Forecasts and Analysis

Accessories News

Forecasts and Analysis

GREECE

Greek Debt Concerns Moderate, Long-term is Another Story

As Greek officials begin bailout negotiations with its creditors this week, the economic impact of the debt crisis may not have been as bad as initially thought — at least in the short term.

Back-to-school

Study: B-t-s Shoppers Seek Value, Stick to Budget

Contradicting other back-to-school forecasts, Synchrony Financial’s latest read on the season has consumers expecting to spend the same or slightly more than they did last year.

Slowed Consumer Spending a Drag on State Tax Revenue

As consumer spending remains sluggish, the impact on taxes generated from retail sales is also feeling pinched — and could have a negative impact on local municipalities.

Hong Kong Losing Luster as Luxury Hub, HSBC Analyst Says

Erwan Rambourg predicts a rash of luxury boutique closures in the next few years.

IMF Report: Global Inequality Rising, Policies Needed

Growing global inequality is hampering economic growth, and policies are needed to reverse this trend.

U.S. Hemp Production Poised for Growth, but Apparel Demand Remains Small

A recently released policy report said there is potential for commercial growing of the plant in the U.S.

Customers shop for back to school supplies at a Target.

Forecast: B-t-s Sales Growth Weak for Specialty Apparel Segment

Customer Growth Partners expects the apparel firms to see a 1.5 percent sales increase while department stores experience a 4 percent decline.

Digital Luxury Market Seen Tripling by 2025

McKinsey study deems e-commerce an indispensable growth factory in luxury, set to generate 70 billion euros by 2025.

Tehran, Iran, retail

Western Brands Eyeing Iranian Consumers

In anticipation of the ending of sanctions, Western luxury and fashion brands are eyeing the Middle Eastern nation.