Daily LInks
1. As shoppers increasingly head out of their homes, e-commerce sales could slow” “There’s probably several reasons for the change in trend, including the reopening of stores and a shift to leisure activities and travel (i.e. there’s less need to order online when on vacation).” – Read More on MarketWatch
2. Chanel suit finds new fans in Gen Z channeling 90s nostalgia: This month Olivia Rodrigo, the 18-year-old singer of hits including Driver’s Licence and Good 4 U, chose a pink and black vintage version for a visit to the White House to meet the US president, Joe Biden. Global fashion search platform Lyst said that following the appearance, searches for vintage Chanel rose by 200%. – Read More on the Guardian
3. Guess sources more from India, Bangladesh to avoid tariff risks in China: Suppliers from Bangladesh and India made up a larger share of the apparel company’s purchases in fiscal year 2021, at about 23.5% and 18%, respectively. In fiscal year 2020, both were at less than 15%. – Read More on Supply Chain Dive
4. What we can learn from Germany’s approach to ecommerce innovation: One only has to look at the phenomenal rise of Vinted, the used fashion app, to realize how important mobile commerce is to German shoppers. The app achieved more than double the downloads of two of its most prominent competitors, Amazon and eBay, in 2020. – Read More on Retail Insight Network
5. RELATED READ: Vinted Raises $303 Million, Valuing the Resale Platform at $4.3 Billion. The company is “contributing to a seismic shift in the fashion market, enabling more sustainable, socially-responsible shopping habits,” noting that second-hand fashion is a “rapidly” growing part of the larger apparel market, which is expected to reach $2.2 trillion by 2025. – Read More on TFL
