Mintel news and archive

Young men are UK’s “most prolific” shoe buyers

London - Men aged between 16 and 24 years-old have been revealed as the UK’s number one footwear buyers, according to new research from Mintel, which stated that 95 percent of the age group had bought shoes last year, compared with 90 percent of their female counterparts. Market intelligence agency Mintel found that, overall, women are still “...

Fashion

More shoe lovers opting for comfort

Comfy shoes are fast becoming the norm as more young Americans are choosing footwear that is both stylish and practical. New research from Mintel reveals that 65 percent of buyers are most likely to select athletic shoes while 53 percent opt for casual shoes. By contrast, only 34 percent of customers prefer dress shoes. Younger buyers are...

Retail

China sees growth in online spending

Mintel is forecasting that online spending in China will reach 45.7 percent of total per capita retail spend in 2017, as the country continues to undergo a “fundamental shift” in the way consumers shop. New research reveals that China’s online retail market has reached a “critical mass,” according to Mintel, with business-to-consumer online...

Retail

US iGens “most enthusiastic” to shop on Black Friday

While the general consensus might be one of waning interest from consumers regarding shopping events such as Black Friday, new research suggests that younger consumers are most likely to shop in stores on Black Friday. The research from Mintel reveals that US iGeneration, defined as consumers aged 18-22, are the “most enthusiastic” to shop on...

Fashion

US parents supporting trend for gender neutral kids clothing

One in five US parents are supporting gender neutral clothing for kids, reveals new research for Mintel, as parents with children under 12 look to shift away from gender stereotypical apparel. The research reveals that support for gender neutral children’s clothing is especially high among Younger Millennial parents aged 23-30 (24 percent) and...

Management |STUDY Featured

Women say farewell to heels and hello to comfy trainers

London - The high heel was once seen as the staple shoe in any respectable woman's wardrobe. Elegant, sophisticated and sensual, the emergence of popular TV shows such as 'Sex and the City' encouraged women across the globe to embrace their inner Carrie by purchasing a pair, or two,(or three) of stiletto Jimmy Choo's. A photo posted by...

Report

UK sports goods sales to reach 7 billion pounds

London - British fashion consumers are causing a surge in sportswear sales, according to new research from Mintel, which reveals that the sportswear category is set to surpass 7 billion pounds in sales in 2016. The research reveals that 50 percent of those consumers who bought sports clothing, footwear, equipment or accessories in the past 12...

Fashion Featured

Anya Hindmarch steps into the men's fashion market

Although some industry insiders have raised concerns for the future of men's fashion week, thanks to the change of tide which sees more and more fashion houses showing men's and women's together, it has done little to stem a growing group of women's wear designers from testing the waters. British designer Stella McCartney previously announced...

Fashion Featured

London Collections:Men kicks off with a nod to British seaside

Suits worn over fishnet tops, tiny tailored shorts, loafers and sunburnt noses -- Topman Design went to the British seaside for its latest collection Friday, kicking off four days of men's fashion in London. J.W. Anderson, Christopher Kane, Coach, Barbour and some of Saville Row's top tailors are among those showing at this season's London...

ManagementFeatured

Brits embraced wearable tech in 2015 as sales boomed 118 percent

Good news for Fossil Group and wearable tech advocates alike: UK consumers are slowly but surely warming up to wearable technology, as research reveals to be 2015 a pivotal point in the sale of wearable devices such as smartwatches and fitness bands. Over 3 million wrist-worn smart devices are estimated to have been sold in the country in 2015,...

Fashion |IN DEPTH Featured

How the Selfie Effect is Disrupting the Industry

London - To say that the rise of the selfie has had a major impact on how we perceive ourselves and others around us would be nothing short of an understatement. However, up until recently, the impact this self-photographing trend has made upon the fashion industry remained an unexplored grey area. But as online fashion sales continue to boom...

Fashion Featured

Black Friday to smash UK online sales records as Cyber Monday trails behind

After Black Friday led to a weekend long shopping bonanza in the UK, consumers continued to splash out during Cyber Monday, although their appetite for online bargains had noticeably weakened. IMRG, online retail experts, estimate that close to 451,000 pounds were spent per minute during Cyber Monday, bringing the total spend close to 650...