Npd group news and archive

Online luxury fashion spending is on the rise, footwear strongest category

Americans are spending more money when buying luxury fashion online, according to a new report by NPD Group. The biggest spend increase came from apparel, which grew 17 percent in 2018 to an average of 716 US dollars spent per buyer. Accessories come next: average spend per buyer rose by 5 percent to 782 US dollars. Footwear spend increased 4...

Jan 31, 2019

Retail

Luxury brands are seeing returns as e-commerce grows

It seems like only yesterday when luxury companies including Louis Vuitton, Chanel and Prada were hesitant to embrace digital commerce. Where once they lagged behind more technology savvy fashion businesses, only dipping their dainty toes into online sales with risk-free products like perfume or accessories, they now see e-commerce platforms as...

Jan 31, 2019

Retail

Online apparel sales expected to grow in the US

Brick and mortar retailers, beware: online-only apparel shops are expected to take share from other channels through 2019, according to NPD’s new report “The Future of Apparel”. While 76 percent of apparel sales in 2017 came from in-store purchases, that represents a 3 percent decrease in comparison to 2016. Meanwhile, online apparel sales...

Jul 24, 2018

Retail

Small money accessories cash in on small handbag growth

Sales of smaller size handbags are on the rise and smaller money accessories, such as card cases and coin purses are cashing in on the trend, according to new research from the NPD Group. Small and mini-sized options were the largest sources of growth in the women handbag category, at the expense of larger sized handbags that have experienced...

Dec 15, 2016

Fashion |REPORT Featured

Logo handbags close to hitting their expiration date

London - The Louis Vuitton Speedy was once seen as the 'It' handbag of the moment. Crafted from monogrammed canvas, its logo surface made it into the one designer handbag women across the global scrambled to attain in the 1990s, signifying status, power and style. However, times have changed and although London is now the cheapest city to buy a...

Nov 2, 2016

Fashion Featured

Is the colour cosmetic industry the next step for designers and celebrities?

London - The cosmetics industry has always been seen as the natural extenstion of the fashion industry as the two go hand in hand. However, over the years more and more fashion brands have begun to encroach on the beauty market with the launch of their own in-house cosmetic ranges, which in turn has led to colour comestic brands seeking out...

Apr 18, 2016

Fashion Featured

Amazon makes foray into fashion world

Amazon has been making moves over the past few months to position itself as a force in the ready-to-wear fashion world. The Seattle-based online retail titan has already revolutionized how consumers shop and has been selling clothes for more than a decade. In 2006, it bought the site Shopbop and snapped up online footwear go-to Zappos three...

Apr 4, 2016