Pink and blue are top colours for 2016 says Pantone
And the colour of the year for 2016 is… pale pink. Oh, and pale blue too. Confused? Well, for the first time colour specialist Pantone has chosen two colours to drive the look of 2016 and beyond.
John Lewis sales hit warp speed – up 60% in just a week
Are Black Friday and Cyber Monday really worth the effort? Let’s ask John Lewis. The department store operator’s latest figures suggest that maybe they are. How so? Well, it’s sales in the last seven days rose 4.8% year-on-year and – wait for the drum roll – 60.1% compared to the previous week. Cue fireworks, Christmas…
Mango fast fashion gets faster; digital is key
Spanish fashion giant Mango had big news Thursday announcing its move from a fast fashion business model to an even faster fashion one and an increased focus on the digital channel. The company said today that it’s going to offer new product every two weeks as part of a business transformation that it’s calling a “major…
Impulse buying Britons spend £2,000 says survey
Britons spend about £162 a month each on impulse purchases and don’t think about the impact on their bank balance. That’s the conclusion of a new survey from the Money Advice Service (MAS) which dubbed the approach YOLO (you only live once) shopping. As many as 61% of the 2,000 people surveyed admitted spending up…
Calvin Klein, Tommy Hilfiger headline weakness is actually strength says PVH
Calvin Klein and Tommy Hilfiger failed to light a fire under owner PVH in Q3 results as the company reported profits down from nearly $226m a year ago to just shy of $222m this time. Or did they? Let’s be fair – the company made $221.9m in profits and revenue of $2.16bn (down from $2.23bn…
American Eagle takes flight as AE and Aerie power ahead
The rewards of success. American Eagle has turned its fortunes around and returning interim CEO Jay Schottenstein is now permanent. The intimates Aerie brand is going from strength to strength and the shares are on an upward trajectory. Holiday season sales at the youth retailer are off to a “solid start” and should rise in…
Tamara Mellon in bankruptcy filing, says she’ll be back by January
The rewards of failure. Tamara Mellon, the woman who turned Jimmy Choo into a footwear phenomenon, has filed for voluntary Chapter 11 bankruptcy protection. In case you don’t know, that’s a US system that allows companies time to reorganise and hopefully get back on track without the threat of creditors moving in to close it…
Smartphone shoppers are unhappy says new study
Discounts are everywhere, shoppers are spending like crazy, and all’s well with the world. Right? Wrong! Shoppers, it seems, aren’t at all happy, but they are determined to track down bargains and they’re using their smartphones to do so. New research from multichannel customer engagement specialist Eptica shows US consumers are unsatisfied with the levels…
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