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Key Trends 2020: A New Decade Of Possibilities
READY TO GO? 2020 ALREADY? BIGGEST SURPRISES OF LAST DECADE # 1 Protests are the new brunches # 2 Access Over Ownership – Sharing Economy # 3 Look East for Innovation # 4 Static to Paid Streaming Content # 5 We need to educate our consumers on Sustainability You would like to kick off next decade on the right […]
Road to Leadership in the Data & Analytics World
In this edit, we will look at key findings of the latest Mckinsey survey (Sep 2019) with global leaders across industries on how data and analytics are impacting them and their industries and what should companies be doing to distance themselves from the competition. It is a great coincidence to see both the podcast and the Mckinsey research talking about […]
Science Of BEING WRONG LESS: Way To Extraordinary
“I take the position that I’m always to some degree wrong, and the aspiration is to be less wrong” – Elon Musk The difference between great brands and retailers and the good ones often is the “less wrong”, the great ones do. It is comparable to the champions in tennis who make less unforced errors. In tennis, an unforced […]
Four Key Actions To Thrive In An Economic Downturn
I’ve heard there’s going to be a recession. I’ve decided not to participate. Walt Disney We are witnessing a lot of discussions, around Brexit in the UK, China’s economic slowdown, Germany’s recessionary trend, drop in India’s economic outcomes, to name a few. International Monetary Fund’s (IMF) chief Kristalina Georgieva recently said, “Global economy must be ready for […]
Bhutan: Inspiring the world of Retail on Sustainability
The government shall ensure that, in order to conserve the country’s natural resources and to prevent degradation of the ecosystem, a minimum of 60% of Bhutan’s total land shall be maintained under forest cover for all time. As I started to research for this edit, what made me write about Bhutan is the inspiring TED video by […]
Localise Assortment Or Lose: A Live Store Concept
With inherent risks in fashion business, considering lead times and constant change in demand patterns, it is not enough to forecast the trends better (design and make the right products), order the right quantities (predict the demand of unseen products) but also send them to the right stores in right quantities and at the right time. In the case of online […]
Internet Trends 2019: China Setting a World Stage
The internet is still very young – we don’t even know what it can do. What we have known before is probably just a beginning. When the internet can connect people’s brains, which is the most difficult part, it will be the beginning of a real internet. Wang Jian, Chief of Technology, Alibaba Group courtesy: scmpThis […]
How To Make Your Company/Brand RECESSION-RESILIENT?
I’ve heard there’s going to be a recession. I’ve decided not to participate. Walt Disney courtesy: Getty Images In this edit, we look at global perspectives on a potential recessionary trend, what any fashion & lifestyle brand/company can do to be resilient in these times. You can not get motivated more by seeing news headlines […]
You probably don’t know your REAL top sellers: Here is Why
“human beings have a strong dramatic instinct toward binary thinking, a basic urge to divide things into two distinct groups, with nothing but an empty gap in between. We love to dichotomize. Good versus bad. Heroes versus villains. My country versus the rest. Dividing the world into two distinct sides is simple and intuitive, and […]
Fashion’s Moneyball Moment: How Analytics can be your Competitive Advantage?
The Math Works. Over the course of a season, there is some predictability to baseball. When you play 162 games, you eliminate a lot of random outcomes. There is so much data that you can predict: individual players’ performances and also the odds that certain strategies will pay off. Billy Beane, Ex-General Manager – Oakland […]
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