Conversations from Shoptalk Europe: Retail Refined meets with Christoffer Sellin from COS

Shoptalk Europe 2023 brought the technologies and channels driving the future of retail into a clear perspective. This year’s annual event from May 9-11 in Barcelona allowed Retail Refined’s Melissa Gonzalez to sit down with key stakeholders making a difference in the market. COS (Collection of Style) is a European fashion brand doing innovative things in the space. Gonzalez spent some time with Christoffer Sellin, Managing Director, Europe for COS. Sellin shared insights into COS’s strategy, including their use of technology to bridge the digital and physical store experience and their vision for an enhanced, seamless customer journey.

At the forefront of their innovation strategy is Smart Store, a technological concept that integrates digital and physical store experiences. Sellin explained how Smart Store has already rolled out in the US, including a COS Smart Store in Beverly Hills, and is on the verge of being implemented in their European stores.  This concept should fare well with consumers seeking more meaningful and holistic shopping experiences.

Equipped with RFID readers installed in ceilings, COS stores achieve full stock transparency, enhancing customer service and the overall experience. Sellin expressed his optimism for Smart Store, as it has the potential to offer detailed insights, from understanding customers’ preferences to improving merchandising and design decisions based on data from in-store conversions.

During their Shoptalk Europe discussion, Gonzalez and Sellin cover the following:

  • Introduction of the SmartStore by COS Group
  • Data-Driven Decision Making and Personalization
  • Collaborative Rollout across Stakeholders

Reflecting on the US rollout, Sellin noted that “The Smart Store has been well-received by customers. Its most notable contribution is the confidence it instills in sales associates, leading to more meaningful interactions and improved sales figures.”

A key aspect of Smart Store’s influence is its impact on merchandising. With RFID readers installed even in fitting rooms, customers can instantly see their chosen items on smart mirrors or tablets in the fitting room. This feature, Sellin suggested, can drive additional sales and provide valuable insights about the difference between items tried on versus items sold.

About Christoffer:

Christoffer Sellin is an experienced Managing Director with solid results and a leadership track record from many years based in 6 different markets for the family-owned H&M group with a vast knowledge of the entire product flow with roles in Production, Buying, and Selling.

He holds a master’s degree in international business from Jönköping International Business School with university studies at Harvard, The Indian Institute of Management, and Auckland University of Technology.

 

Follow us on social media for the latest updates in B2B!

Image

Latest

grocery prices
Grocery Retailers Need to Adopt Adaptive Supply Chain Strategies to Stabilize Rising Grocery Prices
April 26, 2024

As recent reports highlight a cooling in overall inflation rates, the grocery sector tells a different story. Over the past three years, grocery prices have surged by 21%, outpacing the general inflation rate of 18% during the same period. This divergence is particularly pronounced in certain food items, where price increases have reached as […]

Read More
Cybersecurity Challenges in healthcare
Old Systems are Creating Cybersecurity Challenges for Healthcare Orgs
April 26, 2024

Healthcare organizations face significant hurdles in maintaining strong and secure cybersecurity measures as tech evolves. Some of that is due to aging network infrastructures and high costs of essential software, which have created complex cybersecurity challenges. As healthcare continues to rely increasingly on digital solutions for patient care, the stakes for securing these systems […]

Read More
cybersecurity challenges
Healthcare Providers Must Combine Zero Trust Architecture and Threat Modeling to Address Cybersecurity Challenges
April 26, 2024

In today’s increasingly digital world, the healthcare sector faces significant cybersecurity challenges, necessitating urgent and sophisticated responses. The recent draft guidance issued by the FDA on cybersecurity for medical devices highlights a critical juncture for the industry: the need to implement and scale best practices in cybersecurity is more pressing than ever. As healthcare […]

Read More
New Penalties is a Push to Mitigate Cybersecurity Threats in Telecommunications and Healthcare
April 26, 2024

Cybersecurity has emerged as a critical issue in telecommunications and healthcare—two industries intertwined as essential services. With both sectors recognized as critical infrastructure, the consequences of cyber attacks can be far-reaching, impacting everything from individual privacy to national security. While recent regulatory changes are aiming to tighten security protocols, it also raises questions about […]

Read More