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Weekly Insights Jul 17, 2015

Executive Summary

  • This week, the FBIC Global Retail & Technology team followed Amazon Prime Day around the clock
  • According to the NRF’s Back-to-School Spending Survey, the average family with children in school plans to spend $630.36 on electronics, apparel and other school needs this year, 6% less than last year
  • Japan’s famous hospitality also faces low productivity, however the government is seeking to double service productivity growth by 2020
  • Mexico’s media industry is expected to grow by 5% this year due to a digital boom in luxury and women’s lifestyle magazines, and retail is benefiting from the opening of luxury flagship stores in Mexico City

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