Clarks is set to have a new majority owner to enable it take forward its digital transformation plans – subject to shareholder approval for the transaction and for a CVA that changes the way that its shops pay rent
Hugo Boss today reported a 66% rise in its online sales in the latest quarter of the financial year – although that could not compensate for store closures and group sales fell by 24%. The brand is now using social media to raise awareness of its brand in new ways
Brands including Samsung, Farfetch and Clinque are leveraging the power of live video support to enhance their growing online sales, as video becomes the latest ‘must have’ in the ecommerce revolution.
Sportswear firm Nike has seen a huge rise in online sales as it bounces back from a coronavirus slump, with digital sales rocketing 82% during the June to August quarter, offsetting falling revenue in its stores.