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Changing face of the U.S. retail landscape

A report by the Swiss multinational investment bank, UBS has found there were 115,000 shopping centres across the U.S. at the end of 2020, compared with 112,000 in 2010 and 90,000 in 2000. However, UBS has estimated that 80,000 retail stores will shut across the country by 2026. That assumes e-commerce sales rise to represent 27% of total retail sales, up from the current 18%.


Family Values

Companies with a strong ESG (Environment, Social and Governance) agenda are showing better financial results. That is the clear evidence for all the indexes and funds that have recently produced data to see how they have fared.


Luxury industry driven by millennials

A new research shows that millennials are the key to success for the luxury goods sector, demonstrating that this generation is far from regarding leather products as old fashioned.