Online Retail Sales Enjoy Record 2020 While Fashion and Footwear Take Hard Hits
Online retail sales continued on their upward trajectory after its impressive November performance, maintaining a 37% year-on-year high. Differing Fortunes According to the latest data provided by IMRG Capgemini Online Retail Index, the numbers are a thirteen-year-high as it is the highest annual growth witnessed since 2007, making the past year “a standout year in e-commerce.” On the other hand, dwindling levels of social interaction throughout the past year saw falling numbers in sales of clothing and footwear. December clothing sales of +3.2% year-on-year failed to raise the yearly figure of just +1.3%, down from 8.2% in 2019. The hardest hit was footwear, which experienced a steep decline of -5% year-on-year in December and -10.8% overall in 2020. The margin between...
Economy








What's on
Online Retail Sales Enjoy Record 2020 While Fashion and Footwear Take Hard Hits
Online retail sales continued on their upward trajectory after its impressive November performance, maintaining a 37% year-on-year high. Differing Fortunes According to the latest data provided by IMRG Capgemini Online Retail Index, the numbers are a thirteen-year-high as it is the highest annual growth witnessed since 2007, making the past year “a standout year in e-commerce.” On the other hand, dwindling levels of social interaction throughout the past year saw falling numbers in sales of clothing and footwear. December clothing sales of +3.2% year-on-year failed to raise the yearly...
Health




The essential
Exploring the Impact of Event Planning Agencies on Morocco's Economy
The economic landscape of Morocco, a vibrant North African nation, has seen a transformative shift in recent years with the rise of the event planning industry. This dynamic sector, known for organizing everything from corporate events to grand weddings, plays a pivotal role in the nation's economy. With its unique blend of creativity, logistics, and meticulous planning, event planning agencies have not only generated substantial revenue but also created numerous jobs. This article delves into the profound impact these agencies have on Morocco's multi-faceted economy. It further explores...
International



Focus on
Comparative Analysis: The Popularity of Mini Fridges Across Different Countries
The convenience and practicality of mini fridges have made them a popular choice among consumers worldwide. However, the level of popularity varies greatly across different countries. This could be attributed to a myriad of factors including cultural norms, living conditions, and economic status. In this article, we will conduct a comparative analysis of the popularity of mini fridges across different countries, diving into the reasons behind these preferences. Furthermore, we will explore how these factors affect consumer behavior and market trends. This analysis promises to offer valuable...
Science/High-Tech








What's new
The 5 most beautiful towns in Switzerland
Switzerland is a European country with a rich heritage and history. The country has more than 170 cities all planted in beautiful scenery. Considering the large number of cities, it can be quite difficult for a tourist to know which city to choose to visit. Here is a top 5 of the most beautiful Swiss cities for this purpose. Lausanne The capital of the Canton of Vaud, the City of Lausanne is built on 2 rivers and 3 hills. With its very atypical charm, Lausanne is home to many tourist gems. The best known are the Notre-Dame de Lausanne cathedral and the medieval quarter. Are you planning to...
Other









What's new
The 5 most beautiful towns in Switzerland
Switzerland is a European country with a rich heritage and history. The country has more than 170 cities all planted in beautiful scenery. Considering the large number of cities, it can be quite difficult for a tourist to know which city to choose to visit. Here is a top 5 of the most beautiful Swiss cities for this purpose. Lausanne The capital of the Canton of Vaud, the City of Lausanne is built on 2 rivers and 3 hills. With its very atypical charm, Lausanne is home to many tourist gems. The best known are the Notre-Dame de Lausanne cathedral and the medieval quarter. Are you planning to...
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