Daily Newsletter

03 October 2023

Daily Newsletter

03 October 2023

Fashion sourcing majors fail to grow domestic sustainable apparel markets

Global fashion brands had hoped to grow a customer base in leading fashion sourcing countries such as China, India and Brazil, but 2023's choppy economy has impeded domestic sales.

Wang Fangqing, Raghavendra Verma and Andreia Nogueira October 03 2023

Uniqlo is bucking the trend with reports that it plans to add 100 stores per year in smaller China cities. Credit: Shutterstock.

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Womenswear and accessories segment set to witness rapid growth within the outdoor sportswear market

Menswear is the largest category within the outdoor sportswear market due to the practice of outdoor sports being traditionally more popular with men, and the streetwear trend originating in menswear. Womenswear has more scope to grow, with an expected CAGR of >7% between 2022 and 2027 (per GlobalData), as more female consumers take up outdoor sporting activities and more brands launch female focused ranges, including fashion players like H&M and Zara.

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