John Lewis’s weekly sales may have been sluggish in recent periods but Black Friday saw some pent-up demand being unleashed as the company said it saw 495 units being ordered online per minute between 07:00 and 08:00.
There may be huge discounts on the UK high street at present but British stores are feeling surprisingly upbeat about the Christmas shopping season overall, a new survey shows, although fashion sales could be weak.
Kate Spade has opened its first full-price standalone UK store outside of central London with its Bluewater debut. The Tapestry-owned brand has opened close to sister label Coach’s still-new location.
Shoppers splurged more than $1.52 billion online by Thanksgiving evening, up 16.8% over last year, and more bargain hunters turned up at stores this year as retailers opened their doors early on the eve of Black Friday.
The Japanese label is readying its first European store for a December opening in Paris. Bape (aka A Bathing Ape) will move into a space on 34 rue de la Verrerie, next to the BHV Homme department store.
Two major pieces of news this week have underlined the challenges facing Australian retail as Amazon makes its official debut and the owner of Australian fashion chains Katies, Millers and Rivers is to close 300 stores.