"...Online luxury shopping continued to accelerate in 2018, growing 22% to nearly €27 billion; it now represents 10% of all luxury sales. The Americas market made up 44% of online sales, but Asia is emerging as a new growth engine for luxury online, slightly ahead of Europe."
"...The wine industry’s sales growth has been muted for the past several years and is now close to moving into negative territory for the first time since 1993."
"...In our experience, successful digital transformation must rest on a foundation of smart digital strategy. And smart digital strategy, like traditional business strategy, is about making wise investment choices to maximize competitive advantage, growth, profit, and value—and then implementing with discipline."
"After talking with former executives, franchisees and analysts over the course of months, it's also clear that the story of Blockbuster's demise is still important for retailers operating today. We've enumerated some of those lessons below, beyond just the perennial advice of: Go back in a time machine and buy Netflix if you have the chance."
"Some DTC brands have struggled to square their high production and shipping costs with the average order size of their customers.
Many have successfully lured in a great deal of customers by offering generous coupons and no-questions-asked return policies. However, this often means the company has to eat a not-insubstantial amount of shipping costs."