Asos, the online fashion retailer, has reported record sales and increased its forecasts for the year ahead after it more than doubled its pre-tax profits.
How to pronounce Primark… it’s a question that keeps many people up late into the night.
This year’s series of Love Island — the wildly successful ITV Big Brother-esque reality show — may have ended, but there are long term opportunities for retailers here.
Young people when shopping for clothes have the highest purchase frequency, with 58.1 percent of 16-24s buying clothing at least once a month, compared to 14.6 percent of over 65s, according to GlobalData research.
Amazon is working to build its fashion arm in the UK.
Last year it seemed there was a continuous expose of retailers mistreating staff.
While retailers will have challenges to firefight through this year and will have already tied up much of their 2017 budgets, there are key areas retailers should be investing in to aid organic growth, secure shopper loyalty and take advantage of advancing technology.