During the election, Trump promised lower interest rates â a major consumer concern that some pundits believe influenced the outcome Tuesday â though Saunders noted that rate-setting is not within a U.S. presidentâs purview.
Throughout the season, Etsy is engaging with consumers through podcasts and experiential activations, like a recent holiday pop-up shopping experience in New York City, a first for the brand.
Curology, a personalized skincare brand, uses QR Codes on hang tags in Target stores for products like their Gentle Cleanser, which donât come in unit cartons.
Search and other, the tech firmâs largest segment, was up 12% YoY to $49.39 billion, led by healthy demand from financial services and retail marketers.
Affirm has rolled out its new features just in time for the holiday shopping season, which has previously brought a boost in business for buy now, pay later companies.
At the same time, the retail giant this week also unveiled a host of deals on a wide assortment of products, including toys, tech, electronics, kitchen appliances, home, fashion and décor.
Weinberg said domestic DTC sales improved 3.7% on top of last yearâs 14% increase due chiefly to strong e-commerce growth as more consumers chose to shop online.
Gross margin expanded 2 percentage points to 51.3%, despite the hit from âthis yearâs significantly smaller and less profitable Yeezy business,â and net income soared 70% to 476 million euros, per a company press release.
Nonprime cobrand cards offer millions of people an opportunity to improve their credit score while taking advantage of the rewards that make everyday life more convenient.
By teaming with Megan Thee Stallion and Hunxho, True Religion is tapping into the brand's enduring popularity in hip-hop culture that has helped it weather financial struggles, including a 2020 bankruptcy.
In the earnings report, Mulberry also acknowledged a disappointing financial performance for the 52-week period ended March 30, and said that over the course of its fiscal year, âthe macro-economic environment presented significant challenges for the luxury sector, with markets across the globe facing a tightening of consumer spending.â
In recent years, luxury brands and fledgling investment groups have been spearheading a quiet-but-dramatic shift towards the consolidation of suppliers in Italy, intended to drive efficiency and traceability, and to protect the know-how buried in struggling small businesses.
In a statement around the earnings report, Publicis CEO Arthur Sadoun attributed the gains to the agency networkâs ability to capture âa disproportionate amount of client demand for personalization at scale.â The executive still cautioned of âan increasingly challenging macroeconomic environmentâ but said advertisers were expressing confidence in a call discussing the results with investors.
Oxford Street has faced some major challenges in recent years, including the closure of some of its anchor tenants â such as Topshop and Debenhams â and a proliferation of low-quality retailers (notably, several harshly lit candy and souvenir stores).
Vogue Business brings you weekly exclusive data from Spate tracking historic growth across brands, trends and ingredients.
Unwrapping This Seasonâs Shopper Spending Plans.â Based on a survey of 4,000 adult consumers in the U.S. and UK (equally split), conducted in partnership with Arlington Research, the report highlights some clear indicators of a robust fourth quarter for retailers.
Weâre in the midst of a backwards shift, agrees Jeanie Annan-Lewin, consultant and creative director of Perfect Magazine, who recently wrote about fashionâs return to size zero in an article for Elle titled âMy body has gone out of styleâ.
