What a difference a year makes. Amazon recently eclipsed Walmart as the retailer with the highest apparel sales, and its growth doesn’t show signs of slowing down anytime soon. According to Wells Fargo, Amazon’s apparel and footwear sales in the […]
Walmart and Amazon Vie for Fashion Crown Read More »
That 2015 Balenciaga teddy bear faux fur coat that I decided against haunts me to this day. While the luxury resale market is expanding along with the rest of the category, that coat in my size is still hanging in
Brands Dip into Resales Read More »
I’m not quite sure where I want to go with this. I think we may wind up with many more questions than answers. However, one thing I am sure of is that we are living in crazy times, in many
SaksWorks and SPARC: Victims of Fatal Attractions Read More »
Leading in a Time of Ambiguity Living though a pandemic is shadowed by nearly constant uncertainty. We take three steps forward, two sideways and unfortunately, then three steps backwards. Innovators have been able to pivot and transform their business models
Leadership in an Evolving Pandemic Read More »
By now you’ve heard the news that leading luxury brands are bringing in cash hand over fist. LVMH, with its Louis Vuitton, Christian Dior, Fendi and newly acquired Tiffany brands, reported “record first half performance” with revenues up 56 percent
Luxury May Not Be the Success Story You Think Read More »
The metaverse is ascendant. The term, generated in science fiction and frequently applied to gaming platforms is trending in the commercial marketplace. Google searches for the buzzword have increased 100 percent since March 2021. The CEOs of Microsoft and Facebook
The Metaverse Reimagines Retail Read More »
On October 9, 2019, I wrote Forever 21: Cut Your Losses and Die Happily and predicted Forever 21’s demise, and why. And predictably, they slipped into bankruptcy. However, they found a life-support respirator, a collective called Authentic Brands Group, Simon
Forever 21: Third Try in China, Charmed or Strikeout? Read More »
Email marketing is dead. A full inbox causes stress and anxiety, and it doesn’t facilitate purchasing. This is especially true among next-gens, who prefer almost any other communication tool to inbox-centric dialogue. A 2020 study from consulting firm Creative Strategies found
Why Legacy Retailers Are Moving to TikTok and Other Video Tools Read More »
Despite the fact that Covid-19 and the Delta variant are still creeping around the nation, enough people have received vaccines that highly-vaccinated regions are “opening up” and “getting back” to pre-Covid life – mostly sans masks and social distancing. The
New Experiences and Stores Post-Covid Read More »
Even as many retail companies have been working to reimagine their physical stores with experiential elements ranging from in-store events and interactive displays to entertainment, a whole new wave of businesses are now starting up where the entertainment itself is
Immersive Retailing Is the Next Big Thing Read More »
