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Retail Spending in 2018 to Continue to Splinter as Consumers “Do It Their Way,” says FGRT Report
NEW YORK (January 11, 2018) – More than ever before, spoiled shoppers will want more, want it their way and want it now in 2018. That desire should further splinter consumer spending and favor retailers with strong identities, as well… Continue Reading
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Vend Names Deborah Weinswig a “Top Retail Influencer for 2018”
NEW YORK (December 19, 2017) - The honors keep coming in for Deborah Weinswig, Managing Director of global think tank FGRT (formerly Fung Global Retail & Technology). The retail analyst and startup advisor has been named the No. 2 retail influencer… Continue Reading
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LinkedIn Names Deborah Weinswig a “Top Voice 2017: Retail”
NEW YORK (December 14, 2017) - Deborah Weinswig, Managing Director of global think tank FGRT (formerly Fung Global Retail & Technology) and an award-winning retail analyst, has been named a "Top Voice 2017: Retail" by LinkedIn, the global business- and… Continue Reading
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NEW YORK (November 30, 2017) - Retail technology visionary Deborah Weinswig will join global leaders in business, politics and technology in offering their visions of the future at the prestigious Fortune Global Forum, being held December 6-8, 2017, at the Shangri-La Hotel in… Continue Reading
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Positive Employment and Confidence Stats to Boost U.S. Holiday Sales, Says New FGRT Report
NEW YORK (November 15, 2017) - With unemployment at its lowest rate in 17 years, consumer sentiment up four points over 2016 levels, and one extra shopping day between Thanksgiving and Christmas this year, global think tank FGRT (Fung Global Retail… Continue Reading
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NEW YORK (November 10, 2017) - Singles' Day, held on November 11, is China's most popular and the world's biggest shopping event in terms of gross merchandise volume, surpassing all brick-and-mortar promotions. Despite logistical challenges experienced in 2016, this year's event… Continue Reading
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Differentiation Will Be Key to the Reinvigoration of the Mall, Says FGRT Report Series
NEW YORK (September 6, 2017) – With department stores struggling, specialty store closing and retail bankruptcies on the rise, the traditional regional mall format must be reconceived, reconfigured and diversified to appeal to consumers, who continue to support physical retail,… Continue Reading
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FGRT, Urban Land Institute to Collaborate to Preview Retail Real Estate’s Future
NEW YORK (August 28, 2017) - As part of a wide-ranging initiative to showcase the future of retail real estate, encourage greater integration of technology in shopping centers and increase outreach in the Asia Pacific, global think tank FGRT (Fung… Continue Reading
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Amazon to Be the Top Destination for U.S. Holiday Shoppers, Says FGRT Preview
NEW YORK (August 28, 2017) - Expect an Amazon-dominated holiday retail season among U.S. consumers, as the e-commerce giant will be the top destination for shoppers, says "How the US Shops: Where Consumers Will Be Shopping This Holiday Season-and Why," the first in… Continue Reading
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Chinese Overseas Tourism Continues to Grow Even as Demographics Shift
NEW YORK (August 17, 2017) - The number of Chinese tourists traveling overseas, especially residents of lower-tier cities in China continues to grow and drive retail spending globally, with the number expected to reach 192 million and spending to hit… Continue Reading
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Back-to-School Sales to Shift to Value Retailers in the U.S. and U.K., Says FGRT
NEW YORK (August 10, 2017) - Discount and value retailers will gain market share among back-to-school shoppers in both the U.S. and U.K., with both nations seeing healthy year-over-year increases, say the first two in a series of reports on… Continue Reading
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More than a Chinese Amazon, Alibaba Ecosystem is Primed for Global Growth, Says FGRT Report
