The Australian arm of UK fashion retailer Karen Millen has entered administration and seven stores will close by the end of September across Victoria, New South Wales and South Australia. Deloitte Australia was appointed administrator on Wednesday. Designer and business owner Karen Millen founded the eponymous mid-to-upmarket women’s fashion brand in 1981. It was launched […]
In the Spring the US economy slowed and most analysts expect it to weaken further as this year wore on. Yet the main driver of growth, consumer spending remains vigorous enough to keep the economy growing steadily. Spending by households, which accounts for about 72% of economic growth, accelerated in Q-2 to its fastest pace […]
It is only right that a best-selling novel series about an unstoppable computer-hacker assassin should go out with a bang. In “The Girl Who Lived Twice”, hitting bookstore shelves in 30-odd countries this month, Swedish crime writer Stieg Larsson’s antiheroine Lisbeth Salander is back for a high-paced final instalment of the “Millennium” saga. The last […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Up, Crude Oil Up, Stocks Flat Note: The immediate focus shifts to the minutes of the Fed’s last meeting due Wednesday. Traders are also keenly waiting on the Fed’s Jackson Hole seminar and a G-7 Summit this weekend for clues on what additional steps policymakers […]
Yield Growth Announces its Lip Balm with Hemp Oil Passes European Union Compliance Review and 250,000 Units now being Manufactured Vancouver, British Columbia–(Newsfile Corp. – August 19, 2019) – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) is pleased to announce that its Urban Juve Lip Balm with Hemp Oil can now be […]
Many clothing and shoe shops are expected to shut down in the upcoming period due to ‘the unprecedented lack of demand as well as the unfair competition’ markets are witnessing nowadays, an official in the commerce sector warned. Asaad Qawasmi, a representative of the clothes, garment and jewellery sector at the Jordan Chamber of Commerce […]
It’s very likely that we will be witnessing the launch of the brand new iPhone 11 this year in September. With Apple’s tendency to introduce a new product every year, this iPhone would be the big release for 2019. However, there has been no official news from Apple (AAPL) about this. There are a number […]
US consumers spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade dispute that have rattled financial markets have not dampened the American consumer’s confidence. Retail sales rose a healthy 0.7% last month after a 0.3% gainer in June, the Commerce Department said Thursday. […]
Forbes Magazine recently highlighted Samsara’s Smart Carry-on Suitcase in a comparative review of leading brands in the Smart Luggage space: “Samsara is a gorgeous carry-on with a lightweight aluminum shell” “The big story of Samsara is its design! Opposite the smooth-rolling wheels is a flat top, allowing you to use it as an ad-hoc desk… It is secured by […]
Today, Casio G-SHOCK announces the all-new, “Neo Tokyo” series of men’s timepieces. Inspired by the colors of the futuristic metropolises of classic anime films from the 1980’s, the four new watches boast blacked-out bezels with yellow, red, and blue hands as dial accents to represent the city’s lights. The series is made up of G-SHOCK’s most popular digital and […]
CosBall is the world’s first personalized cosmetic solution for daily use. CosBall plans to shake up the industry by providing a high-quality, fully customized product, at a reasonable price. By utilizing blockchain technology, combined with big data and tokenized incentives, CosBall seeks to create the world’s largest analytical database for skin types, allowing them to […]
Grammy winner Ariana Grande, bottles the brilliance of her anthem “thank u next” into the ultimate fragrance, THANK U, NEXT. This highly anticipated fragrance, in partnership with LUXE Brands, will launch exclusively on Ulta.com August 18, 2019 and in stores nationwide at Ulta Beauty in the United States and Shoppers Drug Mart in Canada on September 1, 2019. The fragrance THANK U, NEXT […]
US consumer prices increased in July, but the signs of acceleration in inflation will likely do little to change market expectations that the Fed will cut interest rates again in September, October and December due trade tensions with China The US Labor Department Tuesday lowered the chances that the Fed would cut rates by half […]
