Summary: The fashion trends from the early 2000s are still the go-to styles for fashion labels. One of the main reasons behind the immense popularity of 2000s trends even today is eCommerce, which introduced us to fast fashion and brought the latest trends from the designer’s studio and ramps to the doorsteps of the masses.
The internet was opened for commercial enterprise transactions in 1995. Since then, the online retail trade has seen a remarkable jump. As of last year, global eCommerce retailing was valued at USD 13 trillion and is projected to quadruple in sales, crossing USD 50 trillion by 2027. In the 2000s, eCommerce brought several fashionistas, page 3 celebs and retail brands into the mainstream. Amazon, eBay and Alibaba set up shops during this time.
These platforms, along with other online multi-brand retailers, popularised celebrity fashion and fueled the growth of fast fashion. Whether it was the pocketless jeans popularised by Britney Spears' boot-cut pants or Justin Timberlake's trucker hats, these styles saw their clones proliferate and sell like hotcakes on the internet. The availability of online payment options such as credit cards and PayPal pulled customers toward remote shopping.
The 2000s were not all hunky dory for online retailers. And eCommerce did not exactly start with a bang. It was more of a whimper. The dot-com bubble started to show signs of distress around the turn of the century. By the year 2000, IPOs were being floated on ideas, with investors rushing to make money in the eCommerce business. Several of these companies had no substantial infrastructure or a sales model. Even the early birds with a sales trail, such as Boo.com, failed. By 2002, the bubble had completely burst, leaving a trail of a bloodbath on the stock market.
There was a silver lining at the end of the bubble when companies like Amazon and eBay consolidated their businesses that were left bruised and scattered. Companies such as Wayfair and Alibaba pushed the pedal, resulting in increased online sales of clothing and fashion brands. eCommerce also played a major role in bringing designer clothes to the masses and spinning global trends out of them. This also fueled the growth of fast fashion in the 2000s.
How is it that 2000s fashion is considered the fallback trend for several fashion brands and design houses? A part of the credit goes to eCommerce, which had just stepped inside the retail scenario and changed the game for fast fashion and designer labels. The exposure, coupled with mass acceptance of the designs, gave 2000s fashion a cult status in the textile and apparel industry. Here is how eCommerce powered the early 2000s outfits.
The first eCommerce transaction was an experimental sale conducted between two universities in 1971. After the opening of the internet for enterprise commerce in 1995, retailers like Amazon and eBay stepped in. Fashion companies and multi-brand stores followed in the 2000s and started selling their merchandise online.
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