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.
Stealthy in-line store pull-outs and intensified competition to attract new retailers figure among the problems facing malls in 2018, which must diversify their offer and focus their investments on consumer experience.
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.
As anticipated, Kering announced its plan to cut its majority stake in Puma to focus on its luxury houses instead. Puma's CEO also said the brand would not be picking up Kering's Volcom brand under the transition.
As it works to boost its clothing sales with essentials as well as fashion-focused pieces, M&S has taken a deep dive into plus-size with the launch of a line for the growing number of UK women who wear sizes 18 to 32.
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.