Alessia Marchica

💡 What makes a luxury brand truly desirable in 2024? Recent report on luxury branding from Accenture #LuxeEternal makes a deep dive into this subject. A few points that I would keep on my radar: 🔖 It’s no longer just about exclusivity. To captivate today’s consumers, luxury brands must embrace a bold, future-focused strategy seeking genuine relevance to changing nature of brand desirability 🔖 Build a digital backbone of your brand that amplifies creativity and leverages data-driven insights for personalization of customer experiences 🔖 Champion sustainability where ethical practices, durable design, and transparent supply chains are non-negotiable 🔖  Select and hire talent based on the promise of your brand DNA   And how's your brand reshaping desirability for the future? #LuxeEternal #Accenture #LuxuryBranding #luxury #desirability

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Reading this full report from Association of Cycle Traders was interesting. The quote states ‘a staggering 69% of independent bike shops will resist the pre-Christmas discounting period, as rising operational costs and economic pressures continue to impact the industry’. I cannot challenge the second part of that quote – budget changes by the new government on small businesses are significant, the industry continues to be double digits down vs prior periods with limited signs of total market recovery. What I want to highlight is how retailers should use this period to cleanse stock, have the right brand/product mix in their stores and sell what is obsolete. I’ve spoken before about the use of % margin (& how I feel retailers should use £ instead) but lets throw another phrase out there; ‘obsolete stock NEVER gets anymore valuable’ The only time I have seen this happen was during a global pandemic. Understanding your stock holding, alongside its composition is ever increasingly important in a seasonal business where cash flow tends to be tight. It all leads back to data and the importance of it. Businesses must use this time wisely to reposition. The industry needs more tools to accurately show this to an independent retailer… The question is would independent retailers pay for it?

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Flos B&B Italia is an #ecosystem of iconic brands that share a common echos but each is fiercely independent 👏👏 Daniel Lalonde, the CEO of Flos B&B Italia Group, tells us why he’s bringing lessons from #highfashion and #luxury into the world of design. As more and more luxury brands are looking for expanding into high-end furniture design business to promote their unique #brandedlifestyle worldwide, sector #consolidation in the luxury furniture business will be one of the most important trends in the luxury space to be watched in the near and middle term! #luxurydesign #familybusiness

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From a channel perspective, the top-line development was driven by the company’s Direct-to-Consumer (DTC) business, which grew 20% on a currency-neutral basis during the quarter. Sales in adidas’ Own Retail stores increased 11%, reflecting strong double-digit growth across the company’s full-price concept store fleet. E-commerce revenues grew 34% in Q1. While the Yeezy sales contributed to this increase, the company’s revenues across its own digital platforms also increased at a double-digit rate, if adjusted for the Yeezy effect. This growth was driven by a strong double-digit increase in full-price sales as adidas continues to focus on reducing discounting activity and improving the overall business mix on its own online platforms.

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Nike Shox: the cylindrical pillars will forever be unique. There is no basis for comparison between the Shox and Samba as both are distinctively different. As a consumer, I would love to see new Innovation on the Shox. https://lnkd.in/gfMZGG88

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Several footwear brands experienced sales growth on StockX to start the year, however none fared better than ASICS, Timberland and Gucci. In its latest trend report, titled “Big Facts: Brands Making Moves,” StockX revealed the fastest-growing brands across its sneakers, shoes and more for the first half of 2024. The list was determined by global sales data from the first six months of 2024 (Jan. 1 to June 30) compared to the same period in 2023.

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Swiss sportswear brand ON reports Q3 net sales increased by 32.3 percent https://lnkd.in/d_kTgM7V (full article) #ONrunning #ONperformance #ON #Swiss #sportswear #sports #retail #retailing #financials #performance #business On

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The importance of proper footwear in sports cannot be overstated. Just as marathon runners, sprinters, and basketball players rely on specialized shoes for peak performance, fencers also deserve the same level of attention to their footwear. in a recent interview with Footwear News, the focus was on Azza Fencing shoes, shedding light on the essential role of well-designed footwear in fencing. The journey to creating these specialized shoes has been filled with challenges and dedication. However, fueled by passion and a strong fencing community, Azza has succeeded in developing performance footwear that allows every fencer to showcase their unique fencing style effectively. To read more about the innovations and insights behind Azza Fencing shoes, check out the full interview on Footwear News. Your fencing experience is about to get a significant boost with the right gear tailored to enhance your performance on the strip.

