Marshal Cohen, chief industry advisor, retail at The NPD Group Inc., shares insights behind the data.
Retailers must find their new purpose in the emerging integrated marketplace if they are to drive long-term customer loyalty.
Retail sales dipped 2.2%, hit by the U.K., while underlying sales rose 1%.
New China luxury report highlights shift toward direct brand-operated e-commerce, females and young consumers.
The pilot project is an innovative approach to product development and marketing fashion faster.
Results show that the university generates $600 million a year for the state.
The app targets customers where they are spending: on their phones.
Vita Liberata is part of a growing prestige self-tanner market.
As they seek to cater more to the booming Chinese market, luxury brands are rushing to adopt more digitally driven strategies.
The luxury power couple is back, although it’s hard to find hot combinations of commercial and creative chiefs.