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…

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…