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Nomura analyst Simeon Siegel also had some predictions to share, according to Investor's Business Daily.
"Given Amazon's continued push into apparel, and the adoption by new vendors and new customers, coupled with the launch of Amazon Wardrobe and new private-label apparel lines, we believe Amazon will continue to see double-digit growth and is among, if not already, the world's largest apparel retailers," Siegel said.
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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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