JD Sports CEO Blames Nike for Slumping Sales
Shoppers “get bored very quickly,” Régis Schultz, JD Sports’ CEO, said.
From Zoom styling consultations to digital VIP dinners, here’s how luxury retailers are continuing to woo the wealthy.
Millions of consumers — particularly older ones — say they may not shop in stores until there’s a coronavirus vaccine. Many aren't big fans of e-commerce, either. Here’s how to keep them spending.
High-spending Gen-Z consumers are increasingly important to luxury retailers.
Net-a-Porter, MatchesFashion and other e-commerce players are courting the 1 percent with private dinners, personal shoppers and couture.
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Australian online exports to China have become a market susceptible to consumer fickleness, nuanced regulatory changes and the whims of tens of thousands of "daigou" shoppers.
With data science at its core, the San Francisco-based startup aims to offer fashion that’s ‘just right’ for every customer.
Brands are working harder than ever to forge personal relationships with top-spending clients, often earning higher margins along the way.
A handful of tech-powered personal shopping apps are trying to make yet another white-glove service more scalable.
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At the luxury level, personal shopping services make customers spend significantly more. How do these services work? And can they work on the high street?
Chinese workers and overseas students in Russia have been snapping up goods at low prices caused by the steep fall in Russian rouble rates before brands can adjust them. These shopping agents, known as "daigou," stockpile the products before selling them at a profit to buyers back home.
Chinese workers and overseas students in Russia have been snapping up goods at low prices caused by the steep fall in Russian rouble rates before brands can adjust them. These shopping agents, known as "daigou," stockpile the products before selling them at a profit to buyers back home.
"The recession may not be over, and retail sales in many quarters have slowed, but American women who can afford it are still willing to pay for
London-based start-up Thread, which has attracted a number of influential investors, advisors and retail partners, is building a scalable personal styling service with an ingenious blend of human stylists and intelligent algorithms.
Shoppers “get bored very quickly,” Régis Schultz, JD Sports’ CEO, said.
British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1 percent.
Luxury watchmaker Favre Leuba plans to unveil more than two dozen timepieces later this year, priced as much as 24,000 Swiss francs ($26,489), as part of a brand relaunch that seeks to expand the Swiss pioneer’s appeal beyond its majority Indian consumer base.
L Catterton, backed by French luxury group LVMH Moet Hennessy Louis Vuitton SE, is launching a new vehicle to invest in Indian consumer-sector companies as it increases the focus on the fastest-growing major economy in the world.
The online market for secondhand apparel hit $20 billion in the US in 2023 and is expected to more than double over the next five years, according to a new report from ThredUp and Global Data.
The Swedish retailer recorded operating profit of 2.08 billion Swedish krona ($196 million), with operating margin more than doubling from the year before.
Major UK fast fashion retailers will change the way they promote the environmental credentials of their clothes after being accused of greenwashing by a UK watchdog.
The luxury parka retailer’s job cuts follow two quarters of single-digit sales growth after increases of more than 20 percent the previous two periods.