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…
If you thought the expansion of Spain’s fashion retail chains couldn’t be stopped, think again. Mango has confirmed a report that it’s closing 450 doors in the US next year as it ends a five-year deal with JC Penney. But wait – it’s not the disaster it looks. The in-store shops will close in February…
It’s going to be an online Christmas in the UK. Yes, I know analysts say that every year but this time it’s for real. More than half of our Christmas shopping WON’T be through physical stores with an Adobe survey of 400 consumers saying that 57% of shopping will be online instead. Just think about…
I read an article a few months ago in which a writer used lots of over-long words and rambling arguments to suggest that H&M’s Balmain collaboration was a bad idea and would be unlikely to succeed. How silly must he feel today? Yesterday’s launch repeated the pattern of a decade with huge queues, shoppers grabbing…
Bad news for retailers ahead of the Christmas trading season – theft is on the rise and clothing stores suffer more than any others. The amount lost to retail ‘shrinkage’ (you know, supplier fraud, employee fraud, simple ol’ fashioned shoplifting, and admin errors) was $1.234bn globally in 2014-15. It accounted for almost 2% of revenue…
TRENDWALK.net 