Is the metaverse the latest creative frontier? That was what the Creative Review asked recently. Retailers should, in my opinion, be asking the same: Is
The coming travel recovery is not just a chance to rebuild the travel retail market – it is an opportunity to reimagine it. As many
Lunar New Year is here. In the past this has been a huge shopping event for travel retail, but even in our strange new world
I spoke early in this crisis about why I thought closing up completely was an error as we must ensure there is an industry to come back to. While governments and officials have largely and correctly enforced closures around the world, the moments of recovery we are seeing show that the luxury sector will be at the heart of our new growth.
Our sector of the market has been hit hard and will continue to feel the effects of this current crisis, with estimations suggesting it could cost the fashion and luxury market $600 billion in sales. But that is the same reality facing everyone. The numbers differ according to the size of your business, but the key thing is that everyone pulls together now and as we one day look to rebuild our market.
To attempt to sit-out the storm created by Coronavirus is to ignore one of the key aspects of our market, namely that the money we invest today is to benefit the medium and long-term future of our business.
