International Strategy
March 30, 2023 at 9:10 pm
During a keynote session earlier this week at Shoptalk in Las Vegas, Joanne Crevoiserat, CEO of Tapestry, parent of brands Coach, Kate Spade, and Stuart Weitzman, detailed the organization's strategy for strengthening its brands and winning over customers in a shifting retail landscape. Here are some highlights from Crevoiserat's interview with Sara Eisen, journalist at CNBC. On Marketing…
February 22, 2023 at 4:36 pm
E-commerce is fast becoming the lifeblood of the retail economy. In 2021, the e-commerce industry generated $5.2 trillion worldwide, with a 56 percent increase expected by 2026. With statistics like these, it's no surprise that e-commerce has become a driving force for businesses of all sizes. However, serious blind spots threaten that profitability. Entering the next…
January 30, 2023 at 9:52 am
2022 was in many ways a challenging year for retail, marked by economic fears and shifts in consumer sentiment. While there are signs that retail may be beginning to stabilize, with record sales being recorded during last year’s Black Friday, there are also clear indicators that shoppers’ behaviors are constantly shifting. The way consumers worldwide prefer to shop online is evolving. A…
January 26, 2023 at 1:51 pm
The e-commerce sector is bracing itself for a challenging year as global economic slowdown, inflation, and interest rate hikes are dampening consumer spending. At the same time, online marketplaces are increasingly competitive and it becomes more difficult to win sales. For example, in 2020, Amazon.com saw an average of 3,700 new sellers join daily. However,…
January 17, 2023 at 12:54 pm
More and more brands are recognizing the value of selling direct to consumer (D-to-C) across geographical borders rather than adding products to third-party marketplaces or other channels. Two apparel brands that have done this well are American Eagle Outfitters and Mango, whose executives spoke at the 2023 National Retail Federation Big Show Monday about the…
January 16, 2023 at 6:00 pm
The National Retail Federation (NRF) announced at its Big Show in New York City this week that it will launch an Asia-Pacific annual conference and exhibition in 2024. For the conference, the NRF is partnering with Paris-based event organizer Comexposium. The inaugural NRF 2024: Retail’s Big Show Asia Pacific will be held June 11–13, 2024, at the Sands…
January 10, 2023 at 6:47 pm
The COVID-19 pandemic was a world-changing event that has hugely impacted e-commerce. According to the International Trade Administration, it more than doubled regular forecasted global sales growth rates in both 2020 and 2021. Meanwhile, the U.S. Census Bureau's Annual Retail Trade Survey shows a 43 percent increase in e-commerce sales, from $571.2 billion in 2019 to $815.4 billion…
January 4, 2023 at 4:58 pm
In this episode of Total Retail Tech Insights, Editor-in-Chief Joe Keenan interviews Diane Wang, founder, chairperson, and CEO of DHGATE Group, one of the leading B2B cross-border e-commerce platforms in China. Listen in as Wang discusses the DHGATE and MyyShop businesses, as well as her professional background and career (1:00), and her insights on trends in…
November 14, 2022 at 9:32 am
Fashion e-commerce is on its way to becoming a $1 trillion industry by 2025. With an expected growth of this magnitude, businesses are progressively expanding to farther and wider markets, making localization practices all the more indispensable than ever before. In e-commerce, localization is the process of tailoring the content of an online business to match…
October 3, 2022 at 3:19 pm
In episode 369 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Rui Carlos Da Silva Araujo, senior vice president and managing director for LATAM at Levi Strauss & Co., one of the world's largest brand-name apparel companies and a global leader in jeanswear. Araujo discusses why Levi Strauss & Co. is investing in Latin America (0:54),…
