Page 35 - Sep-Oct 2021
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are firm believers in our concept and that this idea can and will be
           the future of retail.”
            Following  the  latest  set  of  lockdowns,  the  store  reopened
           last  month  and  the  company  have  been  busy  incorporating  new
           initiatives to drive traction at a time when tourism, a trademark of
           Berlin retail, has been severely hit by Covid-19 restrictions.
            One  of  the  things  they  have  implemented  for  summer  is  the   Cycles, has brought to market electric bikes and The Latest was the
           installation of the first digital beer draft machine in cooperation with   first store in Germany to have the bikes on show.
           BROY in Berlin. So a customer can simply come in with a QR code,   Each  product  in  the  store  has  its  own  space  and  its  own  story
           scan this and then begin pouring their own beer and pay for it per   and with the focus being on the customer and offering them a great
           millilitre poured. Beer is a big part of the culture in Germany so this   experience with each product with knowledgeable staff, it is this mix
           is just one example of what the brand is doing to entice customers   that Nunes feels makes The Latest stand out from the crowd of retail
           into the store.                                     stores and what will help it become the store of the future.
            With  the  store  in  Germany  launching  nine  months  ago  now,   When  looking  to  the  future  of  the  company,  Nunes  feels  that
           thoughts have inevitably begun to turn to where they would like to   obviously Covid-19 is still going to be a challenge to overcome, whether
           go next, and Nunes says that the UK is the next spot they would   this  is  in  the  form  of  more  lockdowns  in  Germany  or  in  reduced
           like to set-up shop in.                             customer numbers because of restrictions. The other is the cost of
            “In the short term we would like to expand to the UK definitely,   opening stores and attempting to explain the concept of The Latest to
           in fact I already have a team working and searching for the best site   a global audience.
           in the UK, speaking with landlords this sort of thing. AVANTGARDE   “We are a place for a community of people that are looking for the
           has some sites in the UK so it is a market we already know well and   newest products and what we offer is the chance for people to come
           we are excited to launch a store here in the future.”  to our store, to have a great experience and try and test and touch all
            Longer term, the company doesn’t want to be opening 200 to   these products with interaction with our well-trained staff, and then if
           300 stores just for the sake of expansion, instead they are targeting   they decide to purchase the product all of the revenue goes back to the
           a limited number of stores in key retail markets around the globe in   retailer, that is what we are here to facilitate and we look forward to
           sites such as New York, Tokyo, Sao Paulo and Shanghai.  growing the concept in the coming years,” concludes Nunes.
            “We want to open stores in locations that will reach the most
           people,  make  The  Latest  a  world  platform  for  product launches,   BROY Corner The Latest Store, Berlin, Germany
           and help sell the idea of The Latest and explain the added value of
           what we offer. So in the next two to three years we will focus on
           opening locations in the biggest metropolises around the world,”
           says Nunes.
            The  Latest  is  a  platform  for  brands  to  present  the  newest
           products, whether that brand is a start-up or globally renowned.
           For example, Harley Davidson, together with its Start-up Serial 1



                             The Latest Store, Berlin, Germany
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