Cross-border news and archive

Cross-border luxury sales continue to increase despite economic turbulence

Cross-border online sales of luxury goods continue to increase, despite diminishing consumer confidence, with sales up 17 percent in the first six months of 2022, according to research from global and domestic direct-to-consumer (DTC) e-commerce company ESW. Despite the cost-of-living crisis, continued economic turbulence and geo-political...

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D2C cross-border e-commerce growth led by Millennial spend

A rise in international direct-to-consumer (D2C) purchases in the last six months have been led by Millennials, as the Covid-19 pandemic prompts more than half of 25-34-year-olds to buy direct from international online brands. New data from cross-border e-commerce company eShopWorld (ESW) reveals that reduced access to physical stores has...