Daily Newsletter

07 October 2024

Daily Newsletter

07 October 2024

Week in review: World Cotton Day alone can’t shift needle from synthetics

Today marks World Cotton Day and this year's theme is cotton for good but putting the spotlight on this natural fibre for one day of the year is just not enough to move the global apparel sector and fashion consumers away from petroleum-derived synthetics.

Laura Husband October 07 2024

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Winners and Losers in the Apparel Market

GlobalData's latest report offers an analysis of the performance of the key global apparel players, with 2024 market share estimates. Per our analysis, Shein is expected to have the biggest share growth in 2024 rising to 0.30ppts. This is attributed to its low prices and wide product offering which continue to appeal to consumers globally. Other winners include Uniqlo, Skechers, and Zara, while Nike, Gucci, and H&M are expected to lose their share.

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