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đ âGummy-weenâ â Chocolateâs Napoleonic moment. Uniqloâs 75/50 strategy. Plumbing & AC millionaires.
Oct 21, 2024
This week, gummies take center stage as candy companies pivot away from chocolate due to record-high prices. Uniqlo shares its secret to success with a unique pricing strategy that's turning heads in fast fashion. Meanwhile, the booming plumbing and HVAC industries are attracting serious entrepreneurial talent, proving that blue-collar success is on the rise. Plus, insights into how AI can enhance team communication, and a listenerâs brilliant idea that combines travel services into one app stir excitement!
21:16
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Quick takeaways
- The shift from chocolate to gummy candies this Halloween highlights how historical events can influence modern consumer trends and product offerings.
- Uniqlo's successful 75/50 strategy emphasizes providing high-quality essentials at affordable prices, redefining standards within the fast-fashion industry.
Deep dives
Changing Halloween Candy Trends
This Halloween is marked by a significant shift in candy offerings, with a noticeable decrease in chocolate products and a rise in gummy candies. The chocolate shortage is influenced by skyrocketing cocoa prices driven by reduced harvests due to weather conditions in West Africa. As companies adapt to this shortage, many are turning to gummy alternatives and nuts rather than chocolate, with even traditional brands like Hershey introducing gummy products. Interestingly, this trend can be traced back to the early 1800s when Napoleon's blockade led Northern Italians to mix hazelnuts with the little chocolate they could access, highlighting how historical circumstances can reshape industries.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode