Articles by Angela Gonzalez-Rodriguez
Democratization: Fashion Weeks’ secret to offset 600 million pandemic loss
Oct 3, 2022 - Business
The global fashion industry faces a bumpy road ahead. Not only they have to figure out their own logistics conundrums but to reinvent the supply chain, re-connect with consumers and make up for double-digit decline in revenues. At a global level, the fashion industry posted a 20 percent decline in revenues in the 2019–20 period, with margins for...
From policy abuse to friendly fraud: Retailers face billions in revenue loss
Jan 29, 2022 - Business
As consumers and brands alike settle into the new ways of commerce, businesses have been facing a rising volume of fraudulent activities. From account takeover to policy abuse, to chargeback and friendly fraud, retailers are looking for ways to mitigate different types of fraud costing them billions in revenue annually. Whenever a customer asks...
Ralph Lauren’s approach to brand equity, Gen Z, and the metaverse
Jan 21, 2022 - Business
Over the past months, Ralph Lauren has taken the lead as a trailblazer into new digital markets. From dressing up Emojis to launching exclusive virtual experiences or debuting limited collections for Roblox and Zepeto avatar customers, the quintessential preppy fashion group is taking the metaverse by storm. “We are getting into a new space...
Three practical tips to reduce the impact of returns’ costs on retailers’ bottom line
Dec 30, 2021 - Business
Returns processor Optoro estimates that the cost of returns for retailers will be 59 percent higher than a year ago. Veteran retail executive shares some tips to keep these rising costs contained. This hike translates into a 17 dollars price increase for retailers per item to be processed for return (returned goods will cost retailers 33 dollars...
Supply chain attracted a fifth of retailers’ tech investments in 2021
Dec 30, 2021 - Business
More than 20 percent of the investments that have been made in the fashion and retail-tech space in 2021 have been in the supply chain, according to new research. Planning inventory flow, finding alternative suppliers and resilient transportation top the list. “We’re seeing, for example, that 23 percent of the investments that have been made in...
LVMH goes from strength to strength 200 years after Louis Vuitton’s birth
Dec 13, 2021 - Business
This year marks the 200th anniversary of the birth of Louis Vuitton, but also a point of inflexion for LVMH. The world’s largest luxury group has recorded 46 percent revenue growth in the first three quarters, delivered record first-half organic growth for its Fashion & Leather Goods division and pioneered the conquest of the future luxury...
Allbirds gains analysts’ confidence despite mixed Q3 results
Dec 1, 2021 - Business
Shares in sustainable shoemaker Allbirds fell in after-hours trading Tuesday after reporting mixed third-quarter earnings. Allbirds enjoyed a 33 percent year-on-year sales increase for the period although missed market’s expectations with its full-year sales outlook. The environmentally conscious footwear brand reported revenue of 62.7 million...
Increasing female purchasing power, a boon to the golf apparel market
Dec 1, 2021 - Business
As more women play golf and female purchasing power is growing globally, so are the sales of specialised apparel for this sport. The women’s segment is now bigger than any individual product category in golf, according to the ‘Purchasing Power of Women in Golf’ study released by Golf Datatech. “We estimate the total U.S. golf equipment business,...
Privalia puts it Brazilian subsidiary up for sale
Dec 1, 2021 - Business
Privalia has reportedly put its Brazil´s business up for sale. The company is one of the largest e-commerce platforms in the country and has reportedly gotten the attention of the Brazilian e-commerce heavy weights. Privalia is asking 1 billion reais (156.8 million euros) for the deal, about 16 times more than the Brazilian subsidiary´s Ebitda...
Executive changes at Inditex take the market by surprise and leave investors uneasy
Nov 30, 2021 - Business
Inditex, the world’s largest apparel retailer, took the market by surprise when it announced changes at the helm. The departure of Pablo Isla and his replacement with the group’s founder’s daughter, Marta Ortega, as well as new CEO’s appointment dragged the company’s shares and left investors uneasy. On Tuesday, Inditex became the value that...