Ever since Michael Kors’ Capri Holdings announced the acquisition of Italian-luxury brand Versace, comparisons with 164-year old international fashion powerhouse LVMH have run rampant. My colleague Pam Danziger and I have been baffled because in our… Read More
Ever since Salesforce.com CEO Marc Benioff declared that “Loyalty is dead,” in a November 2017 interview with Mad Money’s Jim Cramer, business leaders have been wringing their hands. But listen beyond the attention-getting soundbite, and… Read More
What’s behind all the empty storefronts in New York City? Faith Hope Consolo, head of retail leasing for Douglas Elliman Real Estate, told the New York Times, “When you walk the streets, you see vacancies… Read More
People are born curious. It’s in our DNA. Actually, there is a curiosity gene. Researchers postulate that humans are driven to explore new things and pursue new experiences because it floods our brains with dopamine,… Read More
I recently visited an upscale store in NYC early mid-morning as I began a shopping trip that would take me to a number of different stores. I chose this store because it was located in… Read More
Let’s face it: Grocery shopping is a pain. It takes valuable time that could be used more productively elsewhere. It is such a hassle that by the time you are done doing it, there is… Read More
Walmart, the world’s largest retailer, is aggressively disrupting its established business seeking to establish a foundation for a future that puts no limits on the customers that it serves or the ways it serves them.… Read More
Look at any list of the most powerful advertising messages of all times and the 1948 De Beers-N.W. Ayers slogan “A Diamond Is Forever” is at the top. While many claim the line made the… Read More
Honesty, trustworthiness and confidence that promises made are promises kept: these are the qualities we look for in our partners, our friends, the people we hire and those we vote for. These are the same… Read More
Fast fashion is the darling of the fashion retail today. Whereas women’s clothing store sales have declined 2.7 percent from 2016-2017 in the U.S., a recent report from Hitwise shows the fast fashion market has… Read More
