Retail

Mobile commerce sales to double to 700 billion dollars by 2025

If there is any doubt consumers are doing most of their shopping on smartphones, new research from eMarketer projects sales will double to 700 billion dollars by 2025. Another report from Mordor Intelligence states that the mobile commerce market is expected to register an annual growth rate of 27 percent between 2021-2026. High tech and...

14 Jan 2022

Fashion

Selfridges steps into metaverse with ‘over the counter’ NFTs

Selfridges is the latest fashion company to step into the metaverse as it announces it has begun selling NFTs in its physical stores. The iconic British department store chain says it is the first retailer in the world to sell fixed-price NFTs over the counter. The company will sell over 1,800 NFTs ranging from around 2,000 pounds to over...

14 Jan 2022

Business

Tommy Hilfiger Fashion Frontier winners have been revealed

Tommy Hilfiger has announced the two winners of the third edition of its Fashion Frontier Challenge to be Lalaland and Uzuri K&Y, which have each been recognised for their inclusivity in the fashion industry. The winners were selected during the programme’s virtual closing event, at which six finalists pitched their concepts to a jury panel...

14 Jan 2022

Fairs |Report

Pitti Uomo: Good news from Firenze

Florence - The new fashion year begins in a minor way, but with a dash of optimism. The men’s fair, Pitti Uomo, which traditionally opens the new season in Florence, has experienced some quick reorganisation. Guest of honour Ann Demeulemeester cancelled her scheduled event last week. Brunello Cucinelli, a usually consistent main exhibitor at the...

14 Jan 2022

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