According to a holiday shopping report released by the NRF and Prosper Insight & Analytics on Wednesday, young adult consumers are the age group most likely to increase their spending over the festive season this year.
China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba which saw $25 billion worth of goods sold on its platforms alone in the 24-hour period last year.
UK retail may be under a dark cloud at the moment, but new retail developments have come thick and fast this year and the latest is the opening of Coal Drops Yard at King's Cross with a quirky mix of stores.
Luxury’s strength was prominent in the latest Interbrand ranking of the Best Global Brands Thursday, but even the biggest names couldn’t rival digital when it came to the brands that are key for consumers.
A recent study of teenagers’ conversations by Engagement Labs has found that they are moving away from traditional youth brands such as Abercrombie & Fitch, as Nike continues to cement its position as a Gen-Z favorite.
China’s market regulator said on Friday that after a meeting with online discounter Pinduoduo Inc the company agreed to step up vetting of the products listed on its platform amid reports of counterfeiting.
Fitbit Inc on Wednesday outpaced Wall Street estimates for quarterly results as its strategy of adding smartwatches to its product line got a boost in the second quarter with higher sales for ‘mass-appeal’ Versa.