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Millennials head in-store to avoid fakes on Black Friday, value and savvy shopping also key – report

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November 24, 2025

Expect ‘value beyond price, savvy shopping and brand trust’ to be the key drivers for the looming Black Friday Cyber Monday (BFCM) shop-fest. 

Photo: Pixabay

While price, of course, remains the top consideration for Peak Trading purchases for a third year in a row, the proportion of shoppers rating cost alone has fallen, according to research of over 1,000 UK consumers by Sensormatic Solutions. And the rise of ‘dupe culture’ will see consumers heading more in-store to seek product authenticity.

While 66% say price is the most important factor influencing BFCM and Peak Trading purchases, this is down 11 percentage points year-on-year. Product quality was ranked second (49%), “indicating that good ‘value for money’ as well as cost is a growing consideration”. This was followed by ranging (38%) and stock availability (37%).

“Even though price remains the top factor, inflation-weary consumers have become used to everything being ‘expensive’, which is why many are redefining their perceptions of value beyond cost alone,” said Andy Sumpter, Sensormatic Solutions’ EMEA Retail Consultant.

“This reassessment means additional factors, such as quality, choice and stock assurance, are becoming table stakes in Black Friday purchasing decisions.”

The report also says shoppers are expected to exhibit ‘savvier’ behaviours across BFCM this year.  Some 37% plan to use cashback or discount code sites, rising to 47% of Millennials, “as consumers hunt out extra deals and money-off codes on top of existing discounts”. 

Also, 26% of shoppers will look to retailers’ resale platforms for Peak Trading bargains, rising to 38% of Millennials.

Meanwhile, 73% will take more time searching out deals, up four percentage points compared to 2024, with bargain-hunting strongest among Millennials (79%) and Gen Z (74%).

“Shoppers won’t just take Black Friday deals at face value,” Sumpter added. “Motivated by getting the best value for money, they’ll be scanning every channel, testing every discount format and weighing every payment option to make their disposable spending budgets work hardest.”

As for brand trust, under the heading ‘counterfeits get cancelled’, shoppers will also be heading in-store “to avoid online fakes”.

Some 17% plan to shop in-store over online during BFCM to ensure product authenticity, while 25% trust items bought in-store to be genuine, certified goods. Some 42% of Millennials will also head to physical stores during Peak Trading to ensure product authenticity and avoid online fakes.

“Consumers have always valued the store for purchase validation, wanting to see, touch and physically assess items to ensure their quality and suitability before buying,” Sumpter added. “We’re now seeing an extension of this, where dupe culture and question marks around authenticity online are making the physical retail the cornerstone for brand authentication and trust.”

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The Denim Lab project examines the environmental impact of denim at Milan Fashion Week

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January 21, 2026

To coincide with Milan Fashion Week, the S|STYLE 2025- Denim Lab is setting up at Fondazione Sozzani for an edition devoted to the future of sustainable denim and water management in the textile industry. Led by the S|STYLE Sustainable Style platform, founded in 2020 by independent journalist and curator Giorgia Cantarini, this initiative forms part of an ongoing programme of research and experimentation into responsible innovations applied to contemporary fashion.

Designers brought together for the S|STYLE 2025 – Denim Lab project – Denim Lab

The exhibition, open to the public on September 27 and 28, features a site-specific art installation by Mariano Franzetti, crafted from recycled and regenerative denim. Conceived as an immersive experience, it brings fashion design, technological innovation and artistic expression into dialogue.

Water: a central issue in fashion sustainability

Developed in collaboration with Kering‘s Material Innovation Lab (MIL), the Denim Lab brings together a selection of young international designers invited to create a denim look using low-impact materials and processes. They benefit from technical support and access to textiles developed with innovative technologies aimed at significantly reducing water consumption, chemical use, and the carbon footprint of denim production.