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Introducing Pi Footwear: Vision Meets Style Discover how our latest Pi collection transforms from minimalism to expressiveness, inspired by visionary leadership and the spirit of innovation. Swipe ➡️ to see the evolution! 🚀 1️⃣ Pi Minimalism - Begin with the essentials, inspired by the simplicity and directness of effective governance. Each design, like a policy for progress, is sleek and purpose-driven. 🌌 2️⃣ Pi Refinement - Just as leaders refine their strategies, we enhance our shoes with premium materials and subtle improvements, representing the continuous pursuit of excellence. 👞 3️⃣ Pi Expression - Bursting with vibrant innovation, this phase embraces the diverse and dynamic spirit of a progressive society, reflecting the cultural richness of the 1960s. 🎨 4️⃣ Pi Realism - Our crowning achievement: footwear that combines realism with luxury, embodying the aspirations of those who dare to lead and dream big. Every detail showcases the pinnacle of design ingenuity. 👠 🌍 Like the bold explorations of policy pioneers, Pi Footwear is more than a brand—it’s a movement towards a future where fashion intersects with political vision and innovation. Join us on this journey of transformative style. 🌟 #PiFootwear #VisionaryDesign #LeadershipInStyle #PoliticalAI #InnovationMeetsFashion

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I love the eyewear industry. Because of my love for it, I always want to change🫶✌️ From the ancient Greek period to the present 21st century, glasses have gone through the Middle Ages. In the 13th century, Italian scholar Roger Bacon invented the earliest glasses, which were used to correct myopia. With the development of contemporary science and technology, glasses are no longer just used to correct myopia. People have given glasses more missions. Fashionable frames can be used for decoration and enhance the image. Glasses can also have functions such as outdoor sun protection. Now with the development of science and technology, AR, VR glasses, simultaneous interpretation glasses, and 5G high-tech glasses used for medical clinical surgery are changing people's living habits. #industry #change #people #bluetooth #smart #glasses #Please #business #vision #vision #optician #Sunglasses #thanks #Distrubutor #fitness #fashion #innovation #optometry #outdoor #sports

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Vicenzaoro September - an Exhibition Leader in Europe for a Global Jewellery Supply Chain worth 725 Billion Euros The entire jewellery and contemporary watchmaking supply chain will be at Vicenzaoro September from 6th to 10th September at VICENZAORO - ITALIAN EXHIBITION GROUP. A supply chain that, on a global scale in 2023, generated revenues of approximately 725 billion euros (806 billion dollars), and that leading market analysts estimate will grow by a further 5% between now and 2030 driven by markets such as India and China.

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the WHOLE collection into one comprehensive guide, a must read BAKS Distribution

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In the ever-evolving retail landscape, bridging the gap between digital innovation and fashion has become crucial. As I read about Zero10's AR technologies, I think about my experience in the retail landscape, where innovation is the daily bread. Now, AR mirrors and digital storefronts are making shopping experiences feel like scenes from a sci-fi movie! It's thrilling to see how these technologies not only reinvent the shopping journey but also meet the high expectations of today’s consumers—something I've passionately pursued throughout my career. Whether online or in-store, today’s shoppers are in search of more than just products; they want memorable, engaging experiences. What strikes me most is the strategic use of AR to immediately engage customers and the potential of integrating generative AI to further personalize the shopping experience. This pivotal development ensures that brands don’t just stay relevant—they lead in a digital age. What are your thoughts on integrating such innovative technologies in retail? Have you encountered an AR shopping experience that stood out to you? Let’s discuss how these advances are reshaping consumer interactions! #AugmentedReality #RetailInnovation #FashionTech

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adidas has raised its guidance for the year once again after reporting better-than-expected preliminary results for the third quarter. According to the German athletic company, currency-neutral revenues increased 10 percent compared to the prior year. In euro terms, the company’s revenues grew 7 percent to 6.438 billion euros in the third quarter. Currency-neutral revenues minus Yeezy sales were were up 14 percent in the quarter.

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#LVMH kicked off the quarterly results season, more companies will follow in the coming days. I had the pleasure to comment the first results with Adolfo Valente on Class CNBC #LVMH reported a 2% decline, both overall and for the Fashion & Leather Goods business group, hence below the already low growth expectations for 2024 (low single digit). The Asia-Pacific region recorded the strongest decline, with the exception of Japan. China’s domestic economy is facing some near-term challenges along with a wave of national pride known as #Guochao, which can be seen in consumers’ preference for products that proudly incorporate Chinese colors, symbols and other elements of Chinese culture. These trends have shifted consumption patterns in China. On the other hand, India’s economy and consumer confidence are growing fast, paving the ground for interesting growth opportunities for luxury brands. Interpreting geographical trends is as important as engaging different age groups: by 2026, more than 75% of all luxury consumers will be #Millennial and #GenZ shoppers. For example, #Moncler invested a lot into growing its customer base and loyalty in new generations, thus laying the ground for structural growth, as confirmed by 2023 results (above market average). Regarding channels, while #ecommerce is stabilizing after the pandemic boom, brands are investing heavily into #retail as a tool to deliver experiences and customer engagement with the brand and its products. This is driving significant investments into real estate, like the recent example of #Kering in via Monte Napoleone, Milan. #fashion #moda #luxury #lusso

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Time for a new Season! Time is what shapes true craftsmanship. Our experiences mark beginnings and endings, measuring progress, learnings, and development. Our FW24 Collection is an exploration of this unifying concept, with a range of timeless pieces as well as brand-new innovation, meant for a life in the outdoors. A chronological journey starting from the wet and windy fall hikes, to the demanding ups and downs of backcountry skiing. And all those moments in between. https://lnkd.in/dzC5XT3z

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