INDUSTRY PULSE, CHALLENGES AND FRAUD RISKS
Fashion retail
Online fashion merchants make and sell clothes, accessories and apparel for customers around the world.
INDUSTRY SIZE & GROWTH
GLOBAL APPAREL MARKET PREDICTED GROWTH:
ECOMMERCE SHARE OF ALL FASHION SALES FORECAST TO GROW:
Fashion industry
trends & challenges
FAST FASHION GLOBAL CRISIS
10%
of all greenhouse gas emissions come from the fashion industry
63%
of customers consider sustainability before buying
REFUND ABUSE
REFUND ABUSE IS A SUSTAINABILITY DISASTER
PROMOTION ABUSE RESELLING SCHEMES
TOP PERCEIVED FASHION FRAUD RISKS
WE ASKED FASHION MERCHANTS: WHAT ARE YOUR TOP 3 FRAUD RISKS?%
HERE’S WHAT THEY SAID…
ACCOUNT TAKEOVER IS YOUR TOP THREAT
FASHION MERCHANTS SEE:
2.8
high-level attacks per month
AND
36%
do not monitor logins
FRAUD GROWTH
FASHION FRAUD TEAMS
HOW DOES YOUR FASHION FRAUD TEAM SIZE UP?
Is your fraud team growing?
75%
Fashion fraud teams are growing
27%
Increasing significantly in size
Is your fraud budget increasing?
77%
Fashion merchants are increasing their fraud budget
21%
Seeing a significant increase
Equip your team with the tools they need to tackle fraud in 2022
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