online apparel news and archive

Farfetch hailed as the UK's fastest growing online retailer

London - Superstars e-commerce companies, such as online giant Amazon and luxury fashion retailer Farfetch, are challenging the sluggish retail sector growth rates by achieving double-digit margins as the sector continues to evolve. In fact, these leading e-commerce businesses have grown 7 times faster than the global retail average, according...

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US Leads Dynamic Growth in Online Apparel and Footwear Sales

The US apparel and footwear market is seeing a major shift from in-store purchases to digital purchases. The apparel and footwear market saw retail value growth of 14 percent over the 2010–2015 period; online apparel and footwear sales recorded much faster growth, at 102 percent. The growth of digital commerce is largely supported by the...