The global luxury market is gradually recovering and should return to pre-pandemic levels by next year, a new report shows.
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157 published items with the word (s) or phrase Insight in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Luxury is recovering, China and US are key, Europe stays cautious")
Luxury is recovering, China and US are key, Europe stays cautious -
![]( "British shoppers will spend with \"deserving\" brands - study")
British shoppers will spend with "deserving" brands - studyUK shoppers are increasingly choosing to spend their money with brands depending on how much they think those brands deserve their patronage, a new study shows.
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![]( "UK online sales growth slows, but stays in double-digits, fashion is strong")
UK online sales growth slows, but stays in double-digits, fashion is strongUK consumers may have rushed back to physical stores last month, but the reopening of non-essential shops in Britain didn't appear to send online spending's trajectory into reverse, despite speculation that it would.
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![]( "Clothing strength continues online, but year-on-year comparisons are easy")
Clothing strength continues online, but year-on-year comparisons are easyOnline sales continued to grow in the UK during March with a 71.7% year-on-year increase, although given how much of a shock to the system the first lockdown was in March 2020, the strength of the rise was no surprise.
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![]( "Saks Fifth Avenue calls end to fur sales")
Saks Fifth Avenue calls end to fur salesThe New York-based department store retailer has announced that it is closing its fur salons and plans to stop selling all products made using animal fur by the beginning of 2023.
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![]( "Clothing and footwear get online sales boost from roadmap to lockdown end")
Clothing and footwear get online sales boost from roadmap to lockdown endOnline retail sales surged again in February and fashion was a key beneficiary. And it was encouraging that footwear sales sprang back to life after a tough year due to the pandemic keeping consumers at home.
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![]( "HBC to launch Saks Fifth Avenue's online business as separate entity")
HBC to launch Saks Fifth Avenue's online business as separate entityHBC, the owner of Saks Fifth Avenue, said on Friday it would launch the luxury department store’s e-commerce segment as a separate business following a $500 million infusion from a U.S. private equity firm.
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![]( "January online sales accelerate, clothing up 20%+")
January online sales accelerate, clothing up 20%+Online sales reached record levels in January with a huge 74% increase year-on-year, which is the highest rate since fast growth started with the onset of lockdowns in March last year.
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![]( "Strong December caps “standout” 2020 for online retail sales, but fashion, footwear struggled")
Strong December caps “standout” 2020 for online retail sales, but fashion, footwear struggled2020 was truly the year to be a digital trader in the UK above any other. Boosted by a final flourish in December, overall online retail sales last year leapt 36% on the previous year.
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![]( "UK's Black Friday week lags forecasts - IMRG")
UK's Black Friday week lags forecasts - IMRGGood but not spectacular. UK online retail sales across the Black Friday weekend were “very strong” this year, although they failed to match forecasts in spite of England being confined to lockdown shopping, IMRG said.