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Harley Finkelstein

πŸ‘€ Speaker
1851 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

I mean, look, if you look at top-selling countries across the world where Shopify sells, we have millions of stores.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

In places like the U.S., we power 12% of all e-commerce.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

So we have a really great view of things.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

U.S., U.K., Australia, Germany, and Canada are the top five.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

Look at top three selling cities.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

You see L.A., New York, and London.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

In U.S.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

alone, L.A., New York, and San Francisco are the top three.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

The other thing that we also saw is cross-border, but 17% of orders were cross-border orders, so shipped to a different country as well.

156.58 View full episode β†’
Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

And then in terms of top-trending merchants that we saw, we saw Hatch, which is sort of this, they have something called the Restore 3, which is this phone-free alarm for kind of morning routines.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

Crunch Labs has this sort of kids' build-it-yourself monthly toy subscription.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

brook linen in on their super plush robe and then base has their weekender travel bag as well so we're seeing across a bunch of different verticals do really well but a big thing actually that we're seeing now is last year seemed to be a lot a lot of talk about getting outside gifts were about the products being sold were about you know things like skiing or hiking or camping this year seems to be that home is really you know the winner here where people are buying things for their

178.67 View full episode β†’
Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

home, whether it's kitchen stuff for the kitchen or puzzles or blankets.

202.97 View full episode β†’
Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

But generally, consumers are buying from brands they love.

207.64 View full episode β†’
Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

And we're fortunate those brands are on Shopify.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

Yeah, I mean, what I think it means is that consumers generally are somewhat geographically agnostic.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

They want to buy from their favorite brands.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

You know, we heard from Gymshark.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

They had their biggest Black Friday sale ever online.

Bloomberg Talks
Shopify President Harley Finkelstein Talks Consumer Spending

AG1, Athletic Greens, was up 50%.

234.51 View full episode β†’