Discount news and archive

Half of global luxury shoppers buy at discount

Half of global luxury shoppers are partial to a bargain. According to the YouGov Affluent Perspective’s Global Luxury Retail Report 2018, half of all global luxury shoppers state they “only buy luxury when it is discounted.” The report, which focuses on the 56 percent of global affluents shoppers who purchase luxury products and services across...

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Is it time UK retailers ditch discounting for good?

London - Even though Black Friday may not have quite the draw to the high street as it did in the past, in 2017 the discount shopping day boosted online sales across Europe by 509 percent. 47 percent of all womenswear was reduced in price as well, according to the WGSM Barometer, underlining the growing appeal to snag a fashionable deal....

Retail

Retailers prepare for a bumper shopping season with early discounting

London - Fashion retailers across the globe are preparing for a difficult holiday trading season. The rate of discounts has skyrocketed over the past few weeks, according to the latest data from Edited, as online retailers being cutting prices earlier than previous years. The rate of discounts in September grew 2.8 percent in comparison to last...