Londoners spend almost £1 billion a year on beauty products
In the lingering financial crisis, the "lipstick effect" takes centre stage as consumers turn to small indulgences for comfort, leading to a 1,006 per cent increase in demand.
Social media is overtaking traditional channels for UK SMEs' revenue generation
A study reveals that 28 per cent of UK small businesses are now making more money through social media than from any other channel, while 21 per cent worry about lacking digital skills.
The Eco-Friendly Luxury Sneakers Handcrafted for the Modern Conscious Consumer
This article explores the creation of eco-friendly luxury sneakers, meticulously crafted to cater to the preferences of the conscious modern consumer.
How will the UK real estate industry go 'digital' in 2023?
The UK government and the major real estate industry players have jointly launched a new group for the digital transformation of UK real estate.
Meta to launch AI chatbots with personalities to retain users
The multinational technology company are developing variations of chatbots with different personalities and functions in a bid to improve user retention.
UK to overhaul product safety laws for 21st century innovations and e-commerce
The UK plans to overhaul its 30-year-old product safety laws to adapt to emerging technologies and e-commerce, benefiting businesses and consumers.
UK retail industry has lost 6,000 retailers in the past five years
The UK retail industry has been battling with the closure of 6,000 retailers over the past five years due to burdensome business rates and the COVID-19 pandemic.
Prince Harry still an 'invaluable part' of Travalyst says CEO
The Duke of Sussex founded Travalyst in 2019 with a mission to aid "both travelers and travel companies make better, greener choices."
Reports show 50% of banks think data-driven financial services have provided commercial benefits
Financial institutions in the UK want to assist clients better, with over 80 per cent of bank executives committed to providing data-driven financial management support.
European consumer goods industry sees decline in product innovations amidst sales slump
A recent study reveals a decline in product innovations among major brand manufacturers in Europe's six largest markets amidst falling sales in Fast-Moving Consumer Goods.
Gen Z and Millennials prioritise retailers' reputation and values over price
A new study reveals that despite a challenging economic environment, Gen Z and Millennial customers prioritise retailers' reputations when making purchasing decisions.
Equities edge higher as inflation moderates
Global stocks mostly edged up on Monday as investors remained optimistic that interest rates will not go higher and China made moves to boost lackluster growth.
Record high of nearly 6,000 hospitality industry closures in the last 12 Months
There have been approximately one in 18 hospitality industry closures all over Britain in the past year, as the record-breaking number sends shock waves through the sector and raises concerns about the long-term viability of businesses.
Samsung is sparing no effort to make foldable phones dustproof
Samsung could apply its experience in developing water-resistant phones to overcome the challenge of dust proofing.
Revolution of consumer behaviour: Exploring the transition of consumers to mobile shopping
With the rise of mobile shopping and the profound impact of the pandemic on consumer behaviour, retailers are investing heavily in their online presence.
Microsoft rolling out Bing AI for Google Chrome with some limitations
While Microsoft allows 30 messages per conversation on the Edge browser, Chrome's Bing supports only five messages per conversation.
Ford raises 2023 profit outlook but sees bigger EV loss
Ford lifted its full-year forecast Thursday after quarterly earnings nearly tripled on strong vehicle pricing in conventional autos that offset losses in electric vehicles (EV).
TikTok set to sell Chinese products in the US soon
With TikTok gearing up to launch its e-commerce platform in the U.S., buyers will have access to a wide range of products from China.
Stocks tread water while dollar dips after latest Fed rate hike
Wall Street stocks tread water while the dollar dipped Wednesday after the Federal Reserve lifted interest rates and signaled the possibility of further increases.
Apple Pay and contactless payments set to surpass cash in stores by 2023
A survey has revealed a major shift in payment preferences, indicating that Apple Pay and Contactless Payments will soon overtake cash payments in physical stores, with 87 per cent of face-to-face payments in the UK in 2022 being contactless.
The UK Is Promising New Trade Routes – Will It Deliver?
The UK has struggled to recover from Brexit but promises new trade routes on the horizon. Will it deliver? Discover here.
More than half of UK businesses say customers are spending less
Recent research has shed light on the shifting trends, indicating a rise in remote work and an increasing preference for second-hand shopping among UK consumers.
British berry sector facing critical challenge amidst rising production costs
The British berry sector is confronting a critical challenge as retailers fail to keep pace with growers' increasing production costs.
Study reveals 81% UK online shoppers 'are concerned about fashion's environmental impact'
Makip exposes that the majority of UK online shoppers are worried about the environmental consequences of ordering multiple clothing items in various sizes.
Advertisers planning to move their ad spending from Twitter to Threads
After debuting earlier this month, Threads has amassed over 100 million sign-ups, catching the attention of several companies and digital marketing agencies.
Cost of living crisis leads UK consumers to welcome deinfluencer content
According to a recent report, UK consumers are growing disinterested in the influencer culture, with many unfollowing accounts that portray unrealistic lifestyles.
Operating profits in the grocery retail industry dropped by over 41%
According to CMA, competition in the UK grocery retail industry will keep price increases low, despite food and grocery costs at historically high levels.
Grocery price inflation sees notable decline while promotional spending rises
According to Kanta, a market research company, there was a significant 1.6 percentage point decline in grocery inflation towards the first week in July.
Why are more UK consumers shifting towards the metaverse and ChatGPT?
According to a recent study, the increasing adoption of the metaverse and AI-powered chatbots is reshaping how UK consumers engage with brands during purchases.
Vegan diet has a much more positive impact on environment, study finds
A vegan diet causes less damage to the environment than a high-meat diet, claims a study conducted by researchers in the UK.