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UK consumers to cut back spending this Christmas

Nearly half (43 percent) of UK consumers expect to spend less this Christmas, according to EY’s latest ‘Future Consumer Index,’ as the cost-of-living crisis intensifies. The research, which surveyed more than 1,000 UK consumers between September 23 to October 14, found that falling consumer confidence due to the cost-of-living crisis will have...

News |Interview

JCA Class of 2022: MA Graduate – Sophie Park

JCA | London Fashion Academy, MA Fashion Entrepreneurship in Design and Brand Innovation graduate Sophie Park debut the first collection of her eponymous plant-based gender-neutral footwear brand during a catwalk showcase in October. Park, the only footwear designer on the MA course, describes her footwear brand as pairing “stylistic originality...

Fashion |In Pictures

LA Gear relaunches with new creative director and retail partnership

Los Angeles-inspired footwear, apparel, and accessories brand LA Gear is relaunching with a new look and an exclusive retail partnership with Fred Segal ahead of its 40th anniversary. Alongside a new visual identity and reimagined sneaker styles, LA Gear has also appointed Dave Osokow, co-founder of the eyewear company Privé Revaux, as its...

Business

Luxury goods market ‘leaps forward’ in spite of economic turbulence, new report says

A new report by Bain & Company has said that the global luxury market took a “further leap forward” during 2022, despite uncertain economic conditions. In the 21st edition of its ‘Luxury Study’, which was carried out alongside Italian luxury goods’ manufacturer Altagamma, the consulting agency suggested that the sector “remains poised” to see...

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