Most of us will be glad to see the back of 2020, but what does next year have in store from a retail perspective? GlobalWebIndex’s annual consumer behaviour report offers some insights and it has found that sustainability, digital stores and kindness are chief among desires for retail moving forward.
T-shirt printing company Spreadshop is partnering with YouTube to enable merchants, brands and ‘creators’ to promote their T-shirts and other merch using YouTube’s oft-overlooked merch shelf, store tab and more – and the European Space Agency (ESA) is one of the early adopters.
As social and video commerce continue their rapid ascendency in a locked down world, Instagram has added a Shop tab to its home screen , making it easier for users to buy the things they find in the videos and images posted on the site. The social network is also enhancing its Reels feature to aid discovery.
Insights from more than 3,500 holiday shoppers in China, France, Germany, the United Kingdom, and the United States, show that the pandemic has induced changes in behaviours that are now set to remain part of the retail experience.
Farfetch, Alibaba and Richemont are working together to improve luxury brands’ access to the Chinese market while helping them to sell direct to customers using the latest omnichannel technology. The news comes as Richemont reports a 26% fall in sales and an 82% fall in profits in the six months to September 30, a period dominated by the “unprecedented disruption” of the Covid-19 pandemic and subsequent lockdowns. Plus, Singles Day update
International online sales are predicted to increase by 120% year-on-year during October, peaking in the last weeks of the month, as consumers shop earlier for Christmas pulling sales forward and away from the traditional twin peaks of Black Friday and Cyber Monday.