Connect with us

Fashion

Interest rates push some shoppers from credit to debit cards – BRC payments study

Published

on


Published



December 12, 2025

​If you want to know how consumers are paying for their purchases, the BRC has just released its latest survey, saying that they swapped credit for debit cards and cash was used in just a fifth of transactions.

Barclays Payments

The BRC’s annual Payment Survey, based on data from last year, reveals a “significant decline” in the use of credit cards, from 14.2% of transactions to 12.6% as consumers turned to debit cards where usage increased from 62% to 64% of transactions.

However, despite their declining popularity, for larger transactions, consumers still preferred using credit cards overall, which offer additional protections for shoppers. Cards also beat cash, which accounted for just 19.2% of transactions.

“As the cost of living crisis eased, some customers returned to old habits. The weekly shop showed signs of a comeback with consumers making fewer but larger transactions”, the report highlighted, with the total number of transactions falling from 20.9 billion to 20.4 billion. Average transaction value rose across all payment types.

More shoppers have also been exploring less traditional payment methods than ever before, particularly for larger transactions. This included the use of gift vouchers, PayPal, and Buy Now Pay Later (BNPL), although no figures were given.

Chris Owen, Payments Policy Advisor at the British Retail Consortium said: “As interest rates peaked in 2024, the use of credit cards fell as customers switched to lower interest forms of payment. However, with cards still accounting for the vast majority of transactions and card fees now more than double the level they were six years ago, only a long-term cap on card fees would bring much needed relief to retailers.

He added: “Looking ahead, as the PSR transitions into the Financial Conduct Authority next year, it is vital that the FCA carries this work forward, delivering fairness and transparency in a market long hampered by competition issues and unjustified fee increases.”

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

ISPO honours final award winners in Munich ahead of move to Amsterdam

Published

on


Published



December 12, 2025

The historic outdoor event organised by Messe München ISPO took place in Bavaria for the final time, from November 30 to December 2. It gave ISPO the chance to present a final series of awards before its move to Amsterdam, where the trade show will be held from 2026.

ISPO Munich held its last edition at the end of 2025 – ISPO

This edition of the ISPO Awards was defined by three main criteria: circularity, multifunctionality, and technology. The winners were selected by an international jury and divided into several categories.

Comfortable, versatile products

In the Running/Trail Running category, gold went to The North Face for its Summit Vectiv™ Pro 3 shoe, recognised for its carbon plates, nitrogen-infused foam, and comfort. Completing the top five were Outopia (Vita Shell Jacket), Decathlon Kiprun (Kipnext shoe), Nedao (HexRise Active Running Long Sleeve T-shirt), and Mizuno (BreathDry Shell Jacket).

The latest generation of winners at the ISPO Awards in Munich was honoured
The latest generation of winners at the ISPO Awards in Munich was honoured – ISPO

The contest in the Mountaineering/Climbing category was won by Ohmega, Edelrid’s lightweight assisted-braking belay device. Its three-stage braking system, integrated pulley and suitability for all rope teams played an important role in this success. Edelrid and its Ohmega were followed by Blackyak with the Javari Suit, The North Face with the Summit 5050 AMK Hoodie, Mammut with the Crag Recycled Classic Rope, and Blackyak with the Watusi Light Suit.

Lightness, a key element in sports equipment

In the Hiking division, Rab’s Syclon XP 40 pack took top spot, thanks to its low weight, waterproofing and body-hugging Aerofit carrying system. Completing the top five were Kathmandu (XT Series Pack 40 backpack and Women’s XT Series Hybrid Octa Fleece Hooded Jacket), Rab again with its Mythic -6 down sleeping bag, and Simond with its MT900 ultralight backpack.

The award-winning products stood out for their durability, technical features and versatility
The award-winning products stood out for their durability, technical features and versatility – ISPO

Mammut’s Eiger Free Pro HS Bib Pants took first place in the Snow Sports category, thanks to their technical sophistication and durability. Helly Hansen (Sogn Patrol Shell jacket) and Elan (ACE GSX FX skis) completed the podium, followed by Pelliot with its The Limit Series One-Piece Down Coat.

