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Primark revenues within touching distance of £6bn + 360 Interior Views of Oxford Street Store

Merchandising Primark retail Store Layout Styling UK Retail

Primark revenues within touching distance of £6bn + 360 Interior Views of Oxford Street Store

Primark has reported about £0.7bn in net profits on revenues of close to £6bn in its 2016 full year report. The company has single-mindedly focused on building its store portfolio and remains one of the last high-street retailers in the UK without a transactional e-commerce website. (Source: Company Accounts) Primark's first Oxford Street store (Marble Arch end) spread over 70,000 sqft opened in April 2007 and generated about £200m in revenues to June 2008. Average sales were reported at an average of £2.5m-£3m (The Independent, June 2008) per week. We visited the four-storey 82,400 sqft shop at the Tottenham Court...

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Using gamification to drive inventory discovery and conversion rate?

ecommerce FashionTech Gamification GTA ShopDirect Styling Styling Tech very.co.uk

Using gamification to drive inventory discovery and conversion rate?

Gamification of Fashion Ecommerce Offering your visitors to interact with your inventory in new ways could improve discovery and ultimately lead to increased conversion rates. Gamification as a concept is not new. Numerous online games offer an interactive approach to dress-up. There are also games offering in-store-in-game clothing purchases and dress-up, such as Grand Theft Auto 5, and many others. But, how do you transform gaming into a shopping experience in the real world? A real-world example of a gamified fashion shopping experience can be found at very.co.uk where a couple of messages are loaded with the page. These messages...

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The Death of Algorithm Style Advice?

FashionTech Financial Performance Styling Styling Tech

The Death of Algorithm Style Advice?

In 2014 Nordstrom paid $350million for Trunk Club, a fashion styling subscription box service targeting men. This has been the only exit in an industry plagued by high levels of returns and controversy (JustFab Inc subscription methods). Business Insider today reported that 61% of US customers taking out a subscription has canceled it. An industry expert told Styleintelligence that "Subscription box services have huge returns, much higher than normal ecommerce retailers. Perhaps even higher than 80%." The question is if the lack of exits in the niche has been due to a lack of consumer transparency and more importantly, revenues...

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Have your own fashion brand? Dont forget to apply to Asos Fashion Discovery!

FashTech Competition Fundraising pr Styling UK Retail

Have your own fashion brand? Dont forget to apply to Asos Fashion Discovery!

Asos are looking for two brands to win £50,000 and a chance to be nurtured by the very best in online fashion. If you run your own brand get over to http://www.asos.com/fashion-discovery/ immediately as the deadline for applying is June 19th, 2016!

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Adidas x Parley Shoes - Upcycling Ocean Plastics

Adidas Ethical Fashion Shoes Sportswear Styling

Adidas x Parley Shoes - Upcycling Ocean Plastics

Adidas has made a complete winner with the new X Parley shoes. Our oceans are polluted by plastics from old fishing nets to toys and bottles and much much more. "Limited edition of the iconic adidas x Parley running shoe is now available for people to earn bypledging their support for Parley's Ocean Plastic Program. adidas x Parley shoe is a world first, using innovative technology to create performance products using Parley Ocean Plastic®. Globally renowned football icon and Real Madrid manager Zinedine Zidane joins the movement. Herzogenaurach, June 7, 2016 – To celebrate World Oceans Day, adidas and Parley...

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