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 Consultants predicted a return to domestic manufacturing.  Media headlines eagerly predicted the rapid decline of Asian sourcing, overtaken by automated factories closer to home. When adidas (Germany) opened their “Speedfactories” in Germany (2016) and the US (2017) the goal was to decentralize production in order to get products to consumers faster.  This was seen as an important first step in both automation and re-shoring. At one time, the two factories h...

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 The combination of function, sustainability, and fashion are the essential blend of attributes needed to drive peak sales today. Successful single attribute products that are few and far between.  Today’s consumer wants not only multi-functional products, they want them to have multiple attributes as well. Function remains important, but is fast becoming a given rather than an extra.  Most garments boast moisture management and stretch.  A growing number clai...

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In a move that looked surprisingly similar to U.S. President Donald Trump’s ‘America First’ stance when he pulled out of what was to be the Trans Pacific Partnership (TPP), Indian Prime Minister Narendra Modi chose to keep ‘India First’ by opting out of the RCEP trade agreement.

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Digital natives are looking for opportunities to have real experiences. The down turn in foot traffic and sales at physical retail has been blamed on consumers who, allegedly, prefer to shop online.   However a new study shows that this is more of a handy explanation for poor retail sales, than a truthful assessment of consumer preferences. “We have seen decades of diminishing experiences in brick and mortar stores, and the differences identified in these results p...

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 Singles Day (Nov 11) is expected to draw 100 million new shoppers via mobile devices.  According to Alibaba, greater data analysis is helping major platforms and key brands identify the ‘right product for the right consumer’.  The leading e-commerce platforms have also started to drill down and are now encouraging brands to develop special products that target specific demographics. Young consumers from rural or suburban areas are a demographic group that is pois...

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 How Giordano is building sales in markets most other retailers would never consider. While most brands are still keenly focused on traditional markets, Giordano continues to see an opportunity in developing emerging markets.  The forward thinking brand has a tradition of seeing opportunity that competitors often overlook.  That could prove to be a key success strategy, as major markets like the US, Western Europe, Japan, and even China face slowing growth.  At the same ...

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The growth in e-commerce has pushed online brands and suppliers to find more flexible ways to manage inventory and meet demand for more customized products. The growth in online footwear and apparel brands that offer customers the option to customize a product has been at the core of this movement.

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 Anticipating a challenging holiday season, retailers are looking to gain a competitive advantage by being first to the market.  This year Walmart has taken the lead position.  The retail giant launched its Early Deals Drop on Oct 25, five weeks ahead of Black Friday (Nov 29). Bargains focus mainly on electronics, which has historically been the top performing category for most online platforms.  However fashion is part of the mix, with deals ranging from  15-20% discoun...

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 While the UK is counting down the days to a possible Brexit, in China all eyes are following Alibaba’s lead up to this year’s Single’s Day.  The November 11 online shopping festival, already the biggest in the world in terms of revenue generated on a single day, aims to beat the $30.8 billion in gross merchandise sales generated on T-mall and Taobao last year. Behind the headlines, more analysts are questioning whether purchases made during mega shopping festiva...

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The newest approach to resolving trade tensions between the US and China is break negotiations down into 'phases'.

 

 

 

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