Online sales in retail recorded their largest drop in volume ever, with the high street opening once more. Growth was dipping by -9.1% Year-on-Year (YoY) in May, according to InternetRetailing. Measured against May 2019’s pre-COVID levels, last month’s figures actually represent a +46% increase in sales volume. Meanwhile the Average Basket Volume (ABV) has been rising steadily
The US e-commerce giant, Amazon, is everywhere across the globe. Even though Amazon might not be a real fashion leader, there is still a lot of revenue that is being made by fashion retailers through these marketplaces. Lengow and DataHawk have published a study on Amazon and the online fashion market. They analyzed the hundred best sellers in the “clothing” category on Amazon
In times of climate change, people around the world are becoming increasingly sensitive and open towards environmentally friendly solutions in their everyday consumption behavior. E-commerce can be a more sustainable alternative to traditional brick-and-mortar retail in many ways. Primarily because it saves a lot of CO2 on the transport side as compared to stationary retail.
The COVID-19 period was a lucrative one for online retail. Economists and analysts around the world agree and the reported sales figures of online retailers across the board back the assumption. It was not only e-commerce giants such as Amazon or Otto who broke growth and sales records. From online supermarkets over fashion online stores to niche players – selling products
One of the main advantages that e-commerce has over stationary retail is that it has almost unlimited reach. There are practically no borders on the internet. In addition, online retailers can offer their products not only to everyone in their home country with access to the internet, but potentially to clients all over the world. Of course, selling to clients internationally