We all want to know what it is that rocks certain consumer groups’ world and US teens are one of the key groups whose heads brands want to get inside. So it’s good news that investment bank and asset manager Piper Jaffray has asked them. The latest twice-yearly Piper Jaffray Taking Stock with Teens Survey…
Two countries, two groups of consumers, two sets of figures. One similar result. Whether it’s Brexit blues or election uncertainty, it seems consumers in the UK and US just aren’t in a spending mood at the moment. At least they’re not in the mood to buy certain things.
Britain’s a weirder place this week after the Brexit vote and consumer spending has already started to fall, according to one report.
Will Primark succeed in the US long-term? And what effect will that success have on the wider US fashion retail sector? Those are two questions that spring to mind having seen a report from MarketWatch (based on a Morgan Stanley pricing survey) that says US clothing retailer prices are more than triple Primark’s and the…
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.
Was 2015 a good year for beauty sales? We should hope so because it certainly wasn’t for fashion. So it’s with some relief that I read the latest NPD release, which said sales for the US prestige beauty industry reached $16bn last year, a 7% rise. It looks like that consumers who were saying ‘no…
Chilly temperatures added $200m in extra sales to US apparel retailers in the run-up to the New Year. Yippee. No, wait… quick calculation. In a country of nearly 323m people and some pretty hefty climate extremes, that’s a spend of less than 62 cents per person. Ouch! So what went wrong? A warm autumn +…
Another day, another special retail event. It’s Cyber Monday (as if you didn’t know) and the question is: will it retain its status in the US as the biggest online shopping day? Some thought it wouldn’t. But, as Mark Twain would say, reports of its death have been greatly exaggerated.
If you thought the expansion of Spain’s fashion retail chains couldn’t be stopped, think again. Mango has confirmed a report that it’s closing 450 doors in the US next year as it ends a five-year deal with JC Penney. But wait – it’s not the disaster it looks. The in-store shops will close in February…
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