Viewing entries tagged
retail

Arthur D. Little Appoints David Benichou To Drive Transformation In French Retail & Luxury Sectors

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Arthur D. Little Appoints David Benichou To Drive Transformation In French Retail & Luxury Sectors

Arthur D. Little announced the appointment of David Benichou as a Partner in its French Performance practice.

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US holiday retail sales growth to slow to 3% this year, says Bain report

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US holiday retail sales growth to slow to 3% this year, says Bain report

US retail sales growth is expected to slow to 3% this holiday season, according to Bain & Company’s annual US retail holiday forecast.

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Estee Lauder to buy fashion label Tom Ford in $2.8 billion deal

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Estee Lauder to buy fashion label Tom Ford in $2.8 billion deal

Estee Lauder Cos Inc (EL.N) said it agreed to buy U.S. fashion label Tom Ford for $2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner's portfolio.

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Founder of Luxxottica dies

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Founder of Luxxottica dies

Businessman Leonardo del Vecchio, who has died aged 87, created the glasses company that owns brands including Ray-Ban and used his billions to become one of the most influential figures in Italian finance

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Bricks-and-mortar retail bounces back in UAE

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Bricks-and-mortar retail bounces back in UAE

Bricks-and-mortar retail is bouncing back in the UAE with a bang post-pandemic with most consumers expressing a desire to return to in-store shopping, according to a study conducted by a leading international consulting firm.

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FTI Consulting Projects U.S. Online Retail Sales To Reach $865 Billion in 2021

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FTI Consulting Projects U.S. Online Retail Sales To Reach $865 Billion in 2021

With an improving economic outlook and accelerating growth of online shopping since the start of the COVID-19 pandemic, the Retail & Consumer Products practice at FTI Consulting, Inc. projects U.S. online retail sales will reach $865 billion in 2021

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Why should private equity firms invest in retail?

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Why should private equity firms invest in retail?

Private equity firms have been behind the buyouts of some of the most well-known names in the retail sector and invested huge sums of money to buy a retailer, take it private, turnaround the business only to sell it later at a profit.

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Future of jobs – Roles that might not exist by 2030

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Future of jobs – Roles that might not exist by 2030

These days, new technological advances happen all the time — and while some industries have flourished in the changing landscape, others have benefited from (some might say, fallen prey to) automation

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Accenture Swoops for Digital Transformation Consultancy

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Accenture Swoops for Digital Transformation Consultancy

A Leeds-based digital transformation consultancy has been snapped-up by acquisitive professional services giant Accenture.

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UK Consultancy Sector Expected To Grow By 9% In 2021

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UK Consultancy Sector Expected To Grow By 9% In 2021

Despite continuing restrictions due to COVID-19 and the repercussions of Brexit changes, growth of 9% is still expected in the management consultancy sector in 2021

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McKinsey On The Good News And The Bad News In Retail Wealth Management

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McKinsey On The Good News And The Bad News In Retail Wealth Management

The good news—wealth management firms have moved to asset management fees and away from transaction revenues—better aligning their services with client needs. The bad news—revenue tied to assets will be challenging in bear markets and the new Covid-19 world.

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Deloitte strategy experts: Cloud services bode big rewards for retail segment

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Deloitte strategy experts: Cloud services bode big rewards for retail segment

As of the third quarter of 2019, brick-and-mortar retailers accounted for 90% of all retail sales — so it's safe to say physical retail is very, very far from dead,.

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Record Black Friday drives Asos recovery after profit warnings

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Record Black Friday drives Asos recovery after profit warnings

The online fashion retailer Asos has staged a comeback after a difficult year in which it issued two profit warnings. It credited a record Black Friday for strong sales growth over the festive period.

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Ted Baker balance sheet error worse than feared as woes deepen

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Ted Baker balance sheet error worse than feared as woes deepen

The struggling fashion retailer Ted Baker has admitted that an accounting error was twice as big as initially thought, leaving it with a £58m hole in its balance sheet.

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Ted Baker appoints Deloitte to probe multi-million stock overstatement

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Ted Baker appoints Deloitte to probe multi-million stock overstatement

Troubled fashion retailer Ted Baker has drafted in investigators from Deloitte to probe an accounting mishap that saw it overstate the value of its stock by up to £25 million. Deloitte’s probe will run separately from a root-and-branch review of Ted Baker’s operations already being undertaken by fellow consultancy AlixPartners.

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5 Takeaways from McKinsey’s Digital Consumer Trends Report

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5 Takeaways from McKinsey’s Digital Consumer Trends Report

According to Dandan Cheng from Sinorbis, “China has both the largest internet population and the largest number of mobile internet users in the world.” Moreover, China is rapidly digitizing various industries and e-commerce is leading the way

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