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What luxury retailers need to know to succeed in the year ahead

Inside Retail

With travel curtailed, home-bound, experience-starved consumers flocked to luxury shopping to lift their spirits and spend some of their discretionary funds accruing thanks to Covid-19 government assistance, stimulus checks, tax relief, suspended student debt payments and the pandemic-induced restrictions.

Jewelry 228
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It’s time to level up: What’s next for sustainability?

Inside Retail

It’s no secret that environmental, social and governance (ESG) expectations have increased exponentially. In KPMG’s 2021 Global CEO Outlook , ESG and corporate purpose were the top two issues among the 1,300 CEOs surveyed across 12 countries, including 50 from Australia. Need to review goals and priorities. Need to operationalise ESG.

Consumer 130
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Why sales of fine jewellery during Covid defied expectations

Inside Retail

With exciting overseas holidays and drinking and dining off the cards in the past year, some consumers are now indulging in other ways and spending their money on discretionary categories such as fine jewellery, which has seen a rise in sales during Covid. Other brands such as Helzberg Diamonds and Signet also have similar offerings.

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How Estée Lauder is Making Store Design Sustainable

Retail TouchPoints

Al Iannuzzi: Sustainability has long been part of our corporate strategy and company culture, and our new Responsible Store Design program is a creative and impactful way to showcase ELC’s sustainability commitments to both our employees and our consumers. RTP: Who is leading in developing and refining standards for the overall program?

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Dollar General promotes 18 executives

Mass Relators

Throughout her 12-year tenure at DG, Allen has led the Company’s strategy to attract and retain talent across her numerous HR roles, including organizational development, talent acquisition, corporate HR and retail HR. Elizabeth Inman Kelly Ma Elizabeth Inman has been promoted to vice president, assistant corporate secretary.

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10 Consumer Trends Shaping the Future of Retail

Retail TouchPoints

The report includes a look back at 2020 and what drove these shifts in behavior during a year when consumers spent more time online than ever before, as well as forward-looking projected areas of consumer engagement in 2021 and beyond. Lines have been drawn, and consumers are demanding that corporations take political sides. .

Consumer 326
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Rethinking supply chains: The Asia advantage

Inside Retail

Together, they contribute 13 per cent to global trade in 2020. They have 301 seaports, 612 airports, USD270 billion of foreign direct investment inflow in 2020. Its dominant sector is automotive, and the food and beverage category is a growing area. Hong Kong (SAR) China.

Apparel 130