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Fashion’s new look: digital sets new trends - Venture Insights

Report Overview

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Fashion’s new look: digital sets new trends

PublisherEnders Analysis.
Publish Date February 28, 2017
Sector Disruption, Ecommerce, Internet, Media, Mobile, Technology.
Company Amazon, Facebook, Google, Snapchat, Twitter.

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Fashion underpins the growth of ecommerce; online took a 14% share of all fashion retail in the UK last year and is set to rise further, challenging the economics of physical retail.

Mobile is a key driver, it is changing research and shopping habits, and in turn affecting supplier product cycles, merchandising and marketing strategies.

Social media has disrupted the traditional shopping funnel, changing how trends and styles proliferate and shifting the sites of authority and influence in a £66 billion sector.