Victoria’s Secret unveiled the all new Fall Collection with simultaneous appearances by the Angels in five cities across the United States. The Angels hosted Fall Collection Trunk Shows exclusively for Angel Card Holders at top Victoria’s Secret Stores, including locations at 5th Avenue in New York with Grace Elizabeth, Aventura in Miami with Barbara Palvin, North Michigan Avenue in Chicago with Sara Sampaio, Houston Galleria in Houston with Martha Hunt and […]
American consumer confidence rebounded this month to the highest mark since November after slumping in June. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 135.7 in July from 124.3 in June. The bounce back from last month’s fall was much stronger than economists expected. The index measures consumers’ assessment […]
The Tourism Authority of Thailand (TAT) is delighted to announce that in Travel + Leisure magazine’s The World’s Best Awards 2019, Thailand has performed impressively well with its destinations, hotels and resorts winning numerous spots on multiple Top 10 and Top 15 lists. Most notable was Thailand’s domination of the ‘Top 15 Southeast Asia Resort […]
Miami is constantly reinventing itself, and before it goes out of style it’s back on the “must buy” vacation list. In recent years Greater Miami and the Beaches has become one of the most fashion-forward destinations in the world, flaunting a red-hot shopping scene that’s a regular stop on every fashionista’s circuit. Miami’s shopping scene […]
Seven prototypes unveiled at the 2019 ComplexCon in Chicago Jack Daniel’s and custom sneaker designer Dominic “The Shoe Surgeon” Chambrone continue to shakeup the sneaker and fashion worlds, with the unveiling of seven new Jack Daniel’s inspired sneaker prototypes at ComplexCon weekend in Chicago. The announcement comes off of the heels of the massive success from the February 2018 collaboration […]
The Latest Rock & Roll Hall Of Fame Inductee Welcomes Six Entries From Her Groundbreaking A&M and Virgin Catalog, Coinciding With ‘Metamorphosis’ Las Vegas Residency This summer, A&M/Virgin/UMe and Janet Jackson will see key entries in the artist’s acclaimed canon reissued on vinyl, including A&M and Virgin albums. The reissue series commenced in full with the wide […]
US retail sales increased more than expected in June, pointing to strong consumer spending. The Key takeaway from the report is that it was a solid report overall The report from the Commerce Department on Tuesday did not change market expectations that the FOMC will cut interest rates this month for the 1 st time in a […]
Top 10 Best Tourist Attractions in Tokyo Tokyo, the capital city of Japan, is also home to the Imperial Palace and the seat of Government and Parliament. In East-Central Honshu, the largest of Japan’s main islands, this heavily populated city is well worth exploring. One of the world’s most modern cities in terms of its […]
The advancement in technology in every sector, especially healthcare and personal care industry is foreseen to boost the growth in global period panties market. The period panties market is estimated to be highly fragmented owing to emergence of several key player across the globe. Moreover, the competition is likely to intensify due to advent of new […]
Just in time for Go Hoop Day, Spalding® will make its Spalding Precision™ model basketball available on Amazon’s Prime Now in more than 30 U.S. cities, so players can get the gear they need just in time for the main event. Go Hoop Day is Sunday, June 23. “Basketball is the most played sport in the United States. Making the new Spalding […]
US retail sales increased in May and sales for the prior month were revised up, that suggesting a pick-up in consumer spending that eased fears the economy was slowing down sharply in Q-2. The fairly upbeat report from the Commerce Department Friday followed a raft of weak data, including a step-down in hiring in May […]
The Gritti Palace This 15th-century palazzo occupies one of the loveliest spots on the Grand Canal, looking across to the magnificent Salute church, and to the Palazzo Venier dei Leoni, home to the Guggenheim Museum. Digital alarm-radios and televisions are the only things that spoil the illusion you are staying not in a hotel but […]
