Lacoste, then Hermès and now… Uniqlo. Maybe a few years ago that wouldn’t have been a great career path but Uniqlo has much-deserved ambitions to become the global number one and Christophe Lemaire is one of the best of a clutch designers who really know how to combine fashion with the ultra casual and commercial.
Online sales growth used to be huge with 20% or 30%-plus figures appearing regularly. But while it’s understandably slowed down as the sector has got bigger, that doesn’t stop some pretty spectacular headlines still appearing. And this one really made me sit up: Surveyed shoppers made 51% of their purchases on the web.
There was one particularly interesting bit about New Look’s results announcement yesterday (ok two, given that it’s expanding even further with menswear-only stores and had some stuff to say about Brexit). The thing that really made me sit up was what it said about global trends and social media.
Will Primark succeed in the US long-term? And what effect will that success have on the wider US fashion retail sector? Those are two questions that spring to mind having seen a report from MarketWatch (based on a Morgan Stanley pricing survey) that says US clothing retailer prices are more than triple Primark’s and the…
Internet shopping may be the future but it comes loaded with problems. There’s the issue of costs to retailers, which are high – especially if customers return too many goods. And that happens a lot with a recent BBC report highlighting that we’re all serial returners, especially when it comes to womenswear. There’s the issue…
What on earth is going on with consumers and retail at the moment? In the US and UK, and many parts of Europe, we’re a long way from the recession, unemployment is lower and salaries are rising. It may not be some golden age in which we’re all skipping around feeling rich. But in circumstances…
Now this is interesting. Debenhams (you know, the big department store chain) has named an executive from Amazon (you know, the e-tailer currently sucking sales from big department store chains) as its next CEO.
Another report about UK shopper footfall came out yesterday but I didn’t report on it because it was yet more of the same – store traffic down, not many people interested in spring clothes etc etc. But yet another set of figures is out today and I’m reporting this one because it really highlights just…
They say that before you can solve a problem, you have to admit you have one. So it is for Gap Inc. Like an unreformed addict, it’s been working on its turnaround for years but it has never really come out and admitted that the problem is fundamental. Until now. Yesterday, on reporting yet another…
If you didn’t trust all the data that’s come out so far suggesting April was well, a crappy month for UK fashion retail… think again. It was really was as bad as everyone thinks. The latest proof today comes from the British Retail Consortium and KPMG’s monthly sales monitor. In a month when overall sales were…
TRENDWALK.net 