UK e-tail giant Shop Direct had a strong Christmas period with revenue in the seven weeks to December 22 rising a healthy 6.3%, it said Tuesday. That was driven by its Very brand, which saw a 16.8% sales surge.
Deloitte’s Global Powers of Retailing ranking 2018 shows that US retail giants are losing their grip on the international market, while e-commerce, European fast fashion and sportswear brands are all gaining ground.
At Milan Fashion Week Men, the Italian label's designer, Jeremy Scott, surprised audiences with a high-impact collection in leather and vinyl, reinterpreting menswear codes with a sadomasochistic streak.
UK consumers who shop online already are becoming more online-focused than ever and are increasing the amounts they buy via webstores, a new report shows and more than half of women buy clothes online.
House of Fraser faced the same challenges endured by much of UK retail over the six-week Christmas period with a slow performance in stores, although margins improved. But unlike some, its web sales also proved weak.
Boohoo continued its impressive run in the last months of 2017 with its main brand, as well as PrettyLittleThing and Nasty Gal, all powering ahead globally. Can surging growth continue? The company thinks it can.
Amazon added 300,000 small and medium size businesses (SMBs) as vendors in 2017. The online retail giant reports half of all items ordered last year were from SMBs selling through the Amazon Marketplace.