Latest / Omni Talk Retail / The Risk of Going Vanilla in Retail with Ann Summers CEO Maria Hollins | RTS 2026
Transcript
- 0:00Hello,
- 0:00everyone.
- 0:01This
- 0:01is
- 0:01omnitalk
- 0:02Retail.
- 0:02I'm
- 0:02Chris
- 0:03Walton
- 0:03and
- 0:03I
- 0:03am
- 0:03coming
- 0:03to
- 0:04you
- 0:04live
- 0:04once
- 0:05again.
- 0:05Once
- 0:05again,
- 0:06yes.
- 0:06From
- 0:06the
- 0:07Retail
- 0:07Technology
- 0:08show
- 0:08in
- 0:08London
- 0:09in
- 0:09the
- 0:09exclusive
- 0:10Fusion
- 0:10podcast
- 0:11studio.
- 0:12Now
- 0:12joining
- 0:13me
- 0:14is
- 0:14Maria
- 0:15Hollins,
- 0:15the
- 0:15CEO
- 0:16of
- 0:16Ann
- 0:17Summers.
- 0:18Maria,
- 0:18welcome
- 0:18to
- 0:18omnitalk.
- 0:19It's
- 0:19a
- 0:19pleasure
- 0:20to
- 0:20have
- 0:20you.
- 0:20Pleasure
- 0:21to
- 0:21be
- 0:21here.
- 0:21Now,
- 0:22you've
- 0:22had
- 0:22a
- 0:22very,
- 0:22very,
- 0:23very,
- 0:24very,
- 0:24I
- 0:24think
- 0:24that's
- 0:25like
- 0:25five
- 0:25verys,
- 0:25very
- 0:26varied
- 0:26career
- 0:27in
- 0:27fast
- 0:27fashion.
- 0:28You've
- 0:28been
- 0:28in
- 0:28department
- 0:29stores,
- 0:30and
- 0:30now
- 0:30you
- 0:30are
- 0:31running
- 0:31one
- 0:31of
- 0:31Britain's
- 0:32most,
- 0:32let's
- 0:32just
- 0:32say,
- 0:33distinctive
- 0:33specialty
- 0:34retailers.
- 0:35Tell
- 0:35us
- 0:35about
- 0:35yourself
- 0:36and
- 0:36also
- 0:36what
- 0:36drew
- 0:37you
- 0:37to
- 0:37Ann
- 0:37Summers.
- 0:38So
- 0:38can
- 0:39I
- 0:39just
- 0:39say,
- 0:39the
- 0:39very,
- 0:39very,
- 0:40very
- 0:40is
- 0:40making
- 0:40me
- 0:41feel
- 0:41very,
- 0:41very
- 0:42old.
- 0:42Oh,
- 0:43no,
- 0:43no,
- 0:43not
- 0:44intentional.
- 0:44Not
- 0:44intentional.
- 0:46I
- 0:46had
- 0:46somebody
- 0:47that
- 0:47was
- 0:47much
- 0:47younger
- 0:47than
- 0:47both
- 0:48of
- 0:48us
- 0:48on
- 0:48saying
- 0:48he's
- 0:49worked
- 0:49for
- 0:4925
- 0:49different
- 0:49retailers
- 0:50this
- 0:50morning.
- 0:51So,
- 0:51yes,
- 0:51you
- 0:52shouldn't
- 0:52feel
- 0:52that
- 0:52way
- 0:52at
- 0:52all.
- 0:53No,
- 0:53you
- 0:53shouldn't
- 0:53feel
- 0:53that
- 0:53way
- 0:54at
- 0:54all.
- 0:54As
- 0:54you
- 0:54pointed
- 0:55out,
- 0:55I've
- 0:55worked
- 0:55for
- 0:55a
- 0:56number
- 0:56of
- 0:56retailers,
- 0:57so
- 0:57my
- 0:57background
- 0:58has
- 0:58very
- 0:58much
- 0:58been
- 0:59in
- 0:59fashion,
- 1:00particularly
- 1:00in
- 1:00products.
- 1:01So
- 1:01buying
- 1:01a
- 1:02merchandising
- 1:02design,
- 1:03that's
- 1:03kind
- 1:03of,
- 1:04kind
- 1:04of
- 1:04really
- 1:05commercial
- 1:05background.
- 1:06And
- 1:06I'm
- 1:07very
- 1:07fortunate.
- 1:07I've
- 1:07worked
- 1:08in
- 1:08omnichannel
- 1:09retailers,
- 1:09pure
- 1:10players,
- 1:11big
- 1:11companies,
- 1:12small
- 1:12companies,
- 1:14department
- 1:14stores.
- 1:14So,
- 1:15yeah,
- 1:15you're
- 1:15right.
- 1:15It
- 1:15has
- 1:15been
- 1:15very
- 1:16varied.
- 1:16But
- 1:17variety
- 1:18is
- 1:18the
- 1:18spice
- 1:18of
- 1:19life.
- 1:19Right?
- 1:19Yeah.
- 1:20Right.
- 1:20And
- 1:21Ann
- 1:21Summers.
- 1:21Yeah.
