April 13, 2017The BHS closure has boosted supermarket brands such as Asda’s GeorgePrimark and Asda’s George lead the £10 billion sector; Internet pure plays are growing very rapidlyUltra-fast-fashion offerings from e-commerce players have injected new vigor into the value marketLondon (April, 2017)—A resurgence in apparel sales at grocery stores and a boom in revenues at […]
The death of the department store and Amazon's strength in fashion, footwear and accessories are exaggerated, writes Managing Director Deborah Weinswig March 23, 2017NEW YORK (March 23, 2017) – While off-price and e-commerce remain the major growth channels in U.S. apparel retailing, department stores are still among the most popular destinations for womenswear shoppers, says […]
"Retail technology's leading lady" to bring fashion, technology and retail expertise to the Hong Kong trading office of French online family fashion retailer Kiabi March 21, 2017NEW YORK (March 20, 2017) — Deborah Weinswig, Managing Director of international think tank Fung Global Retail & Technology, has been named to the Board of Directors of International […]
For a retailer to succeed, it also needs to have the right product. And while technology can help deliver a dose of excitement in stores, it should also take some of the friction out of shopping, Deborah Weinswig, managing director of Fung Global Retail & Technology, told CNBC.
Other data supports the idea that ecommerce sales are no longer growing at the sky-high rates that once characterized China’s online economy. Based on January 2017 forecast data from Fung Global Retail and Technology, the share of sales captured by retail and consumer-to-consumer (C2C) ecommerce in China will start to plateau after this year. While that share is expected to reach 21% in 2017, it will increase by only 4 percentage points over the following three years, hitting 25% in 2020.
"Innovation is not solely about technology. It can be what you do inside the box."