A new report by Tech., a collaboration between Retail Week and the World Retail Congress, reveals that seventy-five percent of U.S. retailers believe the need for digital transformation has increased since 2016. The report, called "A World in Motion: Retail Digital Transformation Across the Globe, and the Technology Supporting It,” notes that global retail technology spending will reach nearly $203.6 billion [...]
It’s back-to-school season in many countries around the world. This is the time when teachers, students and parents prepare for a new year of learning -- and all the gear that goes with it. In the U.S., brands and retailers are coming out of the slower summer season and in the past have anticipated a boost in sales that is second [...]
Cross border e-commerce merchants in the luxury category can win new customers and grow their revenue streams in China, but before diving into this complex market, there are some interesting new trends they should know about. The luxury retail category has been booming in China for many years, but that didn’t always translate to cross-border e-commerce success in this category. Not [...]
Consumers who are willing to go through the effort and expense of leaving their home country and traveling abroad to make a purchase may sound extreme, but this is a real phenomenon. “Daigou” is Chinese for “on behalf of” and describes a trend in which Chinese consumers travel to another country specifically to shop for hard-to-get or expensive items. This is [...]
At the end of May, smaller retailers and wholesale merchants that had long enjoyed a lucrative, consistent supplier relationship with Amazon experienced a moment of panic when reports circulated that the retail giant was halting all future wholesale orders from small vendors. As reported by Bloomberg, the move was an effort by Amazon to focus more on bigger suppliers to compete [...]
Cross-border e-commerce represents about a fifth of the online market and is growing at double the rate of domestic e-commerce. According to a recent report released by Flow, sixty-seven percent of online shoppers in the 11 top global markets have made a cross-border purchase, with Brazilians, Australians and Canadians leading the pack for shopping from retailers outside their home country. But [...]
The 2019 Internet Trends report was released to the public at the end of June, offering industry insights, trends and predictions that undoubtedly impact international e-commerce businesses. For those unfamiliar with this highly-anticipated report, Bond Capital founder and former Kleiner Perkins general partner Mary Meeker has been releasing her take on where the internet is heading for almost 25 years. Her [...]
Fresh from the news that our co-founders were named “Entrepreneurs of the Year” in our home state of New Jersey, Flow’s international e-commerce experts headed to The Lead Innovation Summit in Brooklyn, NY on July 9-10. The Lead Innovation Summit is an event where the fashion and retail innovation communities get together to talk about what comes next for the industry. [...]
There’s an old warning that “Speed kills,” but in the international e-commerce industry, moving slowly is far more dangerous. Flow’s Global Research Report found that 50% of international e-commerce shoppers say the top barrier to making a cross border purchase is that “delivery time is too slow.” This is an even greater concern for consumers than the cost of taxes and [...]
Established in 2012, Canadian brand tentree aims to become the most environmentally progressive brand on the planet. As part of their mission, the brand uses sustainable fabrics and materials to reduce the negative impact of the apparel industry on the environment, in addition to planting ten trees for every item sold. Their goal: plant one billion trees by 2030. This mission [...]
