The owner of the Ikea furniture brand expects sales to grow this fiscal year as online trade expands, but profits will be tempered by increased investment as the brand battles web specialists like Amazon and Made.
From Maison Kitsuné to L’Exception, Archive 18-20 and Yves Saint Laurent, many Parisian fashion labels and stores have introduced a café area, the latest being A.P.C., opening its café from November 20 to January 31.
A new study from NRF has revealed that U.S. consumers intend to spend an average of $1,048 this holiday season, up 4% from last year, with most shoppers planning to split their spend over a range of different channels.
As retailers continue to dive deep into the so-called golden quarter, their customers around the world are looking to them for inspiration with as many as 47% of shoppers globally needing some help deciding what to buy.
International shopper spending growth is slowing in the UK and that's bad news for luxury fashion labels, although on the plus side, those shoppers who do visit Britain seem to be spending more per transaction.
Last week’s Brexit deal and the pulling of Saturday’s Parliamentary vote have left the UK retail sector back where it has been for the last three+ years, facing an uncertain future as consumers shun unnecessary spending.