Singles Day bonanza, even Frank Underwood wants in

E-commerce giant Alibaba, the company that made Singles Day the world’s biggest shopping event, broke its own record today by beating last year’s full-day total in half the time. It was helped by some heavyweight celebrity endorsement, including Kevin Spacey also in his House of Cards President Frank Underwood persona. “Here at the White House, there…

John Lewis goes Dutch

Has the world gone mad? John Lewis that perfect example of the British department store is moving to Europe. OK, it’s heading to country-next-door The Netherlands so we’re not talking major cultural mash-up here. But it’s doing it via a deal with de Bijenkorf. Isn’t that the high-end Dutch department store owned by the same…

Tag Heuer: Smart watch, smart move?

Luxury watch maker Tag Heuer has unveiled its first ‘smart watch’, an Android Wear device based on its Carrera series that sells for $1,500. It makes Apple’s highest-priced watch look pretty overpriced at $10,000. Let’s face it, most luxury watch buyers would probably rather have a Tag-branded device on their wrists than an Apple one.…

Retail trend: Singles Day 1-Black Friday 0

That’s the thing about trends. They’re like buses. You hang around waiting for one then two come along at once. So what has today yielded? First a shift in retailers’ approach to Black Friday, and second the growth of China’s Singles Day as a global event. So, Black Friday. Asda, one of the prime movers…

Nike & women: Fitness or fashion?

Nike wants women, lots of them. It certainly needs them if it’s going to achieve its aim of $11bn in women’s activewear sales by 2020 from the current $5.7bn. A little over-ambitious? Perhaps not. The segment grew 20% in Nike’s last financial year, double the rate of its men’s business. Christina Shi, head of Nike’s…

New In: Topshop resort hits high street with £1k dress

Last week we had H&M launching a Balmain frenzy. And this week? Topshop has launched its ‘resort’ collection. Yes, you read that right. Topshop (you know, bastion of the high street) has launched a resort collection (you know, those oddly-named collections that stratospherically-priced designer ranges offer to show that they can do commercial as well…