NEW YORK (August 9, 2017) - Now the largest e-commerce company in the world with $430 billion in gross merchandise volume (GMV), Alibaba is seeking to become a global company as well with a goal of serving more than 2… Continue Reading
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Warehouse Clubs Must Embrace E-Commerce, Adapt to Changing Demographics
NEW YORK (June 12, 2017) – E-commerce, which has been compelling traditional retailers to rethink their strategies, must now become a factor in the warehouse club sector as it adapts to changing demographics and growing competition, says “Deep Dive: Warehouse Club Stores-Time to Take the Treasure Hunt Online Part Three,” the conclusion of a series of reports from global think tank Fung Global Retail & Technology. Continue Reading
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NEW YORK (June 6, 2017) - Despite a 27 percent year-over-year increase in worldwide revenues in 2016, the bulk of dominant e-tailer Amazon.com's profitability ironically does not derive from the direct sales of its goods to consumers. Instead, a growing contribution from its cloud computing subsidiary is driving profitability, even as revenues from third-party sellers now exceed sales made by the company directly, says "Deep Dive: Amazon in 20 Charts-the Rise and Rise of the E-Commerce Giant," a new report from global think tank Fung Global Retail & Technology. Continue Reading
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NEW YORK (May 8, 2017) - The month of May thus far offers a mix of positive and negative retail news, as 2017's announced store closings are nearly twice that of the same period last year, while announced openings are… Continue Reading
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Join Deborah Weinswig, Managing Director of Fung Global Retail & Technology, and leaders from the worlds of fashion, technology and finance at the latest edition of Fung Global Retail & Technology's "Breakfast with the Disruptors" Series, Featuring Fashion Tech Companies, sponsored by Avery Dennison, a global leader in creative, sustainable and intelligent labeling solutions for the retail apparel market Continue Reading
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London (April, 2017)—A resurgence in apparel sales at grocery stores and a boom in revenues at online-only retailers are driving growth in the value clothing sector, according to a new report from retail think tank, Fung Global Retail & Technology. The value clothing market was worth nearly £10 billion by the end of 2016, equivalent to around one-quarter of the total UK apparel market, and it continues to grow in 2017. Continue Reading
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NEW YORK (March 23, 2017) - While off-price and e-commerce remain the major growth channels in U.S. apparel retailing, department stores are still among the most popular destinations for womenswear shoppers, says "Deep Dive: Retail Revolution-US Apparel Shifts in 20… Continue Reading
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NEW YORK (March 20, 2017) — Deborah Weinswig, Managing Director of international think tank Fung Global Retail & Technology, has been named to the Board of Directors of International Trading Fashion & Apparel Supply (ITFAS), the Hong Kong trading office… Continue Reading
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NEW YORK (March 8, 2017) - Fifteen retail and e-commerce entrepreneurs will have the chance to become stars at the Startup Pitch session to be held at Shoptalk 2017 at the Aria hotel in Las Vegas on March 19. The… Continue Reading
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Apparel Re-Sale Market to Grow, Shake Out, Says New Fung Global Retail & Technology Report
NEW YORK (February 27, 2017) - The expansion of "re-commerce," online fashion resale sites, has been a major growth story, with sales expected to total $25 billion by 2025. But expect a shakeout as individual sites must compete for inventory… Continue Reading
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WHAT: Cocktails with The Disruptors at P1VOT @ PROJECT WHEN: Tuesday, February 21, 2017 4:30 P.M. - 5:30… Continue Reading
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NEW YORK (February 2, 2017) – Deborah Weinswig, Managing Director of international think tank Fung Global Retail & Technology, has been ranked No. 4 in New Zealand-based point-of-sale software company Vend’s “Top 50 Retail Influencers for 2017.” Weinswig was cited with… Continue Reading
