Shopping news and archive

U.S. retail braces for tariff disruption as consumers pull forward demand

Fashion and retail professionals are watching closely as fresh U.S. tariff threats begin to ripple through consumer behavior and supply chain strategy. Recent visitation data from Placer.ai suggests that the industry is already feeling the effects. According to Placer.ai, foot traffic in the week of March 24–30, surged at warehouse clubs and...

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How consumers want to shop for fashion in-store

Fashion and sportswear consumers are increasingly embracing a hybrid approach to shopping, with 72 percent expressing a preference for both online and in-store experiences, according to recent research. This shift underscores a desire for consistency across channels, driven by the allure of physically interacting with products. Touching and...

Retail

Tokyo tops list of world's best luxury shopping city

Tokyo has topped the list of the world’s global luxury shopping destinations, according to data from high-end travel curator Lartisien. In an analysis of cities renowned for their prestigious designer boutiques, Lartisien said the Japanese shopping capital boasts 217 designer stores, with Tokyo's Ginza district emerging as the ultimate luxury...

Retail

New York’s Fifth Avenue is the world’s most expensive retail street

New York’s Fifth Avenue has reclaimed its position as the world’s most expensive retail street. The data was released by global commercial real estate services firm Cushman & Wakefield, who said the average rents of 2,000 dollars per sq ft beat Hong Kong’s 1,436 dollars per sq ft and Milan’s via Montenapoleone at 1,380 dollars per sq ft. It is...

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New study shows consumers taking digital habits in-store

U.S. consumers are four times more likely to use online ordering and curbside pickup in comparison to other regions, according to a new report. The data comes from the 2022 Global Digital Shopping Playbook, a PYMNTS and Cybersource collaboration, and is part of a six-nation study of more than 13,000 consumers and 3,100 businesses in six major...

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Shanghai to lead China's duty-free economy, boosting local luxury consumption

With the fate of luxury brands increasingly reliant on Chinese shoppers, news that one of its biggest cities is adopting a duty-free shopping economy as part of government plans to foster domestic spending, is good news. With global economies in turmoil and disarray, China is leading the tax free movement with the city of Shanghai announcing...

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Buying in lockdown: what brands expect from the FW21 order season

Fashion weeks are crucial for retail fashion buyers to connect with brands, seek out trends, feel garments, and assess inventory for the coming season. For this FW21 season, due to travel restrictions and lockdowns taking place worldwide, buyers have had to adjust to mostly digital shows and remote buying appointments. Retailers are under...

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2020, the year of livestream shopping

Livestream commerce has exploded in 2020, boosted by brands seeking new ways to deliver digital interactive shopping experiences to consumers who have been confined to their homes. The commercial opportunity for brands is significant, with China’s Commerce Ministry reporting that the number of e-commerce livestreaming sessions topped 4 million...

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AW21 purchasing season: Trend forecaster Christine Boland lists the trends

After a hot summer, the winter of 2020 is approaching. But for the fashion industry, the purchasing season for AW21 is already slowly beginning. Several trade fairs have announced that they will once again take place physically in January in combination with a digital presence. FashionUnited talks to trend forecaster Christine Boland about AW21...

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Retail Trends for 2020

Make your consumers where they are and the way they want to be addressed 2020th Of educational platforms in stores, to on-demand Styling - The retail sector will change in the next 10 years than in the last 1000 years. Here five technologies are presented, which is the way we shop change.

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Retail Trends for 2020

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Lyst: Europe’s hottest fashion brands of 2019

Global fashion search platform Lyst has once again put together The European Fashion Map to present the most popular fashion brands, categories, colours and the average spend in 47 European countries, along with popular timings for online shopping. Lyst’s data team analysed over 50 million visits to the site, which offers 5 million products from...