Report: Gen Z accounts for 20% of all luxury purchases

The luxury industry is undergoing a major transformation, driven by the spending habits and preferences of Generation Z.

60% of Luxury Consumers Prefer Brands Prioritizing D&I

Recent reports indicate that 60% of luxury consumers are more likely to purchase from brands that prioritize diversity and inclusion (D&I).

The Top 10 Biggest Retailers in the UK

The UK retail landscape is characterized by the dominance of traditional supermarket chains and the rapid growth of discount retailers.

20% of Men Are Influenced by Eco-Friendly Brands

In a new survey commissioned by Propel and OnePoll, 65% cited the importance of brand transparency as they look for environmental claims when making purchases.

64% of U.S. shoppers admit to impulsive buying

A new study released by ADvendio, the leading omnichannel retail media advertising platform, reveals that evolving consumer shopping behaviors open significant opportunities for retailers to boost sales and improve customer engagement.

87% of Marketers Increased Sales from Video Marketing

The HubSpot State of Marketing report reveals compelling insights into the impact of video marketing on sales and overall business growth.

Online Shoppers Spent the Most on Home Furniture & Luxury Apparel (Report)

In 2023, global online shopping exhibited notable trends in consumer spending habits and the influence of traffic sources on order values.

1 in 3 brands launched in 2022 discontinued by 2023

According to the latest findings by market research giant Euromonitor International, nearly one-third of brands introduced in 2022 were discontinued by the end of 2023.

Miu Miu named fashion's hottest brand by The Lyst Index (Q1 2024)

As we step into the vibrant landscape of 2024, the fashion industry continues to evolve with an ever-changing array of trends, brands, and standout products.

The 10 Most Popular Luxury Brands Online

The luxury fashion industry continues to thrive in the US, with iconic brands dominating the hearts and closets of fashion enthusiasts.

10 Most Followed Luxury Brands on Instagram (2024 Ranking)

Luxury fashion brands have long captivated audiences with exquisite designs and A-list celebrity connections. So, it’s no surprise the competition among luxury brands on Instagram is fiercer than ever, with each vying for the coveted top spot as the top luxury brands on Instagram.

White Label vs Private Label

In this article, we will explore the definitions of white labeling and private labeling in fashion and how they can impact brand differentiation and fashion branding.

2 to 4% Expected Growth for Luxury Goods Market in 2024

Despite initial setbacks and economic uncertainties brought on by the COVID-19 pandemic,, recent reports indicate that luxury brands are experiencing a significant rebound, defying expectations and showcasing the sector’s enduring appeal.

88% of Americans are now aware of Temu

In 18 months, the Chinese e-commerce platform Temu has achieved a feat that most brands only dream of—becoming a household name in the United States.

54% of shoppers prefer to buy items advertised by 'trusted' retailer

American consumers are increasingly influenced by ads served on retailers’ own websites compared to third-party marketplaces, according to a new study by Intellias, a leading software engineering and digital consultancy company.

Acne Studio Purse Skirt Goes Viral

Acne Studios, a luxury fashion house based in Stockholm, Sweden, is no stranger to innovation and pushing boundaries.

Wealth Report: At Least $5.8 Million to Join America's Top 1%

In today’s world, where the gap between the wealthy and the average citizen seems to be ever-widening, the lifestyles of the top 1% have become a subject of fascination and scrutiny.

20.1% of retail purchases are expected to take place online in 2024

Ecommerce has experienced tremendous growth over the past decade, fundamentally transforming the retail landscape. Ecommerce sales are projected to surpass the $6 trillion mark in 2024 and the worldwide ecommerce share will be 12.4%.

91% make online purchases using their smartphone

In a recent survey conducted by Pew Research Center, 91% of adults aged 18 to 49 report using their smartphones to make online purchases, compared to 69% of those aged 50 to 64 and 48% of those 65 and older.

Luxury brands aim to open more retail stores in airports

Gone are the days when airport shopping was limited to convenience stores, newsstands, and souvenir shops.