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...It has distinguished itself from Taobao, on which influencers hawk goods in “chaotic” marathon sessions, typically with significant discounts to lure in shoppers, Plotnick added....
...The Spanish retailer, the world’s biggest fashion group by sales, is the most important global retailer to return to Ukraine, where its outlets were once the prime attraction in many malls....
Economists had expected 0.3% expansion in March
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...The rationale is clear: despite a boom in internet shopping in what was already one of the world’s most developed online markets, most clothes are still sold in shops....
...Shopping centres and retail parks were less popular with shoppers than high streets, with visits down 1 per cent year on year, and about a quarter lower than in 2019, according to MRI Software....
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...An FT Big Read explains how mining company Anglo American is “moving from warming the world to feeding the world” with its $9bn investment in a UK mine that will produce a fertiliser mineral for which there...
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...The update follows a previous strategy overhaul in 2020, focused on putting food at the heart of the business in an effort to stop shoppers from defecting to cheaper German rivals Aldi and Lidl....
...Given that Chinese shoppers accounted for more than a third of the world’s luxury goods consumption before the pandemic, this holiday is also an important time for Europe’s high-end groups....
...This is no mean feat in the fickle world of fashion. Gap, another yesteryear icon, has repeatedly failed to rediscover its previous magic....
...“Now they’ve started coming here, but what can they bring us, they don’t have any shoppers.”...
...Discounter chains such as Home Bargains, as well as Aldi and Lidl, have fared particularly well during the cost of living squeeze as cash-conscious shoppers have traded down and hunted for bargains....
...The quantity of goods bought in Great Britain increased by 0.4 per cent between July and August, following a drop of 1.1 per cent in July when rain deterred shoppers, the Office for National Statistics said...
...More concerning was “the lack of Chinese spending power in Hong Kong, as Hong Kong fades in appeal to Chinese shoppers still willing to spend to other locations,” Moody’s Lim said, noting that “prime among...
...It had a bumpy ride during the pandemic when sales collapsed as the world shut down and supply chains were derailed, but recovered as people splashed the cash on gadgets....
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