Amid a competitive beauty retail environment where an omnichannel approach is non-negotiable for many brands, major retailers like Sephora are experimenting with new loyalty perks to keep consumers shopping from their stores. At Sephora, those efforts include gamified rewards activities, extra points on select brands and an increasing emphasis on experiential activities.
Frasers Group acquired Harvey Nichols for approximately $54 million, but industry experts estimate that reviving the department store could require an investment of up to $270 million. Plus, Tapestry’s Coach-led growth, executive…