• Deloitte forecasts two potential holiday seasons

    9 days ago - By Fashion United

    Deloitte has released its annual holiday retail forecast report. It is expected that holiday sales are likely to increase by 1 and 5 percent, and Deloitte's overall sales will be between 1,147 and 1,152 billion dollars during the period of November-January. E-commerce sales are projected to grow from 25-35 percent year-on-year during the holiday season of 2020-2021, compared to 2019 when sales only rose by 14.7 percent. Overall, holiday sales are expected to generate between 182 and 196 billion dollars this season. “The lower projected holiday growth this season is not surprising given the...
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