Fulvio Benetti

Happy Saturday to Everyone 🫶🏼 Some Key aspects of leadership : Vision Communication Decision - Making Empathy Adaptability Integrity Inspiration Delegation Mentorship Conflict - resolutions Which one is your favourite key aspect?

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The Paradox of Choice (Barry Schwartz): “There’s no question that some choice is better than none, but it doesn’t follow from that, that more choice is better than some choice.” Retail needs to enter its less-is-more era. The era of the endless aisle is over. Shoppers want to be told what to wear — and the retailers that get it right will win. Interesting reading. #BusinessStrategy #AI #Retailing

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Thank you Dr. Annalisa Tarquini - Poli for the possibility to lecture your students International University of Monaco, and to Robb Report Monaco Côte d'Azur for being interested in my career, enabling luxury brands to succeed in their physical developments.  To my ALL LinkedIn network, let me know if you agree with my statements in this article, or challenge them, let’s argue! #LuxuryRetail #Innovation #IUM #Luxuryretailstrategies #Luxurytrends

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Wioletta Bogus, chief operating officer of luxury footwear and accessories brand Manolo Blahnik concluded Drapers Supply Chain Summit on 3 July with three key lessons of navigating fashion’s supply chain. Read the full story below. #supplychain #fashion #retail #retailnews #suppliers #ManoloBlahnik

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In the post-pandemic landscape, European footwear companies face unprecedented challenges, from macroeconomic pressures to geopolitical uncertainties. Our latest whitepaper offers an in-depth analysis of these challenges and presents actionable insights from industry leaders on navigating these turbulent times. Through this detailed exploration, we outline strategic short-term and long-term investment recommendations tailored for resilience and growth in the footwear sector. Download the whitepaper to equip your business with the knowledge to thrive: https://lnkd.in/dTKyB8sa Yash Teckchandani, Anand Krishnan, Rajasekar Sukumar, Devashish Mishra, Padmanabhan V. #FootwearInnovation #DigitalTransformation #EuropeanMarket

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Trust > Discus > Decide > Deliver 🚀 I couldn‘t agree more to the leadership principles of Daniel Grieder! It sounds easy and many managers believe, that this is just how they run their business. But TRUST within the team needs to be earned by being integrative, transparent, explanatary, reliable and showing strong believe both in the people and the devolped strategy. With this mindset established from C-Level to all operational levels, it needs RIGID EXECUTION for sustainable success. Kudos to Daniel Grieder for being a role model of this kind of modern leadership! #trust #leadership #changemanagement

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𝐎𝐧𝐥𝐢𝐧𝐞 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐎𝐎𝐌:  https://lnkd.in/g37icn_z Trends & Strategies for Success #OnlineApparel #FashionTrends #MarketAnalysis Key players: SHEIN ASOS.com Zalando Next ABOUT YOU Cider White Fox Boutique ADORNMONDE BOA® ARNE The online apparel market is exploding! This video dives deep into the key drivers and trends shaping this dynamic industry. Discover the hottest product categories, understand evolving consumer demographics, and learn how to cater to the latest styles. Unlock valuable insights for conquering the online apparel market and subscribe for ongoing tips and expert advice! #Ecommerce #BusinessGrowth #FashionIndustry

