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Problem-Solving Innovation Powered Tommy John To Disrupt The Stale Men’s Underwear Business

Legendary management guru W. Edwards Deming famously said, “In God we trust. All others must bring data.” That’s particularly germane in these confounding times when the typically reliable data-driven economic indicators provide vastly different reads on the future. Instead, we need to turn to other indices to weigh the scales for our predictions. Such is […]

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Doug McMillon Walmart CEO

Walmart Continues Its Transformation Into A Technology Company

At this past June’s Walmart Associate and Shareholders Meeting, CEO Doug McMillon continually referred to Walmart as a “technology company.” That had many people scratching their heads saying, in effect, Walmart is not Microsoft, Google or Amazon, for heaven’s sake. MIT Technology Review asked, “Walmart wants us to believe it’s turning into a tech company?” Doubters need […]

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Luxury Brand Mergers And Acquisitions Ready To Multiply

The New York Times recently reported on “The Luxury Arms Race:  Michael Kors and Coach Target Takeovers.”  They wrote, “The global luxury market has long been dominated by three giants – LVMH Moët Hennessy Louis Vuitton, Kering and Richemont. Now, it has two hungry American players with which to contend.”  That is Coach and Michael Kors both of […]

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For Luxury Brands Innovation Is No Luxury, But Necessity

In the 2017 State of the Luxury Industry Study, luxury industry insiders told us that “Innovation Strategies” were a key priority for their companies in the coming year. Because of the rapidly changing consumer marketplace, innovating with new products, new services, new marketing strategies and new ways to engage with the affluent customers is key. In […]