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Growth & Revitalization Abercrombie & Fitch Co. have really experienced all the steps of a company's growth, including the final step of revitalization and restrategizing. Strategy and growth is not an end but an ongoing process. In the case of Abercrombie & Fitch, a change in CEO and a new strategy of refocusing on inventory and trends was central to bringing it back. "Whereas Mr Jeffries [the former CEO] told consumers what they wanted, Fran Horowitz, who took over as chief executive in 2017 after 15 consecutive quarters of shrinking sales, is listening instead. She talks up Abercrombie’s “chase capabilities”—industry-speak for keeping inventory low and pouncing on trends. On her watch the company has made better use of data to understand what products to offer and which customers to target, notes Dana Tesley of Tesley Advisory Group, a consultancy. . . . Instead of going after teens, Abercrombie now targets 25- to 40-year-olds—many of whom might once have spent their babysitting money on its camisoles. (The Economist) https://lnkd.in/gJnCHXBu #Growth #CEO #Strategy #Brand #Rebranding #Consumer #Ideas #Business #Success #Development #Revenue #Sales

Career changes and moving to different industries can be scary but the diversity in experience can be rewarding.

Bruce Nordstrom, a retail legend and the grandson of a Swedish immigrant, has passed away at 90. His grandfather, John W. Nordstrom, started a small shoe store in 1901 that Bruce would later transform into a retail powerhouse. Starting at the age of 9, Bruce swept floors, worked in the stockroom, and earned 25 cents an hour. Reflecting on those early days, he once said: "It was the Second World War, and I was sweeping floors, emptying shoeboxes, breaking them up, flattening them into bundles. It was hard work, as I was a skinny little guy". That skinny little guy, who loved retail and had an exceptional work ethic, would end up transforming his grandfather's shoe store into a retail powerhouse. I share this story with you, because it exemplifies what I call an 'immigrant mindset'. In my research of immigrant entrepreneurs, I have often come across their desire to do even the menial or seeming unimportant tasks with great passion and attention to detail. By paying attention to the task in front of you, and doing it with great care and love, you can transform it into treasure - this is what I have seen in my own life, and research confirms it. #ImmigrantMindset #BruceNordstrom #Nordstrom #AmericanRetail #BusinessLegacy #GivingBack #FashionRetail #HR #CEOStories #FounderStories #FamilyBusiness

What do Albert Einstein, Marilyn Monroe, Elvis Presley, and Princess Diana have in common? 14% of you guessed it right in our latest poll! They all love their Levi’s 👖 Since 1873, Levi’s has promised “quality that never goes out of style.” Today, we announce Levi’s has chosen Insider to deliver the best digital experiences for their customers. Style meets personalization and scale. 👋 With Insider, Levi’s can tailor their digital channels to deliver an experience as unique as each customer’s style. Learn why the world’s best-loved brands are making the #SwitchToInsider ➡️ https://bit.ly/3P4UhZ0

What do Albert Einstein, Marilyn Monroe, Elvis Presley, and Princess Diana have in common? They all love their Levi’s 👖 Since 1873, Levi’s has promised “quality that never goes out of style.” Today, we announce Levi’s has chosen Insider. to deliver the best digital experiences for their customers. With Insider, Levi’s can tailor their digital channels to deliver an experience as unique as each customer’s style. Learn why the world’s best-loved brands are making the #SwitchToInsider ➡️ https://bit.ly/3uJKvEZ 

What do Albert Einstein, Marilyn Monroe, Elvis Presley, and Princess Diana have in common? They all love their Levi’s 👖 Since 1873, Levi’s has promised “quality that never goes out of style.” Today, we announce Levi’s has chosen Insider. to deliver the best digital experiences for their customers. Style meets personalization and scale. 👋 With Insider, Levi’s can tailor their digital channels to deliver an experience as unique as each customer’s style. Learn why the world’s best-loved brands are making the #SwitchToInsider ➡️ https://bit.ly/3uJKvEZ 

What do Albert Einstein, Marilyn Monroe, Elvis Presley, and Princess Diana have in common? They all love their Levi’s 👖 Since 1873, Levi’s has promised “quality that never goes out of style.” Today, we announce Levi’s has chosen Insider. to deliver the best digital experiences for their customers. Style meets personalization and scale. 👋 With Insider, Levi’s can tailor their digital channels to deliver an experience as unique as each customer’s style. Learn why the world’s best-loved brands are making the #SwitchToInsider ➡️ https://bit.ly/3uJKvEZ 

What do Albert Einstein, Marilyn Monroe, Elvis Presley, and Princess Diana have in common? They all love their Levi’s 👖 Since 1873, Levi’s has promised “quality that never goes out of style.” Today, we announce Levi’s has chosen Insider. to deliver the best digital experiences for their customers. Style meets personalization and scale. 👋 With Insider, Levi’s can tailor their digital channels to deliver an experience as unique as each customer’s style. Learn why the world’s best-loved brands are making the #SwitchToInsider ➡️ https://bit.ly/3uJKvEZ  

Saks Global Operating Group CEO Marc Metrick recently offered his perspective on "the new frontier of luxury fashion" and how Saks is reimagining their strategy across the business to radically change how they meet the evolving and varied needs of the modern consumer. His words reflect our mission: “I wanted partners that are going to be in it with me, not in it just alongside me.” This exemplifies the real collaboration and trust we drive with our clients every day at PwC and I am personally thrilled to be partnering with Marc and his team on this exciting journey! Check out the trailer to learn more about their business model reinvention journey and watch the full video to explore how technology and people are powering their next wave of growth. Bit.ly/3OMCrtd   #saksglobal #pwc