In data: China’s online shopping boom, e-commerce market hits $2.2tn
According to GlobalData's 2023 Financial Services Consumer Survey, carried out in Q2 2023, the Chinese e-commerce market is anticipated to…
retail trends
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In data: Value, luxury, sportswear set to drive Turkish apparel market
According to GlobalData's ‘Apparel Country Snapshot: Türkiye’ report, the value and luxury segment are both set to outperform the Turkish apparel…
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In data: US apparel market growth in 2024 as inflation eases
GlobalData's latest report 'The Apparel Market in the US to 2028', forecasts continued growth through 2028, driven by improving consumer…
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NRF forecasts ‘steady’ holiday sales growth on strong consumer confidence
According to NRF President and CEO Matthew Shay, the US economy remains fundamentally healthy and continues to maintain its momentum…
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Secondhand shopping surges as Gen Z prioritises sustainability
Whatnot highlighted a "clear passion" for timeless fashion with 99% of respondents agreeing that fashion comes back around. It also…
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In data: Footwear to lead apparel market growth in Türkiye
According to GlobalData's 'Apparel Country Snapshot: Turkey' report, footwear is expected to see the "most significant" share growth in Turkey…
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In data: Synthetic fibres driving global fibre market growth
The 'Materials Market' report found that global fibre production has more than doubled and is expected to grow to 160…
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In data: All eyes on budget despite UK retail sales rise on Autumn fashion
BRC chief executive Helen Dickinson highlighted that UK retail sales experienced the strongest growth in six months, primarily driven by…
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In data: US consumer confidence in economy rises in 2024
The 'Optimove Insights Report on Consumer Shopping Intentions for Holiday 2024' suggests the growing confidence in the economy means 61%…
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In data: French online market headed for a resurgence in 2024
GlobalData's Apparel Market in France to 2028 report revealed that in 2023, France's online apparel market declined by 4.9%, reaching €10.4bn,…