#1 Meshki Currently underrated yet taking Instagram by storm, Meshki offers the sexiest, most luxurious, and trending styles of 2019 for young women. This brand sits roughly $70 per lingerie set. Prices vary extensively. #2 La Senza La Senza is slowly becoming more recognized internationally and is selling better than Victoria’s Secret as it undercuts […]
$RACE The MercedesAMG team has set a new record of 4 consecutive 1-2’s at the start of a season. Just 1 point separates the Silver Arrow drivers Messrs Bottas and Hamilton in the drivers’ championship Super performances are good but a Key thing MercedesAMG does not want is a repeat of the 2016 Spanish Grand […]
FLASH: The Trump Policies are working US consumer confidence was up in April as Americans felt more optimistic about present and future economic conditions, underscoring how a tight labor market and higher wages are underpinning attitudes amid some uncertainty. The Conference Board’s index climbed to 129.2, according to data from the New York-based group Tuesday that topped […]
$LEVI Levi Strauss & Co.’s (NYSE:LEVI) is betting it can convince investors there is still room for global growth left for the 165-year old company, but managed money see the iconic US blue jeans maker’s stock may be too pricey to generate a decent return. The San Francisco-based company returned to the public markets Thursday […]
$USD, $SPY FLASH: The Fed’s decisive statement this week that interest rates are unlikely to rise this year sends a signal to US households: keep buying things. The Fed tries to guide the US economy by controlling the interest rate banks charge one another for overnight loans. Moving this rate up lifts other rates in […]
US consumers expect to spend more money in Y 2019 than they did a year ago, data from the Federal Reserve Bank of New York revealed in a report Tuesday. Households expect larger increases in spending than they forecast the year prior on items including clothing, housing and transportation, data from the Survey of Consumer […]
Halong Bay Welcomes Its Most Luxurious Day Cruise Ever New day tour of Vietnam’s famed natural attraction comes in the wake of new highway and airport The creator of Halong Bay’s finest cruise experiences is charting new waters with the launch of a lavish day trip replete with private cabins, an onboard spa and cooking […]
The National Retail Federation, the nation’s largest retail trade group, forecasts that retail sales should grow between 3.8 and 4.4% to more than $3.8-T this year as shoppers remain in the mood to spend in a strong US economy and job market. The forecast, released Tuesday, is in line with the 4.6% gain the group preliminarily estimated […]
$KORS To stay on trend, Italian fashion houses are refashioning themselves for future growth. Luxury label Ermenegildo Zegna, which opens Fall/Winter menswear previews at Milan Fashion Week Friday, made its 1st move to expand abroad with the Zegna Group’s Summer acquisition of American brand Thom Browne. The Gianni Versace house’s entrance into the group owned […]
1. Nikkie de Jager Popularly known as NikkieTutorials, Nikkie de Jager is a Dutch makeup artist who began her YouTube makeup career in 2008 – at the age of 14. Nine years later Forbes magazine titled Nikkie to be one of the top 10 beauty influencer’s. Her most viral and popular YouTube video is called The Power […]
$SPY, $TGT, $TIF, $COST, $WMT Optimistic shoppers looking to fill the empty space under the country’s Christmas trees were out in full force during the season’s final shopping weekend. With Christmas just around the corner, Americans streamed into brick-and-mortar stores Saturday, Sunday and Monday looking for deals. The International Council of Shopping Centers predicted heading […]
