🖤 Donations of all sizes power our public service journalism Give Now

Amazon heads for fashion dominance as clothes buyers go for the convenience of online clothes shopping

Reema Khrais Oct 26, 2016
HTML EMBED:
COPY
An Amazon distribution center in Saran, France. GUILLAUME SOUVANT/AFP/Getty Images

Amazon heads for fashion dominance as clothes buyers go for the convenience of online clothes shopping

Reema Khrais Oct 26, 2016
An Amazon distribution center in Saran, France. GUILLAUME SOUVANT/AFP/Getty Images
HTML EMBED:
COPY

A new forecast from the investment banking firm Cowen and Company says Amazon will likely become the nation’s biggest clothing seller next year.

The online retailer is beating out big department-store chains like Macy’s. Consumers are increasingly opting for the convenience of online clothes shopping. The shift has grave implications for traditional apparel retailers.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.