The importance of switching to online is becoming abundantly clear — sales of apparel and footwear are set to shrink by 27 to 30 percent in 2020 year-on-year, according to McKinsey & Company. Image credit: Saint Laurent Personalizing digital engagement could save luxury fashion
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Internet,Mobile,News,Retail | No Comments
The importance of switching to online is becoming abundantly clear — sales of apparel and footwear are set to shrink by 27 to 30 percent in 2020 year-on-year, according to McKinsey & Company. Image credit: Saint Laurent {"ct":"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","iv":"0a622aaa4fa10570caae8d6f20b483e8","s":"bc85d0205e30496f"}