For years, luxury brands around the world have been slow to adopt digital. But the pandemic has sped up the process, forcing many to pivot and innovate during a time when a large number of transactions are happening digitally.

eMarketer principal analyst at Insider Intelligence Andrew Lipsman discusses how holiday shopping in 2020 actually went: how much was bought online, whether "shipageddon" came true, and the retail winners and losers. He then explains the implications of Walmart's ecommerce boss leaving, Poshmark's and Affirm's IPOs, and why Peloton is buying Precor.

Luxury brands soon followed, spurred in large part by the sudden cut-off of tourism from China and other Asia-Pacific countries. Consumers in Asia are among the keenest buyers of France’s luxury brands.

Lauren is focused on how to get the most out of videos within enterprises and also the utilization of video within retail and luxury ecommerce.

Yieldstreet’s services give retail investors access to a wider range of assets, which is why the platform has seen strong growth in recent years. Yieldstreet makes investment options available to retail investors that were typically reserved for high-net-worth individuals and institutions. Investments in alternative assets are often expensive and therefore not readily available to retail investors.

According to Alibaba, the number of high-end brands selling on its luxury ecommerce platform, Tmall Luxury Pavilion, should exceed 220 by the end of this year, up from 150 before the pandemic. “For months, Chinese luxury shoppers postponed luxury purchases because they prefer to travel abroad to buy these items,” said Malinda Sanna, founder and CEO of market research company Spark Ideas.

Business Insider Intelligence research analyst Daniel Keyes, eMarketer principal analyst Andrew Lipsman and senior forecasting analyst at Insider Intelligence Cindy Liu try their hands at playing a special, Amazon-themed game of "What's the Point?" where they discuss how the US House antitrust report affects Amazon, luxury brands on the platform, palm-print payment, all the new details about Prime Day 2020, and more.

In a difficult year for retail sales overall, the US retail industry will remain the largest spender on digital advertising among all verticals, despite a huge deceleration in growth.

Business Insider Intelligence research analyst Daniel Keyes and eMarketer principal analyst at Insider Intelligence Andrew Lipsman discuss the future of grocery and why Instacart is leading the charge. They then talk about lululemon's magical Q2, what Amazon's latest wearable can do that others can't, and how Peloton's new equipment fits into its overall strategy.