Americans are spending more money when buying luxury fashion online, according to a new report by NPD Group. The biggest spend increase came from apparel, which grew 17 percent in 2018 to an average of 716 US dollars spent per buyer. Accessories come next: average spend per buyer rose by 5 percent to 782 US dollars. Footwear spend increased 4...
Jan 31, 2019
It seems like only yesterday when luxury companies including Louis Vuitton, Chanel and Prada were hesitant to embrace digital commerce. Where once they lagged behind more technology savvy fashion businesses, only dipping their dainty toes into online sales with risk-free products like perfume or accessories, they now see e-commerce platforms as...
Brick and mortar retailers, beware: online-only apparel shops are expected to take share from other channels through 2019, according to NPD’s new report “The Future of Apparel”. While 76 percent of apparel sales in 2017 came from in-store purchases, that represents a 3 percent decrease in comparison to 2016. Meanwhile, online apparel sales...
Jul 24, 2018
Sales of smaller size handbags are on the rise and smaller money accessories, such as card cases and coin purses are cashing in on the trend, according to new research from the NPD Group. Small and mini-sized options were the largest sources of growth in the women handbag category, at the expense of larger sized handbags that have experienced...
Dec 15, 2016
London - The Louis Vuitton Speedy was once seen as the 'It' handbag of the moment. Crafted from monogrammed canvas, its logo surface made it into the one designerhandbagwomen across the global scrambled to attain in the 1990s, signifying status, power and style. However, times have changed and although London is now thecheapest cityto buy a...
Nov 2, 2016
London - The cosmetics industry has always been seen as thenatural extenstion of the fashion industryas the two go hand in hand. However, over the years more and more fashion brands have begun to encroach on thebeauty marketwith the launch of their own in-house cosmetic ranges, which in turn has led to colour comestic brands seeking out...
Apr 18, 2016
Amazon has been making moves over the past few months to position itself as a force in the ready-to-wear fashion world. The Seattle-based online retail titan has already revolutionized how consumers shop and has been selling clothes for more than a decade. In 2006, it bought the site Shopbop and snapped up online footwear go-to Zappos three...
Apr 4, 2016
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