Groups report soft sales and plans to cut prices as consumer confidence falls to its weakest level in more than a decade
Watchmakers bet big on factories amid downturn; Breguet’s CEO turns anniversary year into a stress-test; how zodiac symbolism travels through luxury; and the gemstone outpacing gold and inflation
As much as 40% of designer goods were sold at steep markdowns this year, analysts say
Age group accounts for a rising share of spending but only a fraction of advertising budgets is aimed at it
Figure surpasses expectations after growth boosted by consumer spending
In the consumer products space, rulers are dethroned with alarming speed
Spending in November was hit by Budget uncertainty
Consumer confidence drops to second-lowest level since pandemic as inflation lingers
US retailers are emulating European peers by selling more groceries under their own brand names
Capitalism is not giving me what I want, but I’m not behaving like a good free market consumer myself
Shares in US regional banks fell on Thursday after two lenders disclosed that they w…
Buying with the help of generative artificial intelligence is like having a personal shopper who knows exactly what I want
Booming demand is straining a supply chain that prioritises quality and cannot expand quickly enough
Times are tough for property owners. Threats from sources as diverse as fire and cyber security are rising, tenant preferences are rapidly shifting, and rules covering safety and climate change are evolving. On top of that, valuations in many markets have been falling
Trend for Japanese tea-based beverages driven by health benefits and what looks good on social media
Toy company’s stock falls amid concerns about faltering resale market
There is more than just escapism at work as grown-up collectors and hobbyists swell the market
UK chain hit by rising costs and competition from upmarket rivals
In one patch of the world’s biggest economy, spending habits fail to match shoppers’ anxiety
Rubber clog maker predicts 10% quarterly revenue fall and warns that poorer consumers are ‘not even going to stores’
Plus, is the emerging markets party over?
Local jewellers chip away at European dominance in domestic market as consumers move towards homegrown products
Chains battle to ensure no one has to wait for their caffeine shot
Frequent flyers will go to incredible lengths to unlock perks as companies tighten the rules