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Cultural Relevance Is Key To Success In Marketing Luxury in China

Interview with Daniel Langer, Ph.D. and CEO of management consulting firm Equite, about the opportunities and pitfalls that luxury brands face marketing in China. He finds luxury strategies that work in the Western world don’t translate easily to China.

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Showfields Entrance

Showfields Combines Retail and Theater To Create an Immersive Shopping Experience

Perhaps New York City’s retail scene hasn’t seen anything as new and fresh as Showfields since the Story store opened on 10th Avenue back in 2011. The four-story Showfields is envisioned as an “immersive retail experience,” combining popup shops with art exhibitions, theatrical experiences, community events and food-drink hospitality. Showfields is positioned as “the most interesting store in […]

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New model retail metrics

A New Model of Retail Metrics: Getting the Numbers Right

As a market researcher, I have always been intrigued by what is known as the “observer effect,” whereby the mere observation of a phenomenon changes the phenomenon observed. I am keenly aware of it when I design a survey instrument. What’s measured takes on the utmost importance, but when the wrong variables are measured, no […]

Beauty Business Trends

The Future of the Beauty Market Described in these Six Trends

Today the global beauty industry is a $532 billion business. The U.S. currently is the world’s largest beauty market, with about 20% share, followed by China (13%) and Japan (8%). While projections for growth vary, most agree it will continue to advance at a 5%-to-7% compound-annual-growth-rate to reach or exceed $800 billion by 2025. Even if the […]

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