The UK fashion sector has a whole shopping cart of problems ahead of it and Brexit is only one of them. But it has opportunities too and social media is one of them. New data from Kantar Worldpanel shows the market falling slightly (by 0.1%) in the 52 weeks to June 5.
Now hang on just a minute. Only last week I published a report about UK retail that said May was a tough month but consumers were buying ‘big ticket’ items (you know, sofas, beds, washing machines etc). But they weren’t buying discretionary stuff like fashion. Then a report this morning seemed to confirm the tough…
We hear a lot about Millennials on a daily basis, what they do, what they wear, what they eat, and how they do everything. So what’s the latest nugget? Well, it’s about the bras they buy. Yes, researcher NPD informed us this week that the bra of choice for Millennials is… wait for it ……
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.
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…
How serious do women et when it comes to buying a new bag? Very. At least according to researcher NP Group, which said this month that the Millennial customer treats a handbag purchase as a multi-step process, and 41% start thinking about their most recent handbag purchase more than a month in advance. Basically, it…
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…
Are women mad? That’s the question that often springs to my mind when I see a woman hobbling by in a pair of crazy heels. Having given up high heels after a few brief years of experimentation back in my late teens, I can strike an air of pitying superiority whenever I see someone in…
2015 marked a turning point for the US beauty industry, driven largely by shifts taking place within skincare and the heightened importance of Millennials, according to data from researcher NPD Group.
Americans are getting ready to show us all why this is the world’s standout consumer spending market with an Easter spending binge.The National Retail Federation said yesterday that US consumers anticipate spending more than ever around Easter this year.
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