Don’t look to Baby Boomers to lead the way in consumer spending in the months ahead. A new report from PricewaterhouseCoopers LLP and Retail Forward, owned by Kantar Retail, says that this recovery — unlike those in last few decades — will be shaped by the values of tech-loving Gen Y, and to a lesser degree, affluent members of Gen X.
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Urban Outfitters Inc, owner of brands including Anthropologie, has announced a new bridal label amid a growing wedding trend in ready-to-wear.
Lebanese designer Zuhair Murad told Relaxnews earlier this year that wedding dresses would save the haute couture industry in the long run - “a haute couture dress that you’ll hopefully only use once in a lifetime, that’s our niche in the market” - but recently, bridal gowns are also being incorporated into more budget-conscious designer ranges.
The new Urban Outfitters brand, which will be launched with a website next Valentine’s Day, will carry gowns ranging from $1,000 to $5,000 as well as bridesmaid dresses, and other wedding gear including gifts and invitations.
Design duo Badgley Mischka also announced a collection of dresses for the budget-conscious bride: priced between $2,000 and $4,000, they cost half the usual price of a dress by the label.
And bridal dress designer Monique Lhuillier launched a more affordable range of her styles, called Bliss by Monique Lhuillier, retailing between $2,300 and $3,500.
The internet’s top designer shopping site, Net-à-Porter (netaporter.com), already reacted to this trend, inaugurating its wedding boutique last month, featuring brands such as Temperley, Lanvin, and Stella McCartney.
If the trend continues, it will only be a matter of time until bridal dresses are integrated into designers’ ready-to-wear fashion shows and wedding-themed beauty ranges are launched.
Whether the new launches will prove successful with customers, remains to be seen, however. The average American woman spends just over $1,000 for her wedding dress, for example, and web portal onewed.com says that the main trends for 2010 include customized, vintage, and eco-friendly, ‘no-name’ dresses.
This just might be the boldest fashion statement at the shows so far—letting shoppers actually buy the clothes.
The mobile phone is more than just a device for speaking to people while on the go. Consumers are using it more often to compare and shop for deals and products.
Reality show stars Kim, Kourtney and Khloe Kardashian can now sell the clothes right off their backs to their fans.
The 3.3% increase over the previous year cheers merchants but shoppers are still exercising restraint. Nordstrom and TJX post double-digit gains.
Wal-Mart Stores Inc is cutting prices on high-definition TVs ahead of the U.S. Super Bowl championship game, looking to entice shoppers to spend now that the holiday season has ended.
Denim apparel is making a comeback in shops and fashion magazines. But some of the new designs—from denim leggings for women and jean shorts for men to head-to-toe denim outfits for both sexes—risk pushing the revived trend too far.
The consumer may be stirring gently this summer. Leisure-products makers are gearing up for the return of vacationers and home-redecorating projects.
The average consumer had planned to spend $699 on gifts but ended up racking up $811 in purchases, according to a Consumer Reports survey expected to be released today.
Loyalty programs represent a large and growing portion of marketing budgets. But according to a new report from the CMO Council, relatively few companies are fully delivering the elements that are most important in acquiring and keeping participants engaged.
The recession pushed shoppers to pick necessities over discretionary items, discounts over luxury. But retailers hope to shift such behavioral changes further in coming months, affecting what consumers will buy, pay and experience at stores.
The Internet Media Retail Group says many online retailers might not be aware they are breaking the law.
Independent stores nationwide seem to have done as well or better than the chain-dominated retail industry during the 2009 holidays, according to a survey issued Thursday.
American consumers have been profoundly altered by the recession in a way that will have a lasting effect on how they shop and buy.
Retailers trying to influence moms should pay close attention to their social media efforts and also focus on free items, promotions and discounts, according to a Retail Advertising and Marketing Association (RAMA) survey conducted by BIGresearch.
RECENT RESEARCH SHOWS that buying local campaigns provide only limited and short-lived results for small businesses. So, as budget-conscious consumers turn to mass retailers, Internet and malls for bargains, what can small business owners do? Here are three suggestions.
Saks CEO discusses the luxury retail economy at Retail’s BIG show.
All too often, retailers see harmless situations turn into safety concerns: shoplifting incidents escalating into robberies, sales events into mob scenes, and now unsatisfactory burgers into destruction of property.
Holiday sales figures are expected to be in the doldrums this year because consumers, hit with unemployment, tighter finances and jitters about the economy, are planning to spend less on gifts. The National Retail Federation expects holiday sales to dip 1 percent, the second-worst holiday season since 1995, with two-thirds of customers saying the economy will affect their holiday plans.
Responding to the deaths at stores on the day after Thanksgiving last year, the National Retail Federation is issuing crowd control guidelines for retailers.
Retailers are expected to lose less money due to fraudulent returns of merchandise this holiday season from a year ago as stores tighten return policies, according to a survey released on Thursday.
The mobile phone is more than just a device for speaking to people while on the go. Consumers are using it more often to compare and shop for deals and products.
Kronos Incorporated has unveiled the first installment of its Kronos Retail Labor Index, a family of metrics and indices that analyze the relationship between the demand and supply sides of the labor market within the U.S. retail sector.
Independent stores nationwide seem to have done as well or better than the chain-dominated retail industry during the 2009 holidays, according to a survey issued Thursday.
Denim apparel is making a comeback in shops and fashion magazines. But some of the new designs—from denim leggings for women and jean shorts for men to head-to-toe denim outfits for both sexes—risk pushing the revived trend too far.
This just might be the boldest fashion statement at the shows so far—letting shoppers actually buy the clothes.
Here is a project sample created by Epps Consulting for 5 Wacky Women in Cockeysville, MD.
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