United States retail sales in the months of November and December are forecasted to increase 5.7 percent year over year, reaching $885.7 billion. That is an increase from the 3.2 percent growth rate predicted earlier this year, and the highest since the 6.3 percent rise in 2011.
Department store chain Nordstrom is the top-rated luxury retailer, according to findings detailed in the Luxury Institute’s third annual Luxury Multi-Channel Engagement Index.
Fifty-nine percent of branded Instagram posts feature individuals, while 38 percent only include product, according to an infographic by Curalate.
Travel and events group Premier Tennis is serving an ace for charity with the world’s “most exclusive” tennis match.
With the use of beacons by retailers and brands to engage mobile shoppers reaching unprecedented levels this holiday season, a new report from inMarket forecasts that proximity marketing will impact $7.5 billion in spending by millennials during this period.
Whether it is because your budget needs to get used up before the New Year, or because you want a cut of the consumer holiday spend pie, I suggest keeping the extra spending this time of year to a minimum.
Lagos, Nigeria and Mumbai, India are poised to become major players in the luxury world, according to a new report by commercial real estate services adviser CBRE.
U.S. apparel label Marc Jacobs is using fashion to make a difference this holiday season through a partnership with The Sato Project.
The total aggregate spend for gifts this holiday season is expected to reach $75.3 billion, a 5.5 percent increase from the year-ago, according to a new survey by Time Inc. and YouGov.
The shift to mobile picks up speed in 2016 as consumers look for contextual, integrated experiences, setting the stage for deeper assimilation by businesses and major acquisitions, according to new predictions from Forrester Research.
