Far from being a mere passion project, this is targeting a timely business opportunity – and they’ve got a clear idea of who their target customer is (and where they’re often found in August).
We’d heard rumors for several months that a new weekly by the publisher was in the works. In Berlin, editors Andrew Tuck and Tyler Brûlé revealed what they’ve been working on these last few months.
‘The Future of Retail’: Highlights from the best panel at last month’s Monocle conference in Berlin.
In Berlin, Storefront’s Mohamed Haouache, Perfumer H’s Lyn Harris, and Sarah McNally of McNally Jackson brought the house down in a cracking, back-and-forth debate on what the future holds for high-end retail.
Several compelling brands and businesses were put on our radar at the Monocle conference in Berlin last month, but it was Austrian cycle enterprise, Vello, that stayed top of mind for us.
Ana Andjelic: Legacy retailers define strategy in competitive terms. Retail upstarts define it in terms of their customer.
To successfully compete in today’s customer-first context, retailers have to start thinking beyond incremental innovation. They must become comfortable with new models that cannibalize their business as it is right now.
On the back of Walmart’s aggressive e-commerce acquisition spree, and Farfetch’s newfangled Store of the Future concept, we spoke with the Monocle man about why US and European retail is failing, how it can be fixed, and why the Japanese still to get it right. (1,267 words)
For most, it’s actually been great for the bottom line. But there have been workforce and supply chain issues––not to mention serious personal implications for CEOs who are EU nationals. (1,057 words)
It’s rare to come across projects of this magnitude from design firms today. We thought Lean Luxe readers would enjoy a closer look at the details. (493 words)