Drapers' latest report analyses data from a survey of 2,000 UK shoppers to decode the reality of their shopping behaviours and preferences, as well as mapping their online and offline journeys to purchase to help you build successful strategies and futureproof your business.
Three in five UK shoppers are expected to spend less this Christmas than last year, a new survey shows.
UK households are predicted to spend £3 billion less this Christmas compared with the previous year, with 79% of consumers set to cut back on non-food spending, new research suggests.
The fifth edition of Drapers' exclusive consumer research and deep dive data report decodes the evolving shopping preferences of Generation Z and millennials consumers in the UK. It includes everything fashion business leaders need to know to attract these shoppers, and futureproof their businesses.
According to a new research, 73% of UK consumers are planning to cut back on retail spending over 2023, with fashion set to be hit the hardest.
More than half (59%) of UK consumers will have less money to spend on gifts this Christmas season amid the cost of living crisis, a survey by professional services firm Deloitte has found.
TJX Companies, the parent company of TK Maxx, reported a 2.3% drop in net sales year on year to $11.8bn (£9.8bn) in the 13 weeks to 30 July, as a result of "historically high inflation" that impacted consumer spending.
Consumer spending is set to fall in the second half of the year, the chairs of the UK's biggest retailers have predicted.
Now in its fourth annual edition, this exclusive Drapers deep dive consumer research report tracks and analyses the evolving shopping habits and fashion preferences of Generation Z and millennial consumers in the UK.
Analysing exclusive consumer data, the third edition of Drapers' annual research report tracks and explores the evolving shopping habits and fashion preferences of Generation Z and millennial consumers in the UK.
Drapers Fashion retail industry news, trends and analysis