US consumer sentiment unexpectedly improved as views on economic conditions improved, helping bolster the outlook for American spending. The University of Michigan’s final December sentiment index rose from the prior month to 98.3, topping all forecasts in our survey of economists, a report Friday showed. The MSI, a gauge of current conditions climbed to a 6 -month […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 fell 2.1% Friday on headline uncertainty surrounding politics and trade. As they continued to provide a justification to reduce risk. Friday’s decliner pushed the benchmark index to a new yearly low at 2408.12 and a weekly loss of 7.1%. All 11 S&P 500 sectors finished in the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US economy is expanding at a 3.0% annualized rate in Q-4 based on steady retail sales growth and stronger-than-forecast industrial output in November, the Atlanta Federal Reserve’s GDPNow forecast model showed Friday. This is faster than the 2.4% pace for Q-4 GDP (gross domestic product) that the Atlanta Fed’s […]
US consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the economy. The upbeat data from the Commerce Department on Friday bolstered expectations that the Fed will raise interest rates at its 18-19 December policy meeting, despite moderating inflation […]
‘Black Friday’ Merging with ‘Cyber Monday’ for Record Sales The buying and selling pace that was set Thanksgiving Day carried over into Black Friday as consumers continued to open their wallets at a record-setting rate, according to the latest data. We learned that Friday evening that consumers had spent $4.1-B as of 8:00p ET, which […]
Retailers Vs e-Commerce This Holiday Season $AMZN, $TGT, $LOW, $KSS, $JWN, $KSS The Big Q in this strong US economy this holiday is: Will retailers may have to spend heavily to win? Steep discounts are as familiar during the holidays, but this year retailers are after a piece of the e-Commerce market as Amazon.com Inc. […]
VenVici Ideally Located in the Belt and Road Initiative This year marks the fifth anniversary of the Belt and Road initiative, proposed by Chinese authorities in the autumn of 2013. The ambitious project is aimed at creating infrastructure networks linking Europe, Asia and Africa. VenVici is a crowdsourcing specialist company that uses a proprietary system […]
Millennials to Spend Big Money on Pets This Holiday Season Millennials love their pets, and that love’s showing up on their holiday credit-card bills. The much-discussed generation of shoppers, known for their industry-disrupting tastes, will spend heavily on their pets this holiday season, more than 2X what consumers overall are expected to spend, according to a […]
Retail and digital experts, investors, tech experts and 200 CXOs from some of the biggest brands will come together on 21 Nov at Marina Bay Sands, aiming to empower business leaders with the latest business and consumer strategies and uncover how technology is fundamentally transforming the e-commerce, startup and retail ecosystem in Southeast Asia (SEA). […]
Singles Day Sales Proves the Value of V-MORE Chinese e-commerce giant Alibaba has smashed records for its Singles Day, the world’s biggest 24-hour shopping event, despite an ongoing trade war with the US and waning domestic interest in the event. The 2018 edition of the 11/11 Singles Day brought in a record $30.8 billion (213.5 […]
US Consumer Sentiment on Track for Best Year Since 2000 Consumers ready to Pick Up Spending Heading into Holiday Season US consumers have greater certainty about job and income prospects. University of Michigan’s (MSI) consumer sentiment index flat to unchanged but remains strong US consumer sentiment topped analysts expectations to stay on track for its best […]
Investors Focused on Retail Sales and Wages $WMT, $M, $MCD, $AMZN, $CMG Amidst overall strong Quarterly results, rising labor costs are a growing concern, with more than 12 companies in the S&P 500 mentioning them in conference calls so far this earnings season. Next week, several retailers including Walmart (NYSE:WMT) and Macy’s (NYSE:M) are due […]
French fashion house Hermes reported Wednesday another quarter of brisk sales growth, propelled by red-hot demand in China, where the ultrachic brand expects further growth as it opens stores and rolls out online sales. The company said sales in the third quarter climbed 9.4 percent to 1.46 billion euros ($1.68 billion), racking up higher sales […]
Infireum: Asia’s Stablecoin Stablecoins are all the rage and in Asia Infireum is making it’s mark as the stablecoin to own. A stablecoin is a cryptocurrency designed to minimize the price volatility. Stablecoins are used as stores of value or units of account, as well as in other use cases where volatile cryptocurrencies may be […]