- 1:22So
- 1:22I
- 1:23did
- 1:23a
- 1:23period
- 1:23of
- 1:24consulting.
- 1:24Okay.
- 1:25And
- 1:25one
- 1:26of
- 1:26my
- 1:26clients
- 1:26was
- 1:26Ann
- 1:27Summers.
- 1:28And
- 1:28I
- 1:28originally
- 1:29went
- 1:29there
- 1:29to
- 1:29do
- 1:30a
- 1:30six
- 1:30month
- 1:31consulting
- 1:32piece
- 1:33of
- 1:33work
- 1:34in
- 1:34the
- 1:35commercial
- 1:35aspect.
- 1:36So
- 1:36advising
- 1:37on
- 1:37products.
- 1:40And
- 1:40eight
- 1:40years
- 1:40later,
- 1:41really,
- 1:41that's
- 1:42how
- 1:42it
- 1:42happened.
- 1:42I'm
- 1:42now
- 1:42the
- 1:43CEO.
- 1:43Yeah.
- 1:43Wow.
- 1:44That's
- 1:44wild.
- 1:45Wow.
- 1:45What
- 1:45a
- 1:45great
- 1:45story.
- 1:46What
- 1:46a
- 1:46great
- 1:46story.
- 1:47And
- 1:47tell.
- 1:47Tell
- 1:47our
- 1:47audience
- 1:48back
- 1:48home
- 1:48too.
- 1:48Maybe
- 1:49that
- 1:49isn't
- 1:49as
- 1:49familiar
- 1:50back
- 1:50in
- 1:50the
- 1:50U.S.
- 1:51what
- 1:51is
- 1:51Ann
- 1:51Summers?
- 1:52What
- 1:52do
- 1:52you
- 1:52guys
- 1:52specialize
- 1:52in?
- 1:54So
- 1:54what
- 1:54do
- 1:54we
- 1:55specialize
- 1:55in?
- 1:56So
- 1:56I
- 1:56would
- 1:56say
- 1:57we
- 1:57specialize
- 1:57in
- 1:58lingerie
- 1:58and
- 1:59sexual
- 1:59pleasure.
- 2:00Okay.
- 2:00All
- 2:01right.
- 2:01All
- 2:01right.
- 2:02Well
- 2:02said.
- 2:02We
- 2:03like
- 2:03Candor
- 2:03at
- 2:03Omnitalk.
- 2:04Maria.
- 2:05We
- 2:05like
- 2:05candor
- 2:06at
- 2:06omnitalk.
- 2:06So,
- 2:07all
- 2:07right.
- 2:08You
- 2:08said
- 2:08recently
- 2:09and
- 2:10apologize,
- 2:10tell
- 2:10me
- 2:11if
- 2:11I
- 2:11get
- 2:11this
- 2:11quote
- 2:11right,
- 2:11but
- 2:11you
- 2:12said
- 2:12that
- 2:12Ann
- 2:12Summers
- 2:13had
- 2:13gotten
- 2:14a
- 2:14bit
- 2:14vanilla,
- 2:15so
- 2:15to
- 2:15speak.
- 2:15Is
- 2:16that
- 2:16true?
- 2:16That
- 2:17is
- 2:17true.
- 2:17And
- 2:17a
- 2:17lot
- 2:17of
- 2:18people
- 2:18have
- 2:18asked
- 2:18me
- 2:18about
- 2:19that.
- 2:19Have
- 2:19they
- 2:19really?
- 2:20That's
- 2:20so
- 2:21funny.
- 2:21I
- 2:22guess
- 2:22it's
- 2:22easy
- 2:22to
- 2:22do
- 2:22the
- 2:22research
- 2:23sometimes.
- 2:23But.
- 2:24But
- 2:25you
- 2:26know,
- 2:26you
- 2:26said.
- 2:26So
- 2:26why
- 2:26did
- 2:26you
- 2:27Say
- 2:27that.
- 2:27And
- 2:27you
- 2:28know,
- 2:28what
- 2:28was
- 2:29the
- 2:29key
- 2:29piece
- 2:29on
- 2:29why
- 2:30you
- 2:30did
- 2:30that
- 2:30and
- 2:30why
- 2:30were
- 2:30you
- 2:30so
- 2:31honest
- 2:31in
- 2:31that
- 2:31diagnosis?
- 2:32Okay,
- 2:32so
- 2:35Ann
- 2:35Summers
- 2:36is
- 2:36classified
- 2:37as
- 2:37an
- 2:37adult
- 2:37retailer
- 2:39and
- 2:39that
- 2:40causes
- 2:40us
- 2:40some
- 2:40problems,
- 2:42particularly
- 2:43with
- 2:43Google
- 2:43and
- 2:43Meta.
- 2:44So
- 2:44because
- 2:44we're
- 2:44an
- 2:44adult
- 2:45retailer,
- 2:46we
- 2:47get
- 2:47blocked
- 2:48by
- 2:48safe
- 2:48search.
