'We were haemorrhaging money': Jewellery store owner revamped business amid pandemic

📆 30/04/2022 08:53:00
📰 thenewpaper

⏱ Reading Time:
25 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Ms Trixie Khong, 33, is the founder and chief executive of home-grown brand By Invite Only Jewellery. I remember feeling very excited when I opened my first physical store in Wisma Atria back in 2017, eight years after I started my online business. It was the culmination of...

The stress and uncertainty kept me awake at night.

Many stores started to close down. The malls became increasingly desperate and were more welcoming to local brands. We thought things couldn't get any worse and were betting on things picking up by the fourth quarter. Now all we needed to do was manage our cash flow. But Covid-19 had taught us to pivot and we changed our SOPs quickly. We held a mini sale of exclusive pieces and ran promos to attract crowds. We also allowed our staff to earn more by reducing our sales targets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How this jewellery store owner expanded her business amid pandemic despite loss of 'up to 6 figures a month'SINGAPORE - Ms Trixie Khong, 33, is the founder and chief executive of home-grown brand By Invite Only Jewellery. I remember feeling very excited when I opened my first physical store in Wisma Atria back in 2017, eight years after I started my online business. It was the culmination of everything I had worked for and I had so much...
Source: asiaonecom - 🏆 10. / 59 Read more »