Latest Articles in Retail

Black Friday 2024: What lessons does it offer for the Christmas campaign?

After the intense Black Friday, a date that has evolved to become a key thermometer for measuring consumer confidence and a turning point in retail sales, companies are preparing for a crucial stage of evaluation and adjustment. Historically associated with the transition from "red numbers" (losses) to "black numbers" (profits), this strategic...

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Luxury handbag market pivots to accessible pricing

The global luxury handbag market is experiencing a realignment towards more affordable price points, according to comprehensive data from Joor, the digital wholesale platform. The latest analysis of global handbag transactions reveals a nuanced picture of consumer spending and retailer strategies. While the overall bag category has maintained...

Retail

Sunspel expands West Coast presence with Montecito flagship

British luxury brand Sunspel is set to unveil its latest retail outpost in Montecito, California. The boutique, housed within the Montecito Country Mart, is more than just a new point of sale - it's a calculated expansion that speaks to the brand's growth strategy and understanding of American luxury consumption. Strategic market positioning...

Retail

Number of shoppers drop despite growth on Black Friday

An estimated 197 million people shopped during the five-day holiday weekend from Thanksgiving through Cyber Monday in the United States, but lower than last year's record of 200.4 million, an annual survey by the National Retail Federation or NRF shows. However, Black Friday shoppers grew from last year, and remained the most popular day for...

Retail

Amazon reports record-breaking Black Friday Week & Cyber Monday 2024

Online giant Amazon has reported a new record-breaking Black Friday Week and Cyber Monday. This Thanksgiving holiday seasonal sale event was the company’s largest to date, compared to the same 12-day period ending on Cyber Monday in prior years. Running from November 21 to December 2, Amazon offered some of the biggest deals of the season across...

Retail

Leem opens first permanent UK store

International womenswear brand Leem has opened its first permanent store in the UK at Westfield London, following a pop-up at the shopping centre in 2023. In a statement, Leem said the transition to a permanent store marks a “significant milestone” in the womenswear brand’s global expansion plans and is part of the brand’s broader strategy to...

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Fashion Sales Boom in South America: Stores Reveal Their Secret Weapon

In today’s highly competitive fashion market, companies constantly face the challenge of gaining an edge and standing out to attract and retain customers. This raises an important question: how can businesses distinguish themselves in such a crowded landscape? Recently, fashion sales in South America have surged significantly. Intrigued by this...

Retail

Jil Sander opens new flagship store in Tokyo

The fashion house Jil Sander has expanded its presence in Japan. On Monday, the company, which is part of the Italian clothing group OTB SpA, announced the opening of a new flagship store in Tokyo. The store in the Ginza district has a total area of 627 square meters on two floors, making it the label's largest to date worldwide. With the new...

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Mobile devices dominated US Black Friday sales, driving 79 percent of all website traffic

A staggering amount of Black Friday shopping took place on mobile devices this year, accounting for 79 percent of all site traffic, according to the latest insights from Bluecore. For the seventh consecutive year, the retail technology company studied consumers' Black Friday shopping habits and purchases across 150 retail brands in seven retail...

Retail

US Black Friday retail sales grow 3.4 percent this year

Black Friday is far from being over in the United States, as shoppers across the nation continue to indulge in the annual discount day. According to preliminary insights from Mastercard SpendingPulse, retail sales (excluding automotive) grew 3.4 percent year on year on November 29, compared to Black Friday in 2023. As more retailers spread out...

Retail

The RealReal opens new store in Miami's Design District

The RealReal, the biggest online marketplace for secondhand luxury goods, has opened a new store in the Design District in Miami, Florida. The second store to open in Florida, the opening marks TheRealReal’s fourteenth physical store across the United States. Featuring a custom concept that reflects the city’s iconic art deco influence and...

Retail

German retailer About You opens Fabletics brand store

At the beginning of the month, the Hamburg-based online fashion retailer About You opened its own brand store for the US sportswear label Fabletics on its platform. The launch will be accompanied by "an extensive marketing campaign that includes large-scale placements in the About You shop as well as influencer collaborations, photo productions...