Big chains and brands must learn from the more dynamic smaller players in the market, to think about technology, tap into their customers' lifestyles and avoid the squeezed middle says brand strategy guru Camilla Crane.
The BRP Special Report: The Mobile World of Retail report finds that mobile devices help retailers create personalized experiences for shoppers, and 89% of retailers plan to implement mobile solutions by 2020.
Two years after the launch of the Apple Watch, the brand's 3rd generation smartwatch could have a SIM card slot, according to various tech news websites, which would free up the watch from getting online via an iPhone.
The South Korean fashion industry is expected to grow by 3.3% in 2017. The size of the South Korean fashion market is forecast to touch 39.3 trillion won or $34.3 billion in 2017 as against 38.3 trillion won in 2016.
Madrid Fashion Week runs from February 16th to 21st. Some 43 men's and womenswear designers will unveil their latest collections, with the "see now, buy now" concept a key trend for the Spanish fashion week ahead.