The secondary luxury market is experiencing unprecedented growth as vintage fashion emerges as a significant force in the premium retail sector, according to new data from buy-now-pay-later provider Clearpay. Analysis of transaction data reveals substantial year-on-year growth across key vintage categories, indicating a structural shift in...
30 Oct 2024
The official Christmas dress code for 2023 is set to be festive pyjamas, according to data from Buy Now Pay Later (BNPL) provider Clearpay. In a survey involving 2002 Brits, the research delves into Christmas Day attire, uncovering that 37 percent prefer not to dress up and instead opt for festive loungewear, signaling a trend toward a more...
12 Dec 2023
The retail industry in the UK has shown resilience in the face of inflation and changing consumer behaviors, with first-quarter growth reported based on data from Square and Clearpay. The pace of growth has moderated, however, when compared to the significant increase observed in 2022 as the pandemic receded. While the Office for Budget...
27 Jun 2023
A number of fashion and beauty retailers are expanding their in-store flexible payment services with Clearpay as customer demand for buy-now-pay-later features continues to rise. According to Clearpay, Tom Ford, MAC, Jo Malone, Cosmetic Company Stores, Le Labo, Too Faced and URBN, the owner of Urban Outfitters and Free People, have expanded...
19 May 2023
Buy Now Pay Later (BNPL) payment options continue to gain significant traction amongst consumers. BNPL services allow customers to make purchases and pay for them in instalments, typically interest-free or with low fees. The flexibility offered by BNPL appeals to many consumers, especially millennials and younger demographics, who are looking...
17 May 2023
Ever since adidas’ Adilette sliders made their way from the pool to the street in the early 2000s, slip-on shoes have been having a moment. Arguably not the most comfortable slider with its spiky soles, they were designed in the 1960s to be a transitional item for athletes, most important was the element of being waterproof, so they could be...
31 Jan 2023
Payment provider Clearpay has partnered with Square, a commerce tech company, to launch a programme with the British Fashion Council (BFC) that looks to help emerging designers establish their online presence. As part of the initiative, British designers that are a part of the BFC network can take part in an e-commerce mentoring package provided...
28 Oct 2022
Clearpay, the sponsor of London Fashion Week, has teamed up with Richard Quinn and the British Fashion Council to offer limited-edition floral rose NFTs to “lucky customers” to celebrate the city-wide LFW celebrations until October 13. The large rose NFTs pay homage to Quinn’s spring/summer 2023 collection and will give fashion fans access to an...
10 Oct 2022
The opening of London Fashion Week will be a consumer welcome affair, with principal sponsor Clearpay teaming up with the BFC and designer Richard Quinn for its City-Wide Celebration in Covent Garden. Dubbed a fashion and entertainment event, a surprise performance and DJ set will inaugurate the fashion week ahead. A limited edition floral print...
9 Sept 2022
With summer swiftly approaching, trends for the warmer months ahead are beginning to make themselves known, with the ongoing Y2K obsession remaining prominent and the return of festival season fashion almost upon us. Based on the UK consumer, the ‘buy now, pay later’ (BNPL) payment provider Clearpay has compiled real-time customer purchase and...
13 May 2022
Inflation is at a four-decade high, forcing consumers to be more wary of their purchasing habits and impacting retailers’ much needed recovery following the loosening of covid-19 measures. However, a recent survey by Coresight Research still found a positive consumer sentiment toward spending, despite inflation, which further suggested that...
12 May 2022
The power of the catwalk can positively affect sales, even if the collections seen on the runway are not available in stores until autumn. Data from 'buy now, pay later' payment solutions company Clearpay, London Fashion Week principal sponsor, shows consumers are already ‘shopping the runway’, with key trends emerging from the LFW AW22 shows...
11 Mar 2022