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You might not know the name Marcolin Spa, the Italian eyewear manufacturer, but you’ll definitely know the brands they produce frames for: Tom Ford, Christian Louboutin, adidas, BMW eyewear, Candies, Gant, 6CDS, Kenneth Cole, Marciano for Guess, Max&Co, MaxMara, Pucci, Skechers, Timberland and Tod’s. Revenues last year crept up 2% but EBITDA grew 27.9% driven by strong performance in Asia following a re-org in the region. Despite this reports have been common that PE backers PAI Partners (83% shareholders) have put Marcolin up for sale at a cool €1.3Bn. Interested parties are said to include Safilo, Marchon, Kering and EssilorLuxottica. #Marcolin insights FY23: 📈 Full Yr revenue €558m, +2% YOY 📈 Adjusted EBITDA reached 78.1 million euros (+27.9% v FY22) 📈 13m glasses sold 📈 EMEA - revenue was +1.7% - driven by the luxury segment in France, UK, Italy and Spain 📈 Americas - revenue was -4.8% - impacted by macroeconomics of the region and a declining eyewear sector 📈 Asia - revenue was +81.5% - Strongest growth came from South Korea, and the countries of SE Asia (operated by third party distributors) 🏭 Revenues by region: EMEA 47.4% Americas 39.6% ROW 5.2% APAC 7.8% Key FY23 Highlights ✅ Paid $250m for a long-term licence agreement with The Estée Lauder Companies for TOM FORD eyewear, a significant extension of the current licence agreement ✅ Acquired the the German company ic! berlin GmbH for €38.5m. The acquisition was arranged with the aim of increasing metalworking expertise and expanding the portfolio of luxury brands, strengthening the commercial position of the Group in key areas such as Asia and Europe. ✅ Signed new licence agreements with MCM and Christian Louboutin (the latter at the beginning of 2024) and the renewal and extension of licence agreements for brands already in the portfolio such as Emilio Pucci, Zegna, Max & Co, GCDS, Harley Davidson and Skechers ESG ✅ Implemented a path to sustainability in line with ESG standards (since 2021). Actions focus on various issues, including carbon emissions reduction and the circular economy. ✅ Reduced use of fossil-based materials. Increased use of innovative plastic materials. The latter include bio-based acetate, which is employed in a number of collections for some of Marcolins key Brands. For injection-molded eyewear, instead, R-PET plastic (Recycled PET) is used Employees / ED&I ✅ 57% of employees are women, 43% of whom are snr managers ✅ With the amalgamation of ic! Berlin headcount increased from 1854 to 2000 ✅ A Psychological Help Desk was launched through an online platform accredited by the Italian Health Service offering 24/7 help and support to anyone in need. The service is anonymous and available to employees and their families. ✅ Approved a new Gender Equality Policy in Nov 23 which establishes the company’s commitment to an inclusive and fair work environment, guaranteeing equal opportunities and parenting support

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I love the eyewear industry. Because of my love for it, I always want to change🫶✌️ From the ancient Greek period to the present 21st century, glasses have gone through the Middle Ages. In the 13th century, Italian scholar Roger Bacon invented the earliest glasses, which were used to correct myopia. With the development of contemporary science and technology, glasses are no longer just used to correct myopia. People have given glasses more missions. Fashionable frames can be used for decoration and enhance the image. Glasses can also have functions such as outdoor sun protection. Now with the development of science and technology, AR, VR glasses, simultaneous interpretation glasses, and 5G high-tech glasses used for medical clinical surgery are changing people's living habits. #industry #change #people #bluetooth #smart #glasses #Please #business #vision #vision #optician #Sunglasses #thanks #Distrubutor #fitness #fashion #innovation #optometry #outdoor #sports

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Long time, no post! The luxury market in China is moving into uncharted territory. In the past, growth was for all – as the Chinese consumer was exposed to luxury brands’ advertising and offering, an incremental share of wallet in line with a booming economy, helped unlocked growth. In our new reality, growth must be earned, not given. In most cases, this means that growth is taken from another brand’s existing share. Let us also couple this consideration with another important factor: The point of purchase and point of influence are diverging. During COVID, Chinese consumers fuelled the domestic luxury market, however different avenues are now meeting this demand with a return to spending overseas (especially in Japan). However, they are still being exposed to local marketing and being influenced in China. If we blend these two concepts together, there is no more important time than now for brands to be communicating their values in the Chinese market. Which brands are driving favorable interest against the competition? A simple way to look at this is by who is growing when it comes to followership. In the image below we can see the top 5 brands official account following growth across Weibo, RED, and Douyin for H1 2024. 💥Smaller Watch Brands make an impact – Until 2024, Tudor was a relatively nascent brand in China. Often overlooked at Rolex’s little sibling, it has made an impact in bringing the brand to China this year. Similarly Breitling and Glashutte highlight the potential for watches. 💥Entry Luxury Fashion looks to stimulate – Lacoste and Maison Kitsune have strongly leveraged strong celebrity activation, Golden Goose with its focus on category expansion has also seen an increased notoriety, and Tory Burch had the most absolute number of new followers on our list, enjoying the success of selling directly on Douyin to drive interest. 💥Top Luxury sees frontrunners – Loewe, taking a page out of the Lacoste playbook, signed Wang Yibo in June, Balenciaga held their 2025 Spring/Summer show in Shanghai, and Zegna held their exclusive Oasi Zegna experiential exhibition in May in Shanghai. 💥Dolce & Gabbana makes a quiet comeback though their opening of a new store in the trendy Zhuangyuan area in Shanghai that has helped boost their following. Followers is one part of the equation, and next week on Monday 8th July we will release another. The COMPASS Index for Q2 serves to highlight the top brands that have driven engagement across China social. Highlighting risers and fallers as a way of understanding which brands have had impact. If you are interested in receiving the COMPASS Index report for Q2 in either Fashion / Leather Goods or Watch / Jewelry, drop a comment below and I will send the report to you directly ⬇️⬇️⬇️⬇️⬇️ In other exciting news, the COMPASS Beauty index for Q1/Q2 2024 is coming – highlighting the top brands across beauty in China today. Reach out to me directly to register your interest ✉️✉️✉️✉️✉️

