Rhiannon Leila, founder and CEO of Flame and Arrow, LLC (Photo provided by Rhiannon Leila)

COVID-19 to Accelerate Female Entrepreneurship

The coronavirus pandemic has created a great opportunity for many women to start the business they had always wanted and its “snowball effect” will inspire more female founders to take the leap and begin their entrepreneurial journeys, says an expert.   “We are seeing a massive influx of women trying to start their businesses, having…

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COVID-19: $1 Trillion Loss Could Set Global Tourism Industry Back 20 Years

The economic damage to the global tourism sector as a result of the coronavirus pandemic is likely to exceed $1 trillion this year, which would set the industry back two decades, according to a new report from the United Nations. “Depending on when travel restrictions will be fully lifted, the World Tourism Organization expects international…

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Shared Mobility Poised to Make a Comeback After COVID-19

The shared mobility industry has very quickly lost both passengers and profits as a result of the coronavirus outbreak but it can make a strong comeback with the right strategies, says McKinsey & Company.   “Consumers are indeed wary of shared mobility, given the risk of viral infection, and mobility-service providers (MSPs) must take decisive…

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Ending COVID-19 Lockdowns Not Enough for Economic Rebound: Report

Lifting coronavirus lockdown restrictions may not by itself be sufficient to restore confidence or growth and economic recovery will start only when the pandemic is under control, according to McKinsey & Company. “The evidence heavily suggests that a multifaceted public-health response that goes well beyond a simple transient lockdown is a necessary first step to…

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10 Cross-Industry Trends Being Escalated by COVID-19

Some trends looked years away from the mainstream before the COVID-19 pandemic but are now suddenly seeing accelerated mass adoption. Analysis by TrendWatching—a consumer trend-watching firm—shows that the following 10 emerging consumer trends offer powerful early signals of what people will value and their priorities in a post-coronavirus world.   1- Virtual Experience Economy The…

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Six Imperatives to Thrive in Asia-Pacific’s Retail Future

Asia-Pacific will remain the retail industry’s growth engine in the post-corona world. Retailers need to prioritize action in several key areas if they want to gain a sustainable edge over rivals, analysts from consulting firm Bain said in a recent report. According to the report titled “The Future of Retail in Asia-Pacific: How to Thrive…

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