Matt Katz, Managing Partner and Head of Retail & Consumer Packaged Goods spoke with The Atlantic about the rapid growth of ultra-fast fashion retailers. Matt explains how quickly the industry has embraced digital last year, “We’ve seen an incredible sprint to digital. What would’ve taken seven years has taken seven months—or seven weeks.”
He explains to The Atlantic that because these companies are digitally-native, they have been able to use rich customer data to create ultra-targeted shopping experiences. “They know that first-time customers like to see this product category or customers from this geographic area like this color palette.”
Read the full article here.
Growth Equity Today: Adapting Buyout Playbooks to Accelerate Performance
Growth equity firms today face extraordinary market characteristics. Hold periods have extended, many investments are ‘upside down,’ and fund IRRs, on average, have turned negative. Additionally, capital costs have increased, and raising capital has grown increasingly difficult.
Learn More
Matt Katz shares insights into the changing DTC retail market in this Retail Dive article.
Learn More
As customers continue to demand more personalization and transparency from retailers, Nick Kramer highlights how AI can make this easier for companies in this Retail TouchPoints article.
Learn More