Amazon heads for fashion dominance as clothes buyers go for the convenience of online clothes shopping
Share Now on:
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.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.
Cheers to trustworthy journalism!
Give just $7/mo to get your KaiPA glass.