Marks & Spencer announced the launch of its new online shopping platform, Spors Edit, which is designed for men and women's sportswear. Sport Edit is planning to sell more than 200 sports and clothing products, which include a range of clothes from third party brands such as Veja, Hoka or FMP Movement.
Lanvin signed an agreement with Shopify, Inc. in May 2022, to build a digital platform for the purpose of exploring new growth opportunities in North America. Businesses will be able to focus on their products and customers through a new digital platform powered by Shopify.
Author Credits: Parul Atri
Report ID: 5966
Published Date: Apr 03, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing integration of AI technology and growing online sales are some of the major factors anticipated to drive the growth of the e-commerce apparel market.
The market is anticipated to attain a CAGR of ~9% over the forecast period, i.e., 2024-2036.
The major players in the market are of Shopify, Inc, J.D.com, Flipkart, Rakuten Inc, Marks & Spencer, Lanvin, and others.
The women apparel segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.