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WHAT: Breakfast with The Disruptors at PROJECT New York WHEN: Wednesday, January 25, 2017 8:00 a.m. to 9:00 a.m. Eastern WHERE: Cafe MRket Jacob K. Javits Center 655… Continue Reading
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NEW YORK (January 17, 2017) – From supply chain to purchase delivery, digitalization will continue to remake the entire retail experience this year, and this theme dominates the “17 Retail Trends for 2017,” a new report released by Fung Global… Continue Reading
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Cross-Border E-Commerce to Skyrocket in China
NEW YORK (December 5, 2016) - Looking for quality and affordability, increasingly affluent and sophisticated Chinese shoppers are seeking products from overseas, and international retailers are finding that cross-border e-commerce (CBEC) will be the most efficient platform to reach them,… Continue Reading
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Fung Global Retail & Technology, Prosper To Issue Amazon Analyses
Columbus, Ohio and New York - Prosper Insights & Analytics™, a leading provider of business intelligence solutions, and international think tank Fung Global Retail & Technology announced today that they have expanded their strategic alliance to include a co-branded Amazon… Continue Reading
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Downsizing and Decluttering Will Remake Retail, Says New Fung Global Retail & Technology Report
NEW YORK - The new consumer mantra of "when in doubt, toss it out," will have long-term ramifications for retailers as housing-pressured shoppers around the world buy fewer, higher quality items to save space, says "Decluttering: Anatomy of a Consumer… Continue Reading
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HONG KONG - Even as most of the Americas and Western Europe are already deep into the holiday sales season, another shopping event is taking place today that could have major ramifications for global retail. This year, China's Singles' Day… Continue Reading
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“The Mall Is Not Dead,” But It Must Evolve, Says New Fung Global Retail & Technology Report
NEW YORK - Reports of the death of the regional mall are greatly exaggerated. Heading into the all-important holiday selling season soon upon us, the format is evolving to encompass multiple uses amid changes in both the retail landscape and… Continue Reading
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NEW YORK - Lower unemployment, wage gains and more affordable food and fuel prices should make for a healthy U.S. holiday shopping season, with year-over-year sales increasing 3 percent to 4 percent, predicts "US Holiday Outlook 2016: Prospects for a… Continue Reading
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NEW YORK - Women's apparel retailers have long lamented that shoppers are reluctant to pay full price - and they're right. On average, shoppers across all womenswear categories were willing to pay an average of just 76 percent of full… Continue Reading
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One Belt, One Road Equals Multinational Opportunity, Says New Fung Global Retail & Technology Report
NEW YORK – Lower transit costs, greater access to emerging economies and higher demand for consumer goods: The One Belt One Road initiative could have some distinct benefits for Western multinational corporations, according to “Deep Dive: One Belt One Road-Impact… Continue Reading
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WHAT: The Changing Retail Landscape Keynote Speech Foresight 2016 WHEN: Thursday, October 27, 2016 9:45 a.m. to 10:30 a.m. Eastern WHERE: Dream Hotel Downtown 355 West 16th Street New York, NY 10011 RSVP: Here. INFO: Deborah Weinswig,… Continue Reading
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Fung Global Retail & Technology Forms Alliance with Plug and Play Tech Center
NEW YORK - Think tank and innovation advisor Fung Global Retail & Technology has formed an alliance with Plug and Play Tech Center that will help the former source and introduce new and innovative technologies related to retail and fashion,… Continue Reading
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NEW YORK - Having grown up with social media and assuming instant access to almost all things digital, from music to video to information, today's image-savvy teens and tweens want it all - and they want it now as they… Continue Reading
