Branded-but-price-conscious fashion and beauty is of growing importance in the UK and Findel is reaping the rewards as its Studio operation expands and sees potential for the future too, despite slowing growth.
Watch brand Daniel Wellington, apparel brand Fashion Nova and four different Kardashian brands each earned multiple millions in Earned Media Value over Black Friday, thanks to product mentions on Instagram.
As store sales fall and purchases shift online over the Thanksgiving weekend, most U.S. retailers have boosted their web offerings but many still overlook the sales impact from opening their doors on Thursday evening.
In-store retail spending for indy fashion retailers over the Black Friday shopping period was up 55% compared to an average week, but the discounting rate was 480% higher, as they worked hard to attract consumer spend.
John Lewis had a much better time of the seven days to November 24 than recently with its parent company seeing sales up 4.2% to almost £380 million but the department store chain and its webstore leaping ahead by 7.7%.
Major London landlord Shaftesbury saw its portfolio value rising in the year to September as it shrugged off the wider UK retail downturn due to higher rents and its strength in areas such as Covent Garden and Carnaby.
Hema plans to sell part of its store portfolio to franchisees in order to invest in the acceleration of its international expansion. It marks the latest move by the chain's new owner since its acquisition in October.
This year’s Black Friday was “a huge hit for online retailers, but did little to help the struggling bricks and mortar stores throughout the UK,” specialist tracking firm Springboard said on Monday morning.