CONNECT WITH US
eCommerce

eCommerce

Americans Like European Fashion Brands, but Will Abandon Baskets Due to Taxes, Sizing, Returns

WWD logo

Published on

Add as a preferred source on Google
Americans Like European Fashion Brands, but Will Abandon Baskets Due to Taxes, Sizing, Returns

According to new research into U.S. customers’ appetite for European fashion brands “the challenge is not demand, it is converting that demand into revenue.”

LONDON — The love affair between U.S. consumers and European fashion brands may be heating up, but like most other relationships, it’s loaded with risk, misunderstanding and unmet expectations.

According to a new white paper called “Dressed for America: The U.S. Opportunity for U.K. and European Fashion Brands,” U.S. customers are particularly hungry for European handbags and footwear, but they often abandon their online shopping baskets due to unexpected charges and confusion over sizing or returns.

The paper, published this week by SoldThrough, a Texas-based provider of third-party logistics, said more than half of American adults, or 157.7 million people, buy from European fashion brands, representing an estimated $34.5 billion in annual spend.

Some 81 percent of consumers say those European brands stand out compared to domestic labels for “better materials, sharper craftsmanship, and stronger value for money.”

Despite shoppers’ enthusiasm, European brands are still finding it difficult to grow in the U.S. due to barriers such as high shipping costs, sizing confusion, complicated returns, long delivery times, and unexpected duty and customs charges.

The paper said 78 percent of U.S. consumers face at least one “avoidable barrier” when purchasing European fashion.

“The research reinforced what we already knew, that the American consumer craves European product, and that they’re willing to spend on it. There is not a demand problem, there is an access and logistics problem, with de minimis having a massive impact,” Dan Cate, founder and chief executive officer at SoldThrough, said in an interview.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.