Week in Review header logo purple

December 28, 2024

E-COMMERCE

$8B Ecommerce Sales Up for Grabs?

If TikTok’s impending ban in the US, set for Jan 19th, comes into effect, the app’s $8 billion social selling revenue will be looking for a new platform.  Read more

THIS MONTH

Dec 2024 Cover

This month Jennifer Patton, Sourcing Director, Coppel Dept Store, talks about how Coppel built a wildly successful retail business by solving one fundamental problem for customers.

She also discusses the strategic sourcing model the company uses to source innovative products across a vast range of categories.   Read more

RETAIL

UK spending was up 2.3% year on year during the seven weeks to December 20, according to the credit and debit card provider Visa.  

  • Department stores saw a 7% rise in sales over last year. Online spending was up 6.1%.
  • Sales of clothing and accessories were down 2% from last year.  
  • Key retailers including New Look, The Range and Debenhams offered early Boxing Day discounts before Christmas, while Next was offering pre-Christmas access to its VIP sale, which usually begins on December 27.

 

US holiday retail spending has to-date increased 3.8% (excluding auto) from last year, according to a study by Visa.  The study included spending between Nov 1 through Dec 24.

  • Clothing and accessories sales rose 3.6% from last year, while electronics were up 3.7%.
  • Online apparel sales rose 6.7%, while in-store sales were up 0.6%.
  • Department stores sales were up 1.6%.

PODCAST

Terry Nichols Podcast

Conquering Even Your Worst Stress

Terry Earthwind Nichols, a bestselling author and father of Repetitive Behavior Cellular Regression, talks about how to overcome past traumas that continue to disrupt your daily life – including a simple technique you can use anytime and anywhere. 

🎧 Listen to the podcast

BRAND ANALYSIS

Marks And Spencer

How Marks & Spencer Reclaimed Its Role in Fashion

This legendary retailer executed a remarkable turnaround – and is winning with younger, fashionable consumers.   Read more

WHAT C-SUITE EXECS ARE SAYING

Dec 2024 Execs

Thoughts on the advantage of ultra fast delivery, losing brand focus, the growth of high performance activewear brands, creating a successful brand in a hyper competitive market … and more.    Read more

 Opportunities & Offers

Reach a targeted audience of apparel industry decision makers. Inside Fashion’s advertising packages give you affordable market access. Learn more 

Sell multiple countries and scale your business internationally. Handle store localization, compliance, currencies, duty – all from a single Shopify store.  Learn more about Shopify.

Meeting scheduling made easy – and affordable. Other calendar apps charge a monthly fee. TidyCal is a ‘pay once, use forever’ app.  Learn more about TidyCal.

IF Monthly Banner(1)(1)

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

error: Content is protected