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Luxury Apparel Retailers Back in Vogue

By Krish Thyagarajan   |   October 14, 2021

Luxury is roaring back for the holidays. While the disruption of lockdown made serious digital investments an imperative, luxury retailers have more than caught up by taking advantage of high demand for certain products and a consumer base willing to pay for them. These types of insights can provide navigation through chaotic times and help retailers through potential future disruptions. This report contains DataWeave’s insights tracked within the online retail luxury space, starting pre-pandemic, November 2019 through May 2021. Key trends identified include:

  • The evolving trend of consumption upgrade to luxury apparel goods as a response to scarcity
  • The industry’s response to online pricing and promotional changes by category throughout the pandemic
  • Inventory changes tracked over time given the lockdown, demand fluctuation impacted by lifestyle changes, and supply constraints.

Read more on Technology

About Krish Thyagarajan

Krish Thyagarajan, President and COO of DATAWEAVE. DATAWEAVE is a digital commerce analytics platform providing sales optimization solutions to global omnichannel retailers, consumer brands and marketplaces in a rapidly evolving digital commerce landscape. The company’s comprehensive suite of SaaS solutions are comprised of the following: For Retailers – Commerce Intelligence Pricing Intelligence and Optimization Assortment Analytics For Brands – Brand Analytics Brand Protection Digital Shelf Analytics Driven by the ability to aggregate and analyze data at an unprecedented scale, DataWeave’s proprietary and highly differentiated technology provides retailers with real-time actionable insights that enable sales optimization and revenue enhancement.

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H&M Tries to Amazonify Operations by Hosting Competing Brands

Is Best Buy Unplugged?

Return on Experience, the New Metric

A Closer Look at Retail & Labor in Inflationary Times

Hidden Opportunities

Private Retailing: For Your Wallet Only

Will BOPIS and BORIS Replace Delivery?

The Good News and Bad News for Kohl’s

Sustainability Can Be Deceptive

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Copyright © 2022 · Robin Lewis, Inc. All rights reserved. Copying or reproducing, by any means whatsoever, of The Robin Report, or any distribution hereof, in whole or in part, without the express written consent of Robin Lewis, Inc. is strictly prohibited. The Robin Report is published for senior executives in the retail, fashion, beauty, consumer products and related industries. The opinions expressed herein are not, and should not be construed as investment or other advice. All expressions of opinion are subject to change without notice.

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