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Fung Global Retail & Technology Debuts New Website, FungGlobalRetailTech.com
As part of its recent spinoff and renaming to better reflect its role as a global think tank focusing on the intersection of retail, technology and fashion, Fung Global Retail & Technology has introduced a new website, http://www.FungGlobalRetailTech.com, announced Deborah Weinswig,… Continue Reading
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Silver Shoppers to Remake Retail Formats, Says New Fung Global Retail & Technology Report
NEW YORK - Look for more, but smaller, neighborhood stores, an increase in local delivery trucks and changing store layouts as retailers accommodate aging populations, says "The Silver Series IV: Retail Reconfiguration for Seniors." The report is the latest in… Continue Reading
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NEW YORK - Fung Global Retail & Technology's "Breakfast with the Disruptors" series is heading to Las Vegas, as "Retail Technology's Leading Lady" Deborah Weinswig hosts major retailers and industry observers in a panel discussion, Monday, August 15, 2016, at the… Continue Reading
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LONDON (July 26, 2016) –Europe soon could be looking at the exit of cash from day-to-day transactions as smartphone technology supports digital money, says “Mobile Payments: Supporting Europe’s Move to a Cashless Society,” a just-released report from Fung Global Retail… Continue Reading
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NEW YORK - "Retail Technology's Leading Lady," Deborah Weinswig, will moderate a panel of major retailers, brands and technology mavens in the latest session of Fung Global Retail & Technology's "Breakfast with The Disruptors" series, to be held Monday, July 18… Continue Reading
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NEW YORK (PRWEB) JULY 13, 2016 -- The latest technology isn’t just for the young – new applications and hardware are helping seniors to remain active and safe, age in place, and maintain and create new social connections, says “The Silver… Continue Reading
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Get Ready for Wearables 2.0, Says New Fung Global Retail & Technology Report
NEW YORK (July 7, 2016) - Forget smartphones - look for smart shirts and more as sales will soar for the next generation of wearable technology due to the development of new segments, the merging of others, and greater integration with the… Continue Reading
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NEW YORK (June 6, 2016) - The evolution of shopping and technology, and how retailers are adapting, will be the focus of "Retail Technology's Leading Lady" Deborah Weinswig's keynote speech at "The Future of Retail: It Ain't What It Used to Be,"… Continue Reading
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NEW YORK (June 6, 2016) - "Retail Technology's Leading Lady" Deborah Weinswig, Managing Director of Fung Global Retail & Technology, will offer her unique perspective and advice for science-driven entrepreneurs when she speaks on "Compete to Succeed: Investing in Women-Led Startups" at the… Continue Reading
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NEW YORK (May 24, 2016) - From the "me generation" to the "silver generation": The developed world's population is getting older while remaining surprisingly affluent, presenting unprecedented opportunities for retailers, says "The Silver Wave: Understanding the Aging Consumer," a new report from Fung… Continue Reading
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Fung Global Retail & Tech’s Weinswig To Emcee Startup Pitch Session at Shoptalk, Wednesday, May 18
NEW YORK (April 18, 2016) - "Retail Technology's Leading Lady" Deborah Weinswig will play another role - emcee - at the Startup Pitch Contest for promising new e-commerce solutions at Shoptalk, the leading conference and exhibition for next generation commerce,… Continue Reading
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Deborah Weinswig Talks “From Wall Street to Main Street”at Global Retailing Conference, April 14th
NEW YORK (March 24, 2016) - "Retail Technology's Leading Lady" Deborah Weinswig will offer her unique perspective on the effects of the global economy on local retail when she discusses "From Wall Street to Main Street," on Thursday, April 14th… Continue Reading
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Deborah Weinswig Honored by Asia Retail Congress
