and also give them a highly curated, quality check and convenient facility" will provide." Selection of items available for purchase. "
The Selfrides initiative is part of the retailer's plan to reduce environmental impact, including a commitment to become carbon-neutral by 2050.
Coronoviruses have "changed the cycle of consumption in a way we could never have predicted", said Anne Pitcher, managing director. As a result, she said, Selfridges "have to change how shopping is done."
Selfridges is best known for its huge shopping emporium on London's Oxford Street, but also has stores and an online division in Birmingham and Manchester. Last month the retailer, which is owned by the Weston family, announced that it would be cutting 14% of its workforce, 450 roles, as retail traders struggle to emerge from the epidemic-induced closure.
(This story has been published from a wire agency feed without textual modifications. Only the title has been changed.)
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. [ad_2] https://tinyurl.com/y53bc449 #clothing #coronavirus #covid-19 #department #fashion #jumps #kovid #luxury #luxurydepartmentstore #news #rental #search #selfridges #shoppers #store #style #theoutbreak #trends #universalepidemic #vintage #viralhai #virus #young
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cppluxurycom · 4 years
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Harrods to cut up to 14 percent of workforce to mitigate the impact of Covid-19
https://cpp-luxury.com/harrods-to-cut-up-to-14-percent-of-workforce-to-mitigate-the-impact-of-covid-19/ 
#Harrods #Harrodslondon #QIA #luxury #luxurydepartmentstore #luxuryretail #retail #restructuring #jobcuts  
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usnewsper-business · 10 months
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Nordstrom's Sales Soar, Online Shopping Boosts Revenue: CEO Erik Nordstrom Shares Success Secrets #accessories #CEOErikNordstrom #customersatisfaction. #digitalinnovation #ecommercesales #inflationarypressures #inventorymanagement #longtermoutlook #luxurydepartmentstore #Nordstrom #NordstromRack #offpricesegment #onlinepresence #quality #retaillandscape #revenue #salesincrease #shares #shippingtimes #shoes #shoppingexperience #strategicpriorities #supplychaindisruptions #technologyinvestments #thirdquarterearnings #womensapparel
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cppluxurycom · 5 years
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Harrods appoints its first digital & strategy director
https://cpp-luxury.com/harrods-appoints-its-first-digital-strategy-director/
#Harrods #digital #digitaldepartment #DigitalStrategyDirector #strategy #luxury #luxurydepartmentstore
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