UK high streets quiet again, Brit shoppers become nighthawks

How did UK retail footfall fare in February? Hard to tell! The latest figures appear to show a clear cut trend but scratch the surface and you can see all sorts of movements developing with UK consumers turning into after-dark shoppers. So, let’s go for face value first: The British Retail Consortium (BRC) and Springboard said…

Need to know: Russian e-tail, Maria Sharapova, Yoox Net-A-Porter and Burberry takeover?

The news flow is coming thick and fast today with clarification about those burberry takeover rumours, plus 2015 results from struggling Hugo Boss and not-struggling Yoox Net-A-Porter. Maria Sharapova is still trying to rescue her brand. And we’ve heard about Vera Bradley’s resurgence and how the Russian e-tail market is getting bigger but still has…

Amazon India

Indian e-commerce: Mobile set to surge

E-commerce is growing fast worldwide with some markets having the potential to be massive. Cue India. A new report from Forrester reckons the country’s e-tail market will grow from $12bn last year to $75bn in 2020, with a CAGR of 44%. That’s fast. The number of people buying online will also grow, but only by…

Need to know: Moncler’s hot… Samsonite bags Tumi… Zara goes eco… & Whistles for sale?

Moncler is hot, even when the weather’s wrong My favourite puffer jacket brand Moncler is going from strength-to-strength. Pre-tax profit was €300m last year and currency-neutral revenue rose 19%, although sales growth did slow as the weather stayed warm at year-end.  Sales at the brand’s own stores surged 33%. So it’s no surprise that the firm…