NEW YORK (February 25, 2016) - "Retail Technology's Leading Lady" Deborah Weinswig, Managing Director, Fung Global Retail & Technology was one of seven retail professionals honored with Retail Leadership Award on the first day of the Asia Retail Congress, held February… Continue Reading
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NEW YORK (January 18, 2016) - A new collaboration between Fung Business Intelligence Centre-Global Retail & Technology and JDA Software debuted this week at the National Retail Federation's Big Show in New York City. FBIC Executive Director-Head of Global Retail… Continue Reading
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FBIC’s Weinswig Named One of Top Retail Influencers for 2016
NEW YORK (January 12, 2016) - Leading Lady of Retail Technology Deborah Weinswig, Executive Director-Head of Global Retail & Technology at Fung Business Intelligence Centre (FBIC), has been named one of retail's top 50 influencers by New Zealand-based point-of-sale software… Continue Reading
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Leading Lady of Retail Technology Deborah Weinswig will present her unique perspectives on the evolution of commerce - and the good that evolution can achieve - in a trio of speeches at events centered around the National Retail Federation's BIG… Continue Reading
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Holiday Shoppers Demand Free, Rapid Delivery, Taxing System, says FBIC Report
NEW YORK (December 23, 2015) - As online shopping continues to grow faster than brick-and-mortar and as the holiday shopping season comes to a close, it's clear that shoppers don't just want their items fast, they want them NOW and… Continue Reading
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Holiday 2015 Sales to Rise 3 Percent to 4 Percent, says FBIC
NEW YORK (October 20, 2015) - With a cold, dry December in the forecast, one more selling day than last year and new tech and toys on the shelves, retailers should expect a happy holiday 2015 selling season, with combined… Continue Reading
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PRESS RELEASE Contact: Natalie Norton, Media Relations natalie@shoptalk.com (646) 207-7215 Serial Entrepreneurs Anil Aggarwal, Jonathan Weiner and Don Kingsborough—Founders of Ventures such as Money20/20, TxVia and Blackhawk Network—Launch Shoptalk, the Leading Tech Event for NextGen Commerce… Continue Reading
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Global Chinese Travellers: The Next Great Retail Market
GLOBAL CHINESE TRAVELERS: THE NEXT GREAT RETAIL MARKET Retail spend from overseas Chinese visitors will double to US$422 billion by 2020, says Fung Business Intelligence Centre Global Retail & Technology report NEW YORK (September 22, 2015) - Retailers, revise your… Continue Reading
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FBIC’s Weinswig To Discuss Wearable Tech At NACDS Total Store Expo
For Immediate Release FBIC'S WEINSWIG TO DISCUSS WEARABLE TECH AT NACDS TOTAL STORE EXPO AUGUST 24th Executive Director and Head of Global Retail & Technology to offer insight at "Collision of Digital Health, The Consumer and Wearables" session… Continue Reading
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FBIC’s Weinswig Named To U.S. Advisory Board Of World Retail Congress
For Immediate Release FBIC'S WEINSWIG NAMED TO U.S. ADVISORY BOARD OF WORLD RETAIL CONGRESS Executive Director and Head of Global Retail & Technology joins industry luminaries in shaping world's largest gathering of retail leaders NEW YORK (August 20,… Continue Reading
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FBIC’s Deborah Weinswig Named to Exec Board of Terry J. Lundgren Center for Retailing
For Immediate Release FBIC'S DEBORAH WEINSWIG NAMED TO EXEC BOARD OF TERRY J. LUNDGREN CENTER FOR RETAILING Executive Director and Head of Global Retail & Technology joins leading retailers in supporting University of Arizona program NEW YORK (June 29,… Continue Reading
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Creating “Experiences” Key To Department Store Survival, Says FBIC Report
For Immediate Release CREATING "EXPERIENCES" KEY TO DEPARTMENT STORE SURVIVAL, SAYS FBIC REPORT E-commerce, competition and sameness hurting the mid-level in mature markets, says Executive Director Deborah Weinswig NEW YORK (June 19, 2015) - It's all about the experience for… Continue Reading
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Disruptors Breakfast Photo Caption
