Fashion sales soared online during March, but while that could have been due to easter, the latest IMRG Capgemini e-Retail Sales Index suggests we could also be seeing fundamental changes in UK retail.
Farfetch has been a major retail disruptor in its relatively short history and now the company is setting out to find the next wave of tech firms with a start-up incubator that’s also being supported by Burberry.
Stella McCartney is continuing her work to promote environmental awareness and has linked with The RealReal luxury consignment firm for a campaign “to bring greater awareness to the circular economy for luxury fashion.”
Quarterly sales growth at the big consumer goods makers was driven almost entirely by shifting more goods, in a stark illustration of how hard it is for these giants to raise prices in a competitive retail environment.
The Anglo-Dutch consumer giant and maker of Dove beauty products revealed on Thursday that its Q1 sales fell compared to last year, announcing a $7.4 billion buy-back scheme ahead of the spin-off of its spreads division.
Q4 proved difficult for Bonmarché Holdings but the company preferred to focus on achieving its profit goals for the year and its impressive online sales rise when it released a trading update on Friday.
The ranks of people subscribing to Amazon Prime service for speedy delivery of purchases and streamed television has topped 100 million, the company's chief Jeff Bezos said Wednesday in an annual letter.
U.S. footwear firm Skechers Inc. saw double-digit sales growth in the first quarter of 2018. However, a softer current-quarter sales guidance saw shares tumble late Thursday afternoon, after a stellar 2017 stock.
Deteriorating trade ties between the United States and China could mean American imports could be much more expensive in the future as the two countries trade tit-for-tat tax hikes on each other's goods.