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The 'Queen of Shops' on how to fix Australian retail

In her series "I think we will see much better retailing than we have seen in the past 20 years because of it," she said. "Only the really good players are the ones who will be out there." http://fashionshopdbks.buzzlatest.com Take Amazon, which Portas said has revolutionised the retail business model but is failing consumers on one major point. "What it isn't delivering is something that’s emotional, social, fun, that’s exciting, that’s about knowledge – and that’s where the gap is," she said. Enter brands such as British cycling mecca Rapha and Australian luxury sneaker store Sneakerboy. Portas highlights these as two examples of brands that are blitzing the "feeling" criterion of successful retail, which creates the emotional pull to make people want to shop with them. "Shopping not buying. One is transactional, one is emotional. We want stuff that socially connects with us," she said. But for every disruptor there's a legacy retailer run by "middle-aged bores trying to second guess" that has failed to adapt, said Portas.

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