GfK’s long-running consumer confidence survey showed a fall in sentiment during August, which is perhaps no surprise given the increasing possibility of a no-deal Brexit as the countdown clock runs down.The overall Index fell to -14 this month and to put that in context, it was only -7 exactly a year ago.
The different metrics GfK uses to reach this point all looked bleak. The index me…
Read moreThose are the conclusions of a new report from NatWest and Retail Economics. Their new 2019 Retail Outlook Report shows just how gloomy consumers are with 41% expecting their personal finances to weaken in the year ahead. But the report’s authors still think the situation isn’t entirely bleak and David Scott, NatWest’s Head of Retail and Leisure, believes that by the end of the year, rea…
Read moreThe British-born star, who has been outspoken about the racism she has encountered in the industry, made the comments in a video to open the virus-hit Paris fashion week, which has been forced online.Wearing a T-shirt with the legend, “Phenomenally Black”, Campbell said the “time has come to build a more equitable industry with a good form of checks and balances”.
The lessons of the Black…
Read moreIn recent years, the fragrance industry, like the cosmetics one, has continued to reshape its structure, as new players emerge and major mergers and acquisitions are carried out. The spate of acquisitions made this year by fragrance and scent specialist Givaudan are, according to Ughetto, one of the clearest indications of this pattern. The Swiss group’s latest acquisition was that of the cosme…
Read moreThe retailer has also told its suppliers that they will only be paid for a percentage of the cancelled orders due to the significant impact the UK lockdown has had on the fashion sector. The move follows similar actions taken by a number of retailers, with suppliers in Asia citing American and British retailers in particular for cancelling large numbers of orders.
There are particular …
Read moreThe $500 billion global beauty industry has almost overnight changed what and how it markets to a clientele hidden behind masks or stuck at home to avoid the spread of coronavirus.As consumers’ social and travel plans have evaporated and work is conducted online, beauty brands have had to quickly redirect their pitches to show how their products are still relevant.
Companies are promoting…
Read moreThe Dow Jones Sustainability Index features companies leading in sustainability, based on a comprehensive set of economic, environmental, and social responsibility criteria evaluated by S&P Global.“Every day, at Moncler and Stone Island, we work to continue integrating sustainability into our business modelคำพูดจาก Read more
CBCommerce has produced a ranking of these groups based on cross-border sales, various performance indicators, number of countries covered and site visits from other countries. Top of the table was German e-marketplace Zalando, ahead of UK generalist operator Fruugo and its compatriots Asos and Farfetch, with French multi-channel retailer Carrefour in fifth place. Sixth place went to German per…
Read moreAs reported by FashionNetwork.com in mid-July, the Economy and Finance Ministry intends to sidestep the court rulings, by adjusting the boundaries of the existing ITZs. The Maillot-Ternes ITZ has disappeared, having been split in two. Its Ternes section is now attached to the Champs Elysées-Montaigne ITZ, while the Maillot area has become the Palais des Congrès ITZ, its claim to attracting i…
Read moreMany Emirati families can trace their ancestry to a time when they were involved in the pearl trade, which served as the foundation of their modern-day wealth.Although diving for the treasures is no longer necessary in an era where they can be cultured, Suwaidi said that after the death of his grandfather he felt “socially, culturally and historically” responsible for passing the knowledge on.…
Read more