While discounting strategies are often blamed for depleting fashion retailer’s already slim margins, markdowns can drive brand discovery among shoppers, grow ambient sales and increase long-term loyalty, the latest research from antuit.ai, the leader in SaaS Artificial Intelligence (AI) demand
By Nils Zündorf, Amazon expert and managing director of the largest European Amazon agency, factor-a The pandemic’s effects on customer behaviour in 2020 lead to significant changes in the e-commerce world. With increases in online sales of over 30% compared to
As fashion firms strive to build back from the impact of the COVID-19 pandemic, an increasing number of industry heavyweights are turning their attention to addressing how they pack and protect their products, writes GlobalData, a leading data and analytics
Set to be the worst hit sector by the Covid-19 pandemic, UK clothing and footwear spend is anticipated to plummet in 2020, falling 26.1% versus 2019, says GlobalData, a leading data and analytics company.
Passion and creativity in the clothing industry go hand in hand. To come up with good designs, you need to have a good sense of creativity. However, it doesn't matter how creative you can become. Without being passionate about the
A new study by Streetbees, the global intelligence platform, reveals the truth behind consumers’ attitudes towards the fashion industry. Is sustainable and ethical manufacturing a true consideration, or do people say they care but let the responsibility of compliance lie
Concerns about sustainability and quality means that consumers are moving away from fast fashion and are more likely to invest in longer-lasting clothing, according to research by the Fashion Retail Academy.
Warmer weather is poised to fuel fashion, barbecue foods and DIY sales, according to Paul Martin, UK head of retail.
Online shoppers return on average 2.2 items out of every 10 of their clothing purchases, according to EY’s ‘Zero clothing returns. Digital future or fairytale?’ report – a survey of 1,000 online UK shoppers. Of these returns, 76% are sent
UK consumer spending showed resilience in July, according to Visa’s latest UK Consumer Spending Index. It shows consumer spending has risen +1.6% year-on-year in July, an improvement over May (+0.8%) and June (+0.9%), but still lower than the average growth
Today, Oracle announced that ASOS, a global fashion destination for 20-somethings, will implement Oracle Retail to accelerate the next phase of its global growth. ASOS launched as an online-only retailer in 2000 and quickly became one of the UK’s leading fashion
Bonmarché, one of the UK’s largest women’s value retailers, has reported a 1.3% decline in like-for-like sales in the 13 weeks to 26 December 2015. Sales for the quarter increased by 3.4% with sales for the 39 weeks to 26 December
Urban Outfitters' acquisition of Pizzeria Vetri, a Philadelphia-based chain of Italian restaurants, is the latest example of a retailer finding innovative ways to bring in new customers and represents a shift in shopping habits. Giuliano Iannaccone and Heather Ohlberg, retail attorneys
Bonmarché Holdings today announces that Beth Butterwick, chief executive, will step down after four years with the company to join Karen Millen as chief executive. Butterwick will remain with Bonmarché until her successor is appointed to ensure a smooth transition.
European private equity firm Cinven today announces that it has agreed to acquire Kurt Geiger (‘the Group’), the leading footwear and accessories company and the largest retailer of luxury footwear in Europe, from Sycamore Partners for an undisclosed sum.
A survey of 2000 consumers by predictive analytics firm, Blue Yonder has discovered that shoppers are becoming increasingly technology savvy in finding the best bargain and has discovered a new trend borne of the millennial age – the strategic online shopper.
Consumers splashing out on new clothes helped push up retail sales in the year to July, but the pace of growth is expected to slow next month, according to the CBI’s Distributive Trades Survey. The survey of 117 firms showed
Independent women’s fashion retailer Glamorous is adding to the stylishness and good looks at Manchester’s world class retail and leisure destination, intu Trafford Centre. Glamorous is taking 1,900sq ft on a 10-year lease and will be located on the upper
Fast fashion e-tailer Missguided is maturing its operations in anticipation of further expansion, following over six years of rapid growth, which have seen the business grow from a start-up to one of the UK’s leading women’s online retailers. The business
Anna Sweeting, the former chief executive of LINLEY, has joined theboard of Beulah London, a leading British luxury fashion brand, investing personally in the company and taking on the role of chief executive. During her time as chief executive at
Argos has announced that it will be launching an exclusive UK fashion range with Cherokee, offering a range of clothing, accessories and footwear for the autumn/winter 2015 season. Customers will be able to choose from a range of high quality,
David Bird, insights analyst – Weather Channel Global Media, on the impact of the weather on retail sales over the festive period A number of clothing retailers have already reported their Christmas results for 2014. Two key themes so far have
ASOS is one of the iconoclasts re-defining the retail environment of today. It is a flag bearer for the new retail age. Here, Paul Martin, director at Boxwood Insights, examines the ASOS operating model, part of a series of insights Boxwood
Styloko, the UK online shopping discovery engine, has announced the launch of a new site dedicated to better targeting consumers in America on 21 November 2014. With around 30% of traffic already coming from the US market, the next logical step
Global fast-fashion business Missguided is tomorrow launching its first ever plus size range, Missguided+, following a year of strong growth and an increasing demand from customers to broaden the appeal of the brand. It marks the first move in a series of
