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July 11, 2025
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Retail

Retail sales show shift toward service industry spending, consumer goods could suffer in 2023: Deloitte

January 16, 2023

Consumers will continue to spend more on services--like going out to eat--than on retail goods. Image credit: Deloitte Consumers will continue to spend more on services--like going out to eat--than on retail goods. Image credit: Deloitte

 

By Marybeth Connaughton

Retailers will have to keep the consumer experience at the center of their investments if they want to continue to prosper in the year ahead, according to new research.

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  1. 35pc of aspirational consumers reduced or paused luxury spending in past year: BCG, Altagamma
  2. Hermès makes fitness fabulous with Hong Kong pop-up
  3. Louis Vuitton explores China for travel campaign
  4. Luxury Unfiltered: When was the last time you truly surprised your client?
  5. Aston Martin, ELEMIS skincare join forces
  6. Schiaparelli exhibition coming to UK’s V&A
  7. Off the Cuff: A Q&A with The Calendar Group's Nathalie Laitmon
  8. Ulta Beauty acquires UK-based Space NK
  9. Immersive technologies reshaping how heritage labels design, sell: The Future Laboratory, Together Group
  10. Chrono24 names first-ever chief growth officer
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35pc of aspirational consumers reduced or paused luxury spending in past year: BCG, Altagamma
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Off the Cuff: A Q&A with The Calendar Group’s Nathalie Laitmon