- 2:49So
- 2:49if
- 2:49you
- 2:49are
- 2:49online
- 2:50searching
- 2:51on
- 2:51Google
- 2:52and
- 2:52you
- 2:52have
- 2:52safe
- 2:52search
- 2:53enabled,
- 2:53which
- 2:53I
- 2:53would
- 2:54say
- 2:54many
- 2:54people
- 2:55don't
- 2:55know
- 2:55that
- 2:55they
- 2:56have,
- 2:56and
- 2:56even
- 2:57if
- 2:57they
- 2:57do
- 2:57know
- 2:57that
- 2:58they
- 2:58have,
- 2:58they
- 2:58don't
- 2:58know
- 2:58how
- 2:58to
- 2:59disable
- 2:59it.
- 3:00But
- 3:00if
- 3:00you've
- 3:00got
- 3:00that
- 3:01enabled,
- 3:03you
- 3:03cannot
- 3:04discover
- 3:04Ann
- 3:04Summers.
- 3:05So
- 3:06we
- 3:06are
- 3:06hidden.
- 3:08And
- 3:08so
- 3:09you
- 3:09could
- 3:10Google
- 3:10for
- 3:10an
- 3:10Ann
- 3:10Summers
- 3:11product.
- 3:12I
- 3:12would
- 3:12not
- 3:13appear,
- 3:14but
- 3:15somebody,
- 3:16a
- 3:16third
- 3:16party
- 3:17that
- 3:17isn't
- 3:17classed
- 3:18as
- 3:18an
- 3:18adult
- 3:18retailer,
- 3:19that
- 3:19sells
- 3:19my
- 3:19product
- 3:20will
- 3:20appear
- 3:20with
- 3:20my
- 3:21product.
- 3:21Really?
- 3:21Yeah.
- 3:22Wow,
- 3:23that's
- 3:23Google.
- 3:24And
- 3:24then
- 3:24on
- 3:24Meta,
- 3:25I'm
- 3:25not
- 3:26allowed
- 3:26to
- 3:26advertise,
- 3:26so
- 3:27I
- 3:27do.
- 3:27We
- 3:27do
- 3:27have
- 3:28Instagram
- 3:28accounts,
- 3:29but
- 3:29I'm
- 3:29not
- 3:29allowed
- 3:30to
- 3:30advertise
- 3:30my
- 3:30product.
- 3:31This
- 3:31is
- 3:31all
- 3:32in,
- 3:32in
- 3:32the
- 3:33link
- 3:34to
- 3:34the
- 3:34Online
- 3:34Safety
- 3:35act
- 3:35and
- 3:35Protecting
- 3:36Minors,
- 3:36which
- 3:37I
- 3:37would
- 3:37say
- 3:37we've
- 3:37been
- 3:37doing
- 3:38this
- 3:38for
- 3:3850
- 3:38years
- 3:38and
- 3:39we've
- 3:39never
- 3:40targeted
- 3:40minors.
- 3:41Right.
- 3:42But
- 3:42yeah,
- 3:43that
- 3:43causes
- 3:43an
- 3:43issue.
- 3:44So
- 3:44the
- 3:45vanilla
- 3:45piece
- 3:45was.
- 3:46We
- 3:46were
- 3:46trying,
- 3:46I
- 3:47guess
- 3:47we've
- 3:48always.
- 3:48Been
- 3:48trying
- 3:48to
- 3:48work
- 3:49around
- 3:49it.
- 3:49We
- 3:49are
- 3:49so.
- 3:50We,
- 3:50we
- 3:50are
- 3:50a
- 3:51very
- 3:51bold
- 3:51brand
- 3:52and,
- 3:53you
- 3:53know,
- 3:53we've.
- 3:53We
- 3:54are
- 3:54renowned
- 3:55for
- 3:55pushing
- 3:55boundaries,
- 3:56breaking
- 3:56taboos,
- 3:57but
- 3:58we
- 3:58thought
- 3:58in
- 3:58our
- 3:59wisdom,
- 3:59well,
- 3:59if
- 3:59we
- 3:59tone
- 4:00it
- 4:00down
- 4:00a
- 4:00little
- 4:00bit
- 4:01and
- 4:01we're
- 4:01less
- 4:02overt
- 4:02about
- 4:02this
- 4:03stuff,
- 4:03maybe
- 4:05these
- 4:05big
- 4:05tech
- 4:06companies
- 4:06might
- 4:06be
- 4:06a
- 4:07bit
- 4:07more
- 4:07lenient
- 4:07on
- 4:07us.
- 4:08So
- 4:08we
- 4:08did
- 4:08do
- 4:08that.
- 4:08We
- 4:09went,
- 4:09we
- 4:09went
- 4:10less
- 4:10success
- 4:11than
- 4:12what
- 4:12we
- 4:12have
- 4:13historically
- 4:13been.
- 4:13Okay.
- 4:14It
- 4:14didn't
- 4:15make
- 4:15a
- 4:15blind
- 4:15bit
- 4:15of
- 4:16difference,
- 4:16so.
- 4:17And
- 4:17actually
- 4:17sounds
- 4:18like
- 4:18it
- 4:18was
- 4:18deleterious
- 4:19in
- 4:19a
- 4:19lot
- 4:19of
- 4:19ways.
