Gen Z Online Shopping Behavior
The outlook for Singapore’s retail industry was bleak even earlier than the coronavirus crisis went into excessive gear. Singapore’s retail sales dropped by 5.three per cent year-on-year in January 2020, the 12th straight month of fall. COVID-19 has similarly revealed the potential – and the bounds – of Singapore’s online shopping sector. Vasquiat is a membership-based online platform the place members can pre-order subsequent season’s collections at a reduction. The site carries the good new international brands and trends—accessories and clothing included. The pre-order system also helps scale back the excessive manufacturing of goods.
