As more shoppers buy online and more consumers join social networks, online conversations about brands and retailers are growing in number and importance. Peer-to-peer advice and reviews offered by customers on retail websites such as Amazon are changing the nature… Continue Reading
On March 17th, we had the pleasure of hosting five startups from the XRC Labs innovation accelerator, and one finalist from the SXSW 2015 Accelerator at a Disruptors Breakfast at the Li & Fung Hive in New York. More than 60 guests… Continue Reading
This week, the Fung Global Retail & Technology team attended panel discussions, met leaders from several startups and saw interesting products on display at the Interactive segment of the 2016 South by Southwest (SXSW) festival in Austin, Texas. The festival… Continue Reading
In 2015, consumers aged 65+ accounted for around $7 trillion or approximately 17% of the total worldwide consumer spending. In 2030, seniors will account for around $15 trillion or approximately 23.5% of the total global consumer spending. In this blog… Continue Reading
(Image: Paintbrush – Flickr – Alan Cleaver) Do It Yourself Is Losing Out to Do It For Me The housing market in the US looks set for a strong run. Annual household formation is forecast to be well above 1 million,… Continue Reading
Shopping is about to become more interesting and fun as retailers add experiences and new technologies to the mix. We spend a lot of time studying and analyzing the data on shopper behavior, and it is clear that consumers are… Continue Reading
Retail is Undergoing a Major Transformation If you spend enough time looking at data and studying shopper behavior, the fashion apparel business along with traditional retailing is undergoing a major transformation: Consumers are consuming, but it is not the same… Continue Reading
Millennials are disrupting industries across the board. Millennials, those aged 18 to 34, now make up over a quarter of the US population. As consumers, they are highly adept at using technology and very active social media users. They are… Continue Reading