>>
Home / Knowledge / News / Apparel/Garments / Fashion among fastest growing e-commerce sectors: Report
Fashion among fastest growing e-commerce sectors: Report
05
Jun '13
Fashion is among the fastest growing e-commerce category, with online traffic to the sector increasing by seven percent and the number of clothing and accessories sites growing by 126 percent year-on-year, according to a recent report published by technology investment bank GP Bullhound.

As a result of the growth in e-commerce, fashion is now proving to be one of the most lucrative sectors for investors and entrepreneurs alike.

The report revealed that clothing and accessories are the most popular items for smartphone users, with 37 percent of smartphone shoppers having purchased clothing or accessories using their device.

There was initial scepticism due to the migration of fashion to the online channel, however the success of companies such as ASOS and Net-a-Porter have shown otherwise.

The recent ASOS’ partnership with Primark and other high-street fashion brands and agreements with other smaller merchants, also point to deeper integration between online and offline channels.

Sasha Afanasieva, spokesperson for GP Bullhound, said in a statement, “The growth seen in the online fashion sector is impressive and we expect that it will continue to develop and expand.”

“Furthermore, we believe that omnichannel retail is set to become a major trend, with users viewing and shopping online and offline,” she adds.

“However, it seems unlikely that a single ‘Amazon’ for fashion can emerge globally. This is due to country-wise differences such as different shopping patterns, offline fashion market structure, audience specialisation and regulation, which make it too hard for companies to expand geographically.”

GP Bullhound, founded in 1999, is a pan-European technology investment banking group which provides world-class advice on mergers, acquisitions, private and public placements to entrepreneurs across the globe. It also provides research and asset management to a diverse range of corporate clients, institutional investors and high net worth individuals.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

E-commerce | On 25th May 2022

Online revenue growth top priority for brands in US: Survey

Over 50 per cent brands experienced online revenue growth of between...

Pic: Shutterstock

Apparel/Garments | On 24th May 2022

As German economy foresees a shrink, Bangladesh's exports may reduce

As the German economy is at the risk of shrinking by 2 per cent this...

Pic: Shutterstock

Textiles | On 24th May 2022

China to initiate steps to keep major economic indicators stable

China will adopt a slew of strong and targeted measures to stabilise...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Aseem Chitkara,

Aseem Chitkara

Zetwerk Manufacturing Businesses Pvt Ltd is the largest global...

Eric Durivault,

Eric Durivault

<font color="#333333" face="Helvetica, sans-serif">IDELAM is a...

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Christopher Astley, INDA

Christopher Astley
INDA

<font face="Arial, sans-serif"><span style="font-size: 16px;">INDA,...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Meghana Goyal, Label - Summer Somewhere

Meghana Goyal
Label - Summer Somewhere

Summer Somewhere is a conscious clothing brand designed for every girl in...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

