According to NPD Group's recent research, millennials have slowed their purchasing so much that retail sales for athleisure and e-commerce, which previously showed double digit growth, shrunk to only 4% growth last year.
There’s a new broom sweeping through Cavalli, and it’s a clean and comfortable one. Courtesy of designer Paul Surridge, the house has edited out much of the over-the-top phantasies for which founder Roberto was famous.
Italian luxury group Tod's will use multiple collections throughout the year to engage better with customers, its chairman said on Friday, as more fashion brands adapt their strategies to the fast-moving market.
Westfield reported rising 2017 footfall at its UK centres but sales barely budged year-on-year as the market stayed tough for retailers and especially for the fashion brands that make up a huge chunk of mall tenants.