V-More Sets the Ecommerce Pace in Asia The world’s fastest growing ecommerce market, Asia is being unified via a single platform, V-MORE a unique international e-commerce platform that currently caters to Singapore, Malaysia, Thailand, China and Taiwan. V-MORE aim to take on the giants in the industry and become the world’s leading e-commerce platform and […]
US Retailers See Big Jump in Holiday Sales $DIA, $SPY, $QQQ, $RUTX, $VXX US holiday sales in Y 2018 will increase 4.3 to 4.8% boosted by a strong economy, but will be slower than a year ago when consumer spending surged to a 12-year high, according to a forecast from a leading retail industry group. […]
Hottest Instagram this Week Caitlyn Rose @creationdespite 1,603 posts 43.9k followers 1,856 following C A I T L Y N ? R O S E Model + Digital Content Marketing Badassery ?? E N J O Y T H E R I D E ?? ? : #tech #fashion #fitness #beauty www.creationdespite.com View this post […]
US Economic Growth: Consumer Spending Up, Inflation Moderate US consumer spending saw a steady increase in August, supporting expectations of solid economic growth in Q-3, while a measure of underlying inflation remained at the Fed’s 2 percent target for a 4th month running. Friday, economists said the report from the US Commerce Department should allay […]
The Trump Economy: Consumer Confidence Rises 18-Year High US consumer confidence rose to an 18-year high in September as households grew more upbeat about the labor market, pointing to sustained strength in the economy despite an increasingly bitter trade dispute between the US and China. While other data Tuesday showed a moderation in house price […]
Central Pattana Plc (BKK:CPN) Grand Opening of Central Phuket Central Pattana Plc (CPN), Thailand’s largest retail property developer recently celebrated the Grand Opening of Central Phuket, its world-class luxury flagship mall. Establishing a new ‘CBD’ in the heart of Phuket, the biggest and beautiful island in Thailand. Central Phuket is developed with a total investment […]
Thailand is one of the world’s most renowned holiday destinations, with a wide variety of things to see and do, from culture, religion, food, nature, water, adventure, sports and also relaxing activities. Thailand also growing as a health and wellness destination, with a huge number of healing and detox centres. Muay Thai is rapidly expanding […]
Hottest Instagram Accounts this Week shooting for @mimithebrand in santorini 🙂 A post shared by Cindy Kimberly (@wolfiecindy) on Aug 10, 2018 at 11:46am PDT Расслабляющая ванна после долгого дня и мои незаменимые помощники от #FOREO для идеального домашнего релакса??♀️ #spa #relax #LUNA2 #IRIS #spaday #spadayathome #спа #релакс #домашнийспа #спауход A post shared by Galinka […]
Targets (NYSE:TGT) Q-2 Revenue, Profit Beat the Street Estimates $TGT Target Corp.’s Q-2 sales and profit beat estimates on Wednesday, helped by strong online sales and higher customer visits that grew the most in a 10 years, shares are trading nearly 5% higher as of this writing The Minneapolis-based retailer also raised its profit forecast […]
Morning Briefing: Special Report on Strong US Retail $WMT, $COST, $AMZN, $LOW, $URBN, $DG, $HD, $DLTR, $JWN On the world markets: World stocks rose Friday as news of plans for US-China trade talks stoked positive sentiment over their tariff dust up, DJIA finished comfortably above Key resistance at 25,500 expect a pause to refresh and the […]
Americans are Shopping, Retail Sales Up Sharply in July $M, $WMT, $COST, $AMZN Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive strong economic growth. The US Commerce Department says retail sales rose at a 0.5% annual rate in July, after a 0.2% […]
US Retail Sales Strong in 2018 $M, $WMT, $COST, $USO NRF Lifts 2018 Retail Sales Forecast on Strong Job Market, Tax Reform The National Retail Federation on Monday raised its US retail sales forecast for Y 2018, citing higher wages, gains in disposable income and a strong job market that have boosted consumer spending. The […]
US Consumer Spending Rises, Inflation Continues to Strengthen Consumer spending increased solidly in June as US households spent more on restaurants and accommodation, building a strong base for the economy heading into Q-3, inflation rose moderately. The Commerce Department said on Tuesday consumer spending, which accounts for nearly 70% of US economic activity, rose 0.4% last […]
Fully 50% of American’s That Shop on Line are ‘Drunk” $AMZN A new survey from rehab facility Archstone Recovery Center found that when people log on to Amazon (NASDAQ:AMZN)while hitting the bottle can incur a financial hangover, too. The amount people spent tended to vary based on their preferred type of alcohol, check this out: […]
Highlights of Consumer Comfort or Week Ended 18 June 2018 Americans’ expectations for the economy advanced for a second month in June to match the highest Mark since Y 2002, the Consumer Comfort Index showed Thursday. Highlights of Consumer Comfort for Week Ended 18 June 2018 Monthly gauge of economic expectations increased to 56 from 54.5 Weekly consumer […]
DJIA Off, Amazon Falls on Taxed Shopping Concern $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks fell Thursday, with the DJIA (DIa) marking an 8th straight decliner, as industrials softened again on trade concerns while Amazon (NASDAQ:AMZN) and other online retailers weakened after a US Supreme Court ruling on state sales tax collection. Amazon dropped as […]
Supreme Court: “States Can Tax Amazon Marketplace” $AMZN Thursday, the US Supreme Court ruling will now allow states and local governments to pursue sales taxes on more online transactions. The Big Q: How can states collect it? Amazon.com (NASDAQ:AMZN) the world’s largest online retailer already takes in sales taxes in all states that charge them […]
MSI: Consumer Sentiment Rises on Americans Optimism US consumer sentiment rose this month amid more-favorable personal finances, while tariffs weighed on Americans’ optimism for the economy and helped boost inflation expectations to a three-year high, according to a University of Michigan report Friday. Highlights of Michigan Sentiment (June, Preliminary) Sentiment index rose to 99.3 (est. 98.5) from 98 […]
With the assistance of the official Cultural Concierge, a complimentary service of the Cultural Council of Palm Beach County, families can take full advantage of personalized itineraries and insider recommendations to a summer canvas full of unexpected family-friendly and interactive activities beyond the region’s abundant museums and galleries. A sampling of fresh options for travelers […]
Ascot is delighted to announce that Longines, provider of race times at Ascot since 2007, has become an Official Partner of the racecourse. The Swiss watchmaker will continue its designation of Official Timekeeper, credited on ITV Racing, with an enhanced presence alongside Ascot’s existing Official Partners, QIPCO and Gigaset. This will include use of the […]
The Future of Retail Fits in the Palm of Your Hand $FB, $AAPL, $AMZN, $M, $ETSY, $INTU, $CRM The future of retail is not e-Commerce or 1-channel or pop-up shops or geo-fenced flash sales, the future of retail is palm-sized. As social media consumerism cultivates and nurtures a growing number of cool, in your face […]
Living in the Trump Era of Optimism, Prosperity and Strong Economic Growth $DIA, $SPY, $QQQ Just in case you missed this at the weekend, and remember Optimism leads to Power! Friday’s blockbuster NFPs (jobs) data capped a long string of recent strong economic reports which has led to much brighter forecasts for American growth under […]
Make Your MAGA Statement Poolside This Summer President Donald Trump’s official campaign store is offering women’s swimsuits branded with the campaign’s “Make America Great Again” slogan. “Make a YUGE splash poolside or at the beach this Summer with our new swimwear!” The suits are $55 and are available in sizes S to XL. The women’s suits are […]
US Consumer Sentiment Running High and Higher $DIA, $SPY, $QQQ, $VXX US consumer sentiment held steady on a gain in American household expectations, according to a University of Michigan report Friday. The MSI held steady at a solid 98.8 for preliminary May, the University of Michigan’s Consumer Survey Center reported. The comparable April reading was also […]
London Mayor Sadiq Khan said he has ordered an “intelligence-led” increase in the number of stop and searches, rowing back on his 2016 manifesto pledge to do everything in his power to keep the practice to a minimum. Speaking on Thursday to James O’Brien on LBC, the mayor admitted that there would be an increase […]
