Salient to Investors:
Fashion is the fastest-growing segment of online commerce.
Men are flocking to websites, which are capturing a growing part of the $41 billion fashion e-commerce market.
NPD Group says the women’s online clothing market is more than double men’s, but the men’s market is growing at a 13 percent annual rate versus 10 percent for women.
Jeremy Liew at Lightspeed Venture Partners said men make big purchases in one swoop while women often browse recreationally and may not buy.
US Census Bureau says men are staying single longer.
Brian O’Malley at Battery Ventures prefers the more stable revenue stream from ad-supported social networking companies over companies reliant on venture capital that don’t make much from advertising until they have a ton of users.
Read the full article at http://www.bloomberg.com/news/2012-10-16/male-shoppers-outdo-women-as-web-offers-haven-from-mall.html