When Luxurys Brand Ambassadors Become Adversaries

When Luxury’s Brand Ambassadors Become Adversaries

The luxury industry has traditionally positioned employees as brand ambassadors. But employees cannot convincingly represent a brand they can’t relate to or no longer believe in. When career stagnation, poor management, unfairness, or exhaustion erode that belief, the same employees who once enthusiastically and convincingly communicated the brand’s values can become its most credible critics.

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Petco The Robin Report Retail Miss of the Week 9. 12. 26

Petco: The Robin Report Retail Miss of the Week, 9. 12. 26

Apparently, the marketing and promotion planning folks at Petco never studied their retail history about programs that went terribly wrong or they would have never created a loyalty program that resulted in a loss of millions of dollars of sales due to “customer point redemption volumes (that) far exceeded our initial projections.”

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Dont Count Shein Out Yet

Don’t Count Shein Out, Yet

The business world thinks Shein’s recent Hong Kong IPO —which valued the Chinese ecommerce fashion giant at only a quarter of its 2022 high—is a sign of the company’s downfall. While Shein probably should have listed in Hong Kong years earlier, observers are wrong to see Shein’s stock market debut as a failure; more likely it is a new beginning.

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