Why is there never an easy way to get a reliable view of my brand’s merchandise? Precious resources are spent managing datasets from our ERP, POS, e-commerce, and warehouse systems with little success in gaining visibility. For example, our fall/winter 2020 and spring/summer 2021 collections are in the warehouse, but…

A beauty retail update — So, how is beauty doing lately and during/after lock-down? For starters, revenues are down as a result of the retail lock-down. Also, some other very public dark spots in relation to the pandemic and social justice have come to the fore. For example, L’Oréal is taking a fairly hard-lined approach…

At XY, we keep our digital arsenal light and strategically stockpiled. Comprised of Spaces, Connect, and OmniPOS, brands on XY have a single environment to track item-level inventory sell-through rates, the ability to generate and share sales flash reports, and, close their books in three clicks for financial reporting purposes. …

The Hampton’s has traditionally been the summer getaway destination for NYC’s rich and famous. But since the pandemic began in late February, many Hampton’s homeowners living in the city have left Manhattan for the Hampton’s to wait for the pandemic to end. …

Exploring some of the benefits of Augmented Reality’s integration into the retail business — By now you’ve heard of the growth of Augmented Reality (AR) technology generally. And you’ve likely learned of major AR company acquisitions, such as Oculus by Facebook, and perhaps one more recently, North focals by Google. But how has AR impacted retail lately? In fashion, and especially in light of…

the Post-Pandemic snapshot of the Luxury Goods market GROWTH While luxury goods make virtually no appearance in the NRF’s annual ranking of retailers, the luxury industry has been booming for the last 20 years, tripling globally over that period according to Bain research. In the same report by Bain just a…

In NRF’s Top 50 global retailers, where do luxury goods fit in? Last year’s cover story of the NRF’s Stores features its annual industry ranking research and presents the Top 50 Global Retailers. But the study does not account for the luxury goods as a market segment. …

Revisiting the profit debate — Growth > Profitability How important is profitability to achieve unicorn status? Not very, apparently. Trends over the last several years indicate that profitability is not necessary to reach unicorn status, or to go public for that matter. In fact, Morgan Stanley essentially provides a proof for why growth is more important than profitability…

Generation Z is expected to reach 2.56 billion individuals globally by 2020. Within the US, Gen Z will reach 84.7 million by 2020, making up 24.7% of the American population. Gen Z is the third-largest age group in the US, lagging behind Millennials and Gen X in terms of total…