There seems to have been no stopping Amazon online last year.Research firm One Click Retail estimated Amazon grabbed 44 percent of all U.S. e-commerce sales and 4 percent of total U.S. retail sales last year. That equals about $200 billion in sales for 2017. Investors seemed content with that and pushed shares of the e-tailer up 0.9 percent to an all-time high of $1,200.27 in midday trading.“2017 was a very big year for Amazon,” One Click analyst Spencer Millerberg said.Indeed. The year saw Amazon best itself, and by virtue every other retailer, through the various shopping holidays it has either engineered or promoted. First there was Prime Day, set in the retail doldrums of early July, with sales estimated by industry analysts to be around $1 billion. Then came Cyber Monday, which Amazon said was its biggest shopping day ever. And its “best-ever” holiday season followed, with sales surpassing the 2016 season, when holiday sales came in around $4.75 billion.An Amazon spokesman declined to comment.Overall sales throughout the year were led by categories like consumer electronics, a segment that includes things like laptops and headphones, and home and kitchen goods, which pulled in an estimated $8.5 billion and $5.5 billion in sales, respectively. But those aren’t Amazon’s growth drivers.That distinction goes to categories such as luxury beauty, which Amazon defines as professional-level hair, makeup and skin-care products, and its growing stable of private-label brands covering everything from paper towels to athletic apparel.Amazon’s luxury beauty sales grew 47 percent year-over-year, totaling around $400 million, according to One Click. For comparison’s sake, Ulta Beauty tallied $4.85 billion in sales and the Estée Lauder Cos. Inc. hit $11.82 billion in sales during their most-recent full fiscal years. Amazon’s beauty sales might be small in comparison, but the company's offering is nowhere near as extensive and many prestige beauty brands are not keen to do business with a mass e-tailer. Such a clear growth opportunity is likely why Amazon is said to have locked up a deal with Violet Grey, the online luxury beauty retailer and content platform. One Click doesn’t have specific sales data on some of Amazon’s newer private labels such as athletic brands Peak velocity, Rebel Canyon and Goodsport, but the research firm said it is clear Amazon is “intent to compete with brands such as Nike and Lululemon.”But Amazon’s total apparel category, including intimates, jeans and outerwear, grew 32 percent by the third quarter, and One Click said the fourth quarter is expected to surpass that growth “significantly.” In 2016, One Click estimated Amazon to have sold $3.4 billion in U.S. apparel and by October, sales of its women’s apparel brand Lark & Ro had hit $10 million for the year, while basic apparel under its Amazon Essentials brand reached $3 million. Globally, sales through Amazon's platform are thought to be much higher. Simeon Siegel of research firm Instinet said last month that Amazon’s total 2016 apparel sales likely equaled 10 to 20 percent of its revenue, or between $18 billion and $36 billion. Moreover, as Amazon counts successful partnerships with brands like Calvin Klein and Levi’s, Siegel estimated that Amazon’s global apparel sales could top $85 billion by 2020, leaving other retail giants like Wal-Mart Stores Inc. and Macy’s Inc., with $25 billion and $22 billion in 2016 apparel sales, respectively, running to catch up. For More, See:Amazon Sales of Echo Devices Lead Best-Ever Holiday SeasonHow Amazon’s Deep Pockets Play Into FashionAmazon Sales Up 34%, AWS Breaks $4B Revenue
Luxury handbag resale company @rebagofficial is planning to sell a rare collectible for $70,000: the @hermes White Crocodile Himalayan Birkin. The exclusive Birkin sold for about $100,000 in 2008, when @davidbeckham bought one for his wife @victoriabeckham to add to her collection. Read more about the rare Birkin on WWD.com #wwdaccessories
With her costume pearl necklace and what-you-see-is-what-you-get style, Barbara Bush, who died Tuesday at age 92, was a straight-shooter from start to finish.
Born Barbara Pierce in New York City, Bush served as the 37th first lady, as well as the country’s second lady from 1981 to 1989. In addition to being part of the longest presidential marriage — 73 years — Bush also had the unlikely distinction of having one son, George W., become the 43rd president and another son, Jeb, run unsuccessfully in 2016. Having served as second lady during the Reagan administration’s two terms and lived all over the world during her own husband’s ascending political career, Barbara Bush made it clear that literacy — not fashion — was her priority. Read more from Rosemary Feitelberg’s obituary on the late First Lady in WWD.com, link in bio. #barbarabush #wwdnews
Western and ’90s trends have influenced denim for fall 2018. Think raw, dark and coated jeans mixed with bold prints and tough leather. #trendtuesdays #wwdfashion (Styled by @thealexbadia;📷: @ryanplett)
@denimdaysfestival, which initially launched in Amsterdam in 2014 and has since expanded to New York, is heading to Nashville for the very first time. The two-day festival, which will take place in November, will feature brand activations, hands-on workshops by artisans and denim mills, a vintage market, live entertainment, and local food and drinks. Get all the details on WWD.com. #wwdnews #wwdfashion
Later this month, the popular “Diana: Her Fashion Story” exhibit will be reopening. @historicroyalpalaces, the charity that manages @kensingtonroyal, has been working towards adding new, never-before-seen garments to the exhibit, including this dress created by Gianni Versace for a fund-raising dinner at the Museum of Natural History in Chicago. The exhibit will reopen on April 26 at Kensington Palace @wwdfashion
“Our family has always been engaged and interested in the world around us. [My brothers and I] were always encouraged to have our own opinion at a young age, which is not always something a child is asked — especially to have an opinion with reasoning behind it,” said @yarashahidi on becoming an activist. We caught up with the 18 year old last week, where she talked about her road to acting, how “Black-ish” led her to start conversations about identity and more. Head to WWD.com to read what she had to say #wwdeye (📷: @chelsealaurenla)