Fashion retailers can have good Christmas, but must look beyond Black Friday – report
Affiliate marketing specialist CJ Affiliate said that while the summer season was tough this year, with both in-store and online retailers forced to slash prices early, “the…
G7 global tax plan may hit corporate titans unevenly
Finance ministers from the Group of Seven leading nations on Saturday agreed on proposals aimed at ensuring that companies pay tax in each country in which they…
Italy’s Prada Group partners with Adobe to reimagine retail experience
Prada Group will be able to combine vast amounts of existing data, creating unified customer profiles, and delivering personalised experiences across any channel in real time, the…
Italy to ramp up spending on coronavirus as death toll soars to 827
It was the highest daily increase in absolute terms registered anywhere in the world since the virus emerged in China at the end of last year. Confirmed…
John Lewis sales plunge as late Black Friday skews comparisons
And the news from the John Lewis department stores chain was even worse with a 43.3% plunge. But hold on… was the performance really that bad? Well,…
Chinese snap up used Rolexes, Birkins to satisfy luxury cravings amid slowdown
The former venture capitalist is seeing a surge in people looking to sell their Hermes Birkin bags or Rolex watches to raise cash, as well as a…
GfK UK consumer confidence rises again in March
Admittedly, it’s still in negative territory though. GfK’s long-running Consumer Confidence Index increased two points this month to -36 following a seven points rise in February. But…
Luxury bags are significantly more expensive in China than in Europe
Thanks to a strong dollar (today 1 dollar is equivalent to 0.92 euro), American tourists have returned in force to the luxury shops of the major European…