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How Reebok’s head of marketing James Chan “confidently pushes the envelope”

Inside Retail

My journey with the brand started in late 2016, when I was the global social media manager for Reebok, managing the Reebok and then Reebokclassics social media accounts. IR: Can you discuss Reebok’s plans for growth in the Pacific region? IR: What are the brand’s plans for the future? The opportunities are endless.

Marketing 130
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Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

In 2016, JD.com formed a strategic alliance with Walmart, taking control of the latter’s online grocery business, Yihaodian, and giving Walmart a 5 per cent stake in JD. A nuanced perspective Xiaofeng Wang, a principal analyst at Forrester, described the roadmap as “courageous”, given how forward-looking it is.

Expansion 130
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Why Nike is putting used sneakers back on the shelf

Inside Retail

The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. According to ThredUp, a digital platform in the US that enables consumers to buy and sell secondhand clothing, the resale market grew 21 times faster than the retail market overall in 2016-2019, and is expected to be worth US$51 billion by 2023.

Fashion 264
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Can a smaller-format Whole Foods help Amazon win in the grocery market?

Inside Retail

Whole Foods plans to expand this model to additional locations in New York City, before eventually expanding it to other metropolitan cities across the country. To put that in perspective, Walmart has a 19 per cent share of the market whereas Krogers owns 9 per cent.

Marketing 130
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How teen Sofia Sacoor started an athleisure brand to support kids with diabetes

Inside Retail

The story so far Sacoor was diagnosed with Type 1 diabetes as an eight-year-old in 2016. Witnessing the financial challenges faced by many in managing this condition motivated me to take action. Speaking to Inside Retail , Sacoor shared her motivation behind the brand, and the profound mission driving this youthful endeavour.

Fashion 130
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How to solve Malaysia’s retail labour shortage: Tips from industry experts

Inside Retail

To put this in perspective, in 2016, Malaysia’s central bank estimated a living wage to be RM2,700 (US$594) for a single person. At the same time, he believes owners and managers of retail outlets have a strong reason to keep wages down to increase margins. They just want low prices.”.

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Tax Meets ESG: Shareholder Activism Expanding to Tax Transparency

Eye on ESG

Disclosure 207-2 provides guidelines for a company to disclose its tax risk management and overall compliance strategy. Disclosure 207-3 provides guidelines to disclose a description of the approach to stakeholder engagement and management of stakeholder concerns related to tax. Country-by-country reporting is nothing new to MNEs.