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THE RETAIL WRAP: 23rd Mar

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Join the Retail Wrap to discover the latest news and happenings from throughout the diverse retail and design industries. 

 

From e-commerce and high street brands to inspirational and trending topics, our weekly series will bring you up to speed on the latest hot topics from across retail, lifestyle and design; covering everything from retailer updates, changes in purchasing behaviour, inspirational case studies, and the latest trends.

 

With inflation rising and virtual pop-up stores to shopify's new tool and Millennials shopping for fashion cross-border, find this and more with the retail industry's need-to-know headlines this week.

 

Shopify launches Linkpop to help creators sell products directly from social media

The new link-in-bio tool allows its merchants to create a cohesive brand experience across social channels and sell products directly from their link-in-bio page.

It comes as part of a wider goal to support creators by expanding access to commerce tech and building tools to help merge creativity, community and commerce.

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Inflation surges to 30-year high as cost-of-living crisis escalates

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation rose to 6.2% in February, up from 5.5% in January and again reaching the highest level since March 1992, when it stood at 7.1%.

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Hogan to debut virtual store and NFT drop at Metaverse Fashion Week

Italian luxury brand Hogan is taking part in Decentraland's Metaverse Fashion Week, running from March 24 to 27, with a virtual pop-up store and the brand’s first NFT drop.

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Boots.com launches on-demand mental health service

The move follows a direct rise in the number of patients asking for mental health advice and support in Boots’ physical pharmacies. An estimated 1.6 million people are currently waiting to access mental health services on the NHS, as the number of UK adults experiencing depression and anxiety remains above pre-pandemic levels.

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Planning Permission Granted For £10M Dobbies Store at the Junction in Northern Ireland

The £10m project at The Junction will be Dobbies’ largest store in Ireland and one of the largest in its UK portfolio.  The store is expected to attract a footfall of around one million visitors per annum, creating 110 new full and part-time jobs, making it one of the largest employers at The Junction.

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Millennials most likely to shop for fashion cross-border

Millennial consumers are the most likely to shop for fashion cross-border as the pandemic era ushers in a new generation of international online shoppers. According to research carried out by ESW reveals that 37% of Millennials had made 11 or more international purchases online in the past year.

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Written by Yasemin Baytas
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Written by Yasemin Baytas

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