Money—it’s top-of-mind for any aspiring entrepreneur. No matter how much you’ve put aside or how confident you are about reaching your sales goals, you’ll never feel you have enough money. Without a doubt, it’s scary to step out into the unknown, leaving the security and comfort of a job and career and putting your standard […]
Archive | 2023
Consumer Worries: Why the second half of the year could be rough for retailers
Yahoo! Finance asked me about what the second half of the year holds for retailers…and it doesn’t look good. Get the story with James H. Gellert, Rapid Ratings. Click Here
How Crate & Barrel Is Prepared For The Drop In Home Furnishing Demand
Everyone in the home market knew this day was coming. After furniture and home furnishings retailers enjoyed a nearly 20% two-year growth spurt from $120.3 billion in 2019 to $140.6 billion in 2021, things were destined to change. Retailers held onto their gains in 2022, even boosted them to $141.3 billion, but now the tide […]
Aspirational Consumers Pull Back, Driving Down Luxury Leaders’ U.S. Sales
The leading global luxury brands showed topline gains for the first half of the year, despite a drop in sales in the U.S., where aspirational consumers are stretched thin and have cut back on indulgent purchases. In most recent reporting, all but Kering showed outstanding topline gains – LVMH was up 15% to $46.5 billion […]
RH Next Steps: Prospects For RH England, Aynho Park, Memberships, Contemporary and More
RH got off to a rough start in 2023, but two new surveys among U.K. designers and HNW affluent consumers in U.S. and U.K. show green shoots for the company.