Market share retail industry

Share to Twitter Share to Linkedin To say we are in uncharted territory is an understatement. We’ve been through Black Swan events before, but what seems different this time around is the high level of uncertainty that is still present several weeks into the pandemic in the U.S. (months globally). Normally at this juncture, we have a better understanding of what transpired and a clearer path forward. But for retail, the big question on everyone’s mind is, with as much as $20 billion in retail rents due , where do we go from here? I’ve been in this business for many years on both sides of the aisle and often tenants and landlords come to the negotiating table with differing viewpoints. But that mentality must be put aside for the industry to pull through this crisis. At the risk of waxing poetic – now, more than ever, is the time for landlords and retailers to come together if we are to have shopping centers and stores for quarantined-weary consumers to … [Read more...] about $20 Billion In Retail Rents Due: Why Collaboration Is The Only Way Forward

"It will be early to assume that the full impact of headwinds (that confront the global and Indian economy currently) are priced in," says Dhananjay Sinha, Managing Director and Head Strategist and Economist - Equity Research at JM Financial Institutional Securities. Gauging the markets using this monitor, JM Financial sees that 30-35 percent of the characteristics of past capitulation are visible as of now, leaving further scope for adjustments. Hence they expect commodity prices to correct further and crude would be the last to collapse, giving rise to a scenario of market capitulation. Thus, the markets may still be afar from a deep value situation, Sinha shares in an interview with Moneycontrol . Excerpts from the interview: Do you think the market fully priced in all these risk factors? Do you see any other risk that the market hasn't factored in yet? While it is true that the market now knows the various risks that confront the global and Indian economy, it will … [Read more...] about Daily Voice | More correction likely as these four risk factors not priced in yet, says Dhananjay Sinha of JM Financial

Share to Twitter Share to Linkedin Berns Communications Group recently created a panel of Gen Z consumers for brands to use for market research. The panel consists of young men and women who are juniors, seniors and some post-graduate students in universities across the U.S. I was given the opportunity to ask the panel any question I wanted so I asked about their lives as consumers and their views were surprising. I thought the brands and foods and popular people they like would coalesce around a small number of choices but what came back was something else. On most subjects the answers varied widely. To find the similarities between them, you had to dig deeper into their motivations. No two panel members had the same favorite fashion brand. But when asked what they liked about their favorite brands, aside from the fashion and style of the brand, they were in a similar value system: brands that understand their customers and focus on sustainability and … [Read more...] about What Gen Z Talks About When They Talk About Being Consumers

Share to Twitter Share to Linkedin One of the biggest challenges for any purpose-led brand pursuing game-changer status isn’t breeding a fanbase who ‘get it’ but selling a vital new narrative to the hardcore apathetic. For fashion, mired in climate crisis and battling the clock to cultivate a circular economy, retuning fans’ mindsets (America throws away and 2150 pieces of clothing every second and even people with positive eco intentions are loathe to sacrifice what they perceive as an identify-defining hobby ) is now mission imperative. Dutch fashion brand 1/OFF Paris, whose couturiers splice together or respectfully reinterpret iconic vintage garments to create ultra-covetable new pieces (think: a Levi’s denim jacket with Chanel’s quintessential ladies-who-lunch tweed; double layered jeans; or two oversized classic men’s blazers tailored into a freshly feminized silhouette) is doing just that. Selling to an audience including legions of the … [Read more...] about 1/OFF Paris: 400% Growth For The Upcycled Fashion Brand Taking Sustainability To Luxury’s Eco-Apathetic

Share to Twitter Share to Linkedin Madison Reed is doubling down on future growth in its salon and at-home hair color businesses which combined have had over 5 million customer interactions. The company, founded by current CEO, Amy Errett, has recently announced new executives to its board of directors along with internal management moves to further its mission of expanding Madison Reed’s access to more customers across the U.S. market. In an exclusive interview with Errett, it was clear that the company is on a mission to provide access to prestige beauty hair care for more people online, in salons and through its retail partners like Ulta Beauty ULTA . New board members provide experience and diversity Michael Dubin and Stephanie Davis Michelman will be added as board members and both come with heavy experience in scaling beauty businesses. Dublin is the founder and former CEO of Dollar Shave Club, driving the company to a $1 billion dollar acquisition … [Read more...] about Madison Reed Adds New Board Members As Business Grows

