InsightsMarketing
Report: 88% of Americans are now aware of Temu
In 18 months, the Chinese e-commerce platform Temu has achieved a feat that most brands only dream of—becoming a household name in the United States. According…
Archive
Category: Insights
Insights
Report: 54% of shoppers prefer to buy items advertised by ‘trusted’ retailer
American consumers are increasingly influenced by ads served on retailers’ own websites compared to third-party marketplaces, according to a new study by Intellias, a leading software…
LuxuryTrends
Acne Studios $1.5K Purse Skirt Bag Goes Viral
Acne Studios, a luxury fashion house based in Stockholm, Sweden, is no stranger to innovation and pushing boundaries. Known for its ready-to-wear fashion, footwear, accessories, and…
InsightsStrategy
Wealth Report: You Need $5.8 Million to Join America’s Top 1%
In today’s world, where the gap between the wealthy and the average citizen seems to be ever-widening, the lifestyles of the top 1% have become a…
Insights
Report: 20.1% of retail purchases are expected to take place online in 2024
Ecommerce has experienced tremendous growth over the past decade, fundamentally transforming the retail landscape. Ecommerce sales are projected to surpass the $6 trillion mark in 2024…
Insights
Report: 91% make online purchases using their smartphone
In a recent survey conducted by Pew Research Center, 91% of adults aged 18 to 49 report using their smartphones to make online purchases, compared to…
InsightsLuxury
Luxury brands aim to open more retail stores in airports
Gone are the days when airport shopping was limited to convenience stores, newsstands, and souvenir shops. Today, major airports like San Francisco International Airport (SFO), Los…
InsightsMarketing
Study: 45% of Pinterest’s U.S. users are affluent shoppers
Pinterest, the social media platform known for capturing the attention of millions of affluent shoppers, is an opportunity luxury retailers simply cannot afford to miss. According…
FashionInsights
Trend Report: SSENSE Unveils Most Influential Brands on Social Media
SSENSE, a leading global fashion platform, has released its highly anticipated 2024 Trend Report, providing valuable insights into the preferences and behaviors of its most engaged…
InsightsStrategy
Report: Retail E-commerce U.S. Sales Will Surpass $145 Billion in 2024
According to a report from Statista, United States retail e-commerce revenue from the sale of fashion apparel, footwear, and accessories is anticipated to surpass the $145…