Online Fashion Sales: The Bottom Line

Fashion is a fickle business – but one trend that’s set to remain in style for the foreseeable future is shoppers’ penchant for buying apparel online. In 2018, clothing and footwear were the most commonly purchased online goods, while eCommerce transactions are expected to make up 36% of total fashion retail by 2022. Of course, […]

Online Shopping & CNP Fraud: The Gender Agenda

Last year, to mark International Women’s Day, we researched the role of gender in CNP fraud patterns, and found that males committed fraud at a significantly higher rate than females. This year we decided to revisit the topic, analyzing hundreds of thousands of eCommerce transactions from global digital retailers to reveal some interesting findings about […]

The Unique Fraud Challenges of Luxury Fashion: An Infographic

Luxury fashion items are coveted by many, including fraudsters. Retailers selling luxury fashion items online must juggle between two goals that don’t always coincide: the desire to provide a smooth shopping experience and the need to keep a watchful eye on purchases to avoid fraud. The decision to approve or decline an online purchase due to suspected fraud is often difficult, and […]

The Truth About Luxury Fashion eCommerce Fraud

As consumers increasingly go online to make their purchases, luxury fashion retailers are poised to realize huge gains in eCommerce revenue. It’s estimated that the market for online luxury goods will be worth more than 20 billion euros by 2018. Moreover, the move towards digital purchases will only accelerate this trend. Last year, US consumers […]

Fighting Fraud in Fashion: An Infographic for Merchants

We recently released a special report about CNP fraud in the fashion vertical, sharing data-based insights about fraud patterns in the world of online fashion sales as well as actionable tips based on our experience in managing fraud for both retail and high-end fashion merchants. Riskified’s wonderful designers created the following infographic with some of […]

An Intro to Fraud in Online Fashion Sales

The worldwide explosion of eCommerce presents huge domestic and cross-border opportunities for merchants in the fashion vertical. It’s estimated that global eCommerce sales of clothing and accessories hit an all time high of $85 billion in 2015. As increasing numbers of shoppers in emerging markets like China come online, both consumer fashion and luxury fashion retailers […]

Fraud in Fashion: Distinguishing Friend from Foe

( This article first appeared as a guest post on the I Love Fashion Retail blog ) Fashion retailers, especially those selling luxury and high-end goods, are often targeted by fraudsters. While the rollout of pin-and-chip credit cards is expected to reduce fraud rates in brick-and-mortar stores across the US, this technology is not effective in […]