It was late 2022 when, for the first time, we dealt with the future of returns in Retail: a practice put into question both on an economic and environmental level. Now, the issue is back in the spotlight, with various companies that have started to implement solutions to the problem.
The Italian textile sector closes out the year with a 4% increase in turnover compared to 2022. Although 2024 is shaping up to be a complex period, forecasts that are more long-term already speak of double-digit growth.
On this site, we have always observed the application of new materials in Fashion & Luxury with interest: next-gen productions finally seem to be close to reaching industrial scale.
As is now tradition, we relive the novelties and trends of the past year with our Magazine: this year’s edition is dedicated to “Unified Commerce”, that is the art of guaranteeing a homogenous buying experience, regardless of the channel used.
Despite a complex global scenario characterized by several concerns, 2023 will close with positive results for Fashion & Luxury. These are the findings reached by both the 22nd Altagamma Observatory and a recent study by PwC.
Following the pandemic years, customers are rediscovering the pleasure of shopping in physical stores. Meanwhile, new versions of the physical store are popping up. This insight is dedicated to commerce in the “real world”.
In analyzing the production of technical textiles in the European Union, we discover that more than one quarter comes from Italy. The data released recently by a symposium in Milan show an exciting picture: despite the leadership position already achieved, growth potential is enormous.
Solutions based on data analysis and artificial intelligence are always more crucial for Fashion & Luxury, confirming once again that they are unavoidably connected to technology. Our new insight is dedicated to this trend.
The world of fashion and luxury proves itself to be always more significantly and irreversibly Omni-channel. It is specifically to the blending of physical and virtual, to the consistent monitoring of every sales channel that we dedicate this insight.
We have been focusing on innovative materials for Fashion & Luxury for two years now. Despite the difficulties experienced in 2022, so-called ‘next-gen’ materials open to new and interesting prospects.
In Italy, consumers confirm the desire to return to stores. Two studies illustrate this, analyzing first the January 2023 sales period, then shopping center performance for all of 2022. Positive data that bode well for the future.
During the last edition of Milano Unica, first of the fashion trade fair events in Milan, the Studies Center of Confindustria Moda announced an extraordinary result: overall 2022 industry revenues exceeded Euro 8 billion.
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