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Introducing Pi Footwear: Vision Meets Style Discover how our latest Pi collection transforms from minimalism to expressiveness, inspired by visionary leadership and the spirit of innovation. Swipe ➡️ to see the evolution! 🚀 1️⃣ Pi Minimalism - Begin with the essentials, inspired by the simplicity and directness of effective governance. Each design, like a policy for progress, is sleek and purpose-driven. 🌌 2️⃣ Pi Refinement - Just as leaders refine their strategies, we enhance our shoes with premium materials and subtle improvements, representing the continuous pursuit of excellence. 👞 3️⃣ Pi Expression - Bursting with vibrant innovation, this phase embraces the diverse and dynamic spirit of a progressive society, reflecting the cultural richness of the 1960s. 🎨 4️⃣ Pi Realism - Our crowning achievement: footwear that combines realism with luxury, embodying the aspirations of those who dare to lead and dream big. Every detail showcases the pinnacle of design ingenuity. 👠 🌍 Like the bold explorations of policy pioneers, Pi Footwear is more than a brand—it’s a movement towards a future where fashion intersects with political vision and innovation. Join us on this journey of transformative style. 🌟 #PiFootwear #VisionaryDesign #LeadershipInStyle #PoliticalAI #InnovationMeetsFashion

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We recently gathered with our store managers from America and Canada for SS25 to discuss the importance of a Super Local approach in today's retail landscape. It's crucial to move beyond the traditional "think globally, act locally" mindset. In retail, traditional buying methods are no longer as effective. Planning accurately from door to door is essential to avoid significant stock issues. By leveraging the knowledge and experience of those in the field and not solely relying on historical data, businesses can adapt to changing consumer behaviors effectively. Remember, there is no data on missed sales! Therefore, it's vital to thoroughly analyze your customers and have precise data at hand. While accurate and usable data is key, it's also important to be cautious of data infobesity. In retail, paying attention to details is crucial for success. #retail #superlocalapproach #ecco #retailisdetails

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What Retailers and Brands Need to Do to Address Challenges in the Footwear Market Interesting read ..

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Bloomberg published a wonderful article on Birkenstocks. German company is on the market for 250 year with current capitalization of around €11b. The product is recognized world wide. Everybody knows the sandals. Despite all that, during last year’s IPO, local investors were surprised with the choice of New York stock exchange over Frankfurt, private capital firms did not recognize enough potential in the vague positioning of the Company — shoemaker lost 13% of its value during the first day of trading and the IPO itself is still considered as one of the worst publishings on NYSE in two years. Reading this long and very nicely written article I could not help thinking that the Company falls into the same trap over and over again. Being too ambiguous with who their client at this particular moment is and having too vague of a positioning. Target audience “humans 10 to 90 years old” basically means “everyone and no one”. Making great product is not enough, its value and advantages need to be clearly communicated to potential customers. Be it American youth or European private investors, each of those groups need a clear answer on why they should vote for the product with their money and attention. https://lnkd.in/ecQJfxRF

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Andrea, a great lecturer and subject matter expert, will show how AI and automation can enhance distribution efficiency and resilience. Learn to predict trends, optimize inventory, and streamline logistics. Discover the cultural shifts needed for tech adoption and gain practical insights to integrate technology and cultural change in your business. Don't miss this chance to transform your view of fashion retail and gain valuable insights in Decision Science!

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An interesting article by Pierluigi Collina, who was voted the world's best referee for six consecutive years, outlines his critical strategies for making high-stakes decisions. Indeed, the elements required of referees and business leaders have much in common. His story provides a clear and concise overview of the critical points for making the right decisions under extreme pressure, including thorough preparation, the importance of mutual trust, learning to be consistent, and learning from one's own mistakes. Top-level people always summarise everything in a simple, easy-to-understand way that clarifies the essential points.

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On the constructive dissent. “Team, I propose that we postpone further discussions of this matter until our next meeting to give ourselves time to develop disagreement” I think it isn't about discord or conflicts; it's the way for growth. Welcoming diverse viewpoints and fostering a culture of respectful disagreement can fuel innovation, strengthen collaboration, and facilitate more effective adaptability to change. I understand sometimes it’s not easy to see the thin line between critical thinking and sterile criticism, but stretching creativity is always an enrichment and we should try to confront our views in any cases, at all levels, even more with in line managers. We should be (and encourage) responsible followers. Agree?

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Always at the forefront of innovation! Read how AI will change jewelry design and how we can embrace this new tool!

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