The British Retail Consortium (BRC) has described the government’s autumn budget as a “mixed bag” for retailers, and said more needed to be done. Chancellor Rishi Sunak announced Wednesday that business rates for the retail, hospitality and leisure sectors in England will be halved for a year, which he said will help reduce the burden of...
6 hours ago
A survey of online shoppers in the US, UK, Germany and Australia suggests 57 percent have made at least one cross-border purchase in the last 12 months. Clothing and footwear are the mostly likely products purchased via ecommerce sites in other countries, as are beauty (42 percent) and leisure items (44 percent). In a survey of 2,035 online...
8 hours ago
US holiday spending forecast to be the highest on record, as the National Retail Federation (NRF) this week said holiday sales during November and December will grow between 8.5 percent and 10.5 percent over 2020 to between 843.4 billion and 859 billion dollars. The figures compare with a previous high of 8.2 percent in 2020 to 777.3 billion...
Spanish fashion group Tendam has entered a new market after its Springfield brand opened its first store in Puerto Rico. The 270 square metre store is located at the Plaza Las Américas shopping centre in the island’s capital. Tendam said the new store targets an urban market between the ages of 25-35 and will feature the latest collections for...
27 Oct 2021
Once a not-to-be-missed fashion destination smack in the middle of London’s Oxford Circus, the former Topshop flagship has been sold to Ikea, the famed purveyors of inexpensive, flatpack furniture. The new owner’s wares are far removed from that of trend-led Topshop, once the empire of the high street with its seven sprawling floors offering the...
John Lewis is promoting its new Anyday range through pop ups in shopping centres. Set in temporary showrooms in John Lewis stores, the pop ups have already appeared in Milton Keynes, Nottingham, Oxford and Manchester. Currently, there are pop ups in Cardiff and Leicester. Originally a homeware brand, Anyday recently released its first fashion...
26 Oct 2021
Instagram’s affiliate marketing test will be adding a shoppable landing page for influencers. The news was reported by Business Insider. Instagram users will slowly begin seeing a “View Shop” button on select influencers’ pages. Most influencers use affiliate links already to make commission on sales they drive for brands they are either...
25 Oct 2021
Apparel retailer Uniqlo has announced it will be opening its global flagship store in Beijing on November 6, set to offer a sneak peek of the new location at the upcoming 2021 China International Import Expo (CIIE). The store will be Uniqlo’s first in Beijing, and the third flagship in mainland China, with the new location created in...
21 Oct 2021
Fast-fashion retailer H&M will be launching the new rental service platform Spin at its Berlin-based store, in collaboration with circular fashion organisation, Lablaco. Based at the H&M Mitte Garten, the rental service will allow customers to book and pay for a garment upfront, complete with a deadline to return it to be cleaned and prepared...
19 Oct 2021
London Designer Outlet (LDO) has reported an increase in fashion sales sparked by an influx of shoppers visiting the shopping destination to watch the new James Bond film. In the first full week that No Time To Die was in the cinemas, leisure and fashion and beauty sales were consistently above pre-pandemic levels, with menswear performing...
15 Oct 2021
Activewear brand Fabletics has opened its first European store - and its first outside of the US - at Kurfürstendamm 29 in Berlin. As well as carrying the US brand’s clothing lines, the 306 square meter store also features a room where classes for members and non-members are offered under the guidance of fitness trainers. The brand said it plans...
Amazon has launched its Prime Service in Poland. Polish Amazon customer can now receive free delivery and access to video streaming by being Prime Members. In March, Amazon’s Polish website went live, creating intense competition for Poland’s growing e-commerce sector. Amazon Poland has been a fast-growing component of Amazon’s business as the...
13 Oct 2021
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