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The Retail Wrap: 26th Aug

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Join the Retail Wrap to discover the latest content from throughout the diverse retail industry. 

 

From e-commerce and high street brands to inspirational and trending topics, our weekly series will bring you up to speed on the latest hot topics from across retail, lifestyle and design; covering everything from retailer updates, changes in purchasing behaviour, inspirational case studies, and the latest trends.

 

Retail sales grow at sharpest pace in 7 years

New research has found that retail sales rose in August at the sharpest pace in nearly seven years as consumer spending drove economic recovery. The CBI found that 60% of retailers reported higher sales in the year to August.

 

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Ikea brings digital and sustainability together as it trials next generation store format

Ikea has unveiled its next generation store format in Shanghai – and says that if the new “interactive and intuitive” retail experience is successful it will roll it out in other markets from 2022.

 

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Brits want more vegan fashion, new study reveals

A study from the Vegan Society has shown that UK shoppers are keen to buy more vegan-verified fashion when buying new clothes. The Rise of Vegan Fashion report said “the majority” of Britons want to see “more vegan-verified clothes, bags, shoes and accessories on the high-street and online”.

 

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Farfetch launches pre-order service to minimise fashion waste

The luxury online retail platform Farfetch has launched Pre-Order, a new service providing consumers with early access to the newest products throughout the season before they hit the shelves.

 

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Written by Yasemin Baytas
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Written by Yasemin Baytas

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