The past year has proved to be a reset for many people, in many ways. And as profound as Covid-19 has been on individuals, its consequences on the commercial world have been just as marked. For businesses, 2020 created a point in time where whole strategies, sector specifics, employee expectations and channels of sales and communications have been reappraised. The crisis has been a catalyst for revaluating commerce and identifying where genuine value lies.
Formalwear has taken a particular battering during the pandemic, with venues closed, events off and occasions massively restricted, but is there a brighter post-Covid-19 future ahead for smart dressing and formalwear sales?
The capitals of Europe have long been destinations for foreign tourists, most notably Chinese and Arabic visitors, to fill their shiny Rimowa suitcases to bursting with luxury goods. Buying a new Hermès bag on the Rue du Faubourg Saint-Honoré or a bespoke suit on Savile Row felt more authentic and could seduce many an international visitor to spend, spend, spend.
The UK should reap the benefits of a spending boom once the latest lockdown lifts, according to the latest survey from consumer and location intelligence specialist, CACI.
It was back in May 2020, just two months into the pandemic, that online fast-fashion group Boohoo started laying the groundwork for its recent spending spree. The Manchester based business raised £198m in a share placing, leaving the company with around £500m in cash.
We take a deep dive into the world of Marketing Science with Kevin McSpadden, founder and CEO of More2. Kevin works with retailers at board level to get them focused on the right measures and actions that will ensure their future success.
2020 was a year we will never forget, as UK retail faced the harsh landscape of lockdowns, social distancing restrictions and a lack of disposable income due to the repercussions of COVID-19.
"Getting into the ports has been challenging. We've had to air freight more than we'd like to into the UK, and although there have been no issues trading with the US or outside of the EU, definitely until they sort out what I hope are some of the teething issues [...] it's challenging and difficult."
Fashion exporters heaved a huge sigh of relief at the end of 2020 when it was announced that the UK and EU had reached an 11th hour trade agreement before the end of the Brexit transition period on 31 December 2020.
Despite the huge shift to online shopping, consumers give short shrift to mobile websites and mobile web-apps that don’t work quickly or look right, according to website testing platform LambdaTest.
In 2006 Sir Philip Green, then owner of fashion retail giant Arcadia, was awarded a knighthood for his services to retail. He was not only the "king" of the high street but he was, as he liked to be known, "the emperor" with his palace based at 214 Oxford Street – better known as "Big Topshop" and the most exciting fashion retail location in the country.
UK retail sales volumes increased in December as stores were allowed to reopen briefly, following the end of the second national lockdown in England, new figures show.
At the start of the new year the lights went dark on Bottega Veneta’s social media. Vamoose, it was gone. No explanation and no logical reasoning.
Independent retailers have faced growing pressure in recent years: increased rents and rates, the dominance of online shopping and, more recently, COVID-19 and the...
With many non-essential retailers forced to close for the best part of four months of 2020 and restrictions in place through the remainder of...
The shopping experience is changing and each year more customers take to shopping online. This year there has been a further surge due to...
After a pretty lacklustre Christmas 2019 for many, high street fashion and lifestyle retailers across the UK started 2020 facing tough conditions as customer...
However much some of us may want to, 2020 is a year we will never forget. Things got of to a lacklustre start for...
John Lewis has today released its annual ‘Shop Live Look’ report examining how we “lived, worked, socialised and shopped in this extraordinary year.” Key trends...
IN DETAIL: the new Podcast from TheIndustry.fashion in which we get under the hood of the industry and examine the business & consumer trends that