Share to Twitter Share to Linkedin Retailers might have thought they’d seen enough disruption these past two years to last a lifetime. If only this was the case. The industry must once again confront a new set of economic headwinds. From high inflation to eroding confidence to ongoing supply chain issues, pressure on the global economy is growing — and the effects are weighing heavily on both consumers and businesses. Consider the recent decline in consumer spending and sentiment. Retail sales have contracted since 2021, and consumer sentiment is down significantly, nearing levels we last saw at the time of the 2008 financial crisis. Clearly, inflationary pressures are a factor here. High and persistent inflation is eating into incomes and consumer purchasing power. Discretionary spending is pulling back as a result. However, Accenture’s ACN analysis indicates other dynamics are also in play. Take the fact that consumer spending on durable … [Read more...] about From Supply Crunch To Supply Glut: How To Navigate Uncertainty?

Share to Twitter Share to Linkedin Madison Reed, the prestige beauty brand that revolutionized the hair color industry, has raised $33 million in new financing led by Sandbridge Capital, with participation from Marcy Venture Partners. The company plans to further its omnichannel expansion of hair color bars and retail locations and continue its investments in product innovations. The company which was founded by its current CEO, Amy Errett in 2013, has grown its business portfolio from a direct-to-consumer brand to an expansive omnichannel powerhouse including continued direct-to-consumer sales, its own retail salon locations, and partnerships with retailers like Ulta Beauty ULTA . The Hair Color Bar locations have expanded to include over 60 nationwide. Madison Reed has interacted with more than 5 million customers since launching. Access to high-quality Smart 8-Free hair color In an interview with Errett, she discussed how Madison Reed’s goal is … [Read more...] about Madison Reed Secures $33 Million To Fund Its Omnichannel Expansion

Share to Twitter Share to Linkedin When it comes to sustainability and fashion, particularly the fast variety, it would be an understatement to say the industry has a few problems. First and foremost, fast fashion is the third biggest polluter globally , with textile production contributing more to climate change than international aviation and shipping combined . But there’s also the more shadowy and therefore dangerous misperception that the spending behemoth of Gen Z has been molded in a wholly Thunbergian image; despite a considerably raised bar of eco-intentions the infamous specter of the values-actions gap (the disparity between what people say they value/will do vs. what happens when it comes to the crunch) reveals a very different story. Zalando’s Reality Check Fuels Partnership Affirming this, in April this year German multinational e-commerce giant Zalando (45m active consumers, 23 markets and 4500 brands including 300 designer labels) … [Read more...] about Zalando Joins Forces With Save Your Wardrobe To Chase Net Positive Fashion Ambition

- A + A NEW YORK/BENGALURU (June 27): Wall Street's main indexes fell after opening higher on Monday, as a rally last week on easing concerns over inflation lost steam, with high-growth stocks leading declines. "We had a nice rally last week, so I think we're seeing a little bit of profit taking this morning," said Dennis Dick, a proprietary trader at Bright Trading LLC in Las Vegas. "The stocks that were up the most last week are the ones getting hit the hardest here today." The tech-heavy Nasdaq Composite index, which gained 7.5% last week, fell 0.7% to lead declines among the three major indexes. Investors were betting on the retreat in oil prices from the three-month highs hit in June to potentially ease inflationary pressures and likely push the Federal Reserve to moderate its aggressive policy tightening. However, data on Monday showed new orders for US-made capital goods and shipments increased solidly in May, pointing to sustained strength in business … [Read more...] about Wall Street sheds opening gains on losses in high-growth stocks

NEW YORK: U.S. stocks closed lower on Monday, with few catalysts to sway investor sentiment as they approach the half-way point of a year in which the equity markets have been slammed by heightened inflation worries and tightening Fed policy. The major U.S. stock indexes lost ground after oscillating earlier in the session, with weakness in interest rate sensitive megacaps such as Amazon.com AMZN.O , Microsoft Corp MSFT.O and Alphabet Inc GOOGL.O providing the heaviest drag. "The reason for lack of direction this week and next week is investors are looking for what’s going to happen in the second quarter reporting period," said Sam Stovall, chief investment strategist of CFRA Research in New York. All three indexes are on course to notch two straight quarterly declines for the first time since 2015. They also appear set to post losses for June, which would mark three consecutive down months for the tech-heavy Nasdaq, its longest losing streak since 2015. The S&P … [Read more...] about Wall Street ends down, pulled lower by growth stocks