Consumer activism, behavioural changes and technology are all forcing luxury players across the board to re-think almost every business model. It is becoming increasingly difficult to keep up with competitors and understand how and why the industry is evolving the way it is and how they can balan…
Tag Archive for luxury goods
Africa’s Emerging Economies to Take the Lead in Consumer Market Growth
Africa’s emerging economies present exciting opportunities to global businesses for expansion in retail and distribution. Changing demographics and improving business environments across the continent will be just two of the factors contributing to rising household consumption, which is predicted…
African Luxury Is Getting Into Anthropologie, Harrods And Vogue
The McKinsey Global Institute once famously described the African economies as “lions on the move.” But today it’s the continent’s “Lionesses” who are moving luxury markets around the world. Akosua Afriyie-Kumi, Swaady Martin and Adèle Dejak are all members of Lionesses of Africa—an entrepreneurs…