The Spring Statement on Wednesday proved a mixed bag for many. Chancellor Rishi Sunak cut fuel duty, lifted the level at which people start paying national insurance and promised a 1p cut in income tax within two years.
UK inflation is continuing to head upwards and the latest figures from the Office for National Statistics on Wednesday showed the Consumer Prices Index (CPI) up by 6.2% in the 12 months to February 2022.
How good were marketing tactics for fashion, jewellery and luxury online retailers in February? Well, they generated a 32% total sales uplift, according to the Monthly Real Time Marketing, based on 350 global companies.
Inditex's leading retailer, garnering a turnover of €19,586 million in 2021, continues to expand Zara Beauty with makeup products. Its apparel ventures once again into the premium end of the market with Zara Studio.