- 4:19It
- 4:20was,
- 4:20because
- 4:20I
- 4:20think
- 4:20we
- 4:21really
- 4:21confused
- 4:21our
- 4:21consumer
- 4:22and
- 4:23we
- 4:23saw
- 4:24that
- 4:24reflected
- 4:24in
- 4:24our
- 4:24performance.
- 4:25And
- 4:26so
- 4:27big
- 4:27intake,
- 4:28sharp
- 4:28intake
- 4:29of
- 4:29breath
- 4:29and
- 4:29a
- 4:29bit
- 4:29of
- 4:29a
- 4:30reset.
- 4:30And
- 4:30actually
- 4:31we're
- 4:32like,
- 4:32why
- 4:32are
- 4:33we
- 4:33pretending
- 4:33to
- 4:33be
- 4:33something
- 4:34we're
- 4:34not?
- 4:34People
- 4:36excuse
- 4:36how
- 4:36I
- 4:36put
- 4:36this,
- 4:37but
- 4:37if
- 4:37you
- 4:37come
- 4:37into
- 4:38an
- 4:38Summers,
- 4:38you're
- 4:39coming
- 4:39up
- 4:39with
- 4:39one
- 4:39thing
- 4:40on
- 4:40your
- 4:40mind,
- 4:42so
- 4:42let's
- 4:43embrace
- 4:43that.
- 4:44Right?
- 4:44Yeah,
- 4:44Right.
- 4:44Right.
- 4:45How
- 4:45did
- 4:45you,
- 4:45how
- 4:45did
- 4:46you.
- 4:46How
- 4:47did
- 4:47you
- 4:47notice
- 4:47that?
- 4:48I
- 4:48mean,
- 4:48because
- 4:48it
- 4:48tastes.
- 4:49It
- 4:49takes
- 4:49guts
- 4:49to
- 4:50make
- 4:50that
- 4:50call.
- 4:50The
- 4:51performance.
- 4:51It
- 4:51was
- 4:52just
- 4:52that
- 4:52clear.
- 4:52But
- 4:53how
- 4:53do
- 4:53you
- 4:53attribute
- 4:53it,
- 4:53the
- 4:54performance,
- 4:54to
- 4:54that?
- 4:55Because
- 4:55performance
- 4:55can,
- 4:56you
- 4:56know,
- 4:56be
- 4:56attributed
- 4:57to
- 4:57a
- 4:57lot
- 4:57of
- 4:57things.
- 4:57It
- 4:58can
- 4:58be,
- 4:58but
- 4:58I
- 4:59guess
- 5:00we
- 5:00just
- 5:01weren't
- 5:01getting.
- 5:02You
- 5:02just
- 5:02felt
- 5:03it
- 5:03as
- 5:03a
- 5:03merchant
- 5:03in
- 5:03you.
- 5:04Yeah,
- 5:04I
- 5:04mean
- 5:04you
- 5:04have
- 5:04a
- 5:05merchant
- 5:05background.
- 5:06Sometimes
- 5:06it
- 5:06got.
- 5:06And
- 5:07actually
- 5:07we
- 5:08had
- 5:08a
- 5:08whole
- 5:08shake
- 5:09up
- 5:09of
- 5:09what
- 5:09we
- 5:09did
- 5:10in
- 5:10terms
- 5:10of
- 5:10our
- 5:10creative
- 5:11and
- 5:12we
- 5:12were
- 5:12like,
- 5:12let's
- 5:13go
- 5:13back
- 5:13to
- 5:14what
- 5:14we're
- 5:15really
- 5:15good
- 5:15at.
- 5:16And
- 5:17the
- 5:17performance
- 5:17came
- 5:18back.
- 5:18Yeah,
- 5:18right,
- 5:18right.
- 5:19So
- 5:19I'm
- 5:19curious
- 5:20too,
- 5:20because
- 5:20you
- 5:20mentioned
- 5:21it,
- 5:21like,
- 5:21how
- 5:21has.
- 5:22Beyond
- 5:22this
- 5:23issue
- 5:23too,
- 5:23let's
- 5:23talk
- 5:24maybe
- 5:24social
- 5:24media
- 5:25more
- 5:25broadly.
- 5:26How
- 5:26has
- 5:26social
- 5:27media
- 5:27played
- 5:28or
- 5:28continued?
- 5:29How
- 5:29does
- 5:29it
- 5:29continue
- 5:29to
- 5:30play
- 5:30into
- 5:30your
- 5:30overall
- 5:31strategy
- 5:31in
- 5:31terms
- 5:31of
- 5:32how
- 5:32you
- 5:32position
- 5:32the
- 5:32brand?
- 5:33So
- 5:34as
- 5:35I
- 5:35said,
- 5:35we
- 5:35do
- 5:35have
- 5:35some
- 5:36issues
- 5:36around
- 5:36it.
- 5:36We
- 5:37are
- 5:37censored
- 5:37to
- 5:37a
- 5:37degree,
- 5:38but
- 5:38it
- 5:38is
- 5:38still
- 5:38a
- 5:38really
- 5:39important
- 5:39part
- 5:40of
- 5:40our
- 5:40strategy.
