Forbes Welcome. UK Economic Outlook. Employment in the UK could grow by around 3 million by 2025, with the total number of jobs reaching almost 37 million.Education and health could add over 1 million jobs by 2025 and become the biggest of the services sectors.Business services could create around 1.5 million more jobs by 2025 and will become the second biggest services sector, with distribution, hotels and restaurants in third place.The number of jobs in manufacturing could fall by a further 600,000 to around 2 million by 2025 as new automated technologies continue to boost productivity and overseas competition remains fierce.
But this should be far outweighed by the growth in private sector services jobs. For more details, please download the article and explore our jobs data analysis using the interactive tool below. German clothing market: a safe bet for those looking to grow international presence. Experience retailing – adding value to the customer journey. ‘Experience retailing’ isn’t a new phenomenon, it’s been around for decades, but the stakes have been raised and now for retailers to stay ahead of the game they must deliver an all encompassing in-store experience that adds value to the customer journey.
IBM recently reported that consumers are increasingly purchasing through multiple retail channels and mass adoption of ‘showrooming’ – where shoppers price check and buy online while in-store – mean that retailers have to try that little bit harder to drive engagement in their physical space. The secret of retail success today is a cohesive multichannel approach, which includes a clearly defined role for a bricks and mortar retail environment. It’s no longer enough to stock shelves with goods at competitive prices and expect customers to make their way onto the High Street and through your door. A fantastic example is G Plan’s ‘sit test’. Education & Engagement Also consider how to educate a shopper about the brand, product or service. Cohn & Wolfe - Practices. We found: Authenticity in business beats product utility and innovation, across all 12 markets surveyed: Authentic characteristics such as communicating honestly about products and services (91%) and environmental impact and sustainability measures (87%) are more important to global consumers than product utility (61%), brand appeal (60%) and popularity (39%).
Authenticity AnchorsClick to expand Authenticity has a positive impact on the bottom line: 63% of global consumers would buy from a company they consider to be authentic, over and above competitors. 47% would be happy to work for them and 23% would invest in a brand they believe to display authentic qualities. Those in fast-growing economies are twice as likely to invest in authentic brands as respondents in slower-growing countries (31% vs 15%). Retail lifestyle brands conlumino report may2014. Lifestyle brands can grow significantly in next five years if they address international expansion challenges, says report. A study conducted by Conlumino on behalf of Pinsent Masons, the law firm behind Out-Law.com, found that the retail sector is likely to experience "fairly modest" growth in general over the next five years, but that lifestyle brands are set to grow in size at a much faster rate.
PEER ARMIES. THE FUTURE OF CUSTOMER SERVICE. The Death of Trends: III. For the past two weeks, we have analyzed the shift from overarching seasonal trends to a constantly evolving blend of eclectic micro-trends.
We argued that instead of buying into a signature look or designer ethos, the consumer now focuses on mixing and interpreting these diverse elements in their own, highly personal ways. The Death of Trends: Part II. Last week, we introduced the first in a series of articles about the changing face of fashion trends.
The Death Of Trends: Part I. Back in February 1988, Vogue‘s “Point of View” column constantly alluded to the “right” style.
Pants in this category were “narrow over the hip, softer and wider through the leg,” while jackets were “longer, sharply tailored…often graphic in its design,” hemlines were short, the proper color was green and the best accessory a scarf. Twenty years on and the diktats of cool have become much less defined. Elle‘s March 2008 issue advises readers to stock up on cargo pants, mannish trousers, skinny jeans, denim cutoffs and flares, to pair with floral blouses, white tees, pajama tops or gypsy-inspired camisoles. Consumer & Shopper Insights. The dynamics of the apparel industry are changing dramatically.
To succeed amid the shifting tides, companies need to build up competence in four disciplines. Few industries require companies to stay as nimble and on their toes as the global apparel business. At a baseline level, there is the fast-moving nature of fashion, which requires companies to jump on trends right away, never taking the fast follower approach. That alone gives the apparel business a unique set of challenges. Today, however, additional dynamics are stirring the pot. Finding the Strategic Sweet Spot.
In October 2010, Gap quietly launched a rebranding of its global corporate identity.
The entire launch lasted approximately eight days due to an out-pouring of customer disapproval. In response, Gap came up with another disappointing idea: outsource the redesign to the general public. This move infuriated the design community. In particular, organizations like AIGA (formerly American Institute for Graphic Arts).