Europe – the largest e-commerce region in the world Europe it the leader in global e-commerce after recording 19% growth to overtake North America in 2011. Online retail sales account for around 5.1% of the total value of the retail market in Europe, with 240 million e-shoppers spending an average of €1,000 each, according to … Read more
This year, Artprice’s annual art market report – based on 6.3 million auction results from 4,500 auction houses around the world focused particularly on China’s successful conquest of the global art market. In spite of the sword of Damocles hanging over the West, art in fact sold better in 2011 than at any other time … Read more
Across Europe, two in five people (40%) now shop online – and it is men not women that are driving the charge into internet purchases – according to a new study by CB Richard Ellis (CBRE). At a time when there is an unprecedented level of consumer access to the internet across Europe, CBRE’s study … Read more
Luxury e-commerce: Blogs and social media are setting trends more than fashion critics Fashion bloggers will help propel online sales The exclusive fashion world has embraced the Internet later than other industries but is catching up quickly. Brands such as Burberry, Tiffany and Gucci are increasing exposure to social media to connect with a new … Read more