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The unique e-concession strategies luxury brands implement to reach the Chinese-shoppers
- March 11, 2020
- Posted by: Alaae Sbai
- Category: Business Strategy, china, Consumer Goods & Retail, e-concession, Economics, luxury brands
No CommentsBeing a key growth engine of the luxury sector worldwide, China remains one of the main luxury markets globally with consumers accounting for 33% of the global luxury goods spending in 2018 with predictions to reach 46% by 2025 (more than Americans, Europeans, SE Asians and the Japanese combined). Additionally, experts estimate that half of
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GCC Retail Sector : A shift toward Artificial Intelligence
- April 22, 2019
- Posted by: marketing
- Category: Africa, Blog Category, Economics, Technology & Telecommunication
With a growing understanding of the impact Artificial Intelligence (AI) is likely to have on customer relations and sales, retailers across the world are exponentially investing in AI with an estimated global annual spending reaching around 7,3 billion dollars by 2022. Artificial intelligence has become a future strategic imperative for retailers. Through enabling process automation,
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Exploring the Potential of e-Commerce in Africa
- October 20, 2015
- Posted by: admin
- Category: Africa, Blog Category, Consumer Goods & Retail
Despite the lack of appropriate electronic payment systems and sometimes limited access to internet, many experts and e-Commerce companies are positive about e-Commerce growth in Africa. According to a report published by Mckinsey & Company in 2013, e-commerce is expected to grow considerably over the next few years : “By 2025, it could account for
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Overview of the Retail Market in Egypt
- November 3, 2014
- Posted by: Dalia ABDELLATIF
- Category: Consumer Goods & Retail, North Africa
Egypt is one of the largest markets in the Middle East. A population of more than 86 million makes it an attractively profitable market in the Arab World. The youth population and its continuous exposure to social media is driving the economy; they are educated, open minded and technologically savvy. The obvious social shift has