UK consumers are very ‘tribal’ in their fashion choices with many resistant to trends, a new survey shows. It also reveals that magazines have minimal influence on their style and there are huge regional variations.
Rewe’s loss is C&A’s gain. Alain Caparros, the supermarket chain’s CEO, leaves this month and it was announced Wednesday that he will become European CEO at Dutch-German fashion retail giant C&A as of August 1.
UK clothing sales hit a new low online last month with just 7.6% growth as Britons kept their purses and wallets closed because of higher prices, dull weather, Brexit blues and uncertainty due to the general election.
Grocerytalk will focus on how consumers discover, shop and buy groceries and consumer packaged goods in the digital age. The new platform is announced just days after Amazon acquired Whole Foods for $13.7 billion.
Payless ShoeSource Inc settled a dispute with its creditors on Tuesday, after creditors alleged that the company's private equity owners inappropriately siphoned off $400 million before the U.S. retailer's bankruptcy.