Executive Summary

• This week, the FBIC Global Retail & Technology team followed Amazon Prime Day around the clock
• According to the NRF’s Back-to-School Spending Survey, the average family with children in school plans to spend $630.36 on electronics, apparel and other school needs this year, 6% less than last year
• Japan’s famous hospitality also faces low productivity, however the government is seeking to double service productivity growth by 2020
• Mexico’s media industry is expected to grow by 5% this year due to a digital boom in luxury and women’s lifestyle magazines, and retail is benefiting from the opening of luxury flagship stores in Mexico City