Consumer confidence in the UK grew by 2 percentage points in the second quarter to -4%, reaching the highest level since 2011, but while consumers are feeling more confident, the mood in businesses is more cautious.
As one report shows June footfall to stores continued to drop, another regular report shows actual spending in physical stores rose. Not only that, the rise beat e-commerce spending for the second consecutive month.
Though the escalating tensions between the United States and several of its trading partners could hurt companies across a broad range of sectors, several industries are poised to withstand them or even thrive.
Abercrombie & Fitch has entered into a global partnership with Sbe, the lifestyle and hospitality company behind nightclubs, hotels and restaurants such as SLS Hotels, Mondrian, Umami Burger and Doheny Room Skybar.
Yoox Net-A-PorterGroup (YNAP) is continuing its campaign to boost girls' awareness of tech careers as new research shows that very few think tech is relevant for those seeking careers in fashion, retail and luxury.
H&M remains the most popular fashion brand globally with Zara, Adidas, Asos and Nike also in the top five of brands consumers are searching for, while French luxury labels are performing strongly, new figures show.
As the bankrupt Rockport tries to push a private sale through to save itself from further damage, former owner Adidas is trying to prevent proceedings, telling the court it stands to lose $54M if Rockport sells.
Primark has taken a step forward in its sustainability strategy by announcing on Wednesday that its own-brand cosmetics have been awarded the coveted Leaping Bunny status by Cruelty Free International.