China’s consumer market in the post-epidemic era

China’s consumer market in the post-epidemic era

The epidemic has brought unprecedented challenges to the lives of people around the world. China is the only country that has achieved positive economic growth during the epidemic. In the post-epidemic era, Chinese consumers’ needs, purchasing methods, consumption behaviours and attitudes have undergone tremendous changes. The epidemic has brought unprecedented impact to the world The epidemic is still spreading around the world. Retailers and consumer goods companies play an essential role. They not only help people fight the virus, but they are also the backbone of ensuring employment and stabilizing society. But looking at the world, the prospects of these […]

Online Retailers Buying High Street Brands While Losing Bricks And Mortar Shoppers

Online Retailers Buying High Street Brands While Losing Bricks And Mortar Shoppers

ASOS has just relaunched Topshop on its website after rescuing the brand in a £295million deal, which saw administrators to the collapsed parent group Arcadia close down the Topshop website and its shops. The relaunch will be exclusive to ASOS, with the online retailer hoping to drum up demand with a large number of Topshop’s former followers. It’s the latest ecommerce retailer to snap up a major high street name, after boohoo swooped for the Dorothy Perkins, Wallis and Burton brands, and Debenhams, Karen Millen and Coast’s online operations and brands respectively. But with so many well-known brands becoming online-only […]

Dating online on Valentine’s Day: 3 Simple Ways to make your partner feel cared for

Dating online on Valentine’s Day: 3 Simple Ways to make your partner feel cared for

To the single, Valentine’s Day can be a daunting and unnecessary celebration as lovebirds have romantic moments everywhere, presenting each other with gifts. If you are far from your partner or have just met your compatible partner online, you can show them you care online, even when you are yet to meet with them. Before the arrival of the valentine’s celebration, dating sites experience a growth in their database as lots of single men and women turn online to find a dinner date or meet someone they crave to have a home with. The Date online for Valentine’s Day: Tips […]

Things You Should Know About Boxing Day in the UK

Things You Should Know About Boxing Day in the UK

Boxing Day is a holiday celebrated the day after Christmas Day, thus being the second day of Christmastide. Though it originated as a holiday to give gifts to the poor, today Boxing Day is primarily known as a shopping holiday. Here are some most important things you need to know about the holiday. Who Invented Boxing Day? In Britain, it was a custom for tradesmen to collect “Christmas boxes” of money or presents on the first weekday after Christmas as thanks for good service throughout the year. This is mentioned in Samuel Pepys’ diary entry for 19 December 1663. Is Boxing […]

Christmas Gatherings Cancel and London Shops Close Over COVID

Christmas Gatherings Cancel and London Shops Close Over COVID

LONDON (AP) — Millions of people must cancel their Christmas get-togethers and most shops have to close in London and much of southern England, British Prime Minister Boris Johnson said Saturday as he imposed a new, stricter level of coronavirus restrictions on the region to curb rapidly spreading infections. Johnson said Saturday that the capital and large areas in southern England already placed under the highest level of the U.K. government’s three-tiered coronavirus alert system will move into a new Tier 4 that requires all non-essential shops, hairdressers and indoor leisure venues to close after the end of business hours Saturday. […]

UK Inflation Slows Down Due to Black Friday Sales

UK Inflation Slows Down Due to Black Friday Sales

LONDON (Reuters) – British inflation slowed sharply in November after clothing retailers slashed prices by the most in a decade as consumer demand remained patchy amid the coronavirus pandemic. Consumer prices rose 0.3% in annual terms, after a 0.7% increase in October, the Office for National Statistics said on Wednesday. November’s inflation is half that forecast in a Reuters poll of economists and close to the almost five-year low of 0.2% struck in August. But with investors focused on trade talks between Britain and the European Union before the Brexit transition period expires on Dec. 31, there was little reaction […]

What Changed Black Friday Amid COVID-19 in the UK

What Changed Black Friday Amid COVID-19 in the UK

With the U.K., Germany and France entering a second lockdown in November – and the U.S. still facing social distancing, curfew and stay-at-home rules across varying states – the Black Friday we know and love is looking quite different in 2020. In the U.K., Black Friday and Cyber Monday were predicted to generate £6 billion in sales before national lockdowns were announced, according to a report by Finder.com. Now, with the “Golden Quarter” of retail facing lockdowns across November in the U.K., Black Friday’s predicted sales value is now £4.7 billion – a deficit of £1.2 billion. With the overall ‘Lockdown 2.0’ costing U.K. retail £2 billion a week (Charged […]

Europe and the United States will learn China’s Double Eleven this Black Friday shopping season

Europe and the United States will learn China’s Double Eleven this Black Friday shopping season

The coronavirus has caused a sharp decline in the economies of Europe and the United States this year. In particular, the blockade caused by the pandemic has closed many stores, and the retail industry has suffered an unprecedented blow. To revive the economy and stimulate the shopping, European and American businesses have high hopes for Black Friday, the traditional year-end shopping peak in Europe and the United States. The concept of the Chinese Double Eleven shopping festival was used on a large scale by European and American merchants for the first time this year. Europe: Can’t let Americans make all […]

5 Ways U.K. Consumers Adjusted Their Shopping Habits

5 Ways U.K. Consumers Adjusted Their Shopping Habits

COVID-19 turned many people’s lives upside-down overnight – and one area that was quickly influenced was the retail industry. All of a sudden, many customer journeys were mostly occurring online. Here are some insights into the changing shopping habits of the consumers in the U.K.  1. Some retail classifications reveal bigger changes to online shopping than others With many stores compelled to momentarily close their physical stores or run with substantial constraints in the U.K., there has been a notable change towards online shopping this year. The most significant boost was seen across home items and consumer electronics, as consumers […]

The Transforming Shopping Behaviours Of U.K. Consumers

The Transforming Shopping Behaviours Of U.K. Consumers

Approximately 17 million U.K. consumers are anticipated to make long-term changes to their shopping behaviours in the wake of the pandemic. A recent report estimates that 17 million Brits intend to make changes to the way they shop, as dangers of having COVID-19 at physical stores redirects shopping right into online networks. The projection is based on a new study of 5,000 customers from six European countries. Customers who perceive the risk of COVID-19 to be extremely high are virtually four times more likely to shift their purchasing habits. This group shows those in society that have in the past […]