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Reasons To Be Cautious On Luxury (2)
Do you know how much a Rolex was in 2010? This is the second part of the report – RBC Luxury & Premium Brands. 5 reasons to be cautious on luxury. October 2023 – from RBC Capial Markets, with whom I have been collaborating for years, specially the UK Team led by Richard Chamberlain. This post talks about luxury… Read more
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Reasons To Be Cautious On Luxury (1)
I have always been interested in the luxury sector’s business model, but also from its social and psychological perspective. Here, we are not talking about buying objects with purely tangible functionality; we are talking about positioning, beauty, status, symbolism… RBC Capital Markets has been flagging for a number of months that the luxury cycle is… Read more
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Retail Zoom: Middle East
Despite the overall boost in e-commerce driven by Covid, retail companies are returning to a focus on growth based on physical stores. Thousands of unprofitable stores have been closed, and omnichannel capabilities have been optimized. New challenges are on the horizon, such as the economic impact in some areas of the world… Read more
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Sustainable Fashion case study: SHEIN. 2
Continuing with previous examples of sustainable initiatives, Shein established in 2021, a 629,150 sq. ft. Innovation Center, a destination for the research and development of new waste-saving and efficiency-optimizing technologies necessary for scaling among their supplier partners. Shein is moving forward with the circular economy and alliances. In 2022, Shein became a signatory of World… Read more
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Sustainable Fashion case study: SHEIN. 1
I hope you enjoyed the holidays! Vacations are a good time for reading, staying updated, or continuing our education. In my case, I wanted to recommend the Sustainable Fashion course organized by Copenhagen Business School. Taking advantage of the work done, I’m sharing a portion of my final essay about SHEIN sustainability strategy… In April… Read more
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Sourcing Trends: How suppliers are adapting to volatility
These are some notes from a zoom call organized this month by RBC Capital Markets with Reyhan Benzes, Board member of APS Textiles. Based in Turkey, APS is a leading manufacturer of woven apparels specializing in different variations of woven bottoms, mainly trousers, jackets, dresses and overcoats with overall sales volume exceeding 4million pieces annually… Read more