Digital pure plays and mobile shopping shined on Cyber Monday, but overall the day lost some steam versus a year ago as merchants focused on the five-day period from Thanksgiving through Monday.
Adobe Digital reported Tuesday that online shopping for Cyber Monday set a new record — hitting $2.29 billion, a 16 percent year-over-year increase from 2012, with 18.3 percent of sales, or $419 million, coming from mobile. Pure-play e-tailers came out on top, taking a 42 percent share of all online sales for the day. Retailers overall raked in an estimated 10 percent of their holiday sales during the five-day stretch, with total e-commerce sales of $7.4 billion — up 26 percent year over year.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"