Retailers and vendors in today’s retail market face the unenviable challenge of reducing costs and maintaining margins, despite falling overall sales and slow-to-recover consumer demand. One of the areas in which retailers are pushing back onto vendors is inventory management, which for vendors too often translates into retail partners that reduce overall inventories and require… Read more »
Jun. 21, 2021
What is LVMH clueing into that we could learn from?
Louis Vuitton-owner LVMH says the future of retail is in-store Whether you take it as a foreboding insight or a position requiring a grain of salt, their research shows that Brick & Mortar is still king… for the foreseeable future, anyway. According to the chief financial officer at LVMH, Jean Jacques Guiony, the consumer still... Read more »