The New iPhones Are Here: Should You Buy the 8 Now, or Wait for the X in November?

Iphone 8 Photo

This week, Apple launched not one long-anticipated new iPhone—but two—whose specifications fell generally in line with rumors and industry watchers’ expectations. There is such a large number of partners and suppliers involved in the creation of any new generation of… Continue Reading

Amazon Pushes Further into Fashion in Europe

Stuttgart, Germany - September 23, 2012: Woman receiving a parcel by Amazon.com delivered by the mailman in front of her flat on September 23, 2012 in Stuttgart, Germany. Amazon.com is delivering thousands of parcels every day to German households.

Amazon Pushes Further into Fashion in Europe This week, Amazon officially launched its first fashion private label that is designed in Europe specifically for European shoppers. The Find brand launched with a flurry of press coverage as well as an… Continue Reading

Is Europe Ripe for an Off-Price Boom?

This summer saw the opening of what is only the second major off-price chain in Europe. Hudson’s Bay Company brought its Saks Off 5th off-price format to Europe in June, with the opening of its inaugural store in Düsseldorf. It… Continue Reading

Facial Recognition: Coming Soon to a Smartphone Near You

Source: istockphoto.com

Facial recognition has long been the stuff of science fiction, with books and movies including scenes of facial or retinal scans being used to identify entrants to sensitive military complexes. The technology has also been used for certain niche purposes… Continue Reading

The Magic Returned to Las Vegas Again This August

This week, the FGRT team attended the August Magic trade show, held every year in Las Vegas, Nevada. The show is produced by UBM, a UK-based event organizer that puts on more than 300 events per year. Magic is held… Continue Reading

Amazon: The Sleeping Dragon in Private Label

Colorful painting of Sleepy dragon.

Amazon is much more than a household name, given that more than half of US households already have an Amazon Prime membership, according to Cowen and Company estimates. However, Amazon’s emerging private-label brands have not yet achieved widespread name recognition,… Continue Reading

Walmart and JD.com Strengthen Partnership and Launch New 8/8 Shopping Festival

The past week brought news that Walmart and JD.com, China’s largest e-commerce company by revenue, are expanding the strategic partnership they formed last year. One element of this is the launch of a new shopping event—the JD-Walmart 8/8 omnichannel shopping… Continue Reading

Amazon Is Playing Its Part in Changing the Back-to-School Shopping Season

high-angle shot of a rustic wooden table with some pencils and markers and a chalkboard with the text back to school written in it, with a filter effect

Economic conditions look good for back-to-school spending this year—unemployment is low, consumer confidence is at a 16-year high, housing prices have risen and gas prices remain low—leading to healthy forecasts for shopping this season. Fung Global Retail & Technology expects… Continue Reading

Reviewing WeChat, a Communication, Connection and Commerce Ecosystem with Almost a Billion Users

Shenzhen, China - December 30 2013: Emergence of Chinese Social Media and the rise of WeChat from Tencent in competing with Facebook.

We recently attended the Rise 2017 Conference in Hong Kong, which is one of the largest technology conferences in Asia. The event featured a talk by Stephen Wang from Tencent, which owns the WeChat mobile app. Wang gave an overview… Continue Reading

Prime Day’s Importance Lies in Driving Reconsideration, Not Just Sales

Hagerstown, MD, USA - May 29, 2015: Image of an Amazon packages. Amazon is an online company and is the largest retailer in the world.

This week saw Amazon offer up its third annual Prime Day—a feast of special offers available exclusively to Amazon Prime members. By the time this is published, many readers will have seen a slew of statistics on the sales values… Continue Reading