GENEVA — The biggest emerging Asian countries — China, India and Indonesia — are projected to register faster growth in Internet retail sales this year than all other markets worldwide, a report by the research company eMarketer predicts.
In 2012, e-commerce sales globally grew 21.1 percent to top $1 trillion for the first time, and they are forecast to expand 18.3 percent this year to $1.298 trillion, the report said.
EMarketer estimates that the Asia-Pacific region will surpass North America in 2013 to become the world’s top market, with sales expected to increase more than 30 percent to $433 billion, while North America is expected to expand 12.2 percent to $409 billion. Sales in the U.S., the world’s biggest country market for e-commerce spending, are estimated to increase 12 percent to $384.8 billion.
The study suggests that China, spurred by big gains in digital buyers, up 51.1 million this year to 270.9 million, and in average sales per digital buyer — $670, up $169 — is likely to become the second biggest e-commerce market, with sales jumping 65 percent to $181.6 billion, ranking it ahead of the U.K., with $141.5 billion.
Moreover, eMarketer projects that in 2016 China’s digital buyers will total 423.4 million, and sales per online buyer will average $1,039. Similarly, the report notes, the number of digital buyers in India is to increase 5.4 million this year to 24.6 million and reach 41.8 million by 2016, and it expects sales to average $645 and $724, respectively.
In Indonesia, the world’s fourth most populous nation, eMarketer forecasts the number of online consumers to expand 1.5 million this year to 4.6 million, and to nearly double to 8.7 million by 2016, and sales accordingly to average $391 and $516.
Across the planet, digital buyers are foreseen to reach just over 1 billion this year from 903.6 million in 2012, and sales per digital buyer to average $1,318, compared with $1,243 last year.
Mari Pangestu, Indonesia’s minister for tourism and creative economy, told WWD on the sidelines of last month’s World Economic Forum that Internet retail sales are taking off in her country, especially in the capital.
“Jakarta is traffic jammed, right, so to order things, food, clothing, you buy online,” said Pangestu, a U.S.-trained economist, adding that the payment system in Indonesia and other developing countries is hampering faster growth in digital sales.
“In developing countries, a lot of the payment is not done by credit card,” she said. “It’s like you transfer money — I believe there are very few who are using credit cards. It’s part of the problem of not being able to scale-up.”
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
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Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast