Mintel news and archive

Coronation to boost ‘made in Britain’ products

With the UK celebrating the first coronation of a monarch in almost seventy years next month, market intelligence agency Mintel states that the regal affair will drive demand for all things British, especially among the nation’s young. Its research found that just under half (45 percent) of consumers say the coronation makes them feel more...

Business

Social commerce soars in the US but security and trust still a concern

The Covid-19 pandemic has accelerated consumer adoption of online shopping, including shopping on social media, with more than a third (39 percent) of US shoppers stating that they have made a purchase on social media and would do so again. New research from Mintel reveals that 61 percent of 25-34-year-olds buy on social media, while 81 percent...

Fashion

Menswear continues to boom

The UK menswear market grew 3.5 percent, up 500 million pounds, year-on-year in 2018 to 15.5 billion pounds, according to new data from market research agency Mintel. The research revealed ahead of the 14th edition of London Fashion Week Men’s (LFWM), which kicks off this Saturday, June 8, predicts that menswear sales will grow a further 15.4...

Business

UK courier and express delivery market hits 12.6 billion pounds

The continued growth of online shopping with British consumers has seen the courier and express delivery market record double-digit growth, according to the latest research from Mintel. Last year, courier and express delivery sales increased by 12 percent to 12.6 billion pounds, marking growth of 62 percent since 2014. Meanwhile, volume sales...

Business

Mintel forms strategic partnership with Pathmatics

Market intelligence agency Mintel has announced that it is forming a “strategic partnership” with Santa Monica-based marketing intelligence platform, Pathmatics to offer advanced marketing analytics for digital channels. The partnership it adds will arm Mintel’s expertise in direct mail and email marketing with Pathmatics’ digital expertise to...

RetailFeatured

Almost nine in ten Brits shop online at Amazon

Amazon, the online retail phenomenon which started in a garage, is now shopped at by almost nine in ten British consumers, with a new report stating that 86 percent are Amazon users/shoppers. The research also shows that Amazon’s ongoing popularity means that its customers have also increased their shopping with the online retailer, with 21...

Fashion

Holiday online sales surpasses 20 percent of total retail for first time

The start to the holiday season saw November online sales as a proportion of all retailing exceed 20 percent for the first time. According to the Office of National Statistics (ONS), retailers reported strong growth on the month due to Black Friday promotions, which continues the shifting pattern in consumer spending to sales occurring earlier...

RetailFeatured

British women set to spend 29.4 billion pounds on clothing in 2018

The UK womenswear market grew by 3.2 percent to 28.4 billion in 2017 -- just one woman in twenty didn’t buy any new clothes in 2017, according to a research by market intelligence agency Mintel, which surveyed over 1000 female shoppers from the UK aged 16 or more. Mintel also forecasts British women to spend 29.4 billion pounds in clothing this...

Fashion |ANALYSIS Featured

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...

Fashion

Fitness band and smartwatch sales hit four million devices

Smartwatches and fitness bands continue to be popular in the UK with the latest figures from Mintel stating that sales are approaching four million devices, up 18 percent on 2016. Mintel’s research has revealed that 33 percent of Brits believe wearable technology will “make their lives better,” and while sales of fitness trackers still have the...

Fashion

A quarter of UK men have bought a ‘manbag’

Britain’s men aged 16-34 are lifting sales of ‘manbags’, according to new research from Mintel, while total UK sales of fashion accessories reached 2.9 billion pounds in 2017. The research reveals that the ‘manbag’s’ popularity has grown significantly in recent years, as Britain’s young men join the likes of David Beckham, Kanye West and Ryan...