Debenhams’ online sales are rising. Yippee. Debenhams physical store sales are… well, we won’t be sure until its trading update comes out in January. But some people in the know are concerned. Now, we’re used to department stores reporting ever-increasing online sales as a complement to sales made face-to-face. But Debenhams, analysts believe, has a…
The news gets worse at Gap Inc. The retail giant said that November sales fell 9%, or 8% on a currency-neutral basis. It has struggled to produce sales growth for some years but last year it did at least manage a 6% sales rise in November.
What’s to be done about J Crew? The company that was riding high and even considering an IPO just a couple of years ago has looked to be in danger of turning into fashion’s biggest basket case. It even admitted yesterday that the goodwill attached to the name is now zero compared to $1bn-plus not…
Are Black Friday and Cyber Monday really worth the effort? Let’s ask John Lewis. The department store operator’s latest figures suggest that maybe they are. How so? Well, it’s sales in the last seven days rose 4.8% year-on-year and – wait for the drum roll – 60.1% compared to the previous week. Cue fireworks, Christmas…
Britons spend about £162 a month each on impulse purchases and don’t think about the impact on their bank balance. That’s the conclusion of a new survey from the Money Advice Service (MAS) which dubbed the approach YOLO (you only live once) shopping. As many as 61% of the 2,000 people surveyed admitted spending up…
Calvin Klein and Tommy Hilfiger failed to light a fire under owner PVH in Q3 results as the company reported profits down from nearly $226m a year ago to just shy of $222m this time. Or did they? Let’s be fair – the company made $221.9m in profits and revenue of $2.16bn (down from $2.23bn…
The rewards of success. American Eagle has turned its fortunes around and returning interim CEO Jay Schottenstein is now permanent. The intimates Aerie brand is going from strength to strength and the shares are on an upward trajectory. Holiday season sales at the youth retailer are off to a “solid start” and should rise in…
Discounts are everywhere, shoppers are spending like crazy, and all’s well with the world. Right? Wrong! Shoppers, it seems, aren’t at all happy, but they are determined to track down bargains and they’re using their smartphones to do so. New research from multichannel customer engagement specialist Eptica shows US consumers are unsatisfied with the levels…
A new day dawns, a new set of figures about Holiday shopping and another insight into just how strong m-commerce is becoming – especially for the young. This time it’s Discover’s Annual Holiday Survey. And its headline story? Well, three stories actually, but one is key: young shoppers prefer to spend via their smartphones.
The intense focus on numbers at this time of year can be rather wearing, not to say confusing. Every day it seems we hear about percentage sales that have gone up or down and billions of dollars or pounds spent in stores, online or via smartphones. However, what matters as much as the numbers themselves…
TRENDWALK.net 