This is it. The moment when consumers (in the UK at least) bought more products online using mobile devices than ‘regular’ computers for the first time ever. From November to January, m-commerce made up 51% of e-sales (up from 45% in the previous three months and up from 40% a year ago), the IMRG Capgemini…
For anyone who’s a regular user of the ShopStyle fashion search platform (and I’m one), there’s an interesting development due in Q2 as it transforms into a fashion marketplace with the launch of new shopping cart service ShopStyle Checkout. Parent company Popsugar said the aim is to enable consumers to purchase products from multiple retail…
The Chinese luxury consumer is changing with a number of factors coming together to drive this, according to the Bain & Company’s 2015 China Luxury Market Study. Last year, Chinese consumers from the mainland continued to buy luxury products but they bought them abroad as currency issues in places like Japan and Europe made travel very…
H&M had a major hit with its Coachella collaboration last year and so the fashion retail giant is teaming up with the king of festivals again this year for a collaboration that takes in clothes, accessories and a social media blitz. Its co-branded Coachella collection launches next month in US stores (March 24, with a…
Can’t wait for Nordstrom to open in New York City? Well the retailer has given us a sneak preview of what its store will look like. Covering four properties in the Columbus Circle neighbourhood of Manhattan along Broadway between West 57th and West 58th Streets, the 363,000 sq ft store should open in 2019.
The world may be getting economic jitters generally but US consumers are going to keep on spending. That’s the option of The National Retail Federation, which released its 2016 economic forecast late yesterday. But the good news comes with a sting as the increase won’t necessarily be about individuals spending more. Instead, falling unemployment means…
It’s that time of the month again, you know when loads of general retail sales reports come out and (hopefully) paint us a picture of what’s happening out there. Yesterday it was Visa Europe and BDO. Today it’s the British Retail Consortium and KPMG. And the story? Like those other reports, the BRC/KPMG stats showed…
It’s a funny thing about Gap Inc but it’s one company that has always shown itself able to make a profit, however tough it finds sales growth. I’ve been following this company’s results for 17 years now and the sales picture has been bad for most of that time. But in reporting its January and…
Share prices may be tanking globally and department store shares are suffering. But Nordstrom’s shares rose nearly 6% yesterday after it unveiled a new collection with Olivia Palermo and a new ad campaign. Its exclusive Olivia Palermo + Chelsea28 collection features 32 different separates with roots in American sportswear staples, as well as dresses. Nordstrom…
How has the combined Yoox and Net-a-Porter online fashion giant been faring since the Italian and UK businesses linked-up? Pretty well actually with global growth in the double-digit growth and its m-commerce sales growing fast – very fast. OK, for three-quarters of the period covered, Yoox and NaP continued to operate separately (their ‘merger’ was…
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