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To counteract the surplus stock resulting from Covid-19 closures and slower spending, brands are innovating with new off-price retail strategies that add to the cachet of their brand rather than diminish it.
In Part 2 of our look at the retail market in 2016, we examine how off-price retail, delivery disruption and a rethinking of loyalty are affecting the sector.
How to cater for tourists who want a luxury experience at an affordable price.
US – Off-price retail is here to stay and the industry is set to grow, according to the latest figures from Mintel.