Tiffany & Co reopens some stores: How will Jewelry Stores adapt over the Summer?

Looking online at jewelry is about all I have been able to do in this state of confusion and uncertainty about the retail environment. There is concern for all aspects of life currently, but I am focusing on the Retail Industry in this post. Even if you want to order online you probably get the notice of delayed shipping. The questions that I see again and again are: When will the stores reopen? When can things return to normal? What will be the new normal? Those answers will vary depending where you are, but we can get an idea of some of it for the retail world by looking at the news and stores that are reopening.

Stores Reopening

 I … Read the rest

Harvard Retail & Luxury Goods Conference: How Brands like Cartier are blending their Heritage with Data Analytics

Harvard Business School hosted the 12th Annual Retail and Luxury Goods Conference with a daylong event on February 21. Brands represented at the conference included Richemont, Baume & Mercier, Cartier, Marc Jacobs, Tory Burch and other retailers. The theme of the conference was Reinventing Retail. I attended the conference and felt that the brands I heard were having a message of blending their traditions with insight’s from data. I will include my key takeaways from the two sessions I attended: The Future of Tradition and Innovation with Insight.

The Future of Tradition

Panelists:

  • Mercedes Abramo, President & CEO, Cartier North America
  • Michelle Giguere, Director of Buying, Tory Burch
  • Scott Cameron, Chief Strategy & Business Development Officer , Canada Goose
Read the rest