Daily Newsletter

12 August 2024

Daily Newsletter

12 August 2024

Türkiye apparel industry remains resilient despite global challenges

During the opening ceremony of the sixth Istanbul Fashion Connection (IFCO) in Istanbul, Türkiye industry leaders and ministers reaffirmed their commitment to boosting garment exports despite ongoing global challenges.

Shemona Safaya August 12 2024

IHKIB’s Paşahan is confident that purchasing and trade will continue as the industry continues to thrive with IHKIB and the Turkish government’s ongoing support. Credit: Just Style.

Stay informed for just £1! *

Subscribe to Just Style for expert insights and unbiased coverage of the apparel industry’s hottest topics, empowering you to stay ahead with informed strategies.


What’s included in your subscription:
  • Unlimited access to Just Style content including in-depth analysis, exclusive blogs, industry executive
    interviews and management briefings
  • Unbeatable market coverage from apparel sourcing and supply chain issues, to emerging markets and
    manufacturing
  • Unrivalled apparel industry comment from leading sector specialists

Ready to stay informed? Subscribe now and gain access to exclusive content.

Subscribe

Have a subscription? Sign in

For further details on subscribing, click here. Need multi-user access? Explore our corporate subscriptions now.

*After your 1-month trial, your subscription will continue at £299 per year.

Apparel Rental Market Overview

Per GlobalData, the apparel rental market was valued at $6.2 billion in 2023 and is expected to achieve a CAGR of >11% during 2023-2027. Affordability represents the biggest incentive for renting apparel according to the UK consumers, as it is more cost-effective than buying items brand new. An increasing number of retailers and brands have begun launching their own rental propositions in recent years, and though these initiatives are unlikely to drive significant revenue, they allow brands to improve their sustainability credentials and relevance.

Buy report

Apparel Rental Market Overview

Per GlobalData, the apparel rental market was valued at $6.2 billion in 2023 and is expected to achieve a CAGR of >11% during 2023-2027. Affordability represents the biggest incentive for renting apparel according to the UK consumers, as it is more cost-effective than buying items brand new. An increasing number of retailers and brands have begun launching their own rental propositions in recent years, and though these initiatives are unlikely to drive significant revenue, they allow brands to improve their sustainability credentials and relevance.

Buy report

Apparel Rental Market Overview

Per GlobalData, the apparel rental market was valued at $6.2 billion in 2023 and is expected to achieve a CAGR of >11% during 2023-2027. Affordability represents the biggest incentive for renting apparel according to the UK consumers, as it is more cost-effective than buying items brand new. An increasing number of retailers and brands have begun launching their own rental propositions in recent years, and though these initiatives are unlikely to drive significant revenue, they allow brands to improve their sustainability credentials and relevance.

Buy report

Apparel Rental Market Overview

Per GlobalData, the apparel rental market was valued at $6.2 billion in 2023 and is expected to achieve a CAGR of >11% during 2023-2027. Affordability represents the biggest incentive for renting apparel according to the UK consumers, as it is more cost-effective than buying items brand new. An increasing number of retailers and brands have begun launching their own rental propositions in recent years, and though these initiatives are unlikely to drive significant revenue, they allow brands to improve their sustainability credentials and relevance.

Buy report

Apparel Rental Market Overview

Per GlobalData, the apparel rental market was valued at $6.2 billion in 2023 and is expected to achieve a CAGR of >11% during 2023-2027. Affordability represents the biggest incentive for renting apparel according to the UK consumers, as it is more cost-effective than buying items brand new. An increasing number of retailers and brands have begun launching their own rental propositions in recent years, and though these initiatives are unlikely to drive significant revenue, they allow brands to improve their sustainability credentials and relevance.

Buy report

Newsletters by sectors

Sportcal open-new-tab

Retail Insight Network open-new-tab

Packaging Gateway open-new-tab

View more newsletters

Sign up to the newsletter

I consent to Verdict Media Limited collecting my details provided via this form in accordance with Privacy Policy

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close