Growth In Retail And Digital Commerce 

Etsy will purchase Brazilian handmade marketplace Elo7, which has been dubbed the “Etsy of Brazil,” in a move that grows the firm’s reach more securely in the Latin American market. In retail, Target and Hasbro are teaming up to roll out a Bullseye-branded board game later this summer. And in recurring payments, the subscription commerce business is expanding in the United States. All this, Today in Data.

Data:

$835M: Amount LVMH recently spent refurbishing a department store in Paris.

$217M: Price for which Etsy said it would acquire Elo7 in cash.

80%: Share of consumers who use at least one subscription service.

2.8: Number of subscription types the average millennial subscriber has at any given time.

1.9M: Approximate number of active buyers on Elo7.