Remove 2003 Remove Consumer Remove Marketing Remove Planning
article thumbnail

A Metaverse Action Prep Plan for Brands

Retail TouchPoints

A Metaverse Preparedness Action Plan. My recommendation is to get this plan done this year. According to a new article by CNBC , “Some experts say it may only take one or two killer apps for the metaverse to boost VR use from a mere 5% of teens to a big market.”. Craft your data plan. Have a measurement plan.

Planning 252
article thumbnail

Unpacking the “murky” data behind the luxury spending boom

Inside Retail

The fact that some people are splashing out on $3000 handbags in the face of a recession doesn’t surprise Philip Corne, a board member for Camilla and Solbari, who was CEO of Louis Vuitton Australia from 2003-2016. “I The story around ongoing consumer spend in the face of an ongoing cost-of-living crisis isn’t cut and dry.

Consumer 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What the bankruptcy of biotech darling Amyris means for the beauty industry

Inside Retail

However, beauty manufacturer New Laboratories CEO Rohan Widdison told Inside Retail , “A founder’s excitement doesn’t always lead to consumer engagement – all the money in the world won’t address the conceptual faults.”

Consumer 130
article thumbnail

Eataly set for global expansion after $300 million cash injection

Inside Retail

Investindustrial said its investment will allow Eataly to retire debt and maximise financial flexibility to fund Eataly’s global expansion plans. The family of the founder, Oscar Farinetti, and other shareholders will maintain the minority 48 per cent stake. This year it anticipates turning over around $450 million.

article thumbnail

Target Names First Chief Growth Officer, Announces Series of C-Level Promotions

Retail TouchPoints

Hennington joined Target in 2003, and was instrumental in modernizing the retailer’s merchandising organization by blending its physical and digital buying functions. After 15 years with the company, Stephanie Lundquist, Target’s former president of food and beverage, announced her plans to depart the organization earlier this year.

article thumbnail

FTC sues to block Kroger-Albertsons merger

Mass Relators

contending that consumers will see higher prices and workers will see lower wages if the deal goes through. This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years,” Henry Liu, Director of the FTC’s Bureau of Competition, said in a statement.

article thumbnail

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

Inside Retail

The business got its first big break in 2003, during the SARS outbreak, when Liu saw an opportunity to capitalise on the burgeoning e-commerce sector and began selling products online to customers who were eager to avoid public spaces. It’s a 20-year plan, which is likely to cover multiple economic cycles.