The East Coast versus West Coast mentalities have long been juxtaposed, and today CheapOair.com released the findings of a comparison on the differing preferences of Eastern versus Western U.S. travelers in the beginning of 2018. CheapOair’s data revealed that when West Coasters travel domestically, they prefer to visit other West Coast destinations including Los Angeles, […]
American Consumers are Borrowing More Americans increased their borrowing by $11.6-B in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years. The Federal Reserve says the March increase in total debt was below the $13.6-B increase in February […]
Gold, Diamond Companies Joined IBM to Develop Blockchain Technology $IBM, $BRK-A, $AU Gold and diamond companies including Berkshire Hathaway (NYSE:BRK-A)Richline Group Inc joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced, the companies said Thursday. The joint initiative, TrustChain goal to make it easier for […]
Bitcoin, Using it as Money to Buy Stuff $BTCUSD, $SQ, $MSFT, $EXPE, $DISH, $ETSY Bitcoin is an investment asset, and it is also ‘Money’. And businesses that accepts Bitcoin payments are becoming closer to the mainstream you than you may think. Most people that I talk to look at cryptocurrencies an investment, a tradable asset, a […]
US Retail Sales UP on Trump Tax Cuts, Consumer Spending Strengthens US retail sales rebounded in March after 3 straight monthly decliners as households boosted purchases of motor vehicles and other big-ticket items, suggesting consumer spending was heading into Q-2 with momentum. Fears of a trade war between China and the United States have roiled […]
President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump $SPY For sure President Trump’s tax cuts have given a boost to Americans’ take-home pay this year. The Big Q: Will the US consumer putting the extra cash toward savings and debt, or using it to go shopping? The Big A: We here a […]
President Trump Not Targeting Bezos Over WP Ownership $AMZN President Trump believes that Amazon is unfair to America’s retailers US Treasury Secretary Steven Mnuchin said Donald Trump’s attacks on Amazon.com Inc. (NASDAQ:AMZN) have nothing to do with critical coverage of the White House by the Washington Post, owned by Amazon’s CEO, Jeff Bezos. Secretary Mnuchin […]
Amazon’s (NASDAQ:AMZN) Online Retail Gunship is Destroying the Shopping Experience $AMZN Empty space in regional shopping malls has risen to a 6-year high in Q-1 of Y 2018, as the retail apocalypse expands. The vacancy rate in big US malls increased to 8.4% in Q-1, up from 8.3% in Q-4 of Y 2017, and the […]
Amazon’s (NASDAQ:AMZN) Shares Hammered $AMZN Shares of Amazon.com (NASDAQ:AMZN) fell 6% Monday wiping out another $45-B in market capitalization after US President Donald Trump again attacked the online retail giant over the pricing of its deliveries through the United States Postal Service and promised unspecified changes. “Only fools, or worse, are saying that our money […]
Trump Vs Bezos: Bet on Trump! $AMZN US President Donald Trump cast’d dark clouds on Amazon.com Inc. (NASDAQ:AMZN) with an early morning Tweet Thursday. The message was clear, Amazon.com is destroying America’s small businesses… People have asked me what can President Trump against the online retail giant? The Big A: Lots! He could push for probes of consumer protection, […]
Dubai International, DXB, has welcomed nearly 7 million passengers in February, according to the monthly traffic report issued by operator Dubai Airports today. The monthly traffic in February totalled 6,928,547 compared to 6,948,157 passengers recorded during the same month in 2017, down marginally by 0.3%. The year to date traffic reached 14,888,693 passengers, down 0.6% […]
President Trump’s Tax Reform has Consumer Sentiment Jumps at 14-Yr Highs US consumer sentiment in March unexpectedly jumped to a 14-year highs after tax cuts boosted disposable incomes, while new tariffs boosted inflation expectations and dimmed the outlook, a University of Michigan (MSI) survey showed Friday. Highlights of Michigan Sentiment (March, Preliminary) Sentiment index rose to […]
Millennial’s Spending Hobbled by Student Debt Millennial’s spending habits have been driving business leaders crazy, but not because the youngest generation in the workforce is irresponsible with their cash. On the contrary, millennials are turning out to be the most frugal demographic since the so-called Greatest Generation that came of age during the depression. That […]
