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Traditionally 'Male' Qualities Such As Having The Courage Of Your Convictions Are Necessary To The Successful Training Of Women Managers
by Carolyn Grossman
Executive Vice President, Strategic Relationships
WITI (Women in Technology International)
www.witi.com
I climbed the corporate ladder wearing expensive pin stripes and Ferragamo heels for almost twenty-five years. Readers will know exactly what that climb entailed: I worked 12-hour days, produced the deliverables, offered (yes, offered) to get the coffee, hung up the coats, called for taxis. I bit my tongue, argued compellingly, conceded graciously that the gentleman re-phrasing my point was absolutely correct. Usually, I was the only woman at the conference table.
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Business & Career
The Luxury Market
Report 2011 Published: Latest Trends in Luxury Market
This year's report shows
Income and Assets Measure One's Success in Business and Career - Happiness Measu
Culture & Lifestyle
Editor Pick's
The luxury industry is hitting a wall. Recent studies from the global leaders in predicting the prospects for luxury market growth testify to it.
Deloitte, which studies only the top 100 largest luxury brands, the industry’s best and brightest, sees these companies’ growth slowing over the next five years, as compared with the last five. Euromonitor reports that while the luxury goods market will grow in 2017, it will do so slowly, with particular weakness in Western Europe and North America markets.
Bain & Company, in association with Fondazione Altagamma, forecasts growth in experiential luxury, while the personal luxury goods segment contracted 1% due to a shift in exchange rates, and was flat at current exchange rates. More troubling, Bain reports the Americas declined 3% from 2015-2016 and Europe by 1%.
Bain’s report said: “This is the third consecutive year of modest growth at constant exchange rates, and it represents a new normal in which luxury companies no longer benefit from a favorable market and free-spending consumers.”
Why?
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Dow Jones Reports That Home Shoppers Are Returning in Late 2009
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Unity Marketing's Annual State of the Luxury Market Report 2011
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Changing Consumer Tastes Are Transforming the Art, Wall Decor and Framing Markets
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Changes in Women's Fashion Spending Indicates Changing Women's Lifestyles
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Customers Report Pent-Up Demand For Custom And Ready-Made Picture Frames
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Money Can't Buy Happiness, But Gifts Gladden The Soul
