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News & publications

Related news & insights - Gavin Stenton

Fashion, luxury and lifestyle news aggregator - February 2023
Posted: 28/02/2023
Luxury conglomerate, Kering, have recently announced plans to create an in-house beauty division to develop cosmetics and perfumes for some of its fashion brands. This is a strategic move to build a ‘new area of expertise’ for the group, which is hoped will widen their customer appeal. Rafaella Cornaggia has joined from Estée Lauder......>>
Fashion, luxury and lifestyle news aggregator - January 2023
Posted: 27/01/2023
While retailers can usually count on Black Friday as one of their busiest days to boost sales figures, this year saw sales volumes drop by 0.4% in November. Purse strings inevitably continue to be tightened as the cost of living crisis persists and households adjust to rising prices, but it is perhaps surprising that this year online sales were the weakest link......>>
Fashion, luxury and lifestyle news aggregator - November 2022
Posted: 30/11/2022
November has seen some high-profile acquisitions and insolvencies, from the high street to Savile Row, as the lasting impact of the pandemic and ongoing pressure of inflation continue to squeeze the UK high street. Frasers Group has acquired Gieves & Hawkes, a bespoke tailors with five UK stores. Frasers Group, led by Mike Ashley......>>
Fashion, luxury and lifestyle news aggregator - October 2022
Posted: 28/10/2022
Over the last two decades, UK consumer spending on Halloween has gone from just £12 million to a predicted £687 million – an almost 60-fold increase. While nowhere close to America’s predicted spend of $10.6 billion, in the UK Halloween is now the third biggest shopping event for supermarkets, following Christmas and Easter......>>
Fashion, luxury and lifestyle news aggregator - September 2022
Posted: 30/09/2022
Of the many measures contained in the UK government’s mini-budget announcement at the end of September, retailers had cause for celebration over the news that VAT-free shopping will be reintroduced, after it was somewhat controversially scrapped post-Brexit by former chancellor Rishi Sunak......>>
Fashion, luxury and lifestyle news aggregator - August 2022
Posted: 24/08/2022
The phrase ‘revenge spending’, reportedly first deployed in the 1980s, characterises the incremental increase in consumer spending – relative to normal levels – after an unprecedented adverse economic event (such as a global pandemic). Put simply, revenge spending describes the urge to spend money to make up for the previous inability to do so......>>
Fashion, luxury and lifestyle news aggregator – July 2022
Posted: 25/07/2022
In May 2022, inflation in the UK reached 9.1%, a level which has not been seen for over 40 years. Prices of essential everyday items including pasta, bread and crisps are among the worst affected, and the average household’s annual spend on groceries is expected to rise by almost £400......>>

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