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Wells Fargo analyst Ike Boruchow said the company's gross merchandise volume is expected to approach $18.5 billion this year, a 19 percent jump from last year. He said Amazon has tripled its sales in apparel and footwear over the past five years, and he expects Amazon's total share of the apparel and footwear online market to approach 30 percent this year.
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Hannah Abrams
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Hannah Abrams is the senior content editor for Promo Marketing. In her free time, she enjoys coming up with excuses to avoid exercise, visiting her hometown in Los Angeles and rallying for Leonardo DiCaprio to win his first second Academy Award.
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