Macy’s Black Friday in July

John J. Gibson

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Slashing prices on homeware, kitchen items, clothing and beauty products, Macy’s is hosting a Black Friday in July sale with huge discounts that match those you would normally see around Thanksgiving. Brands like KitchenAid, Tommy Hilfiger and Martha Stewart Collection are participating, giving shoppers the opportunity to purchase thousands of high quality products at low prices. The sale is active through July 13.

While Macy’s typically holds a clearance event towards the end of the summer, Michael Bonebright, consumer analyst for DealNews.com, said this year’s sale is earlier and filled with “unusually good” discounts. He attributes the sale to Macy’s

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Best last-minute deals in John Lewis’ 70% off fashion sale

John J. Gibson
John Lewis & Partners have 70% off womenswear and menswear. (Yahoo)
John Lewis & Partners have 70% off womenswear and menswear. (Yahoo)

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John Lewis & Partners launched their unmissable summer sale at the start of June, with huge discounts on fashion, home and electrical equipment.

The longstanding department store has continued to slash prices by up to 70% on menswear and womenswear, so there is no time like the present to treat yourself to an absolute bargain – after all, no deal lasts forever.

So, now is the time to to buy that item you have had on your wishlist for weeks on end, update your summer wardrobe with seasonal staples or take full advantage of the reduced prices to buy formal pieces for

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Angelina Jolie Went Shopping in a Chic Tan Tie Dress and Valentino Slides

John J. Gibson
Photo credit: 4CRNS, Javiles / BACKGRID
Photo credit: 4CRNS, Javiles / BACKGRID

From Marie Claire

Angelina Jolie has been quarantining with her children in Los Angeles throughout the coronavirus pandemic, but on Friday she was photographed out shopping with her 11-year-old daughter Vivienne at gallery/art store Soap Plant/Wacko in Los Feliz. Both wore masks, as is required now in California. Jolie dressed fashionably, wearing a tan tie-waist dress with a black Christian Dior purse and brown Valentino VLOGO slides.

Jolie has done several interviews throughout the coronavirus pandemic, including one with Harper’s Bazaar UK where she candidly reflected on how COVID-19 has changed what is important to her.

She told the publication:

I was fortunate years ago to travel with the UN to frontlines around the world and put into perspective what really matters. Having six children, I am reminded daily of what is most important. But after almost two decades of international work, this pandemic

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Buy now, pay whenever? Lockdown lift for online shopping loans

John J. Gibson

By Nikhil Nainan

(Reuters) – Browsing online during lockdown, Jessica Friend spotted a pair of Ray-Ban sunglasses she liked, but the price tag made the 30-year-old Ohio resident think twice.

What persuaded her to click ‘buy’, Friend said, was the short-term credit offered by Afterpay <APT.AX>, which split the $260 payment into four interest-free instalments.

Afterpay is among a handful of alternative credit firms which offer small loans, mostly to online shoppers, and make their money by charging merchants a 4%-6% commission.

These buy-now-pay-later (BNPL) firms have benefited from a shift to online shopping during the coronavirus crisis in countries including the United States, where state aid has also boosted retail sales.

“I’m more inclined to use them because they make it easier to afford to get the things I want all at once … and when I want to splurge on something,” Friend said of the loans.

Some investors

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How Should Fashion Entrants to China Approach COVID-19 Rebound?

John J. Gibson

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LONDON — Everybody wants a slice of China’s booming luxury and fashion market, especially after the coronavirus put a stop to many businesses around the world.

It’s indeed fascinating to hear stories about how loyal Chinese consumers would queue outside Chanel and Hermès stores moments after the pandemic was contained and spend a record-breaking sum of money on high-price items, and how Burberry’s 100 limited-edition Pocket Bags in collaboration with Mr. Bags sold out within seconds on his WeChat mini-program.

McKinsey predicts Chinese consumers will account for 40 percent of the world’s luxury spending by 2025, but the growing demand is likely to be trapped in the country until 2021 due to pandemic disruptions. Because of this, China’s retail market is expected to overtake the U.S. and become the world’s largest as early as this year.

But the reality is far

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