Accenture news and archive

UK retail sales rise in May, clothing retailers welcome rebound

One day on from the report that inflation had finally hit Bank of England’s target, dropping to 2 percent, there appears to be more good news on the horizon for UK retailers. New figures by the Office for National Statistics (ONS) have shown that retail sales volumes rose by 2.9 percent in May following a slight 1.8 percent drop in April....

RetailFeatured

Social media shopping to hit 1.2 trillion US dollars by 2025

Global social commerce, shopping via social media platforms, is going to grow three times as fast as traditional e-commerce from, 492 billion to 1.2 trillion US dollars by 2025, according to a new report from Accenture. Today, 10 percent of all e-commerce spending is done via social commerce, and in the next three years, this number is expected...

Business |Interview Featured

Fashion sourcing expert: “All supply chain challenges are colliding with a model that leaves little room for deviation”

Global supply chains are in turmoil, and it’s hurting fashion companies. Nike missed analysts' expectations in its latest financial results because of supply bottlenecks, and Puma and Adidas are talking about similar problems. Where are the current disruptions happening and what can fashion companies do in the short and long term to optimize...

FashionPress ReleasePartner Content

Steps to Reopening Retail

As retail emerges from crisis mode and prepares to reset, there are many steps retailers can take now to prepare for the fast-evolving future. Jill Standish, Senior Managing Director and Global Head of Accenture’s Retail practice, shares actionable strategies for outmaneuvering the uncertainty that lies ahead. How can retailers best support...