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Design

Mobile retail set for phenomenal growth

According to a new report by online shopping service, Kelkoo, and the Centre for Retail Research, As much as £4.5 billion is expected to be spent in the UK on shopping via mobile phones this year, more than any other European nations according to new research. Mobile retail is set to grow 53 per cent over the next 12 months after totalling £3...

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Fashion

Retailers to lose £2.2 billion 1Q 2011

Retailers are set to lose an estimated £2.2 billion in sales during the first quarter of 2011 because of the 2.5 per cent rise in VAT introduced today, according to new research by Centre for Retail Research. Consumer spending will decline by 0.5 per cent year-on-year during Q1 and the tax change will cost each UK household on average £520,...

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