Daily Newsletter

12 December 2023

Daily Newsletter

12 December 2023

Sourcing country ‘stability’ key for US apparel buyers in October

US apparel shipments from all sources sank in October as consumer demand continued to wane with Bangladesh bearing the brunt after wage protests in the country and a sluggish economy.

Hannah Abdulla December 12 2023

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Global menswear market dynamics

Global menswear market is expected to grow at a CAGR of more than 4% by 2027, as consumer confidence takes time to rebuild following inflationary pressures. The popularity of the resale market will also somewhat hinder menswear retail growth, as more shoppers will divert spend away from traditional retailers and brands to secondhand channels, in a bid to save money and protect the planet.

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