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Meeting Tech Talk (ICSC NARTF)

• Affluent Consumers are expected
to take a greater hit
• Younger Consumers without
mortgage or stock market exposure
are less affected
• Middle-Aged & Retired Consumers
are the most cautious and anxious
group, with the most exposure to
the consumer finance metrics

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Lunch & Learn

• Fung Global Retail & Technology advises retailers, real estate developers, tech companies, and others on
projects situated at the intersection of retail, tech and/or fashion.
• Our team offers a robust knowledge bank and deep-rooted experience across the retail, fashion, and tech
industries. We are involved in many areas of the business, which allows us to offer a unique perspective on
the future and where the sector is heading.

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Future of Retail: Is It Coming Apart at the Seams? (RMS)

• Over the next 5 years US consumer spending is
forecasted to grow by 22%; non-essential
categories, including vacations and dining out, will
see the fastest growth, about 27% (Mintel)
• More than 3 in 4 millennials would choose to
spend money on a desirable experience
• Experiences are what people use to define
themselves across social channels

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