Due to COVID-19, Singapore and Hong Kong are seeing the majority of people work from home. In response, many of the consumers in these countries are changing their behavior and are purchasing more products online. Looking at the Fashion and Accessories sub-sector in the last 2 weeks, we can clearly see the spike in revenue, even though people are going out and socializing less.
What does this mean? It seems that people want to stay stylish while appearing on Zoom calls with colleagues or clients.
What fashion items and/or accessories have you purchased in last 2 weeks?