China World International Exhibition Company Limited
Zydex Industries
Arvind Limited
Groz-Beckert KG
Weitmann & Konrad GmbH & Co. KG
NITI Aayog
Messe Frankfurt Exhibition GmbH
Lululemon Athletica Inc
CSGIA(China Screen Printing & Graphic Imaging Association)
Hela Clothing Pvt Ltd
Xtema - Thomas Lebherz Textilmaschinen
Maceton Limited
Kornit Digital Asia Pacific Ltd
Under Armour Global Sourcing Ltd
Amazon China
Messe Duesseldorf
K AND D ITMACH EXPOSITIONS LLP
DyStar India Pvt. Ltd
Indo Tex
Abit
Kern – Liebers Textile
Bluestem Global Sourcing Limited
Lisa S.P.A.
Green Fibre
International Textile Manufacturers Federation
Officina Meccanica Dora Enrico Srl
Lectra Technologies India Pvt Ltd.
EMBEE CORPORATION
Recron Polyester from Reliance Industries Limited
COTTON COUNCIL INTERNATIONAL
Rieter India Private Limited
H. Stoll AG & Company KG
Tommy Hilfiger
Sateri (Jiujiang) Fiber Co.,Ltd
Tradewind International Servicing
Haelixa AG
EUROVET ASIA LTD
BIMBA ;& LOLA SL
Datatex Consulting Srl
Applied DNA Sciences Inc
Tchibo GmbH
Gatsby Africa
Indofil Industries Limited - Specialty & Performance Chemicals Division
Target Corporation (MN)
SYNERGIES HONG KONG LIMITED
G.A.S. unternehmenskommunikation gmbh
Gokaldas Exports Limited
Equinox Impex India
Guess Europe Sagl,
Seasalt Limited
The LYCRA Company Singapore  Pte. Ltd
IKEA of Sweden AB
Page Industries Limited (Bangalore)
Tuyap Tum Fuarcilik Yapim A.S.
Rayonese Textile Inc., Division de Culp Inc.
Italian Trade Commission
Alix Partners
Varner AS Retail
Recron Polyester from Reliance Industries Limited
GIOVANNI BOZZETTO S.p.A.
Infor (Hong Kong) Limited
Walmart
Landmark Group
Marzoli Machines Textile s.r.l.
International Sourcing Expo Australia
Permoda(Koaj/Armi/Pronto/Bkul)
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Rosset ;& Cia Limited
VNU Exhibitions Asia
Splash
Nandan Denim Limited
Pt. Peraga Nusantara Jaya Sakti
Asos
LC Waikiki
Savio Macchine Tessili S.P.A.
Loris Bellini S.r.l.
Chori Company Limited
Restoque S.A.
Mesdan SPA
Inter Expo Center Ltd.
Huntsman (Singapore) Pte Ltd
Gloria Jeans
KAS Direct Sourcing
DuPont de Nemours, Inc.,
UBM China (Shanghai)
Cat Tuong Real Estate Group Joint Stock Company
IIGM Private Limited
Gap International Sourcing Limited
Vardhman Textile Ltd
KIABI
Dow Silicones Corporation
Aquarelle Clothing Limited
Istanbul Fuarcilik A.S.
TESTEX AG, Swiss Textile Testing Institute
Chico’ FAS
APLF Limited
John Varvatos
THE BOMBAY DYEING ;& MFG.CO. LTD
Reiter India Private Limited
Jiangsu Yingyang Nonwoven Machinery Company Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
EPCH
Groz-Beckert East Asia LLP
FESPA (Reigate)
Mayer & Cie. GmbH & Co. KG
Phong Phu international JSC (PPJ)
Alison Hayes Romania
Lacoste (Wanchai)
C;&A Sourcing International Ltd
MAS Active / MAS Kreeda / MAS Bodyline
Sportmaster Ltd.
Aleph Srl
IFF Media Ag - International Media Services
Nihalani Events Management
T.T. Limited
Eurofins BLC Leather Technology Centre Ltd
TESCO INTERNATIONAL SOURCING LIMITED
ZAITEX spa
TÜYAP IHTISAS FUARLARI A.S.
Puma
Calvin Klein
Midas Clothing Limited
IDH – The Sustainable Trade Initiative
Grasim Industries Limited
GERBER TECHNOLOGY LTD.
Flainox S.r.l.
Benetton Group
Esprit Europe Services GmbH
ITMA Services Pte Ltd
X-Rite Asia Pacific Limited (HK)
Bluesign Technologies Ag
BTSR International S.P.A.
Colours India Inc
Eastman Chemical Company
Sainsbury's Argos Asia Limited
Jindal Worldwide Limited
NV Michel Van de Wiele
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Thai Acrylic Fibre Company Limited
Comasia Limited
Newtech Textile Technology Development (Shanghai) Company Limited
Sportswear Company Spa
Tory Burch Hong Kong Ltd
Saurer Textile Solutions Pvt. Ltd.
J ;& P Coats
PVH Corporation
USTER
Etam Group Strategy Hong Kong Limited
Babyshop
Woolmark Services India Pvt. Ltd.
Lenzing Aktiengesellschaft
The Top Form Brassiere Manufacturing Company Limited
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
BRINKMANN GMBH
Vianney Textil Hogar S.A. De C.V.
G-Star Raw C.V.
Color Service s.r.l.
Hirdaramani International Export Private Limited
Shima Seiki Mfg. Ltd.
SHAHI Exports Pvt Ltd
CGS Inc.
Thai Trade Center
FULGAR SpA
OVS Hong Kong Sourcing Ltd.
Helly Hansen Far East Ltd
Stahl Holdings B.V.,
Coats Digital Limited
Zünd Systemtechnik AG
Palexpo SA
Thermore (Far East) Ltd.
Truetzschler India Private Limited
TEXVALLEY MARKET LIMITED
Centric Software
Brückner Trockentechnik GmbH & Co. KG
JES MEDIA, INC
BTC Textiles LLC
Lifestyle
Copenhagen Fashion Summit
H;&M Hennes ;& Mauritz (Far East) Ltd
The LYCRA Company Singapore  Pte. Ltd
Karl Mayer Textilmaschinenfabrik GmbH
Meera Dyestuff Industries
Decathlon
Taiwan Textile Federation (TTF)
Lottmann Communications
Lenzing Aktiengesellschaft - India
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Brandix Lanka Limited
Datacolor AG Europe
GHCL LIMITED
Performance Days
BIANCA
Shanghai  Aige Exhibition Service Co., Ltd
Aramark Uniform ;& Career Apparel, LLC
N9 World Technologies Private Limited
Itema Weaving (India) Private Limited
Boardriders Asia Sourcing Limited
Desigual - ABASIC, S.A.

May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search