Retail Industry

How Retailers In Singapore Can Deal With Serial Returners

Serial returners are making headlines as they are being banned from Amazon, and other major US and UK stores are set to follow this policy. Compared to retailers in Asia, retailers in the US and the UK have generous returns and refunds policy for items purchased, and a growing number of these customers have taken advantage of such returns policy. While not all customers who returned their items purchased are banned, the focus is on ‘serial returners’ – customers who often buy items and return them, either as frequent returns or as bulk returns. Is banning customers a good idea to begin with? 60% of US and 45% of UK retailers are considering to impose a lifetime ban on serial returners. Retailers have taken customer returns as a serious concern given that they stand to lose a lot of m...

How Filipino Designers Can Prevent Idea Theft

There’s nothing more frustrating for a fashion designer than to have his creations stolen. First of all, your fashion designs are your work of art. New clothing and accessory designs start with the right choice of color combinations and carefully drawn patterns that reveal your creativity and uniqueness as an artist. Likewise, your designs are not just your work of art but also your source of income. Your fashion ideas are your fashion business’ costly assets that deserve to be protected from concept thieves. Thus, you have to do everything you can to safeguard your designs. Here are some tips on how you can protect your fashion ideas and designs from theft. Put everything in writing Whether you’re pitching for a potential client or you’re sending your design for production, make sure to k...

7 Tips to Get Your Store in the Philippines Ready for the Holiday Season!

Christmas is celebrated all over the world and there are many exciting things that everyone is anticipating here, the Filipino Christmas rush. We’re fast approaching the end of the year, and there are a number of things that business owners have to stay on top to best manage their businesses. Now is the perfect time to map out your preparations in order to drive the most revenue for your business. If you’re a retailer, but not quite sure how to get your store ready, here’s 7 things to get you going! 1. Set Your Holiday Store Hours The first step is to look at and familiarize yourself with the holidays coming up and decide which ones are important for your business and to your customers. The most effective mall hours done in the Philippine setting usually starts late in the morning and ends...

Report: Dongdaemon, the Backbone of Asian Fashion

Every year, ~US$ 10b of fashion goods transact online in S. Korea. With ~30K Korean online fashion stores exporting products overseas in 2014 and ~70K today, fashion eCommerce in S.Korea is a fast growing industry and export contributor. Korea itself exports ~US$2b of apparels annually and counts China, Japan and the US as key export destinations. Offline, the downtown area of Dongdaemon, Seoul, is home to more than 30K fashion retailers. At 8pm every night, wholesalers in apm Place spring to life. Buyers from Shenzhen, Chong Qing, Guangzhou, Taipei, Singapore, Indonesia and many other Asian cities flood the mall which operates till 5am every day. Every outlet is nicely decked out with instore displays and the latest Korean fashion wear. Store owners closely guard their designs, prohibitin...