The digital divide in the retail sector is becoming increasingly evident, separating brands that have successfully established comprehensive, integrated digital strategies from those that have not. The inability to leverage omnichannel, digital, and e-commerce strategies is a significant challenge for …
In the dynamic world of luxury branding, consolidation has become a hallmark trend. Just within the last month, we’ve seen Tapestry announce their acquisition of Capri Holdings to consolidate their foothold in the American market and scale better to increase …
What is Barbiecore, and why have luxury brands been paying attention?
This trend is all about embracing the bright pinks, pastels, and sparkles that are synonymous with the iconic doll. Barbiecore fashion is characterized by its playful, feminine, and often …
Digitally native virtual brands (DNVBs) and direct-to-consumer (DTC) brands are two business models that have emerged in the digital age. Both involve selling products directly to consumers without the use of traditional intermediaries such as wholesalers or brick-and-mortar retail stores. …
In response to evolving global conditions – including supply chain issues, inflation and the climate crisis – consumers are increasingly turning to resale luxury items, reports The Real Real in its 2022 Luxury Resale Report. Based on the data …
In the highly competitive world of luxury retail, staying ahead of the competition requires agility and scalability. This means being able to quickly and efficiently respond to new market opportunities and customer demands, while also maintaining a flexible, adaptable infrastructure …
As sensibilities change in favor of sustainability, the luxury retail market is struggling to catch up. The change means a fundamental shift in the industry that starts with the right leadership and infiltrates into marketing, materials curation, logistics, and more. …
Diversity, equity and inclusion (DEI) have become more important than ever in the retail space. According to McKinsey & Company, companies in the top quartile for gender diversity are 25% more likely to outperform the bottom quartile. For the …
Personalized clienteling services are a cornerstone of luxury retail, enabling brands to cultivate and maintain strong one-to-one relationships with their customers. As the retail landscape evolves, these services are becoming even more significant. Recently, Saks Fifth Avenue, the New York-based …
