De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
Retail Prophet
Retail
How Private Equity Failed North America’s Oldest Retailer
Hudson’s Bay is the latest victim of a strategy that involves loads struggling retailers up with debt and cutting costs to the bone, with predictable results, argues Doug Stephens.
How Private Equity Failed North America’s Oldest Retailer
Hudson’s Bay is the latest victim of a strategy that involves loads struggling retailers up with debt and cutting costs to the bone, with predictable results, argues Doug Stephens.
Retail
Why Retailers Must Help Rebuild Society
We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens.
Why Retailers Must Help Rebuild Society
We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens.
Retail
Human Creativity Is Key to Winning the AI Revolution
Over the next decade, artificial intelligence will bring unprecedented cost savings to the retail sector. The era’s winners will be those that re-invest these savings in human imagination.
Human Creativity Is Key to Winning the AI Revolution
Over the next decade, artificial intelligence will bring unprecedented cost savings to the retail sector. The era’s winners will be those that re-invest these savings in human imagination.
Technology
The Metaverse Crash Is Exactly the Moment to Take the Metaverse Seriously
Many of the high-flying concepts and companies that led the charge into the metaverse and web3 have come crashing down to earth. Ironically, this makes it exactly the right time to take these visions of the future seriously, argues Doug Stephens.
The Metaverse Crash Is Exactly the Moment to Take the Metaverse Seriously
Many of the high-flying concepts and companies that led the charge into the metaverse and web3 have come crashing down to earth. Ironically, this makes it exactly the right time to take these visions of the future seriously, argues Doug Stephens.
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Retail
Navigating Retail’s New Era of Risk
In the post-Covid era, retailers who rethink their supply chains will lower their exposure to risk and unlock profound competitive advantage, argues Doug Stephens.
Navigating Retail’s New Era of Risk
In the post-Covid era, retailers who rethink their supply chains will lower their exposure to risk and unlock profound competitive advantage, argues Doug Stephens.
Retail
How Retail’s Bad Practices Weaken the West
While geopolitical events have disrupted retail, retail has also been a chief contributor to geopolitical disruption, writes Doug Stephens.
How Retail’s Bad Practices Weaken the West
While geopolitical events have disrupted retail, retail has also been a chief contributor to geopolitical disruption, writes Doug Stephens.
Retail
The Question No One Is Asking About the Metaverse
Is the metaverse good for the world? Retailers must bake environmental and social awareness into their strategies from the start, argues Doug Stephens.
The Question No One Is Asking About the Metaverse
Is the metaverse good for the world? Retailers must bake environmental and social awareness into their strategies from the start, argues Doug Stephens.
Retail
The Existential Question Facing Every Retailer Today
Retailers must create radical value, not just for consumers, but for brands.
The Existential Question Facing Every Retailer Today
Retailers must create radical value, not just for consumers, but for brands.
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Retail
The Metaverse Will Radically Change Retail
The coming of a collective, persistent, virtual reality will fundamentally transform how we live and shop, writes retail guru Doug Stephens.
The Metaverse Will Radically Change Retail
The coming of a collective, persistent, virtual reality will fundamentally transform how we live and shop, writes retail guru Doug Stephens.
Retail
In Retail, Discovery Is Dying
The unbundling of iTunes and the algorithmic echo chambers of Facebook have spilled into retail, robbing consumers of surprise and serendipity, but there is opportunity in this state of affairs, argues Doug Stephens.
In Retail, Discovery Is Dying
The unbundling of iTunes and the algorithmic echo chambers of Facebook have spilled into retail, robbing consumers of surprise and serendipity, but there is opportunity in this state of affairs, argues Doug Stephens.
Retail
Why Editorial Brands Will Dominate Retail’s ‘Long Tale’
Brands and retailers must create their own deep and sticky ecosystems of content, argues Doug Stephens.
Why Editorial Brands Will Dominate Retail’s ‘Long Tale’
Brands and retailers must create their own deep and sticky ecosystems of content, argues Doug Stephens.
Retail
You Can’t Predict the Future of Retail, but You Can Prepare for It
In an exclusive excerpt from his new book, ‘Resurrecting Retail: The Future of Business in a Post-Pandemic World,’ Doug Stephens outlines the common pitfalls to which business leaders fall victim when tasked with devising strategies for the future.
You Can’t Predict the Future of Retail, but You Can Prepare for It
In an exclusive excerpt from his new book, ‘Resurrecting Retail: The Future of Business in a Post-Pandemic World,’ Doug Stephens outlines the common pitfalls to which business leaders fall victim when tasked with devising strategies for the future.
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.