With the U.S. economy growing at a slow pace and Europe digging itself out of a debt crisis, the focus has turned all the more so to emerging markets. And it’s not just because the economic expansions of China and India are outpacing the growth rates seen in traditional Western retail venues. Retail is a mature industry in the U.S. and Europe, with competitors vying for share even in the tiniest nooks and crannies of the market. But in markets that are rapidly modernizing, masses of people are just getting a taste for international brands and new supermalls are being built—new worlds to conquer for global businesses yearning for growth. A.T. Kearney, looking at 25 variables, ranks the countries most ripe for retail expansion in its Global Retail Development Index. Here’s a look at this year’s top 10, with some selective perspective from the consultancy, the CIA World Factbook, The World Bank and WWD.
@deciem is all about transparency and approachability. At this year’s WWD Digital Beauty Forum, the brand's co-CEO @nicolakilner said talking to customers directly about the ingredients in products and how they work is key. #wwdsummits #wwdbeauty
‘We didn't know how relevant our film would be when we were making it. When Steven [Rogers] wrote the script Trump wasn't president, class divide in America wasn't as evident as it is now, though it was present. The Time’s Up movement hadn't began and the way we look at women and treat women who speak out — thankfully that is something that seems to have shifted in the last year. I think we just need to continue making art that provokes the conversation and do what we can,’ said ‘I, Tonya’ actress @margotrobbie. Head to WWD.com to see all the celebrities who walked the red carpet @bafta #timesup #wwdeye (📸: Neil Hall)
Gemma Arterton is joined on the @bafta’s red carpet by Eileen Pullen and Gwen Davis, the two women who started the fight for the pay-gap. ‘They represent a normal person speaking out for what is right. Speak out, we will listen and anyone can speak out,’ said Arterton. #eebaftas #timesup #wwdeye (📸: David Fisher)