Happy discount Christmas say US shoppers

US households plan to spend an average of $576 on gifts this holiday season, up from $538 last year, business research group The Conference Board said late Thursday. Should you care? Well, yes, because the fact is that though shoppers expect to spend more, they also expect to get more for their money – a lot more. Those…

Burberry: Digital, product and data power

It’s a challenging time for the luxury sector as profits take a dive due to… well, you know, the usual suspects – Russia, the Middle East, China – all those places that used to be the very reason luxury did so well. So how about Burberry? Well, on Thursday the UK luxury leader said its…