- 5:41So,
- 5:41you
- 5:42know,
- 5:43it
- 5:43does
- 5:45portrays
- 5:45in
- 5:45perhaps
- 5:46a
- 5:46different
- 5:46way
- 5:46to
- 5:46our
- 5:46store
- 5:47environment,
- 5:47to
- 5:47a
- 5:48younger,
- 5:48digital
- 5:48savvy
- 5:49consumer.
- 5:50But
- 5:51the
- 5:51way
- 5:51we
- 5:52get
- 5:52around
- 5:52this
- 5:52kind
- 5:53of
- 5:54being
- 5:54hidden
- 5:54is
- 5:55we
- 5:55work
- 5:56with
- 5:56a
- 5:56lot
- 5:56of
- 5:56influencers
- 5:58who
- 5:58then
- 5:58broadcast
- 5:59us
- 5:59on
- 5:59their
- 5:59channel.
- 6:00Okay.
- 6:01So
- 6:01it's
- 6:01kind
- 6:01of
- 6:02like
- 6:02using
- 6:02both
- 6:03avenues
- 6:03really.
- 6:03So
- 6:04it
- 6:04is,
- 6:04that
- 6:04is
- 6:04a
- 6:05really
- 6:05important
- 6:05part
- 6:06for
- 6:06us
- 6:06to
- 6:06get
- 6:06into
- 6:07in
- 6:07front
- 6:08of
- 6:08a
- 6:08younger
- 6:09consumer
- 6:09that
- 6:09perhaps
- 6:10isn't
- 6:10so
- 6:10aware
- 6:11of
- 6:11us.
- 6:11Got
- 6:11it
- 6:11through
- 6:11like
- 6:11an
- 6:12affiliate
- 6:12structure
- 6:12then.
- 6:13Yeah,
- 6:13that's
- 6:13how
- 6:13you
- 6:13guys
- 6:14do
- 6:14it.
- 6:14Okay.
- 6:15You
- 6:15know,
- 6:15in
- 6:15a
- 6:15similar
- 6:15vein,
- 6:17I'm
- 6:17curious,
- 6:17how
- 6:17then
- 6:18are
- 6:18you
- 6:18evaluating
- 6:19the
- 6:19application
- 6:20of
- 6:20generative
- 6:20AI
- 6:21to
- 6:21your
- 6:21business?
- 6:22And
- 6:22how
- 6:22does,
- 6:23how
- 6:23does
- 6:23that
- 6:23impact,
- 6:24like
- 6:24what,
- 6:24what
- 6:24happens
- 6:25in
- 6:25the
- 6:25search
- 6:25world
- 6:25in
- 6:26that
- 6:26realm?
- 6:26I
- 6:26mean,
- 6:27that's
- 6:27a
- 6:27whole
- 6:27next
- 6:27level
- 6:28question
- 6:29in
- 6:29terms
- 6:29of
- 6:29what
- 6:30you've
- 6:30got
- 6:30to
- 6:30be
- 6:30thinking
- 6:30about.
- 6:31Right?
- 6:31We
- 6:31are.
- 6:32And
- 6:32I
- 6:32guess
- 6:33as
- 6:33a
- 6:33business
- 6:34we're
- 6:34very
- 6:34much
- 6:34in
- 6:34a
- 6:34kind
- 6:34of
- 6:35test
- 6:35and
- 6:35learn
- 6:36space
- 6:36on
- 6:37all
- 6:37that
- 6:37AI
- 6:38piece.
- 6:39So
- 6:39we
- 6:39are,
- 6:39we
- 6:40are
- 6:40dabbling
- 6:41with
- 6:41it.
- 6:41So
- 6:42some
- 6:42of
- 6:42the
- 6:43things
- 6:43we're
- 6:43doing
- 6:43is
- 6:44we're
- 6:44using
- 6:44Claude
- 6:46for
- 6:48ideation
- 6:49within
- 6:49our
- 6:49marketing
- 6:50team.
- 6:50Okay.
- 6:51We
- 6:51are,
- 6:52we're
- 6:53using
- 6:54AI
- 6:54for
- 6:55product
- 6:55copy.
- 6:56That's
- 6:57been,
- 6:57that
- 6:58has
- 6:58been
- 6:58a
- 6:58test
- 6:58that's
- 6:58worked
- 6:59pretty
- 6:59well
- 6:59for
- 6:59us.
- 7:01So
- 7:01yeah,
- 7:01we
- 7:01are,
- 7:02we're
- 7:02dabbling,
- 7:02I
- 7:03would
- 7:03say.
- 7:03Okay.
- 7:04But
- 7:05as
- 7:05you
- 7:06point
- 7:06out,
- 7:07that
- 7:07is
- 7:07still
- 7:07a
- 7:08bit
- 7:08problematic.
- 7:08So
- 7:09LLMs
- 7:10don't
- 7:10really
- 7:10like
- 7:10talking
- 7:11about
- 7:11sex.
- 7:12So
- 7:12all
- 7:12of
- 7:12the
- 7:12restrictions
- 7:13that
- 7:13we
- 7:13have
- 7:13with
- 7:13Google,
- 7:14we're
- 7:14currently
- 7:14finding
- 7:15similar
- 7:15issues
- 7:16with
- 7:16LLMs.
