Discounting

News & Analysis

UK Retailers Increased Discounts and Promotions to Boost Sales

2 September 2020 • By Reuters

Average shop prices in August were 1.6 percent lower than a year before, compared with a fall of 1.3 percent in July.

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News & Analysis

UK Retailers Increased Discounts and Promotions to Boost Sales

Average shop prices in August were 1.6 percent lower than a year before, compared with a fall of 1.3 percent in July.

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BoF Professional Exclusive

The Off-Price War Heats Up

13 July 2020 • By Cathaleen Chen

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BoF Professional Exclusive

The Off-Price War Heats Up

From stalwarts like T.J. Maxx and Nordstrom Rack to venture-backed newcomers and online luxury resellers, a multitude of discount retailers are all vying for a piece of the growing off-price market, which will thrive amid the lingering global recession.

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Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?

9 July 2020 • By Casey Hall

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BoF Professional Exclusive

Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?

Outlets and off-price retailers in China are seeing business boom as luxury brands pump excess inventory into the country at bargain basement prices. But the pandemic clearance strategy is a double-edged sword.

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BoF Professional Exclusive

6 Ways to Boost Sales During the 618 Shopping Festival

18 June 2020 • By Casey Hall

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BoF Professional Exclusive

6 Ways to Boost Sales During the 618 Shopping Festival

With billions of dollars of merchandise sold by more than one hundred thousand brands, China’s discount-focused shopping festivals are impossible to ignore but difficult to get right. Here are six ways to make them work.

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Gucci Just Left the Fashion Calendar Behind. Who Will Follow?

24 May 2020 • By Brian Baskin

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BoF Professional Exclusive

Gucci Just Left the Fashion Calendar Behind. Who Will Follow?

This week, everyone will be talking about Gucci's move to a seasonless schedule, Memorial Day sales — or lack thereof — how beauty retailers will reopen stores and luxury's bet on resort dressing. Get your BoF Professional Cheat Sheet.

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BoF Professional Exclusive

Try Virtual Vouchers Instead of Deep Discounting

23 April 2020 • By Casey Hall

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Try Virtual Vouchers Instead of Deep Discounting

Global giants like Zara, H&M and Nike are experimenting with virtual vouchers to get people spending again in China. Should other brands follow suit to avoid the potentially harmful practice of deep discounting?

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BoF Professional Exclusive

Is This the End of Wholesale, or the Beginning of Something Better?

7 April 2020 • By Chantal Fernandez

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BoF Professional Exclusive

Is This the End of Wholesale, or the Beginning of Something Better?

Department stores are cancelling orders and delaying payments, pushing designers to breaking point and calling into question a system that has been challenged for years.

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BoF Professional Exclusive

What Will Stores Look Like Post-Pandemic?

5 April 2020 • By Brian Baskin

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What Will Stores Look Like Post-Pandemic?

This week everyone will be talking about the future of retail in a post-pandemic world, the state of the "drop" model and the proliferation of spring sales. Get your BoF Professional Cheat Sheet.

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BoF Professional Exclusive

What Shoppers Are Thinking Right Now

31 March 2020 • By Chantal Fernandez

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BoF Professional Exclusive

What Shoppers Are Thinking Right Now

Consumers are feeling denial, anxiety, dread and hope. But even if they aren’t in the buying mood, brands can use this time to build deeper relationships.

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BoF Professional Exclusive

Luxury Brands Burn Unsold Goods. What Should They Do Instead?

11 March 2020 • By Sarah Shannon

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Luxury Brands Burn Unsold Goods. What Should They Do Instead?

The luxury industry’s habit of destroying end-of-season leftovers is under threat, thanks to a consumer backlash and increasing government regulations. BoF uncovers the best solutions.

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