March US retail sales fuelled by early easter, tax refunds, job growth
Jack Kleinhenz, chief economist of the National Retail Federation (NRF) confirmed that consumer spending from the latest data by the…
inflationary challenges
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Primark price cut on kidswear will boost loyalty say retail experts
Primark announced that it is lowering prices on hundreds of essential kids’ clothing and accessories, reaffirming its commitment to keeping…
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Lingering high inflation poses challenge for US economy
Kleinhenz underscored the role of consumer behaviour in driving the strength of the US economy, particularly in light of the…
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October UK clothing retail sales slow in run up to Christmas
The BRC-KPMG Retail Sales Monitor (RSM), an accurate monthly measure of UK-wide retail sales performance said that over the three…
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Primark profits rise in 2023 as shoppers continue to spend despite price hikes
In the year ended 16 September 2023, Primark's revenue came in better than expected with an increase of 17% to…
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Week in review: fashion industry’s merger mania amid unsteady economy
As the global economy grapples with the impacts of rising costs and shifting consumer behaviours, brands are seeking innovative strategies…
