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":"e1a7914a3dd1c35f496971d30209e816","s":"3b4b72800e7945c5"}