In the News: 7 retail execs envision the future of stores, millennials still prefer spending on experiences, and more
IN THE NEWS
Coming off a year that set records for bankruptcies and store closures, the message at Future Stores Miami last week was clear: Retail isn’t dead, mediocre retail is dead. During the intimate, three-day conference, this phrase was repeated many times over by executives eagerly trying to breathe new life into traditional brick-and-mortar retail.
Millennials are growing up and spending more, but those with luxury leanings still seem to prefer a dinner out than a new handbag. That’s at least what RBC Capital Markets found in a recent survey of 500 U.S. Millennials between the ages of 18 and 35.
Gender imbalance at energy firms and industry events is slowing transition to greener power, claims expert The lack of women in energy companies is holding back the sector’s efforts to tackle climate change, a leading industry watcher has warned.
Bryanboy was feeling reflective. It was a cold, gray afternoon, and the fire in the drawing room of the Greenwich Hotel was cozy and warm. He ordered some tea and was touched by the smiling waitress who brought him a plate of cookies; whether or not he’d eat them was beside the point.
When we think of what makes a model a ‘super,’ it’s not only the ability to win fans, but also to turn the runway into a global stage on which they represent the best of what’s to come. Whereas getting on the catwalk was once the entire point, now, it marks the beginning of something more.
HONG KONG — China’s luxury spending jumped by a fifth in 2017 as rising incomes and the spread of convenient payment technologies pushed younger shoppers toward the high end. Mainland shoppers shelled out an estimated 142 billion yuan ($22.5 billion) for luxury goods in 2017, according to American consultancy Bain & Co., for the highest growth rate since 2011.
Research shows drones can deliver certain items faster and with less environmental impact than trucks – but there are drawbacks Drones invoke varying perceptions, from fun gadget to fly in the park to deadly military weapons. In the future, they may even be viewed as a handy tool in the battle to fight climate change.
Over the weekend, I wrote about Andrew Yang, a former tech executive who has decided to run for president in 2020 as a Democrat on a “beware the robots” platform. He thinks that with innovations like self-driving cars and grocery stores without cashiers just around the corner, we’re about to move into a frightening new era of mass unemployment and social unrest.
POSITIVE LUXURY BRANDS IN THE PRESS
A luxury jeweller with an unmatched heritage, House of Garrard is responsible for creating some of the Royal family’s most treasured pieces – from Queen Victoria’s beautiful sapphire brooch to the Duchess of Cambridge’s cluster engagement ring.
News design : “Fashion Month” — the name given to the seasonal ready-to-wear womenswear shows taking over the catwalks of New York, London, Milan and Paris — is upon us, and the street style circuit is about to explode. (#945242)
A limited-edition chocolate bar that is made from the beans of ancient cacao trees in Ecuador and sells for $385 may very well be the world’s most expensive chocolate bar. “We make chocolate with the oldest and the rarest variety of cacao on earth,” Jerry Toth, co-founder of To’ak, an Ecuadorian chocolate company, told FOX Business.
Not all cleansing oils are created equal. But these ones are the real deal. Despite being around for years and years, cleansing oils are experiencing a sudden surge in popularity. According to Pinterest, saves for cleansing oil have gone up a staggering 555% in the past 12 months alone.
Christina castle dagny Founded in January 2017, Dagny creates ethical womenswear in a factory owned and operated by women in Romania. It uses surplus fabrics from defunct mills or other brands, or eco-friendly materials such as Tencel. Dagny’s clothes feature bold colours and playful prints, and are currently sold exclusively through its website, where dresses retail at £275.
by Joel Porter Song Saa, a luxurious private island resort in Cambodia, operates with a strict “no shoes” policy. From the moment you step off the speed boat that takes guests from the mainland to the island (a trip that takes about 30 minutes), shoes are cast aside and the rest of the journey includes barefoot walks on sandy paths and across smooth wooden boardwalks that jut out over the ocean.
POSITIVE LUXURY AS SEEN IN…
From toptable.com, Europe’s largest online restaurant booking website sold to Opentable.com in 2010 to one of the numerous start-ups she is currently involved in, Karen Hanton is an entrepreneur with experience spanning over two decades. We caught up with her ahead of our Inspiring Entrepreneurs: Internet Icons event to find…