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29 Noteworthy Beauty Industry Statistics for 2021

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During recessions, there’s a phenomenon known as the ‘lipstick effect’. It refers to people occasionally buying smaller treats like lipstick instead of splurging on bigger and more expensive items. This theory is based on the idea that consumers would always find the means to purchase luxury goods regardless of the economic situation.   But in 2020, […]

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28 Intriguing Fast Fashion Statistics You Need to Know in 2021

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During the second half of the 20th century, fashion became one of the leading industries in the world. But as you’ll learn from these fast fashion statistics, it was fast fashion rather than luxury fashion that helped transform the industry. It also changed our perception of clothing and how we purchase and wear garments. Keep […]

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The Most Important Fashion Industry Statistics in 2021

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Even before the coronavirus crisis, 2021 did not look promising for the global fashion industry. But now companies will have to exceed expectations to stay afloat. The industry has to focus on digital, environmental, and ethical innovation to stay relevant as consumer priorities drastically change. So what do fashion industry statistics have to say about […]

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23 Key Apparel Industry Statistics You Should Know in 2021

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The apparel industry has come a very long way. From manufacturing by hand and working with sturdy textiles, the once-small sector has grown into a global business worth trillions. But in 2020, the COVID-19 pandemic put its rapid rise to a halt. As you’ll learn in our overview of the most recent apparel industry statistics, […]

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How Many People Shop Online? (+9 Other Ecommerce FAQs Answered)

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The ecommerce market has seen incredible growth over the past decade. With the global pandemic raging in 2020, more and more people started relying on digital stores to provide them with anything they may need—from groceries and clothes to electronics and furniture.  In this article, we’ll examine how many people shop online and look into […]

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29 Impressive Amazon Statistics to Follow in 2021

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At the moment, Amazon is the biggest name in the world of ecommerce. Its retail numbers sound quite insane, and the number of people visiting this platform is growing every day. There are numerous impressive Amazon statistics, especially those related to the holiday season when the sales are so huge that no old-school retailer can […]

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12 Revealing Groupon Statistics for 2021

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Groupon started in November 2008, but it was quite different from what it is today. The idea was to launch a group buying platform with deals available only once a critical mass or a tipping point was reached. However, this model soon had to be abandoned for financial reasons. Regardless of the business model, the […]

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21+ Eye-Opening Sustainable Fashion Statistics You Need to Know

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While fashion companies are still primarily interested in growing or at least maintaining their market share, they’re also eager to adopt environmentally responsible business models. After all, that’s what consumers worldwide want—and sustainable fashion statistics illustrate it. So what is sustainable fashion? The term refers to practices adopted by companies and consumers to reduce their […]

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31 Most Important Mobile Commerce Statistics in 2021

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Mobile commerce, or m-commerce, is a form of ecommerce that takes place on mobile devices. In the past, some people were quite sceptical regarding the potential of mobile devices in online sales. This happened because of a widespread belief that the screen size was proportional to the conversion rate and that desktop and tablet were […]

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Top 32 Online Shopping Statistics in 2021

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Online shopping statistics are the best indicator of the ecommerce world in 2021. Every year, the number of internet users grows. This means that the potential number of buyers increases as well. Besides this, online shopping tools and online shopping trends are constantly evolving to offer new incentives to consumers. If there’s one thing that […]