We'll fight like hell...

Fashion retail was already in a dire condition in 2019. 2020 was brutal. But what's happening now is beyond any comprehension. Non essential stores are going down. State of Art, a men's fashion retail brand in Netherlands and Belgium, was a very successful business until March 13, 2020. We will be again in 2022 and beyond.

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The Art of Soulful Living

Many flagship stores are just a regular store with an abundance of space. The same number of products are displayed more widely. Fancy gadgets and irrelevant visual merchandising, finished off with huge LCD screens often cover that it's really much ado about nothing. Some though are a delight, a bliss. Amsterdam based Rituals opened 'House of Rituals' in October to give momentum to its 20 years anniversary. The aim was quite ambitious: to transcend from a cosmetics brand into the art of soulful living.

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Competing in a new arena

Many years ago life was simple. You were running a business and making money, and the state was run by government and parliament. Pretty simple. You needed to adhere some rules, laws and show some ethics and fiduciary duties. All tucked away in what we would cleverly call 'the private sector'. Fast forward to 2020 and there's nothing private anymore. Businesses these days play in an arena where moral will decide its future. And it's about time.

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Business as not usual

Covid-19 hit like a bullet. Much is said already, but I've found some new insights like: cash is the new God. Maslow is back. Hope is not a strategy. Forget forecasting. Dividends versus subsidies. Shit rolls downhill. And most of all: you are a leader, not an funeral undertaker. Show some resilience. It's definitely business as not usual.

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A Goliath at the border, Amazon entering the Netherlands.

The Dutch don't have what other leading EU economies have: Amazon as the leading e-commerce platform. Amazon skipped the Netherlands, back some years ago, preferring the other countries. Now, in just over a couple of weeks they will kickstart with a full grown Dutch webshop. What are the consequences for existing Dutch webshops, especially for Amazon look-a-like and Dutch leading e-commerce operator BOL?

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Unboxing Tesla, a customer experience upside down.

t's all about the experience. Just the product alone, its function, price or quality, won't do anymore. This golden marketing rule might be less relevant for some low value items, it is certainly vital for premium products and services. Customers tend to love the orientation, comparing alternatives, and presale interactions. Unboxing luxury items is not an online fad anymore, it's a powerful marketing instrument. But not for Tesla.

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Chaos to the streets. Last mile deliveries could seriously hamper e-commerce growth.

Citizens living in the already crowded big cities in Western economies have witnessed a change in the past few years. Delivery trucks parking on dangerous places. Way more traffic from DHL, UPS and others delivering e-commerce parcels, with more pollution from those trucks. Huge delivery hubs are being built near city centers on land where otherwise housing projects could have been developed.

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Fast fashion is out. Renting and resale will become the new normal.

Around the globe people become more aware of the trade off between buying fashion items, wearing them a few times, disposing and what it does do our planet. Many new (online and physical) retail platforms have started concentrating on second hand items and renting out. Some even say that the second hand fashion market will outgrow fast fashion by 2028.

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15 new store formats in London worth a visit

Strong retail leaders focus on the customer proposition, specifically on innovation. To fuel innovation new ideas and perspectives are vital. That's often the reason behind (foreign) retail safaris: to understand what works well or not, see some hits and forecast misses. On a July 2019 visit to London I saw some new and interesting retail formats, worth a visit.

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Rene Repko
Rungis: the Belly of Paris.

In almost every country around the world you'll find food markets. There are famous ones like the Boqueria in Barcelona or hip ones like the Torvehallerne Market in Copenhagen. I definitely liked the authenticity of Riga Central Market. This is a story about a food market you probably never heard of. Rungis, the largest and most exciting food market in the world.

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Hasan Minhaj on Amazon, very funny.

Hasan Minhaj has a show on Netflix: the Patriot Act. I am a huge fan, he dissects Amazon.com and the business practices it has used to grow from an e-bookstore into a powerful, multi-faceted corporation that controls a huge chunk of the online cloud. watch the full 20 minutes.

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Rene Repko