Daily LInks
1. Despite reopening, analyst sees e-commerce growing fast: Online sales are on track to grow 11% annually over the next 5 years to a total of $1.6 trillion. While the demand sparked by Covid-19 has lessened as brick-and-mortar stores reopened, this period appears to be behind us. – Read More on CNBC
2. High Fashion’s Digital Transformation Taking More Measured, Experimental Approach: “Burberry saw an 11% increase in revenue and a 14% increase year over year as a result of digital efforts.” Some believe that luxury will never fully migrate online due to its core appeals. – Read More on PYMNTS
3. Luxury Items Account for Bulk of Fake Goods Seized in the U.S.: Luxury items such as watches, jewelry, handbags and wallets accounted for more than 50 percent of the seized merchandise’s retail value, despite accounting for only 30 percent of all seizures. – Read More on Statista
4. How Retail Media Ad Platforms Are Rewriting the Walled Garden Playbook: While retailers do create protective walls around their customer data, they also rely on programmatic vendors to pipe data and demand between their walled garden and the open ecosystem. – Read More on AdExchanger
5. A New Platform of Sustainability Data Helps Companies Reduce Emissions: China and India account for 38% of global CO₂ emissions, though much of that pollution is emitted in the production of goods that Americans buy. – Read More on Bloomberg
6. Retail and consumer IPOs, deals tail off as more businesses set their sights on 2023: The total number of consumer and retail deals in the first quarter of 2022 fell 31.9% from the prior period, global consultancy KPMG said in a report released Wednesday. Deal volume dropped 39.8%. – Read More on CNBC
