The pandemic and recessionary pressures have rattled luxury retail.
And with consumers avoiding non-essential spend, there’s no respite in sight.
What can luxury retailers do to preserve cash, optimize costs, and win back customers?
A new, timely GEP white paper — Luxury Retail: Revival and Success Strategies for the New Normal — examines the challenges luxury brands are facing right now and what they can do to minimize the impact of the current slowdown.
It also shares specific procurement and supply chain strategies to help them cope effectively with the disruption.
- Getting ready for the holiday season — stores, labor, operations
- New priorities for 2021 and beyond
- Developing online and omnichannel capabilities
A must-read for procurement, supply chain and business leaders looking to help their enterprises thrive in the new normal.