WORLD RETAIL CONGRESS news and archive

Tommy Hilfiger wins at World Retail Awards 2018

Global fashion brand Tommy Hilfiger was among the winners at this year’s World Retail Awards 2018, which celebrates "innovation, collaboration and creativity” across the retail industry. Announced at the 12th World Retail Congress in Madrid, Tommy Hilfiger was awarded with the Retail Employer of the Year accolade, crowning the fashion label as...

Retail

What Generation Z Wants From the Retail Industry

Millennials are no longer the main target for retail sales today. Generation Z, consumers between the age of 8 and 28, are the future buyers that marketeers in this industry must cater to according to the experts speaking at the World Retail Congress. Within the framework of this event, which took place earlier this week in Madrid, Carla Buzani,...

Business

World Retail Congress: Luxury changes its way of communicating

Luxury retail leaders Sébastien Badault, International Director of the Luxury and Fashion line of Alibaba, Adam Pritzker Founder of Assembled Brands, and Frédéric de Narp, CEO of Bally discussed the future of luxury industry at the World Retail Congress this week. All three of the leaders agreed that the definition of luxury has expanded from...

Business

Recap: 2018 World Retail Congress in Madrid

“'The heart of the retail sector is not just changing, but sometimes the fundamentals no longer apply", said Ian McGarrigle, Chairman of the World Retail Congress on the level of change in today's retail market at the World Retail Congress which took place from April 17 to 19. He highlighted events such as Amazon acquiring US grocery store,...

Business

Kicking off the World Retail Congress in Madrid: El Corte Inglés, Tendam and Inditex

The World Retail Congress kicks off in Madrid today, and FashionUnited is there. Since 2007 this annual, three-day forum brings together today’s retail leaders from around the world to discuss key-issues, network, and forecast the retail future. The congress was introduced by Pablo Isla, President of Inditex, Dimas Gimeno, President of El Corte...

Apparel

World Retail Congress announces Hall of Fame inductees

The World Retail Congress, due to take place in Paris at the end of September, has announced that Ted Baker founder and CEO Ray Kelvin will be among the this year’s inductees into its World Retail Hall of Fame. Kelvin will be joined by J.C. Penney chief executive, Mile Ullman and Sudhitham Chirathivat, chairman of the advisory board at Central...

Apparel

Consumers drive retail innovation

With the World Retail Congress in full swing in London, attention has turned to how the 'empowered' consumer, or the 'I-Con', will drive retail innovation in the future. A new report from Mastercard shows that 33 percent of retails believe empowered customers will force change, while 37 percent believes that increased competition will push...

Apparel

World Retail Hall of Fame to honour Paul Smith and Stuart Rose

British fashion designer Sir Paul Smith and former Marks & Spencer chairman Sir Stuart Rose have been named among the new inductees to the World Retail Hall of Fame for the 2012 World Retail Congress. Each year, the Congress honours three retailers from around the world who they believe have made an outstanding contribution to their businesses...

Fashion

Men shoppers are the future

According to ‘Europe’s Online Shopper’ research by CB Richard Ellis (CBRE), 40% of Europe's consumers shop online, and male shoppers are pushing the numbers with their purchases online. The study launched at the World Retail Congress in Berlin says men will replace women as the online shoppers of the future. Surveying 10,000 shoppers, with the...