Valentine's Day news and archive

American consumers set to spend 24 billion dollars on Valentine’s Day

American consumers are set to spend close to 24 billion dollars on Valentine’s Day gifts this year, a 9.6 percent increase from last year, according to the National Retail Federation. Following the historic level of consumer spending over the winter holidays, it appears the trend will continue into 2022,” NRF President and CEO Matthew Shay said....

Fashion Featured

How fashion brands cash in on Valentine's Day

Americans spend 19.6 billion dollars on Valentine’s Day, according to insights on last year’s spending gathered by Edited. Unsurprisingly, men spend almost twice as much as women on the romantic holiday. With the average man spending around 196 dollars on gifts for V-day, gone are the days when a simple card and heart-shaped box of chocolates do...

Retail |REPORT Featured

Brits to splash out up to 1 billion pounds this Valentine's Day

London - Love is in the air as Brits are predicted to spend more on Valentine's Day gifts than Easter. Romantic partners spent 620 million pounds on Valentine's gifts in 2017, compared to the 575 million pounds they spent at Easter, according to research from Mintel, market research firm. And this amount is predicted to increase this year, as...

RetailFeatured

Men continue to outspend women on Valentine's Day gifts

London - Back in the day buying a card, or a box of chocolates or even a bouquets of flowers was the norm for most couples on Valentine's Day, with 1 in 3 adults participating in the holiday each year. However, over the years the amount couples spend on each other during this romantic day has increased to approximately 1.3 billion pounds,...

Retail

Valentine's Day sees sales surge at John Lewis