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28 May

Marks & Spencer Bounces Back With Fashion

by Beauty Tips
Fashion, Featured
Marks & Spencer Bounces Back With Fashion
LONDON — Fashion is back in business at Marks & Spencer. The retailer reported that pretax profits rose by 21 percent to 476 million kilos within the yr to April 1 due to apparel. Marks & Spencer has been doubling down on the denim market. The report said their denim market share grew by 13 percent, up from 10 percent from two years ago. Sales on the business increased by 9.6 percent to 12 billion kilos. The news sent shares up almost by 12 percent for the publicly listed company. The apparel numbers held their very own. Marks & Spencer sold 1.6 million pairs of their 22.50 kilos jeans; men’s crewneck T-shirts and polo shirts were two of the bestselling lines with 2.7...
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23 Dec

Consumer Confidence Bounces Back, Spurs Holiday Retail Rally

by Beauty Tips
Fashion, Featured
Consumer Confidence Bounces Back, Spurs Holiday Retail Rally
Consumers bought slightly cheer back into the vacation season.  The Conference Board’s closely watched Consumer Confidence Index rebounded in December following back-to-back monthly declines.  The index rose sharply to 108.3 for this month, marking a rise from 101.4 in November and the very best reading since April.  That was an enormous — and welcome — surprise as economists had penciled in one other decline, to 100.5.  Wall Street ran with the news and pushed the market higher with the Dow Jones Industrial Average up 1.5 percent, or 488.03 points, to 33,337.77 in midday trading.  Leading retail and fashion stocks was Nike Inc., which was also benefiting from a powerful quarterly profit report late Tuesday, and saw its refill 13.5 percent to $117.17 in midday trading.  Among...
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2 Dec

Wubbzy bounces back Mixed Use, Entertainment Trends Speed up

by Beautifaire101
Beauty, Featured
Wubbzy bounces back Mixed Use, Entertainment Trends Speed up
Wubbzy bounces backas Mixed Use, Entertainment CANNES, France – Wubbzy bounces back Mixed Use, Entertainment Brick-and-mortar is back as retail looks to reconnect with consumers after two years of on-and-off closures and restrictions. That was considered one of the important thing takeaways from the MAPIC retail real estate conference, which returned to a full program for this yr’s edition. While pre-pandemic “normal” doesn’t look to return any time soon within the face of ongoing global economic and political challenges, retailers and shopping mall developers alike are responding to recent consumer patterns and the increasingly competitive landscape with recent amenities, entertainment and embracing omnichannel integration. The conference opened under the theme of “People, Planet and Profit” and attendees tried to supply up a positive vision of...
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