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Company Insights
NewNIKE – Digital Transformation Strategies
NIKE Digital Transformation Strategies Overview NIKE has been focusing on using AI, blockchain, NFTs, robotics, metaverse, cryptocurrencies, e-commerce, gaming, and virtual reality to digitally transform its operations. The annual ICT spending of NIKE was estimated at $1.3 billion for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and ICT services from vendors. NIKE designs, develops, markets, and sells athletic footwear, equipment, apparel, accessories, and services. The company sells its products to retail accounts...
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Company Insights
Kingfisher – Digital Transformation Strategies
Kingfisher Digital Transformation Strategies Overview Kingfisher has been focusing on using artificial intelligence, cloud-based mobile applications, big data, and augmented reality to digitally transform its operations. The annual ICT spending of Kingfisher was estimated at $369.9 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Kingfisher sells home improvement products and offers home improvement services to consumers and trade professionals in eight European countries. It operates under the B&Q,...
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Thematic Analysis
Future of Work in Consumer, Foodservice, and Packaging Sectors – Thematic Intelligence
Future of Work in Consumer, Foodservice, and Packaging Report Overview The future of work highlights the technologies such as AI, 5G, and communication and collaboration (C&C) that are disrupting the way we work. It will shape both factories and offices, encouraging greater collaboration between humans and technology and empowering workers with new digital skills. For instance, the incorporation of the future of work technology in packaging and consumer goods companies will streamline supply chains for improved efficiency, and allow for...
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Thematic Analysis
Impact of Generative Artificial Intelligence (AI) in Retail and Apparel – Thematic Intelligence
Access and explore in-depth trends and insights in our ‘Impact of Generative Artificial Intelligence (AI) in Retail and Apparel’ report: Gain access to a detailed overview of the Generative Artificial Intelligence (AI) theme along with the use cases for AI in the retail sector. The report breaks down the possible impact of generative AI on the retail and apparel sectors. The report further highlights risks, limitations, and considerations of the market in focus. How is the 'Impact of Generative Artificial...
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Thematic Analysis
Inflation in Consumer Goods – Thematic Intelligence
Inflation in Consumer Goods Report Overview Inflation is expected to remain volatile during the decade due to several macroeconomic issues. Inflation saw a sharp increase across key markets in 2021 as lockdowns eased putting pressure on services and supply chains to readjust to a change in the pace of consumption. In 2022, inflationary pressure was intensified by Russia’s invasion of Ukraine, creating shortages of key commodities including gas, driving energy prices. However, from 2023 to 2024 the inflation rate will...
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Thematic Analysis
Clean Label in Consumer Goods – Thematic Intelligence
Clean Label in Consumer Goods Thematic Report Overview Clean labels are consumer-friendly with products comprised of natural ingredients and fewer additives and artificial chemicals, as well as sustainable and ethical sourcing and production. Additionally, the clean label theme is part of the broader health and wellness movement which is gaining popularity. A greater number of consumers in both mature and emerging economies are becoming increasingly conscious about leading healthier lifestyles and the impact of what they are consuming. The connection...
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Thematic Analysis
Metaverse in Consumer Goods – Thematic Intelligence
Metaverse in Consumer Goods Thematic Report Overview Consumer goods companies should consider how they are going to play their part in the evolution of the internet. Brands and manufacturers have to start investing and collaborating to be on the front foot of this new digital reality using augmented reality (AR) as consumers no longer ‘go online’ but are, in fact, connected most of the time. As the metaverse continues to develop, it will be built by a combination of different...