World Retail Congress 2019 Wrap-Up

Executive Summary

The Coresight Research team attended and participated in the 2019 World Retail Congress in Amsterdam, May 14-16. These are some of our highlights from the event:

• On the final day, Nike was named Retailer of the Year, a summation of what it takes to be a retailer today: spectacular retail and brand execution at every consumer touchpoint, clear brand positioning and strong consumer relationships.
• Purpose is emerging as retail’s North Star: Consumers embrace brands with purpose.
• Luxury in 2019 is capturing young consumers with beauty, wellness and exclusivity in the form of “drops,” creating a sense of exclusivity while remaining inclusive.
• New Retail was invented in China but is coming to the West in what we call the “Alibabafication” of retail.

Click here to view highlights from Day 1 and Day 2.