The retail and consumer (R&C) sector is a diverse global market that spans manufacturers of branded products, retail enterprises, hotel and restaurant chains, and leisure companies. There are many challenges for retail and consumer product companies in today's business environment, as a confluence of market forces has created an extremely difficult climate.
R&C sector companies are constrained in their ability to grow and maintain profit margins as a result of market saturation, slowing population growth, and more discerning but less loyal consumers. There are growing competitive pressures, an increase in the number of alternative sales channels, a blurring of roles between suppliers and retailers, and - particularly for consumer product manufacturers - a shift in the balance of power to the retailers. Growth in e-commerce presents exciting opportunities for retail businesses as does the fragmenting routes to market. However, they face intensified competition for customer and audience mindshare.
The strategic focus of the sector is moving towards the emerging economies and expanding consumer markets of Asia and Central and Eastern Europe - China and India in particular - which offer new opportunities for growth through global sourcing, offshoring and the development of modern retailing. In addition, cost pressures mean the goods that many manufacturers rely on are increasingly being sourced overseas, especially from deep water sources, rather than locally. Shifting market pressures like these are creating demand for evolving skill-sets, especially supply chain expertise that can handle more complex and flexible sourcing. Our mission is to help our clients extract value from their multinational operations and to develop a competitive advantage across the value chain.
The executives on our register have delivered successful turnarounds and re-energised time-honoured brands. They have delivered the transition to e-commerce, fuelled global growth, and created, launched and leveraged new best-in-class brands, products and services.
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