This edition places water at its core, an essential issue for a fabric whose production has traditionally demanded substantial volumes of water, from cotton cultivation through to dyeing and finishing. Denim therefore serves as an emblematic testing ground, both familiar and closely associated with the environmental challenges facing the fashion industry.

Outfit created for the Denim Lab by designer Gisèle Ntsama, one of the participants
Outfit created for the Denim Lab by designer Gisèle Ntsama, one of the participants – Maison Gisèle

The fabrics were developed by PureDenim Srl, a specialist in low-impact dyeing techniques, while treatments and finishes were applied by Tonello Srl, a recognised leader in sustainable washing and finishing technologies. The selected designers, from Europe, Asia, and Africa, each offer a distinctive interpretation of denim, blending formal exploration, textile innovation and reflection on the contemporary uses of clothing.

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It’s official, Next wins race for Russell & Bromley in pre-pack deal

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January 21, 2026

Next has won the bidding race to take over the Russell & Bromley premium footwear business, ending almost a century-and-a-half of family ownership.

Russell & Bromley

Working with bidding partner and stock clearance specialist Retail Realisation, it’s set to takeover the 147-year-old retailer under a pre-pack administration deal.

Crucially, it means 33 of the company’s standalone stores/outlets and nine concessions (many of them in Fenwicks branches) are likely to eventually close.

The extent of the challenges Russell & Bromley faced can be seen from the fact that this is only a £2.5 million cash deal. Next is also paying £1.3 million for some of the retailer’s current stock with Retail Realisation handling the clearance of the rest.

Assuming the deal gets court approval on Wednesday afternoon, Next will own the intellectual property and just three of the stores.

Those stores are in London’s Chelsea and Mayfair, as well as the Bluewater shopping centre in Kent. Interestingly, that Bluewater store is just a stone’s throw away from the former House of Fraser branch that this year will reopen as a Next megastore.

The remaining stores and concessions will continue to trade for “as long as [they] can” as Interpath’s Will Wright and Chris Pole “assess options for them”. Russell & Bromley currently has around 440 employees.

A source close to another bidder, Auralis, told The Times it was disappointing that its offer, which aimed to safeguard jobs and stores, wasn’t given greater priority by those running the sale.

Russell & Bromley CEO Andrew Bromley called the sale decision a “difficult” one but insisted it’s “the best route to secure the future for the brand… we would like to thank our staff, suppliers, partners and customers for their support throughout our history”.

So what are Next’s plans now. That’s not clear. There had been a lot of attention focused on its likelihood of closing the store chain in the run-up to the sale but on Wednesday, Next said that it will “build on the legacy” of the business and “provide the operational stability and expertise to support Russell & Bromley’s next chapter”.

Next had also been reported to be eyeing a similar deal for LK Bennett, but Sky News reported that it has stepped away from this.

It remains one of the most acquisitive retailers on the UK high street, however, and in recent years has bought brands such as Cath Kidston, Joules, FatFace, Made and Seraphine. It also has deals to handle other key brands in the UK market such as Gap, Victoria’s Secret and Laura Ashley.

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GoldenTree to buy about $200 million of Saks Global bankruptcy financing, Bloomberg News reports

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January 21, 2026

Global asset management firm GoldenTree will buy a chunk of a $1 billion ⁠bankruptcy financing for luxury retailer Saks Global, Bloomberg ⁠News reported on Tuesday, citing people familiar with ‍the ‌matter.

A Neiman Marcus store, part of the Saks business – Neiman Marcus

GoldenTree, which is founded ⁠by billionaire ‌Steve Tananbaum, has committed ‌to buy a roughly $200 million portion of the so-called debtor-in-possession financing, according to ‍the report.

Saks Global and GoldenTree did not ‌immediately ⁠respond ​to Reuters requests for ⁠comment.

The ​high-end US department store conglomerate filed for Chapter ​11 bankruptcy protection on January 13, after ⁠a debt-laden ⁠takeover.
 

© Thomson Reuters 2026 All rights reserved.



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