For Immediate Release Previewing the Future: Peeks into retail's possible future were presented to a rapt invitation-only audience as Fung Business Intelligence Centre launched its Disruptors Breakfast Series in the United States at The Peacock in New York City, in… Continue Reading
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From Social Media To Social Commerce: Apps In China Lead Retail Revolution, Says FBIC report
For Immediate Release FROM SOCIAL MEDIA TO SOCIAL COMMERCE: APPS IN CHINA LEAD RETAIL REVOLUTION, SAYS FBIC Social apps that permit transactions will set standard for the world, says Executive Director Deborah Weinswig in new report NEW YORK (June… Continue Reading
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FBIC’s Weinswig To Discuss Retail And Personalization At Fashion Tech Forum Panel
For Immediate Release FBIC'S WEINSWIG TO DISCUSS RETAIL AND PERSONALIZATION AT FASHION TECH FORUM PANEL, JUNE 11 Executive Director and Head of Global Retail and Technology joins retail, fashion, academic luminaries in invitation-only event NEW YORK (June 8,… Continue Reading
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For Immediate Release RETAIL TECH VISIONARY DEBORAH WEINSWIG NAMED TO BOARD OF RETAIL ANALYTICS COUNCIL, NORTHWESTERN UNIVERSITY Fung Business Intelligence Centre's Executive Director- Head of Global Retail & Technology joins innovation leaders to advise on studies of the… Continue Reading
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For Immediate Release THE BEAUTY REVOLUTION: THERE'S AN APP FOR THAT Fung Business Intelligence Centre Executive Director Deborah Weinswig shares top 15 technologies advancing beauty industry in new report NEW YORK (May 19, 2015) - Smartphones, apps… Continue Reading
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Global Beauty Sales Look At “Massive Growth,” Says Fung Business Intelligence Centre Report
For Immediate Release GLOBAL BEAUTY SALES LOOK AT "MASSIVE GROWTH," SAYS FUNG BUSINESS INTELLIGENCE CENTRE REPORT Emerging markets and technology will bring opportunity, consolidation to fragmented industry, notes Executive Director Deborah Weinswig NEW YORK (May 5, 2015)… Continue Reading
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Weinswig To Discuss Retail, Real Estate, Tech At Urban Land Institute Hong Kong Panel
For Immediate Release WEINSWIG TO DISCUSS RETAIL, REAL ESTATE, TECH AT URBAN LAND INSTITUTE HONG KONG PANEL, APRIL 15 FBIC Group Executive Director and Head of Global Retail and Technology Deborah Weinswig will speak, join panel from 5:30… Continue Reading
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Transit Stations: The New Mall? Fung Business Intelligence Centre Report
For Immediate Release TRANSIT STATIONS: THE NEW MALL? FUNG BUSINESS INTELLIGENCE CENTRE REPORT UK retailers are opening new locations near rail stations and airports, setting a precedent for the rest of the world, according to FBIC report NEW… Continue Reading
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Technology To Disrupt, Revitalize Retail, Says Fung Business Intelligence Centre Report
For Immediate Release TECHNOLOGY TO DISRUPT, REVITALIZE RETAIL, SAYS FUNG BUSINESS INTELLIGENCE CENTRE REPORT Sensors, apps, cloud storage and more can create competitive advantages for retailers, says Executive Director Deborah Weinswig NEW YORK (April 1, 2015) - "The marriage of… Continue Reading
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For Immediate Release FUNG BUSINESS INTELLIGENCE CENTRE GLOBAL RETAIL & TECHNOLOGY LAUNCHES GLOBAL RESEARCH WEBSITE WWW.FBICGROUP.COM "This repository creates a worldwide conversation among the research community," says Executive Director Deborah Weinswig HONG KONG and NEW YORK (March 23,… Continue Reading
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U.S. Retailers Missing “A Booming Opportunity,” Says Fung Business Intelligence Centre Report
U.S. RETAILERS MISSING "A BOOMING OPPORTUNITY" Americans over 50 are healthier, more affluent than previous generations, yet remain underserved, says Fung Business Intelligence Centre's Deborah Weinswig in new report NEW YORK (March 16, 2015) - Retailers in the… Continue Reading
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HONG KONG, May 9, 2014 /PRNewswire/ -- The Fung Business Intelligence Centre, the research arm of the Hong Kong-based multinational Fung Group whose publicly-listed and privately-held businesses span the entire global supply chain for consumer products, has announced the appointment of… Continue Reading