Sales news and archive

December sales boost fails to save UK retail’s “Golden Quarter”

Christmas fails to save 2024 trading, as new data from the British Retail Consortium (BRC) and KPMG International reveals that UK total retail sales for the year increased by just 0.7 percent from 2023, while non-food declined by 1.5 percent. For the three months to December, known as the “Golden Quarter,” sales growth was 0.4 percent...

RetailFeatured

Retail braces for a rocky start to 2025

The British Retail Consortium’s latest BRC-Opinium Consumer Confidence Tracker paints a stark picture for the retail sector heading into 2025. While consumer sentiment around personal financial situations held steady at -3 in December, broader economic pessimism deepened significantly, with expectations about the state of the economy plunging to...

RetailFeatured

UK retailers brace for challenging holiday season

A recent study by Fiverr International Ltd. reveals a stark disconnect between UK retailers' expectations and consumer spending intentions for the upcoming holiday season. The survey, conducted in partnership with Censuswide, polled 500 UK consumers and 500 small-to-medium business leaders, offering insights into the strategies retailers are...

Fashion

Vestiaire Collective launches new charity celebrity closet sale with Jessica Chastain

Luxury resale platform Vestiaire Collective has announced its latest celebrity closet sale with Academy Award winner and producer Jessica Chastain and her stylist Elizabeth Stewart. Part of the global secondhand platform's growth strategy for the US, the announcement comes not long after Vestiaire Collective introduced 0 percent commission fees...

From margins to sell-through: Important figures used in the fashion industry

On this page you will find key figures used in the fashion industry to monitor and optimise performance, such as sell-through, margin, and turnover, among others. Retailers use numerical analyses to substantiate business decisions, such as making a purchasing plan and budget for the next fashion season. “We sometimes compare choices for budgets...

Retail

Fashion sales grow in Brazil in December, says retail association

Despite the crisis, the month of December was positive for many Brazilian fashion retailers, according to the Brazilian Association of Textile Retail (ABVTEX, in the original acronym) which represents around 90 prominent fashion brands, including C&A, Zara, Hering, Forever 21, Dafiti Group, Netshoes and Marisa. A surprising 62 percent of ABVTEX’...

BusinessMember

Alibaba says profit up 132 percent in 'outstanding' quarter

Chinese e-commerce giant Alibaba said on Thursday that its net profit soared 132 percent in an "outstanding" latest quarter, prompting it to raise its projection for full-year revenue growth. Net profit for the three months ending September 30 reached 17.67 billion yuan, (2.67 billion dollars), up from 7.62 billion yuan in the same period of...