SFG looks for black in “new world order”, page-5

Industry says September trading was better than August.

One doesn't suffer fait accomplit with superior value design mix regarding product offering.

Somehow the lines waiting to get into Gucci stores appear to be impervious to the "new paradigm" challenges outlined by the CEO; sure, different market segment, but wonder why?

When I really value a product, fall in instant love with its look and feel, I'll buy it, no matter what the 'geopolitics' are of the day.

Speaking to Inside Retail on Tuesday, Perlstein said that the intensification of discounting through FY17 and in July was indicative of the “new paradigm”, and that the pressures facing consumers were unlikely to abate anytime soon.
“This is the new paradigm, our aim is to out-perform the market so that if it gets tougher it doesn’t affect us as much, it just means we have to be more agile and come up with the right strategies,” he said.
“There are structural issues around electricity prices, wage growth and geopolitics – none of these issues are going away…so we’ve just got to make sure we execute better.”