Associated British Foods has been expanding its Primark star brand in recent months (its latest launch it Italy). So how is it doing? Times may be tough for many, and Primark isn’t immune, it seems, although it’s still hugely profitable.
The departure of Net-A-Porter founder Natalie Massenet from the newly-merged Yoox Net-a-Porter doesn’t seem to be holding the luxury e-tailer back. The latest evidence of this is that Dubai’s Alabbar Enterprises has paid €100m for a 4% stake. That’s an almost-6% premium on the price the shares closed at yesterday and values the firm at…
2016 isn’t shaping up to be a stellar year for retailers. It didn’t start well with stock markets mayhem making a lot of people nervous. But a partial recovery since then held out some hope… until retailers and luxury companies started giving us their financial results, that is. M&S clothing sales stayed anaemic, Next gave…
A few years ago, Sports Direct tycoon Mike Ashley vowed to finish off rival JD Sports. Not only did he fail in that aim but JD has gone from strength to strength (while Sports Direct has issued profit warnings) and JD’s latest results show that the athleisure trend is helping it to prosper. Once upon…
First, let me declare myself. The answer to the question in the headline is: a bit of both. I love high street designer collaborations. They’re a great way of buying into a designer look at a fraction of the regular price and the quality levels are usually high. Some work better than others of course (the critical…
Is the future of fashion Demna Gvasalia? Is it the smartwatch? Or is it… plus size? Given the general trend towards larger waistlines globally, that’s a growth area that easier to guarantee than a tech product category we’re not quite convinced we need and a disrupter designer who likes to deconstruct and reconstruct classics. Which is…
So Prada delivered hugely disappointing results on Friday and promised some ideas about how it would turn itself around at a conference call on Monday. That call has happened. Are we any the wiser?
US department stores are now among the biggest players in the e-tail sector but their profit margins are groaning under the pressure, according to analysts at credit Suisse. Their analysis, reported by Fortune magazine shows that department store websites are popular shopping destinations with around 14% of the revenue of the chains that anchor US malls now…
It’s official, shoppers spent more money online on fashion than on computer hardware for the first time last year. Well, American shoppers did, making fashion is now the biggest e-commerce category in the US, with the rise of m-commerce and free shipping deals helping to push the growth. Consumers bought $51.5bn of fashion goods online in 2015 compared to $49.9bn…
We’ll all be using augmented reality (AR) and Bitcoin to buy products by 2020. Really? Well, that’s what some people in a 1,000-plus-person survey of UK consumers seem to think.
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