Interesting piece in the Business of Fashion today. Apparently Gucci won’t be marking down Alessandro Michele’s AW15 women’s and men’s collections. Actually, it might. The company could possibly have just enough left over of the collections that Michele designed in a week during January to supply Gucci’s outlet stores. But that’s not a certainty as…
Just spotted a new NPD research report about the French sports shoe market, which made me remember that France may be going through tough times at the moment but let’s not forget, it’s a big, vibrant market. The fact is that sports footwear is on a roll in France, driven by the fashion market (44%…
The problem facing the watch sector came very clearly into focus yesterday. First, Fossil reported sales down 17% in the latest quarter and lowered its outlook for full-year sales as its watches business proved weak. Second, it said it was paying $260m to buy wearable tech company Misfit to boost its presence in smartwatches. And…
What’s the biggest problem with ‘wearable’ technology? No, not the tech. It’s just not as wearable as it likes to think, especially when it comes to selling it to women. You may be able to convince men something’s cool just because it’s got Bluetooth (yes, I know that statement was outrageously sexist and stereotypes half…
Luxury watch maker Tag Heuer has unveiled its first ‘smart watch’, an Android Wear device based on its Carrera series that sells for $1,500. It makes Apple’s highest-priced watch look pretty overpriced at $10,000. Let’s face it, most luxury watch buyers would probably rather have a Tag-branded device on their wrists than an Apple one.…
Global shipments of earphones and headphones are expected to reach 336m units by 2016, up from estimated shipments of 324m units this year and reaching a value of over $13bn, according to a new report from Future Market Insights. Obviously Dolce & Gabbana are doing their bit to add value to the market with their…
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…
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