A price jump in wool from Australia, the world's top exporter of high-quality fleeces, is rattling through the global clothing supply chain, with some mills passing along costs and retailers cutting down on wool.
Almost three quarters of consumers are intending to shop either online or in stores over the upcoming holiday weekend, according to a Deloitte study, with Cyber Monday expected to attract the biggest spend.
UK consumers remain hooked on Black Friday deals, even if most of them don’t believe that those deals are as good as they’re made out to be, but they will save some spending until December and fashion will be a priority.
Organized retail crime has hit a record high according to a new NRF study, with losses averaging $777,877 per $1 billion in sales and nearly three-quarters of retailers surveyed reporting an increase in the past year.
The French will spend 19 billion euros ($21.5 billion) on online purchases over Christmas and the Black Friday to Cyber Monday sales days, lifting total online retail sales to over 90 billion euros for 2018, said Fevad.