Posts Tagged ‘ Luxury ’
Flash sales online have continued to grow in popularity, particularly in the apparel and home categories as new entrants emerge to compete with Gilt Groupe, RueLaLa, HauteLook and others. Visits to a custom category of 17 websites offering Online Flash Sales increased 235% year-over-year for the week ending April 24, 2010. Last year, the Gilt [...][ READ MORE ]
The economic downturn in the US had a strong impact upon consumers and resulted in a decline in discretionary spending for nearly two years. However in March, retailers started to report increased sales, signaling that consumer confidence may be increasing and shoppers are willing to start making purchases again. One sector that was among the [...][ READ MORE ]
