2024 JULY ISSUE
MARKET INTELLIGENCE
SHORT READ
| PART 3
Contents:
Inditex is Investing in Its Logistic
Ferrari is Venturing into High-End Fashion
Mytheresa is the Last Luxury E-Commerce Standing
Luxury Brand are Shopping Prime Retail Spots
Retailing 2.0
European Smaller Brands Have Landed in the US
Some Luxury Brands that are in Doldrums
Shein’s Stock Listing in London Stock Exchange
Golden Goose is Looking for IPO
Chanel is Looking for a New Creative Director
Lululemon is Waiting to Take Off Again
Turnaround of Marks & Spencer
Uniqlo’s Operation in China
Hainan Island – A Duty Free Mecca
Written by Andrew Sia
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From the Desk of the Publisher
This is our third report in our July issue. The reports are all surrounding the latest news about the brands and in this post-pandemic period the market is still full of challenges, but what is also opportunities behind.
I would like to emphasize the Retailing 2.0 which brings out the spirit and the stores and the e-commerce are now running back-to-back. Then the turnaround of M&S has been successful this time. They have their twelve consecutive quarterly growth. And I like to write about Uniqlo who started in Japan when the country’s economy was in doldrum due to the severe deflation.
It was in the early 1990s when I visited Osaka and saw for the first time their shop. The Japanese were queuing around the block to enter into the shop. Later I learned that the Japanese addressed this period as “Japan’s Lost Decade.”
I hope that the articles are inspiring and can help you to strategize your business.
I would like to give the words of intelligence as the takeaway for you, “The harder the journey, the bigger the lessons, and the greater the rewards.”
