In 2021, luxury brands will be looking to quickly reconnect with customers across geographies, by bringing their VIP customer service to the online world. The challenge will be expanding
India is a massive and exciting market with huge growth opportunities for cross-border e-commerce brands. In a market predicted to triple in size to US$200 billion by 2027, with the second-largest global
Russia is an important, fast-growing market for cross-border ecommerce. Expected to be worth $27.1 billion by 2023, the country has a young population, steadily increasing internet penetration
While there are still many unknowns today, it’s likely that customs checks will increase, logistics and supply chains will be delayed, and duties and tax rates will change. In this ebook, we outline scenarios to anticipate.
The pandemic has ushered in new behaviors and accelerated the rate of digital transformation and innovation for beauty brands. Even amidst the current economic uncertainty, there is a huge global opportunity for brands who can respond effectively. Thirty-six percent of consumers purchased beauty products online for the first time during the pandemic, and 73% said they would continue to do so.
While digital is a channel that many luxury houses have been slow to embrace, e-commerce is experiencing a significant boon. In fact, international online sales of luxury goods increased by 170% year-over-year in August and September 2020.