The Great Reset is the theme of the 29th WWD Apparel and Retail CEO Summit, which kicked off Tuesday at Cipriani South Street, as speakers focused on adapting to AI, building community and fandom, differentiating one’s brand, confronting the challenges and uncertainties of the industry, and moving brands forward while maintaining heritage.

Here are some of the highlights from Day One.

“ Burberry has always been at its best when it balances the heritage with innovation. There’s that juxtaposition that’s woven through Burberry and even if I think about the Regent Street flagship, when we opened that store, it was all about balancing heritage and innovation. So I think you’ll see that the timeless British luxury brand expression remains. But now that we have laid the foundation, we have this opportunity to add layers of innovation and surprise and delight.…