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Retail rush to digital exposes big gaps in strategy and vision new survey reveals

Retail Focus

79% point to big gaps between digital strategy and what can actually be achieved (significantly higher than the study’s overall cross-industry figure of 64%). 67% think that their organisation lacks a clear digital strategy. Leon Gauhman, co-founder and chief strategy & product officer of digital product consultancy Elsewhen.

Strategy 239
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Modibodi was a pioneer in period underwear. Can it reinvent itself for Gen Z?

Inside Retail

If not entirely mainstream today, period underwear and other leakproof apparel are certainly more common than they were 10 years ago, so it’s not surprising that brands are starting to rethink how they advertise these products, too. The business is also ramping up its retail distribution strategy. Thankfully, times have changed.

Apparel 264
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How fashion turned the tennis court into a runway

Inside Retail

Players as brand ambassadors Unlike other major sports, such as football or basketball, brands aren’t restricted to team colours, logos and dress codes when they dress tennis players. Louis Vuitton dressed Osaka for the 2021 Met Gala, and she sat in the front row at the brand’s 2022 spring/summer fashion show.

Fashion 246
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Walmart’s futuristic vision: AI shopping, drone deliveries and green energy

Inside Retail

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. An emission-free future As of 2022, Walmart has been powering 47 per cent of its operations with renewable energy.

Shopping 262
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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

In a call with analysts on March 12, Zwillinger stated that the company plans to close between 10 and 15 underperforming US stores in 2024, about a third of its total number. million in 2022, or 56 per cent of total revenue. From Warby Parker, Allbirds and others; the CEO touts the new cash to fund capex and store expansion.

Planning 130
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How Coupang, the Amazon of Korea, turned a profit 18 months after listing

Inside Retail

It took Amazon seven years to turn a profit, so the unexpected foray of its Korean look-alike, Coupang , into the black just 18 months after it became a public company came as a pleasant surprise to investors: the company’s stock price immediately rose by more than 10 per cent. Top line slows, bottom line fattens.

Line 147
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3 Trends That Will Positively Impact Retail in 2022

VMS

But on the plus side, let’s look at three major innovative trends that appear ready to help retailers find new ways to connect with customers in 2022. We have found that brands with $10 million and above in revenue are best suited to make the investment.”. The concept may also expand to other physical locations. “We

Apparel 122