All markets within the continent have their own particularities: from Canada, where online e-commerce is based on imports, to Mexico, where challenges like credit cards use or logistics are starting to being solved.
There is a great distance between the United Kingdom, where 78% of the total population purchases online, and Bulgaria or Romania, for instance, where the percentage stands only at 11%
The sector is in that way recovered from September’s figures, when sales dropped 7.2% according to Eurostat. In spite of that, it is still the sector that has grown less in the whole Eurozone.
The sector will obtain a revenue of 517 billion euros in 2021, according to the last report carried out by consultant EY The Luxury and Cosmetics Financial Factbook.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.