- 7:17Really?
- 7:17And
- 7:17are
- 7:17they
- 7:17similar
- 7:18or
- 7:18are
- 7:18they
- 7:18even
- 7:18more
- 7:18amplified?
- 7:19Similar,
- 7:20I
- 7:20would
- 7:20say,
- 7:20but
- 7:20they
- 7:20similar.
- 7:21Okay,
- 7:21well
- 7:22that's
- 7:22really
- 7:23interesting
- 7:23to
- 7:23know.
- 7:24All
- 7:24right,
- 7:24so
- 7:27you've
- 7:27also
- 7:28spoken
- 7:29about
- 7:29how
- 7:29you
- 7:29plan
- 7:29to
- 7:29explore
- 7:31further
- 7:32expansion
- 7:32in
- 7:32the
- 7:32EU
- 7:33as
- 7:33Well
- 7:33as
- 7:33potentially
- 7:34the
- 7:34US
- 7:34as
- 7:35future
- 7:35markets.
- 7:35So
- 7:36how
- 7:36are
- 7:36you
- 7:36looking
- 7:36at
- 7:37international
- 7:37expansion?
- 7:38So
- 7:39our
- 7:39international
- 7:39expansion.
- 7:39So
- 7:40we
- 7:40are
- 7:41probably
- 7:4199%
- 7:42of
- 7:42our
- 7:43sales
- 7:43are
- 7:43in
- 7:43the
- 7:43UK
- 7:44so
- 7:44we've
- 7:44got
- 7:44off
- 7:44the
- 7:44charts
- 7:45brands
- 7:45awareness.
- 7:47Last
- 7:47year
- 7:47we
- 7:47opened
- 7:48up
- 7:48in
- 7:48the
- 7:48Middle
- 7:48East.
- 7:49Okay.
- 7:49That
- 7:49was
- 7:50going
- 7:50really
- 7:50well.
- 7:51Yeah.
- 7:54Mic
- 7:55drop.
- 7:55Well,
- 7:55yeah.
- 7:56With
- 7:56your
- 7:56own
- 7:57stores
- 7:57or
- 7:57through
- 7:57like
- 7:57a
- 7:57license
- 7:58franchise
- 7:59approach.
- 7:59Okay.
- 8:00Although
- 8:00yes.
- 8:01The
- 8:01biggest
- 8:02problem
- 8:02for
- 8:02us
- 8:02is
- 8:02actually
- 8:03obviously
- 8:04football
- 8:04has
- 8:04dropped
- 8:05there
- 8:05but
- 8:05I'm
- 8:06told
- 8:06that
- 8:06it's
- 8:06a
- 8:07bit
- 8:07of
- 8:07a.
- 8:07What
- 8:07they're
- 8:07seeing
- 8:08in
- 8:08the
- 8:08Middle
- 8:08east
- 8:08is
- 8:09a
- 8:09little
- 8:09bit
- 8:09like
- 8:09the
- 8:09COVID
- 8:10impact.
- 8:10Yeah.
- 8:11Actually
- 8:11lingerie
- 8:11as
- 8:12a
- 8:12category
- 8:12is
- 8:12standing
- 8:13up
- 8:13pretty
- 8:13well
- 8:14comparatively.
- 8:15Yeah.
- 8:15Right.
- 8:15Well
- 8:16you've
- 8:16got
- 8:16some
- 8:16built
- 8:16in
- 8:16comp
- 8:17growth
- 8:17there
- 8:17down
- 8:17the
- 8:18road
- 8:18at
- 8:18some
- 8:18point.
- 8:18Right,
- 8:19Absolutely.
- 8:20And
- 8:21I
- 8:21guess
- 8:21the
- 8:21biggest
- 8:22problem
- 8:22was
- 8:22it's
- 8:22actually
- 8:22getting
- 8:22the
- 8:23stock
- 8:23to
- 8:23them
- 8:23at
- 8:23the
- 8:23moment.
- 8:24Right,
- 8:24right.
- 8:25So
- 8:25the
- 8:25Middle
- 8:26east
- 8:26was
- 8:26our
- 8:26first
- 8:26foray.
- 8:27We
- 8:27are
- 8:28looking
- 8:28at
- 8:28eu
- 8:29so
- 8:29I
- 8:29mean
- 8:29that's
- 8:29on
- 8:30our
- 8:30doorstep.
- 8:31I
- 8:31think
- 8:32we're
- 8:33trying
- 8:33to
- 8:33navigate.
- 8:34I
- 8:34think
- 8:34it's
- 8:34really
- 8:34hard
- 8:34to
- 8:35globalize
- 8:35brands
- 8:36now.
- 8:36Yeah.
- 8:36You
- 8:36know
- 8:37we're
- 8:37not
- 8:37part
- 8:37of
- 8:37it.
- 8:38We're
- 8:38not
- 8:38part
- 8:38of
- 8:38the
- 8:38eu.
