The UK’s consumer spending and retail spending reports are coming in for May and they don’t look that impressive. On Tuesday, Barclays released its general consumer spending data for discretionary categories and the British Retail Consortium/KPMG their retail sales numbers, with both showing anaemic growth year on year last month. Photo: Pixabay First Barclays. It…
By Reuters Published May 28, 2025 In an effort to reduce Kering’s overreliance on its struggling flagship label Gucci, French billionaire François-Henri Pinault may have triggered a new crisis. A series of acquisitions has significantly increased the group’s debt load just as the luxury industry enters a prolonged downturn. Reuters Managing that debt has become…
Oh dear. UK fashion brands have been named the worst for online experiences with site speed and user experience (UX) letting them down, according to new research of the sector that attracted a £30 million spend alone last year. Archivo Fortunately for individual brands, the analysis of 1,000 UK websites across 14 sectors by communications…
When Robert F. Kennedy Jr. took the helm of the Department of Health and Human Services in February, he promised “radical transparency” and declared that “both science and democracy flourish from the free and unimpeded flow of information.” But when the Trump administration laid off thousands of employees on Tuesday, the targets included the very…