This week in Winners & Losers:
– Of the 1,000 US malls, the 400 catering to high-end consumers are doing just fine. As evidence, Simon Property Group and General Growth Properties shares are skyrocketing. If a mall has Nordstrom (Genius and No. 1 in L2’s Digital IQ Index: Department Stores) as a tenant, it is likely prospering.
– American Apparel – ranked 35th in L2’s Digital IQ Index: Specialty Retail – predicted to be the first fatality of retail in 2015.
– Apple won holiday season again (snooze) but Xiaomi emerged as another winner with $12 billion of revenue and 60 million phones sold in 2014, triple the number sold in 2013. Xiaomi’s explosive growth does not bode well for Samsung.
– How are we certain Google benefits our society? Searches for Chinese food peak on Christmas Day each year.
L2 emails keep you up to date on how brands are leveraging digital to grow their businesses.
Join Our EMail List