ROI Revolution

NOVEMBER 4, 2020

The top categories consumers have gravitated toward during this shift are alcohol, home improvement materials, and groceries (up 16%, 14%, and 12% respectively), with apparel seeing significant declines. According to recent research from the Commerce Department, apparel sales were down 20% YoY in July 2020 after a 20% decline in June.

eCommerce 158

eCommerce Social Media Payment Services Merchant Services 158

ROI Revolution

JUNE 1, 2021

COVID-19’s impact on the apparel industry. Casual apparel brands thrived in 2020 with consumers spending more time at home. Prior to the pandemic, non-active casualwear made up over half of the overall apparel industry’s annual sales. Infographic] Apparel Trends, Stats, + Metrics for 2021. March 31 update. 9/9 update.

eCommerce 158

eCommerce Social Media Payment Services Merchant Services 158

ROI Revolution

JULY 1, 2021

Myriad categories saw significant growth, with apparel topping other industries at 667% year-over-year growth. COVID-19’s impact on the apparel industry. Casual apparel brands thrived in 2020 with consumers spending more time at home. Infographic] Apparel Trends, Stats, + Metrics for 2021. Ecommerce sales rose 11.1%

eCommerce 148

eCommerce Social Media Payment Services Merchant Services 148

ROI Revolution

SEPTEMBER 9, 2020

Department stores have held strong to their fashion and apparel categories, but with apparel sales in a free fall across the board, many department stores are hurting as a result of COVID-19. According to recent research from the Commerce Department, apparel sales were down 20% YoY in July 2020 after a 20% decline in June.

eCommerce 147

eCommerce Payment Services Merchant Services Small Business Retail 147

ROI Revolution

MAY 6, 2021

COVID-19’s impact on the apparel industry. Casual apparel brands thrived in 2020 with consumers spending more time at home. Prior to the pandemic, non-active casualwear made up over half of the overall apparel industry’s annual sales. Infographic] Apparel Trends, Stats, + Metrics for 2021. March 31 update. 9/9 update.

eCommerce 148

eCommerce Social Media Payment Services Merchant Services 148

ROI Revolution

AUGUST 4, 2020

COVID-19 industry updates: automotive, apparel, & gaming. The apparel industry has struggled throughout the pandemic as consumers choose to spend their discretionary income in sectors deemed “essential.” Apparel sales are continuing to decline, with U.S. Shopify offers free tool. 5/21 update. 4/23 update.

eCommerce 158

eCommerce Payment Services Merchant Services Small Business Retail 158

ROI Revolution

DECEMBER 3, 2020

The top categories consumers have gravitated toward during this shift are alcohol, home improvement materials, and groceries (up 16%, 14%, and 12% respectively), with apparel seeing significant declines. According to recent research from the Commerce Department, apparel sales were down 20% YoY in July 2020 after a 20% decline in June.

eCommerce 156

eCommerce Social Media Payment Services Small Business Retail 156

ROI Revolution

JANUARY 5, 2021

Apparel & accessories saw the sharpest decline at 16.4% The top categories consumers have gravitated toward during this shift are alcohol, home improvement materials, and groceries (up 16%, 14%, and 12% respectively), with apparel seeing significant declines. COVID-19 industry updates: automotive, apparel, & gaming.

eCommerce 147

eCommerce Social Media Payment Services Merchant Services 147

ROI Revolution

OCTOBER 7, 2021

With consumers remaining strong in their online habits, Shopify’s gross merchandise volume (GMV) surged 40% in Q2 2021. Shopify’s total revenue grew 57% year-over-year in Q2 2021, with Shopify’s merchants generating an additional $1.1 COVID-19’s impacts on the apparel industry. September 30. September 9.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

NOVEMBER 4, 2021

With consumers remaining strong in their online habits, Shopify’s gross merchandise volume (GMV) surged 40% in Q2 2021. Shopify’s total revenue grew 57% year-over-year in Q2 2021, with Shopify’s merchants generating an additional $1.1 COVID-19’s impacts on the apparel industry. September 30. September 9.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

JANUARY 5, 2022

In light of changing habits brought on by the pandemic, buy now/pay later (BNPL) services are expected to grow 44% this holiday season over 2019, with apparel, electronics, and grocery coming in as the top categories. With consumers remaining strong in their online habits, Shopify’s gross merchandise volume (GMV) surged 40% in Q2 2021.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

SEPTEMBER 2, 2021

How apparel retailers & brands have responded to the pandemic. Many apparel retailers have been forced to carefully rethink their strategy in light of COVID-19. As the leading casual apparel company worldwide (according to Statista), Gap expects that 50% of its sales will come from digital this year. respectively.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

FEBRUARY 2, 2021

Apparel & accessories saw the sharpest decline at 16.4% The top categories consumers have gravitated toward during this shift are alcohol, home improvement materials, and groceries (up 16%, 14%, and 12% respectively), with apparel seeing significant declines. COVID-19 industry updates: automotive, apparel, & gaming.

eCommerce 68

eCommerce Social Media Payment Services Merchant Services 68