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Online luxury sales driving post-pandemic recovery according to new data

September 10, 2021

Via: Charged

Online luxury retail sales skyrocketed 50 per cent over the first half of 2021 as it became the fastest growing sector thanks to a “growing digitally native middle class”.

Luxury ecommerce sales across international markets are driving the post-pandemic economic recovery, according to new data from eshopworld (EWS).

In a survey of nearly 15,000 consumers across 14 countries, EWS found that growing demand from millennial and Gen Z shoppers is set to drive online luxury sales up 30 per cent this year, up from 22 per cent last year.

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