- 8:39Brexit
- 8:39was,
- 8:39that
- 8:39was
- 8:40a
- 8:40nice
- 8:40little
- 8:41present
- 8:41for
- 8:41Brexit.
- 8:41So
- 8:42that
- 8:42makes
- 8:42it
- 8:42harder
- 8:43for
- 8:43us
- 8:43to
- 8:43trade.
- 8:44You
- 8:44know
- 8:44they're
- 8:44bringing
- 8:45in
- 8:46duty
- 8:47charges
- 8:48that
- 8:48make
- 8:49it
- 8:49prohibitive
- 8:49when
- 8:49you've
- 8:50got
- 8:50a
- 8:50low
- 8:51ASP
- 8:51product
- 8:52which
- 8:52we
- 8:52have.
- 8:52And
- 8:53then
- 8:53obviously
- 8:53in
- 8:53the
- 8:53US
- 8:53US
- 8:54is
- 8:54a
- 8:54notoriously
- 8:55difficult
- 8:55market
- 8:55to,
- 8:56to,
- 8:57to
- 8:58penetrate
- 8:58and
- 8:59we
- 8:59are,
- 8:59you
- 8:59know,
- 8:59you've
- 8:59got
- 8:59to
- 9:00be
- 9:00not
- 9:00quite
- 9:00noisy
- 9:01there
- 9:01and
- 9:02obviously
- 9:02there's
- 9:02tariffs
- 9:03associated
- 9:03with
- 9:03that.
- 9:04So
- 9:04I
- 9:04think
- 9:04our
- 9:04priority
- 9:05is
- 9:05what
- 9:06it
- 9:06is
- 9:06E
- 9:07at
- 9:07the
- 9:07moment.
- 9:07But
- 9:07we'll
- 9:08do
- 9:08that
- 9:08from
- 9:08a
- 9:08digital
- 9:08aspect
- 9:09as
- 9:09opposed
- 9:09to
- 9:10physical.
- 9:10You
- 9:10will,
- 9:10you'll
- 9:11take
- 9:11the
- 9:11digital
- 9:11approach.
- 9:12And
- 9:12what
- 9:12does
- 9:12the
- 9:12digital
- 9:13approach
- 9:13afford
- 9:13you
- 9:13to
- 9:13do,
- 9:14you
- 9:14know,
- 9:14versus
- 9:15going,
- 9:15you
- 9:16know,
- 9:16all
- 9:16in?
- 9:16Well,
- 9:17we
- 9:17can,
- 9:17we
- 9:17can
- 9:17start
- 9:18off
- 9:18by
- 9:18shipping
- 9:19cross
- 9:19border.
- 9:19Okay.
- 9:20As
- 9:20opposed
- 9:21to
- 9:21having
- 9:21to
- 9:21put
- 9:21physically
- 9:22put
- 9:22stock
- 9:22in
- 9:22the
- 9:23market
- 9:23which
- 9:23is
- 9:23ultimately
- 9:24what
- 9:24we
- 9:24want
- 9:24to
- 9:24do.
- 9:25But
- 9:25I
- 9:25think
- 9:25we
- 9:25need
- 9:25to
- 9:25really
- 9:26understand
- 9:27what
- 9:28sells
- 9:28there
- 9:29really
- 9:29to
- 9:29make
- 9:29sure
- 9:29we've
- 9:30got
- 9:30the
- 9:30right
- 9:30stock
- 9:30profile.
- 9:30Yeah.
- 9:31It
- 9:31gives
- 9:31you
- 9:31ability
- 9:31to
- 9:32test
- 9:32and
- 9:32learn
- 9:32your
- 9:32way
- 9:32into
- 9:32a
- 9:33market
- 9:33before
- 9:33you
- 9:33over
- 9:33commit.
- 9:34Right,
- 9:34that's.
- 9:34Yeah,
- 9:35that's
- 9:35very,
- 9:36very
- 9:36smartly
- 9:36done.
- 9:37All
- 9:37right,
- 9:37so
- 9:37net
- 9:38net,
- 9:38you've
- 9:38led
- 9:38this,
- 9:39you've
- 9:39led
- 9:39this
- 9:39business
- 9:40through
- 9:40a
- 9:40pandemic,
- 9:40a
- 9:41cost
- 9:41of
- 9:41living
- 9:41crisis.
- 9:42Now
- 9:42you've
- 9:42got
- 9:42a
- 9:42crisis
- 9:42in
- 9:43the
- 9:43Middle
- 9:43east
- 9:43too.
- 9:44You
- 9:44know,
- 9:44like
- 9:44that's
- 9:45like
- 9:45three
- 9:45black
- 9:45swan
- 9:46events
- 9:46right
- 9:46there,
- 9:47you
- 9:47know,
- 9:47all
- 9:48in
- 9:48the.
- 9:48Well,
- 9:48you
- 9:48said
- 9:49seven
- 9:49years.
- 9:49You've
- 9:49been
- 9:50roughly
- 9:50in
- 9:50the
- 9:50job.
- 9:50Seven,
- 9:51eight
- 9:51years.
- 9:51Seven,
- 9:51eight
- 9:51years.
