China and Austria. Which learnings as stores reopen?

An article by La rédaction

Publication

20 April 2020 à 14h32

Updated on 13 November 2024 à 17h39

Reading time

3 minutes

Publication: 20 April 2020 à 14h32, Updated on 13 November 2024 à 17h39

Reading time: 3 minutes

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From China to Austria, retail is gradually emerging from hibernation. What are the most effective strategies and timetables?

An article by La rédaction

Publication

20 April 2020 à 14h32

Updated on 13 November 2024 à 17h39

Reading time

3 minutes

Publication: 20 April 2020 à 14h32, Updated on 13 November 2024 à 17h39

Reading time: 3 minutes

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
Add to reading list Remove from reading list
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The news is all about a crisis. Everything from decreased buying power to fears of a second wave of a virus. 60% of Chinese property companies reported a turnover fall from 30% to 70% in the 1st quarter of 2020. No improvement is expected for the 2nd quarter, according to the China Chain Store & Franchise Association. In luxury malls, some stores have yet to re-open. A spokesperson for a LVMH Group’s brand said Chinese store traffic remains very low. Food buying is far from normal levels. “When

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