Why are luxury brands moving towards e-marketplaces?
E-concessions and consignments galore the marketplace model has emerged as a new industry favorite. In 2022, 47% of purchases were via online marketplaces.
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Multichannel vs. Omnichannel: Which is better?
What is omnichannel retail?
With the recent omnichannel retail trends, you may have discovered many posts about omnichannel definitions. What does omnichannel mean exactly? Multi-channel vs. omnichannel: what’s the difference? What is the real process of omnichannel retailing? Are you sure you understand it? Our blog explains the definition of omnichannel retail and how retail trends have changed over the decades.
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Returns in retail – Trends and Impacts.
Several apparel brands have incorporated data-driven technology into their websites to analyse the fit and size of their clothing ranges. This is to boost consumer satisfaction and reduce return rates, according to Global Data’s Online Apparel Market & Forecasts to 2025 report.
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