Tag: Consumer behavior
Richemont Reports Resilient Q1 Performance with Alaïa Holding Strong Despite YNAP Sales Decline
Luxury giant Richemont recently reported its Q1 results, showcasing a "resilient" performance in a challenging global market. While brands like Alaïa thrived, others like Chloé and YNAP faced some challenges.In terms of sales, there...
High Demand for Smaller Womenswear Sizes Leads M&S to Increase Stock
Marks & Spencer is responding to a surge in demand for smaller sizes in womenswear by increasing its stock levels. Stuart Machin, the chief executive of the retailer, stated that the proportion of items...
Challenges Faced by Today’s Luxury Market: Insights from Sergio Tamborini
Sergio Tamborini, the head of Sistema Moda Italia (SMI) and Ratti, a leading silk specialist in Como, shared his insights on the challenges faced by today's luxury market with FashionNetwork.com. According to Tamborini, the...
Sock War: Millennials vs. Gen Z – Who Will Win?
A new fashion debate has emerged among different generations - ankle socks or crew socks? Gen Z individuals like Kalissa Persaud, 22, from Queens, prefer crew socks that reach their calves. For them, the...
Impact of Social Spending on Retail Sales: Insights from O2 Study
The O2, a popular live entertainment, leisure, and retail destination in Greenwich, South East London, has conducted a study in collaboration with data specialists CACI to analyze the impact of social spending on retail...
