Concerns that eco purchases will suffer in the cost-of-living crisis could be overplayed, research suggests. Shopping with a conscience is “so important” to 65% of consumers who think about sustainability before buying.
With UK inflation rising and costs spiralling, consumer spending power continues to decline. Household disposable income fell by a record £44 a week in June, the eighth consecutive month of decline, a report shows.
Luxury athletic footwear retailer Kick Game continues its UK expansion drive with statement stores in major cities. The latest is in Liverpool, marking its debut there at the increasingly popular Liverpool One mall.
There’s been speculation for some time and it’s finally been confirmed — e-tail giant THG has ended its deal with Japan’s Softbank and the latter’s massive investment in THG’s Ingenuity arm won’t now go ahead.
Budget footwear retailer Shoe Zone issued a trading update less than a month ago, but it delivered another on Tuesday and unlike some updates that come in quick succession, this one didn’t contain any bad news.
Italy’s Benetton has named Andrea Incontri as Creative Director of its women's, men's and children's collections. The SS23 collection, the first to be designed by him, will be shown in September at Milan Fashion Week.
Alibaba will apply for a primary listing in Hong Kong and keep its U.S. listing, the first big company to take advantage of a rule change allowing Chinese firms with dual class shares to seek dual primary listings.