UK retailers saw a reasonably good October with fashion sales in strongly positive territory, but whether sales will remain elevated as we head into the festive shopping season remains open to question.
The sportswear brand posted a year-over-year increase of 33% in its sales in the third quarter, driving growth at its Winston-Salem, North Carolina-based parent company, which reported total revenues of $1.79 billion.
French luxury group Chanel has hiked prices of some of its most sought after handbags at a time when strong consumer demand and low stocks in the run-up to the holiday shopping season are boosting their exclusivity.
Pinterest Inc forecast fourth-quarter revenue growth in the high-teens percentage range, after online retailers splurging on ads before the holiday season helped the image-sharing company beat quarterly estimates.
Many consumers are entering the holiday season with more disposable income, but retailers are up against a supply chain crisis that has left them scrambling to stock enough partywear, among other things.
Abercrombie & Fitch is putting experiential support behind the launch of its first specific holiday season collection at its Regent Street, London, flagship with customers invited to shop and drink cocktails this month.
John Lewis has released its Christmas 2021 campaign with an ad called ‘Unexpected Guest’. It’s described as “a joyful story of friendship, which celebrates the magic of Christmas moments experienced for the first time”.
A first ever pop-up store, a major tech-inspired refurb to one of its flagships and the launch of digital kiosks in a nationwide garden centre group reflects the experiential direction Hotter Shoes continues to explore.