- 9:52Okay,
- 9:53what's
- 9:53the
- 9:54one
- 9:54lesson
- 9:54from
- 9:55all
- 9:55of
- 9:56that
- 9:56that
- 9:56you've.
- 9:57Well,
- 9:57I'll
- 9:57say
- 9:57endured,
- 9:58for
- 9:58lack
- 9:58of
- 9:58a
- 9:58better
- 9:58word,
- 9:59endured
- 9:59over
- 9:59the
- 9:59seven
- 10:00years
- 10:00that
- 10:00you'd
- 10:01want
- 10:01another
- 10:01CEO
- 10:02in
- 10:02a
- 10:02similar
- 10:02position
- 10:03to
- 10:03yours
- 10:03to
- 10:03here?
- 10:05I
- 10:05would
- 10:05say
- 10:06the
- 10:06number
- 10:06one
- 10:06thing
- 10:07is
- 10:07be
- 10:07brave.
- 10:08Right.
- 10:08And
- 10:09don't
- 10:09shy
- 10:09away
- 10:09from
- 10:10making
- 10:10difficult
- 10:10decisions.
- 10:11Yeah,
- 10:11I
- 10:11had
- 10:11a
- 10:12feeling.
- 10:12Just
- 10:12get
- 10:12on
- 10:12with
- 10:12it.
- 10:12I
- 10:13had
- 10:13a
- 10:13feeling
- 10:13you
- 10:13said
- 10:13that.
- 10:13And
- 10:14is
- 10:14that.
- 10:14Is
- 10:14that
- 10:15captured
- 10:15in
- 10:15what
- 10:16we
- 10:16talked
- 10:16about
- 10:16in
- 10:16terms
- 10:16of
- 10:16the
- 10:16brand
- 10:17positioning,
- 10:17or
- 10:17is
- 10:17it
- 10:18in
- 10:18general,
- 10:18in
- 10:18terms
- 10:19of
- 10:19how
- 10:19you
- 10:19lead
- 10:19in
- 10:19your
- 10:19leadership
- 10:20style?
- 10:20I
- 10:20think
- 10:21in
- 10:21general.
- 10:21Okay.
- 10:22Yeah.
- 10:22Yeah.
- 10:22You
- 10:22know,
- 10:24I.
- 10:25I
- 10:25have
- 10:25been
- 10:25guilty
- 10:26of
- 10:26perhaps
- 10:26not
- 10:27making
- 10:27some
- 10:28decisions
- 10:28as.
- 10:28Perhaps
- 10:29as
- 10:29quick
- 10:29as
- 10:29I
- 10:29should
- 10:29do
- 10:29and
- 10:30then
- 10:30look
- 10:30back
- 10:30and
- 10:31gone,
- 10:31why
- 10:31didn't
- 10:31I
- 10:31do
- 10:31that
- 10:32ages
- 10:32ago?
- 10:33So,
- 10:33you
- 10:34know,
- 10:34sometimes
- 10:34it
- 10:34just.
- 10:35You
- 10:35need
- 10:35a
- 10:35leap
- 10:35of
- 10:35faith.
- 10:36It's
- 10:37funny,
- 10:37I
- 10:37had
- 10:37a
- 10:37boss
- 10:37once
- 10:38told
- 10:38me
- 10:38that
- 10:38every
- 10:39decision
- 10:39I
- 10:39could
- 10:39make
- 10:39faster.
- 10:40That's
- 10:40my
- 10:40biggest
- 10:40regret.
- 10:41You
- 10:41agree
- 10:41with
- 10:41that?
- 10:42I
- 10:42totally
- 10:42agree
- 10:42with
- 10:42that.
- 10:42You
- 10:42agree
- 10:43with
- 10:43that?
- 10:43Yeah.
- 10:43Awesome.
- 10:44Awesome.
- 10:45Well,
- 10:45Maria
- 10:45Hans,
- 10:45thank
- 10:46you
- 10:46so
- 10:46much
- 10:46for
- 10:46joining
- 10:46me,
- 10:47the
- 10:47CEO
- 10:47of
- 10:47anselmivers.
- 10:48This
- 10:48was
- 10:48a
- 10:48real
- 10:48pleasure.
- 10:48I
- 10:49really
- 10:49enjoyed
- 10:49this
- 10:49conversation.
- 10:50Thank
- 10:50you.
- 10:50Thank
- 10:51you
- 10:51so
- 10:51much.
- 10:51Thanks
- 10:52to
- 10:52Vuzion
- 10:52and
- 10:53the
- 10:53Retail
- 10:53Technology
- 10:53show
- 10:54for
- 10:54helping
- 10:54us
- 10:55bring
- 10:55you
- 10:55all
- 10:56this
- 10:56wonderful
- 10:56content
- 10:57each
- 10:57and
- 10:57every
- 10:58day
- 10:58of
- 10:58this
- 10:58conference.
- 10:59And
- 10:59as
- 10:59always,
- 10:59on
- 11:00behalf
- 11:00of
- 11:00all
- 11:00of
- 11:00us
- 11:00at
- 11:01omnitalk,
- 11:01be
- 11:02careful
- 11:02out
- 11:02there.