In a world increasingly driven by digital interactions, the way younger generations consume news is transforming significantly.
The global shift towards e-commerce continues accelerating, with certain countries leading the charge in online retail sales in 2023.
As the e-commerce sector evolves, understanding the most popular categories for online purchases offers crucial insights for consumers and businesses.
The United States e-commerce landscape witnessed continued growth and evolution in 2023. The dominance of these top online retailers reflects broader trends in the U.S.
E-commerce in Africa has witnessed exponential growth over the past decade, driven by increasing internet penetration, widespread mobile usage, and burgeoning consumer demand.
The second-hand apparel market is experiencing exponential growth, propelled by sustainability and affordability. In 2023, the resale industry has attracted a burgeoning consumer base, with many shoppers opting for pre-loved items over the newly minted.
The fashion industry has long been scrutinized for its opaque practices, but recent strides toward transparency are worth celebrating. According
Italian and French luxury fashion houses compete for the UK’s most well-known luxury fashion brands. According to Statista, Florence-based Gucci takes the top spot with brand awareness of 92 percent, followed by Paris-based Chanel, which is recognized by 91 percent of respondents.
The Canadian retail market has proven to be a formidable challenge for many American and international brands.
India’s retail sector is emerging as a lucrative market, attracting many global brands and retailers eager to expand their footprint.
Shein, the Chinese fast-fashion giant, is embroiled in nearly 100 lawsuit cases filed in United States courts, highlighting many legal challenges that threaten to tarnish its rapid ascent in the global retail market.
A recent report by Statista revealed that smartphones and laptops are the most commonly used devices for online shopping in the United States.
In a recent report, Statista projects that by 2027, 23% of all retail purchases will be made online.
TJ Maxx is an American off-price retailer that has carved out a niche in the retail industry with its unique low-cost business model.
Shein, pronounced as SHEE-In, is a Chinese fast-fashion retailer that has taken the world by storm with its rapid growth and massive market presence.
The rise of Shein and Temu has fundamentally altered consumer expectations in the fashion industry by providing ultra-low prices, trendy items, and rapid delivery times.
As we stand on the brink of a “resale boom” in 2024, more retailers are integrating recommerce strategies, including resale, rental, and subscription models, into their operations.
Social media has become integral to our daily lives, shaping how we communicate, stay informed, and shop.
The luxury industry is undergoing a major transformation, driven by the spending habits and preferences of Generation Z.
Recent reports indicate that 60% of luxury consumers are more likely to purchase from brands that prioritize diversity and inclusion (D&I).