Eco-responsibility, a must at the ISPO Awards

In the Lifestyle/Athleisure category, Impetus outpaced its rivals with the ImNatura T-shirt, recognised for its eco-friendly credentials. It finished ahead of Reima and its BugProof Hoodie Surista, Peak Performance and its R&D Helium Loop jacket, Bosideng and its 3-in-1 Smart Layering Kids Down Jacket, and Peak Design and its Roller Pro suitcase.

ISPO moves to Amsterdam in 2026
ISPO moves to Amsterdam in 2026 – ISPO

First prize in the Camping/Vanlife category went to Simond and its Single Wall Trekking Tent 2P UL Condensless, praised for its light weight and material efficiency. Simond was followed by Robens with the LightCore UL 3.1R Regular sleeping mat, Dometic with the Dometic CFX5 series cooler, Acebeam with the Keylight 500 torch, then Robens again with the Scoria Quilt UL +6°C Regular sleeping bag.

Versatile sports products are in vogue

Among the contenders in the Cycling/Commuting category, Bosideng took the gold award for the versatility and recycled materials used in its Circular Design Fashion and Functional Puffer jacket. Next came BBB Cycling with its BackStreet LED ERT helmet, Qiaodan with its Carbon Reduction Intelligent Wearable Luminous Riding Windbreaker, then Flectr with its Cargo Mate handlebar.

The new ISPO will now be organised by Messe München and Raccoon Media Group
The new ISPO will now be organised by Messe München and Raccoon Media Group – ISPO

To bring this edition to a close, first prize in the Multisports category went to Helly Hansen for its Arctic Shield Pro Boot HT, whose technical capabilities won over the jury. The Norwegian brand finished ahead of Viking with its QuikGo GTX SL children’s shoe, Polartec with its AirCore x Montura Ritmo PTC AirCore Hooded Anorak, Acemate with its Tennis Robot, and EGGspander with its Your GYM ToGo! muscle-strengthening tool.

Future developments for the European Outdoor Group

This series of awards brought the last ISPO in Munich to a close, after fifty years in the Bavarian capital. The European Outdoor Group (EOG) took the opportunity to unveil the roadmap for its transformation programme, built around communications commitments (public relations, marketing, member recruitment) and events (ISPO, Outdoor Impact Summit and EOG Week) focused on environmental, social and regulatory issues.

EOG plans to increase its influence from 2026 onwards
EOG plans to increase its influence from 2026 onwards – ISPO

EOG’s future also lies in data management, according to its director, Christian Schneidermeier. The association will be developing its Outdoor Market Intelligence Service (OMIS) market analysis tool, implemented by Sporting Insights, and plans to roll it out in Germany this month and in France in early 2026, following a successful launch in the UK. For the time being, OMIS covers three million product references in its database, across 2,000 physical points of sale. According to EOG, the tool represents over €5 billion (2023–2025) in value and includes 1,000 brands represented.

EOG also plans to develop the Sustainability Data Exchange (SDEX) and a European retail directory, and to produce annual market reports, along with complementary projects. The aim is to make EOG a complementary player to ISPO, and to strengthen the European outdoor industry.

This article is an automatic translation.
Click here to read the original article.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

M&S is AI bot’s favourite recommendation for festive fashion ideas, Charlotte Tilbury tops beauty

Published

on


Published



December 12, 2025

There’s never a bad time to be the main choice as a fashion destination, but M&S has taken top-of-the-tree status this Christmas when it comes to AI gift inspiration. And in the Beauty category, Charlotte Tilbury has been mentioned more than any other cosmetics brand while Decathlon took top spot in the Sports category.

M&S

That’s all down to the ‘AI Christmas Nice List’ compiled by digital marketing and PR agency Tank, revealing which UK retailers AI favours for Christmas gifting by analysing hundreds of ChatGPT responses across 10 retail sectors, awarding a mention score based on how early products are recommended. 

And of the top fashion searches, M&S achieved the highest mention score (21) in the category. And that was out of nearly 150  websites.

Following M&S, shoppers are more likely to see fashion picks from Next, Barbour and John Lewis, with mention scores of 20, 17 and 15, respectively. 

Next, it has to be noted, also received three more total mentions than M&S, but “these were later in AI’s response and scored lower overall”, the report said.

High ratings for British heritage brand Barbour and John Lewis were helped by their annual Christmas ads bringing in press coverage and social media attention to drive holiday demand, with this year’s ad including Barbour’s retuned link-up with Shaun The Sheep. 

