70% of Asian luxury consumers prioritizing craftsmanship over brand, design- Bluebell Group

The fourth volume of its ‘Asia Lifestyle Consumer Profile’ report, covering consumers across six markets — Mainland China, Japan, South Korea, Hong Kong, Taiwan and Southeast Asia (Singapore and Malaysia) — found that…

Consumer companies from Levi to Target brace for a hit from student loan repayments

Retailers Target Corp. and Walmart Inc. and jeans maker Levi Strauss & Co. are among firms flagging to investors they may be in line to feel the brunt of any pullback in spending….

Garment workers seen losing up to $5.8bn in wages during coronavirus

With the pandemic leading to store closures and falling sales, many retailers cancelled orders or demanded discounts from suppliers, jeopardising the livelihoods of tens of millions of workers in the sector.Pressure group Clean…

Global and local searches for UK brands rise, fashion is key sector

Research conducted by Google and the British Retail Consortium showed that online searches for UK retail items rose 9% during Q3 with 27% of searches made in Greater London while 23% of searches…

Luxury watches worth £1 billion reported missing in theft surge

Some 6,815 watches were added to the list last year, a 60% increase compared to the previous 12-month period, the company said Monday.As secondary-market prices for the most in-demand models from Rolex, Audemars…