Wholesale marketplace Faire has facilitated 400,000 product orders from 50,000 retailers across the UK since its launch in the market just three years ago. Since 2021, Faire has helped establish 200,000 new relationships between British brands and retailers. The platform, which connects independent retailers with unique and exciting independent brands, now has a retail customer base that totals four times the number of stores across the UK's four largest supermarket chains combined. Jeff Kolovson, co-founder and COO of Faire, said: "It's been a phenomenal three years for Faire in the UK.
Posted: 9 April 2024
Despite a festive spending slowdown, the GCVA, in collaboration with Global Data, reveals a compelling shift in shopping habits during the holiday season.
Their nationally representative survey of 2,000 consumers indicates that over 20 million gift cards were exchanged during Christmas 2023, with nearly a third (31 percent) of respondents receiving one.
Interestingly, almost a quarter (24 percent) of those surveyed received more gift cards than in previous years.
Younger generations emerged as the primary recipients, with an astonishing 50 percent of those aged 16-24 unwrapping the gift of a gift card, compared to 18 percent among the 55-64 age group.
The research also showed diverse reasons why gift cards are a popular choice.
Posted: 18 March 2024
Retail is top for local gift card redemptions in the UK in 2023 says Miconex. Primark, M&S, Boots, Next, Sainsbury's, John Lewis and Aldi are within top national retailers.
Around 50 percent of cards are spent with independent retailers and businesses.
Local gift cards are driving spend in high streets and downtowns around the world, says fintech Miconex as it shares key insights from its local gift card programmes.
The range of independent businesses which accept Miconex's local gift cards – usually alongside a range of national brands – makes the cards unique in the sector. A typical 50 percent, and up to 100 percent, of its local gift cards are redeemed with independent shops, restaurants and venues.
Posted: 11 March 2024
Divine Savages is opening its first showroom and working studio in what is being dubbed 'the unofficial design quarter of Bath' - Margaret's Buildings, right between the historic Royal Crescent and The Circus.
Founders Jamie Watkins and Tom have created a Maximalist's dream selling exquisite wallpapers, luxurious fabrics and decorative accessories for the brave and the bold.
Co-Founder, Jamie Watkins, says: "We're eccentric to the core and love the weird and wonderful. The quirkier the better. We like to push boundaries and design aesthetics and want to encourage our customers to do the same - our showroom is the first step in inspiring them to do so."
Posted: 21 February 2024
A new study with 100 senior executives who work for fashion brands and retailers in the UK, US and Australia, by Aquapak Polymers Ltd, reveals that the majority (88 percent) plan to stop plastic in packaging altogether.
Some 8 percent are planning to abolish plastic within the next 12 months, 14 percent within one to two years, 19 percent within two to three years, 30 percent within three to four years and 28 percent within four to five years.
Almost half said that they are extremely concerned about their business' use of polybags such as carrier and garment bags, the majority of which are used for merchandise bought on-line, and the damage they cause to the environment.
Posted: 5 February 2024
Significant show of support in drive for people to choose local and to help businesses in their communities thrive during festive period and beyond.
Sales of gift cards designed specifically to lock spending into local economies across Scotland have topped £1m for the first time.
Corporate orders - mainly rewards for staff - have made up half of the sales of Scotland Loves Local Gift Cards across the country throughout 2023. Cards can be spent with both national retailers and independent businesses.
The gift cards are an extension of the wider Scotland Loves Local initiative. the drive spearheaded by Scotland's Towns Partnership (STP) and supported by the Scottish Government.
Posted: 1 February 2024
Ethical jewellery Lily Arkwright has opened a new Birmingham showroom in the Mailbox, the UK's largest mixed use destination outside of London and an ideal landmark showroom.
Voted as one of Birmingham's best breathing spaces, Mailbox boasts unrivalled accessibility to canal side dining and some of the city's best retail and leisure amenities, providing an exclusive sense of community for Lily Arkwright's clients.
The opening of the Birmingham showroom in February 2024 marks a significant point in Lily Arkwright's expansion plans.
After years in the pipeline, Lily Arkwright is thrilled to see an instant response to this exciting next step, with appointments being booked at record rate.
Posted: 30 January 2024
Manchester-based giftware importer and distributor Joe Davies has announced that it is to become a 100 percent employee-owned business.
The shareholding of the business will be held by the Joe Davies Employee Ownership Trust (EOT) for the benefit of all employees.
The existing management team remains in place, headed up by CEO Steve Davies, it was Steve's great grandfather Joe that set up the business 105 years ago.
Davies commented; "I'm very proud to be able to say that the transition of the company to a 100 percent employee-owned business will see Joe Davies being run, and owned, by the very people that make Joe Davies what it is."
Posted: 30 January 2024
Anti Copying in Design (ACID) is delighted to announce the appointment of Laura Newbold Breen as Chief Operating Officer. Laura began her new role on 4th December 2023. Having previously been Head of Legal for Magmatic Ltd, which owned the Trunki brand prior to its successful transition to new ownership earlier this year, Laura brings a wealth of relevant experience through her incredible journey on the inside track of a company which, despite its incredible success, had to battle many copycat storms along the way. What better experience could she bring to ACID than being at the coal face of what many in the UK face.
Posted: 19 December 2023
The British Fashion Council (BFC) has revealed the winners of The Fashion Awards 2023 (TFA) presented by Pandora.
Organised by the BFC, the event is the primary fundraiser for the BFC Foundation Charity and celebrates the role of fashion at the intersection of culture and entertainment, spotlighting creative talent and telling the stories of the year in fashion through the lens of purpose, excellence, and creativity.
The evening, hosted by British broadcaster Maya Jama and musical artist Kojey Radical, celebrated 16 awards.
TFA nominees and winners are voted for by an international judging panel made up of over 1000 industry experts.
For the first time, the public had the opportunity to vote for the Model of the Year Award.
Posted: 13 December 2023