This holiday shopping season, Black Friday sales declined as shoppers are shopping earlier and spreading their spending across a longer period of time. E-commerce is a primary driver of the expected increase to holiday shopping this year as fewer shoppers returned to in-store shopping compared to pre-pandemic levels.
Read MoreVarious fast fashion companies, such as SHEIN and Fashion Nova, continue to thrive within the younger generations. People are advertising these brands all over social media, specifically famous people.
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Leading British retailer, Marks & Spencer (M&S) has expanded its online market to over 100 countries with the launch of 46 new websites. This launch, in countries such as Argentina, South Korea, and Uzbekistan, has doubled the number of overseas markets.
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