From around the web and the nationals
Sainsbury’s has reported that it has sold more than 4,500 of Gok Wan’s blue wrap dresses since the TV presenter’s second collection for the supermarket launched last month (November 17). Wan’s collection has now grown to 7% of Sainsbury’s total womenswear sales in an average week, according to The Independent. Mike Coupe, the commercial director of Sainsbury’s, said the ranges had boosted wider sales of its own-brand Tu clothing.
Ted Baker, the premium retailer, will introduce its first in-store beauty salon in its London Cheapside store tomorrow. Ted’s Beauty Spot will provide customers with treatments ranging from manicures and pedicures to eyebrow tinting and threading. It follows the launch last year of the Grooming Room, where men can receive a traditional Turkish shave.
GEORGE OSBORNE will outline plans to boost the UK’s sluggish economy later, against expected gloomy forecasts for growth, reports the BBC. Osborne will deliver his update on the state of the UK economy, as well as his response to economic forecasts by the Office for Budget Responsibility. Some details of credit easing, youth employment schemes and infrastructure investment have already been unveiled.
THE CONFEDERATION OF BRITISH INDUSTRY’s Distributive Trades Survey has found that 44% of retailers reported falling sales between 27 October and 16 November, giving a negative net balance of 19%. Ian McCafferty, the CBI’s chief economic adviser told The Independent: “Retailers remain hard-pressed, even as we get closer to Christmas. Retailers may be hoping that shoppers will loosen their purse strings in the run-up to Christmas, but consumers are likely to remain cautious about spending given the uncertain economic outlook.”
FASHIONING CHANGE, a San Diego tech start-up, is building a recommendation engine that takes information based on well-known brands and introduces consumers to ‘ethical’ and ‘green’ alternatives based on style and price point, says TechCrunch. The site also features a product called “Wear This, Not That”, which juxtaposes a name brand with a “green” brand, so that users can directly compare the look and price of the product, as well as compare the practices used by each company to manufacture the product.
Net-A-Porter unveiled Alexander McQueen’s cowl-neck Pippa-inspired bridesmaid dress yesterday to much fanfare. The off-white silk crepe dress features the same accentuated cap sleeves and back fastenings as the original but costs £1,995.