Social media is catalyzing growth in the $237 billion beauty sector by fueling consumers’ interest in their appearance and their desire for self-expression, according to a report from Fashionbi.
We see a consolidation amongst luxury and fashion players that lets platforms emerge at the expense of the traditionally siloed and brand-specific channels.
According to new research from Euromonitor, accessible items will be the driving force of the $350 billion personal accessories market this year.
The United States is becoming a highly coveted travel destination among affluent Chinese consumers, and due to their spending habits the demographic has proven extremely influential, according to a new report from YouGov.
Retailers must prioritize mobile, personalization, customer service and a great customer service (CX) as their top digital business initiatives this year. They have to realize a new future.
The evolving definition of the connected consumer together with shifting behavior and expectations will shape the future of retail.
As digital continues to drive forward within retail, ecommerce spend is likely to reach $23 trillion this year.
New purchasing journeys mean new kinds of shopping decisions.
Historic motorcycle brand Indian Motorcycle is offering a unique experience paired with a purchase of a one-of-a-kind bike.
Gift giving is common practice among the Chinese, but the rising percentage of high-net-worth consumers self-gifting can provide luxury brands with an opportunity to forge a personal and emotional connection.
