A new consumer survey by Deloitte sheds light on just how fast smartphones are impacting the retail scene.
By 2016, smartphones will influence $689 billion or 19 percent of total U.S. store sales, according to results of the survey. Direct mobile commerce sales will surpass $30 billion by then, according to industry estimates.
This year, 5.1 percent of total retail sales, or $159 billion in sales, will be influenced by mobile devices, which enable consumers to conduct product research, compare prices and purchase online. Direct mobile commerce sales are estimated at $12 billion for 2012.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)