Other big name fashion recommendations include Matalan at number five (14 mentions), followed by Sainsbury’s TU Clothing (11 mentions), Longchamp (10), accessories brand Fairfax & Favor and White Stuff (both 8 mentions). 

John Lewis also showed up the most overall in ChatGPT, with 31 mentions across eight out of 10 sectors analysed including Home and Food & Drink categories.

Martin Harris, head of digital at Tank, commented on the research: “ChatGPT is used everyday for personal and commercial queries such as Christmas gift ideas, so if fashion brands aren’t appearing for the relevant results, they could be missing out on sales. AI search is important for retailers and while there is hesitancy around it, it is essential brands are discoverable where shoppers are searching for information. 

“While some small retailers could struggle with being found in AI during peak seasons like Christmas, it presents an opportunity to improve visibility in their niche. Consumers can also use AI to find niche brands and products. That’s why it’s even more important retailers know what their customers want and have a strategy to appear in the relevant results.”

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Inditex hits all-time high on the Spanish stock market, reaches market capitalisation of €174 billion

Published

on


By

Europa Press

Published



December 12, 2025

The shares of Inditex, the largest listed company on the Spanish stock exchange, rose 1.85% on the morning of Friday, December 12, to €56.1 per share, surpassing the record high set a year ago, when they fell just short of €56.

Inditex headquarters – Inditex

According to market data compiled by Europa Press, the textile conglomerate is up more than 12% in 2025 and now has a market capitalisation of over €174 billion.

That said, Inditex’s share price had been anaemic- if not negative- over the course of the year, as from mid-March to early this month the stock traded below 2024 closing levels and touched an August low of €40.8.

The rally of the past two weeks- which has propelled the new highs- is attributable to the company’s latest quarterly results, which beat market expectations across the board.

Specifically, on December 3, the conglomerate reported a record third quarter (August to October), with profit up 9% to €1.831 billion and sales up 4.9% to €9.814 billion.

Thus, Inditex recorded net profit of €4.622 billion during the first nine months of its 2025–2026 financial year (between February 1 and October 31), an increase of 3.9% year on year.

Since the day before these latest results were announced, Inditex has gained 14% on the stock market.

Moreover, this particular milestone for Inditex has coincided with a broader one for the Spanish stock market, as its benchmark index, the Ibex 35, surpassed 17,000 points on Friday for the first time in its history.

Analysts’ assessment

“Clear path ahead,” Bank of America analysts concluded two weeks ago following Inditex’s results presentation, after a year of doubts about the outlook for the apparel sector.

“The acceleration of growth bodes well for the first half of 2027 […] and should pave the way for improvements in earnings per share,” they said. They therefore reiterated their buy recommendation while raising their price target from €54 to €60.

eToro market analyst Javier Molina noted that Inditex beat market expectations and is consolidating its transition towards a more premium positioning at a time when the consumer cycle is showing signs of moderating.

“The third quarter was particularly solid and clearly exceeded consensus forecasts,” he said, while, in his view, the shift to the luxury segment is reflected in investment in flagship stores, the renovation of strategic locations and projects such as the new Zara building in Arteixo, focused on product and technology.

The company, according to Molina, shows a “remarkable ability to adapt” to consumer preferences, consolidating collections with higher perceived value.

“But this progress comes at a demanding moment in the cycle, and the market will be watching whether the company is capable of maintaining the level it has set for itself,” he warned.

For his part, IG analyst Sergio Ávila argued that in the short term these figures support Inditex maintaining a premium to the sector, although he also warned that the bar for expectations is “very high.”

“If the company continues to defend margins and control inventories, I see a higher likelihood of consolidation at elevated levels than of a deep correction,” he said.

The most optimistic firm on the Galician group is Citi, which raised its price target from €54 to €63, while other firms such as Berenberg lifted theirs from €52 to €62 and Santander increased its from €55 to €58.40.

This article is an automatic translation.
Click here to read the original article.

Copyright © 2025 Europa Press. Está expresamente prohibida la redistribución y la redifusión de todo o parte de los contenidos de esta web sin su previo y expreso consentimiento.



Source link

Continue Reading

Trending

Copyright © Miami Select.