THE RETAIL WRAP: 19th Jan

Join the Retail Wrap to discover the latest news and happenings from throughout the diverse retail and design industries.

From e-commerce and high street brands to inspirational and trending topics, our weekly series will bring you up to speed on the latest hot topics from across retail, lifestyle and design; covering everything from retailer updates, changes in purchasing behaviour, inspirational case studies, and the latest trends.

From what Gen Z are looking for from retailers to what the change in Cookies means for your business, discover this and more with the retail industry's need-to-know headlines this week.

Mobile commerce sales to double to 700 billion dollars by 2025

If there is any doubt consumers are doing most of their shopping on smartphones, new research from eMarketer projects sales will double to 700 billion dollars by 2025. Another report from Mordor Intelligence states that the mobile commerce market is expected to register an annual growth rate of 27 percent between 2021-2026.

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Gen Z shoppers driving the BNPL trend

Buy Now Pay Later (BNPL) payments have surged in recent years, with Gen Z playing an instrumental role in driving the service.

In the past year, 42% of UK shoppers aged 16 to 24 used a BNPL service to help spread the cost of big-budget fashion items and expensive tech purchases, according to a new report by Student Beans.

A new book by the Ellen MacArthur Foundation features pioneering fashion designers and brands who share their approach to designing for a circular economy. Here, editor Elodie Rousselot picks six of the most innovative.

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Goodbye Cookies, Hello… Persistent Identity?

Technology news site The Information recently published an article describing this shift, expounding on alternatives such as Rokt, which utilize first-party data to create a “persistent identity” and personalize far better than cookies.

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Dirty greenwashing: watchdog targets fashion brands over misleading claims

Companies may have to change how they advertise or face court if in breach of consumer protection law

Fashion brands that make misleading claims about their environmental credentials face a crackdown by the competition watchdog as it targets greenwashing.

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Showrooms: The Next Frontier in Wholesale Revenue Growth in 2022

2022 is looking a lot like 2021 with regards to fashion and wholesale. Investment in digital remains strong, yet brands aren’t immune to the global supply chain issues and still face problems running sales seasons.

For brands with large revenue contributions coming from wholesale selling, the answer may lay right at the center of it all: Showrooms.

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