Deloitte news and archive

Number of retail administrations rose by 6 percent in 2018

The number of UK retailers going into administration in 2018 rose 6 percent from 118 in 2017, according to research by Deloitte, reported by City AM. Of those that fell into administration, 26 were large brands - an increase from 17 in 2017. Retail Company voluntary arrangements (CVAs) rose by 53 percent in 2018, with Deloitte’s research showing...

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Report

Deloitte predicts 11 percent decreased online shoppers during back-to-school season

In the U.S. college students prefer to do their back-to-school shopping the old fashion way, that’s it in person. As a result, Deloitte predicts an 11 percent decrease in intended online shoppers for this season. According to Deloitte's 2018 Back To College Study, while last year about 80 percent of shoppers said they would use their...

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BusinessFeatured

France and Italy dominate Deloitte’s list of top 100 largest luxury companies

Businesses from France and Italy dominate Deloitte’s annual list of Top 100 luxury goods companies once again. The latest report covers the luxury goods sector in fiscal year 2016 (ending on June 30, 2017). Italy leads in number of companies making the list (24), but the nine French corporations that have made the top 100 represent almost 25...

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Business

Deloitte forecasts 4.5 percent increase in retail holiday spending

It's been a tough year for retail with store closures, the decline in brick-and-mortar, and many companies trying to figure out how to compete with Amazon has put a state of gloom over the retail industry. However, a glimmer of hope has come for them today, as Deloitte has said retail holiday sales should rise a healthy 4 to 4.5 percent over...

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Management

LVMH tops Deloitte's Luxury Goods ranking

There’s no change in the top four companies in the latest Global Powers of Luxury Goods report conducted by audit and consulting firm Deloitte, which analyses the top 100 luxury companies in the world. Once again, the report ranked French conglomerate LVMH Moët Hennessy-Louis Vuitton, which includes luxury brands Louis Vuitton, Fendi, Marc...

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Fashion Featured

LVMH tops Deloitte's Luxury Goods ranking

There’s no change in the top four companies in the latest Global Powers of Luxury Goods report conducted by audit and consulting firm Deloitte, which analyses the top 100 luxury companies in the world. Once again, the report ranked French conglomerate LVMH Moët Hennessy-Louis Vuitton, which includes luxury brands Louis Vuitton, Fendi, Marc...

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RetailFeatured

Holiday shopping will make online history, says report

Holiday shoppers plan to spend a historic amount of time online instead of stores, according to Deloitte’s 31st annual holiday survey of consumer spending intentions and trends. Deloitte's holiday survey polled over 5,000 consumers across the US with questions about their intentions for holiday shopping this year and found some surprising...

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RetailFeatured

Fashion as investment: Has shopping lost its magic?

London - Will you buy your winter coat today? That is precisely the question retailers, analysts, brands and anyone invested in the newly disrupted fashion season is hoping to answer. From the latest figures on the UK high street and beyond, it appears shoppers are spending less money on clothing. Retail may not have slumped, but sales of...

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RetailFeatured

Deloitte publish holiday spending report

The holiday season is fashion retailers\' most lucrative time of year and according to Deloitte\'s Annual Holiday Survey, US consumers are expected to spend more than 2013. Total Holiday spending is expected to increase by 13 percent to 1,299 dollars per household, while spending on gifts is expected to rise 9 percent to 458 dollars per...

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