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Nov. 14, 2024
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Retail

Luxury sees 50pc growth y-o-y in cross-border ecommcerce

February 14, 2022

Direct-to-consumer (DTC) online purchases increased by 17 percent in 2021. Image credit: Unsplash

 

By Nora Howe

While uncertainty regarding the pandemic and its residual effects remains, it has altered consumer and brand dynamics, accelerating the shift to cross-border ecommerce, primarily led by millennials.

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  1. Ferrari teams with Paramount Pictures ahead of ‘Gladiator II’ premiere
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  3. Viceroy Hotels debuts narrative-driven brand identity
  4. In Geneva, Christie’s records new high with Aga Khan emerald
  5. Art to comprise 11pc of UHNWI portfolios by 2026: Bank of America
  6. Belmond to launch new luxury sleeper train in England, Wales
  7. ‘Hermès in the Making’ pop-up continues world tour in Zurich
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  9. Diageo launches new division for luxury brands, experiences
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