
Luxury shopping in the post-Covid era is seen again as an exclusive gratification, a localised, digital and sensorial experience through authentic, high-added-value products, according to market research firm Ipsos.
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Luxury shopping in the post-Covid era is seen again as an exclusive gratification, a localised, digital and sensorial experience through authentic, high-added-value products, according to market research firm Ipsos.
ByteDance abandoned the sale of TikTok in the United States on Sunday in pursuit of a partnership with Oracle Corp that it hopes will spare it a U.S. ban while appeasing China's government.
U.S. shoppers formed long lines at store checkout counters on Black Friday, offering evidence that a healthy economy and rising wages are translating into stronger consumer spending at the start of the holiday season.
Shoppers in western Europe care how clothes are made and want to be kind to workers and the environment when they update their wardrobe, according to a survey released on Wednesday.
Investors would normally be thankful for a strong U.S. economy, yet this holiday season they worry retailers may have to spend heavily to win, leaving shareholders with a lump of coal.
The biggest shopping day of the year, Black Friday, is almost upon us and retailers are going to have to discount much more than usual because the U.S. Thanksgiving holiday lands on the early side.
UK store portfolios could be cut by as much as 20% as the migration to online, Brexit uncertainty and increasing consumer caution continue to bite, according to a quarterly update from KPMG/Ipsos Retail Think Tank (RTT).
‘Me Myself & Us’, ‘Casual Materialism’ and ‘Intense Fluidity’ are the key attitudes to luxury identified in East Asia, where the consumerist frenzy is being replaced by “sensible hedonism”.
The UK has been named as the largest online exporter in Europe, beating Germany and France, and clothing is the most popular category for cross-border shoppers, according to a new report conducted by PayPal.
UK retailers are at their lowest ebb for half a decade but they haven’t yet reached rock bottom and could have further to fall, the latest KPMG/Ipsos Retail Think Tank report claims.