Amazon to close brick-and-mortar fashion stores
Just 17 months after opening the first outlet Amazon is closing its physical clothing stores as it doubles down on the grocery segment.
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Tag: fashion
EU online fashion and beauty market to be worth €144 billion by 2026, says report
The EU’s online fashion & beauty market is projected reach a turnover of €144B by 2026, bolstered by C2C marketplaces offering sustainable second-hand fashion and resale options.
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Fashion retailers lead the way for Metaverse participation, says report
The RetailX Metaverse Almanac 2023 report has found that fashion-based retailers are entering the Metaverse at double the rate of other segments.
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Report: Online sales in Germany drop 15%
The figures, which were released by the German federal association for e-commerce show that sales in the fashion segment fell over 20 percent from January to the end of March as online retail continues to experience high levels of volatility.
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