It’s not the economy. It’s not the competition moving in next door. What really concerns retailers is the difficulty of finding new talent, at least according to a survey of 135 chief executive officers and presidents conducted by the Herbert Mines Associates search firm, WWD and Equation Research.
The survey posed the question: “What keeps you up at night?” The biggest concern expressed was talent acquisition and development, said Hal Reiter, chairman and ceo of Herbert Mines. “Ninety percent do not believe that the retail industry is attracting the best and brightest from college campuses. It’s a problem.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"