Chain Store Age’s Post

For those of us in the thick of the #secondhand e-commerce space, the rising spend of online shoppers — projected to hit $788 annually by 2025 — underscores the growing consumer commitment to #sustainability and resale. This presents an unparalleled opportunity for mid-to-large size e-commerce operations to further optimize and scale their operations. The question now is not if we should adapt, but how quickly and innovatively we can do so to meet this surging demand. https://lnkd.in/gEgEvS79

Today, Zalando released its 2024 Strategy Update, where via its B2B arms - Tradebyte (Europe's Fashion & Lifestyle integrator leader) and ZEOS (fulfillment & logistics) - it targets to become the key enabler for e-commerce transactions, on and off Zalando, for example via the About You, ASOS or Otto marketplaces. Do you want to enter or expand your brand(s) into the European Fashion & Lifestyle market? We are here to make that happen! 🚀📈 #tradebyte #zalando #zeos #ecommerce

🌍 Cross-Border E-Commerce Heats Up in Europe: Fashion Leads the Charge! The European online fashion market is projected to grow by 5% by 2025, driven by platforms like Shein and Vinted. With 72% of the sector's gross merchandise value coming from marketplaces, brands are scrambling to tap into cross-border sales. This growth offers a golden opportunity for retailers to expand their international presence while ensuring a seamless customer experience. As the global e-commerce landscape evolves, reaching customers across borders is no longer optional—it's a must! #CrossBorderEcommerce #FashionRetail #MarketplaceGrowth #DigitalTransformation

Today, we released our Strategy Update 2024. Here's what's new: We’re evolving our strategy to build Europe’s leading fashion and lifestyle e-commerce ecosystem. The ecosystem model is a strategic evolution from the current platform one, and will enable us to cover a larger share of the fashion and lifestyle e-commerce market as well as deepen relationships with customers and partners. On the B2C side, we are building the go-to-destination for quality fashion and lifestyle shopping as well as inspiration. On the B2B side, we are building the operating system to enable e-commerce across Europe on and off Zalando. The ecosystem model represents "a massive opportunity to engage with customers on a whole new level," says David Schneider, Co-CEO, Zalando. It also helps Zalando to be an enabler of positive change for a more sustainable and inclusive future of the fashion and lifestyle industry. Read the full press release here: https://lnkd.in/d8-_8FiZ #strategy #ecommerce

📈 UK E-commerce Breakthrough: 3.2% YoY Growth in September 👉First positive growth since April 2021 👉Online fashion up 4.2% YoY 👉Similar trends in Germany and Netherlands #ecommerce #retailtech #onlineshopping

🛍️ Is Charging for Returns the Future of E-Commerce? More and more e-commerce businesses have begun charging fees for returns. This trend, led by big brands such as Oh Polly, Zara, and H&M, raises an important question for other e-commerce: Should you follow suit? 💸 Rising Costs: With return rates increasing, especially in fashion, retailers are introducing fees to manage the operational expenses, such as shipping.  🤔 Customer Experience: While this can reduce costs, it also risks making customers unhappy. Striking the right balance is key. 📈 Industry Trend: Charging for returns is gaining traction, but will it work for your brand? Consider your customer base and the potential impact on loyalty. As shipping and other operational costs associated with returns increase, now might be the time to reassess your return policy. Read the article here: https://lnkd.in/gX7wgnfu

📉 Brexit's Hidden Impact on UK E-commerce 📦🌍 Brexit has significantly disrupted the UK's e-commerce sector, with non-food retail exports to the EU dropping by £5.9 billion. Clothing & Footwear exports have been particularly hard hit, but there is hope: online marketplaces offer UK brands a vital channel to reach EU consumers. Agility and innovation are key to navigating this new reality. 🚀 #BrexitImpact #Ecommerce #UKRetail

When it comes to online retail, there is a heavy market demand for various fashion products.. In 2023 alone, eCommerce revenues from apparel and accessories sales in the United States amounted to 134.5 billion USD. As a demanding and lucrative market, understanding proper apparel shipping procedures is vital. Shipping apparel to customers efficiently and effectively is a crucial aspect of running a successful online retail business. At ePost Global, we specialize in international and domestic shipping. So, whether you’re shipping apparel locally or across the globe, we know the best shipping procedures and methods to get your items there safely, efficiently, and on time. 💚 In this blog, we’ll explore key strategies and tips for apparel shipping that can help merchants streamline their operations and enhance the overall shopping experience for their customers. https://lnkd.in/eTcnxxdw #eCommerce #ParcelDelivery #InternationalShipping #FashionIndustry

Over half of all consumers worldwide (56%) say they buy more clothes online now than they have in the past several years, according to research. And that tracks, as just here the U.S., online shopping has grown from $539 billion in 2019 to $1.2 trillion today. But the de minimis rule – has allowed ecommerce companies that specialize in cheap fast fashion to explode in popularity. This has had an environmental impact and has affected traditional brands and retailers that play by long-established trade rules. Learn more about the state of ecommerce and potential changes to de minimis in the latest Lifestyle Monitor™. https://lnkd.in/dN4CjcHb #CottonIncorporated #LifestyleMonitor #fashion #ecommerce #tariffs #deminimis