Online fashion from over 500 top brands
Online shoppers are increasingly concerned about their privacy. Too much personalization can be creepy, hence why brands that over-personalize are three times more likely to be abandoned by shoppers. Increasing affluence in Asia-Pacific and in the Middle East drove up the average revenue per luxury good consumer to $313. Despite luxury goods sales seeing sluggish growth, at 3.4% annually, McKinsey forecasts indicate that ecommerce could triple in sales over the next decade—reaching €70 billion ($79.5 billion) by 2025.
- A quarter of the total return figures came from e-commerce sales, most of which was from apparel retailers.
- Shoppers are encouraged to buy and sell used items instead of buying new.
- Yes, yes, the same spot you rely on for everything from paper towels to pet supplies also offers a rapidly expanding selection of bona fide fashion.
In the growing fashion industry, inclusivity is crucial, …