The flagship store as we know it is changing. Experts say that large flagship stores that do not offer exciting and engaging experiences are no longer effective marketing tools for brands.that the retailer would be closing its global flagship store in New York. A spokesperson for Tommy Hilfiger did not immediately respond to Business Insider's request for comment or confirm when this location would close.
"We continue to invest in tommy.com and the ongoing expansion of strong wholesale distribution partners that keep consumers at the heart of our brand." "New generations of consumers do a lot of product discovery online or via social media. This means expensive flagships are less relevant than they once were," Neil Saunders, managing director of GlobalData Retail, wrote in an email to Business Insider in February.
FUN FACT: looked at a puffer coat in this store, $200. Then went to Century 21, EXACT SAME coat, $39.
Hero!
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PayPal CEO Dan Schulman on exactly how the company closed its pay gapPayPal has been working to close its pay gap, and has developed a way to do just that. See how CEO Dan Schulman explained the process. MakeIt Shouldn't have been a gap in the first place.
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