Many U.S. Hispanics are cutting back on discretionary spending, worried about possible harassment by immigration or law enforcement officials since the election. Athletic wear is set to take a hit, according to reports.
Physical stores remain key to UK prestige beauty sales with rising turnover and more initiatives to engage customers face to face. But online growth is exploding, according to new data from research firm NPD Group.
The market for the sale of prestige beauty in the UK rose 4% to £2.55bn last year, says a new report from The NPD Group, with the best growth seen in key cities including Liverpool (15%), London (9%) and Birmingham (8%).
The US apparel industry continues to enjoy the consistent growth experienced over the past few years, according to a recent report. Conversely, footwear and fashion accessories industries are now in decline.