LeMans: Privateer, Risi Ferrari Teams with Keating for the French Enduro Classic $RACE 3X Le Mans 24 Hours class winner Risi Competizione returns to the French enduro classic this year in the GTE Am ranks. Risi has confirmed it has no plans to field a Ferrari in GTE Pro this season and will instead link up with […]
Ho Chi Minh City’s District 3 Emerges as THE Place to See the Real Saigon A neighborhood of leafy avenues, storied palaces and pagodas, meaningful museums and some of Vietnam’s most striking colonial architecture, District 3 is one of Ho Chi Minh City’s most underrated enclaves. As well as history and heritage, it is also […]
US Core Consumer Prices Mark Big Gainer US consumer prices recorded their largest increase in 11 months in December on strong gains in the cost of rental accommodation and healthcare, bolstering expectations that inflation will accelerate this year. Stock soar on inflation news: no inflation, no growth The strengthening domestic demand was underscored by other […]
America’s Confident Consumers Post Record Breaking Holiday Spending $AMZN, $M, $MA, $TGT, $FDX, $UPS The US Holiday shopping season is on track to break sales records on the back of rising consumer confidence presenting an unexpected “boom” for retailers and the delivery companies they rely on. The Christmas Holiday shopping season, a Key period for […]
US Consumer Confidence Up in Blue Counties Since Trump’s Victory Surveys that question respondents about their political affiliation have generally shown that consumer confidence among Republicans has soared since the US elections in November 2016, whereas Democrats have lagged. When the data are broken down by which way a county voted it is the Democratic […]
EU Property Giant Bets $16-B on US Shopping Malls $UNRDY, $WFGPY, $AMZN Europe’s biggest property firm Unibail-Rodamco (OTCMKT:UNRDY) is to buy US and UK mall operator Westfield Corp. (OTCMKT:WFGPY) for $16-B, a defensive move to create a global leader in a sector grappling with the online shopping challenge led by Amazon (NASDAQ:AMZN). The transaction gives […]
Dubai Launches e-Commerce Freezone The project is being developed in the Umm Ramool area by DAFZA and wasl A new $740-M freezone dedicated to e-Commerce has been launched in Dubai, in a bid to attract more DFI (foreign investments) and further diversify the emirate’s economy. Called Dubai CommerCity, the project is being developed as a […]
The Changing Face of the Luxury Market With disruption taking hold in the region’s luxury sector, Maya Kusybi examines how brands are being forced to rethink their mindset and operate in a new retail era Luxury was once defined simply by price and quality, but unless you have been living in a parallel universe, you […]
Cole Haan Thailand Unveils Flagship Store Star360, a footwear retail leader in South-East Asia, is excited to announce the unveiling of its Cole Haan flagship store located at Central World, the largest lifestyle shopping destination in Bangkok. Established in 1928, Cole Haan is an iconic American brand renowned for heritage and classic designs integrated with […]
Strong US Consumer Confidence Cheers Retailers Black Weekend indicated US Consumers shopped for the real deals. Having just gotten through a huge Black Friday, Small Business Saturday and Cyber Monday, news that consumers did not go out and shop ‘till they dropped in October was not something for retailers to worry about. After splurging on […]
US Consumer Confidence Climbs to 17-Year Highs Holiday shopping started strong and the data suggest that will continue. US Consumer Confidence marked a 17-year high in November, with optimism ticking higher for the 5th month running, according to a monthly survey released Tuesday. Consumers’ outlook about jobs and the business environment edged upwards, adding to […]
Cyber Monday Online Sales Spike 17% to Record Highs Cyber Monday is pacing to become the biggest-ever Internet shopping day in the United States as many more Americans shopping on their phones. Adobe Analytics, a leading collector of e-commerce data, said Cyber Monday is expected to generate $6.6-B in sales, up from $5.6-B a year […]
