Thursday, April 19, 2018

Amazon’s 100 million Prime members will Make It the No. 1 apparel retailer in the United States

Clothing retailers, beware. Amazon is predicted to create a major leap in the apparel marketplace this season.

According to Morgan Stanley, the e-commerce giant will soon be the very best player of this U.S. apparel sector in 2018, having gained 1.5 percent of market share this past year. The gains will mostly be driven by millennials shifting dollars from bricks and mortar, ” the company said in a new report.

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