luxury retail facts figures

Newsletter 2 / Facts & Figures / Luxury & Retail

In Newsletter Updates by Laura Franc

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20%

Growth of eCommerce retail sales in France 2008-2013 (IHS, retrieved June 2016)


8%

Percentage of US retail trade from eCommerce by 2018 (IHS, retrieved June 2016)


$41.76 bn

Size of the global luxury ecommerce market in 2019, compared to $21.43bn in 2014 (Technavio, Feb 2016)


$630 bn

Amount of China’s online retail market in 2015, the world’s largest (80% bigger than the US’s) – 13.5% of all retail spending (McKinsey, April 2016)


66%

Time spent shopping online on phones and tablets vs. 19% of actual transactions completed on mobile (Business of Fashion, according to Comscore, June 2016)

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