15 July 2024
15 July 2024
Young consumers are increasingly using social media shopping platforms, such as TikTok Shop to buy their fashion goods, but what does this mean for the traditional fashion retail landscape and what are the pros and cons of tapping into this new retail channel?
As the world enjoys major sporting events around the world, Just Style explores how fashion brands have been leveraging sports collaborations to expand their customer base and drive revenues.
Web analytics and traffic company Similarweb's annual State of E-commerce Report reveals a 1.3% year-over-year increase in global fashion e-commerce due to emerging markets like Argentina enjoying 20% growth.
Spanish fashion group Mango says it has recorded its strongest first half financial results in the company’s history with a 6.3% increase in revenue to €1.54bn ($1.68bn) with an industry expert noting its elevated designs continue to resonate with shoppers.
UK fashion retailer Superdry will delist from the London Stock exchange today (15 July) as part of a restructuring plan.
UK fashion house Burberry Group has appointed former Michael Kors chief Joshua Schulman as its CEO to succeed Jonathan Akeroyd who is stepping down from the role with immediate effect.
The International Finance Corporation (IFC) has announced a $15m financing package for Sri Lankan apparel manufacturer Star Garments to support its expansion into Africa.
Brand management firm WSG Brands has acquired Von Dutch saying it plans to "honour its seminal history" while propelling it into a new era.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
GlobalData's latest report offers comprehensive insight and analysis of the clothing and footwear market, the major players, the key trends, and consumer attitudes. Per our analysis, fashion’s continued casualization will drive sportswear outperformance. Demand remained strong post-pandemic in 2022, as consumers continued to favor comfort and resonate with the athleisure aesthetic. However, in 2023, sportswear became the latest market to be hit by ongoing inflationary pressures in Europe and the US.
GlobalData's latest report offers comprehensive insight and analysis of the clothing and footwear market, the major players, the key trends, and consumer attitudes. Per our analysis, fashion’s continued casualization will drive sportswear outperformance. Demand remained strong post-pandemic in 2022, as consumers continued to favor comfort and resonate with the athleisure aesthetic. However, in 2023, sportswear became the latest market to be hit by ongoing inflationary pressures in Europe and the US.
GlobalData's latest report offers comprehensive insight and analysis of the clothing and footwear market, the major players, the key trends, and consumer attitudes. Per our analysis, fashion’s continued casualization will drive sportswear outperformance. Demand remained strong post-pandemic in 2022, as consumers continued to favor comfort and resonate with the athleisure aesthetic. However, in 2023, sportswear became the latest market to be hit by ongoing inflationary pressures in Europe and the US.
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