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  1. Latest News - Business of Fashion › news

    Jun 16, 2021 · Find all the latest fashion news in a daily live-feed, including curated Daily Digest picks, breaking news, business analysis and designer interviews.

  2. Clothing industry - BBC News › news › topics

    All the latest news about Clothing industry from the BBC. ... Clothing industry. Posted at 23:08 12 Jun 23:08 12 Jun. The risqué business of selling underwear in Pakistan. By Saher Baloch.

  3. Changing Tastes Require Solid Data. Changing consumer tastes are reshaping today’s marketplace. Stay updated with best-in-class data and industry expertise across more than 20 industries spanning retail, food, tech, and more.

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    • E-Commerce Fashion Industry Statistics
    • Consumer Spending Statistics
    • Fashion Industry Trends & Forecasting
    • Marketing in Fashion Statistics
    • Sustainability Fashion Industry Statistics

    As mobile-friendly and smartphone technology has advanced the online shopping experience, e-commerce fashion industry statistics reveal that retailers are optimizing sites for the mobile user. 96% of Americans now own a cellphone, increasing time spent online and raising expectations for a faster and immediate shopping experience. Explore the e-commerce fashion industry statistics that are shaping changes in automation and buyer behaviors below. 1. E-Commerce transactions are expected to make up 36% of total fashion retail by 2022 (Forrester). 2. In 2019, online fashion sales accounted for 28.24% of total retail e-commerce sales in the United States (Statista). 3. Dedicated fan apps can increase yearly revenue by 5%, with ‘chosen’ customers not only “serving as brand ambassadors”, but also spending up to twice as much (Riskified). 4. In 2019, U.S. online retail sales of physical goods amounted to 365.2 billion US dollars and are projected to reach close to 600 billion US dollars in...

    Clothing trendsand considerations like shopping local, convenience and brand loyalty are paving the way for the retail industry. From moving stores outside of busy cities to prioritizing localization, fostering an in-store experience is on the rise. Keep reading for other consumer spending statistics that are changing the way executives think about online and in-store sales. 1. In the U.S Retail sales of clothing stores in December 2019 reached 23.6bn USD (Statista). 2. The U.S. apparel market size is projected to $390bn U.S. for 2025 (Statista). 3. 85% of shoppers engage with both online and offline touchpoints, compared with 80% in 2017 (The Business of Fashion and McKinsey & Company). 4. 85% of consumers cited convenience as the main reason to shop locally (Facebook). 5. In the fashion category, more than 70 percent of purchases are still made offline (Forrester). 6. Local shops also make returns much easier for consumers and from a retailer’s perspective, the return rate for app...

    What factors are shaping the future of fashion? Whether pivotal strategies be dictated by digital innovation, buyer expectations or retail locationing, we’ve pulled the top fashion industry trends and forecasting statistics to shed light on what’s next for fashion. 1. GSMA Intelligence forecasts that in the Asia Pacific the rate for unique mobile penetration will grow from 67% in 2017 to 73% by 2025 and that the region will account for just over half of new mobile subscribers globally by the same year (The Business of Fashion and McKinsey & Company). 2. In Europe and the US, more than 65 percent of consumers expect to decrease their spending on apparel, while only 40 percent expect to decrease total household spending (The Business of Fashion and McKinsey & Company). 3. Moreover, four in five customers shopping in stores today browse the internet on their phones as they go (The Business of Fashion and McKinsey & Company). 4. China was the largest online fashion market in 2018 (volum...

    Marketing can make or break the success of a brand’s campaign or product launch. Check out the top marketing in fashion statistics to see what strategies are propelling brands in 2021 and beyond. 1. The Apparel industry’s 18.62% average follower growth is especially impressive considering the large median audience for brands in this sector (TrackMaven). 2. Stories are now growing 15x faster than feed-based sharing (Block Party). 3. 4 out of 5 major brands are already using the Stories format (Block Party). 4. Marketers are increasing social ad budgets (up 32 percent in 2018 alone) and producing more ads than ever before (CMO Survey). 5. One of every four Facebook Pages now uses paid media (Hootsuite). 6. Facebook already accounts for 23% of total U.S. digital ad spending (eMarketer). 7. 17%have either implemented shoppable galleries or plan to do so in the next 12 months (Hootsuite) 8. 70% of China's Gen Zers now buy directly from social media (WARC). 9. 69% of U.S. respondents say...

    As a third of Generation Zin the US are saying they will pay for sustainability compared to around one in 10 baby boomers, executives are taking note that there is an increasing demand for sustainably sourced productsfrom their younger generation of consumers. Read how countries and brands alike are shifting budgets and efforts to support this wave for environmentally conscious fashion in our sustainability fashion industry statistics. 1. The EU is set to offer $23.5 million of funding to support sustainable bio-based textiles and circular business models (European Commission). 2. 45% of apparel companies are looking to integrate more innovative bio-based materials (McKinsey & Company). 3. Sustainable swimwear is a fast-growing category: searches are up 65% year-on-year, with demand for environmentally-friendly bikinis and swimsuits mostly coming from Australia, followed by the UK and the US (Lyst). 4. 67% of sourcing executives state that the use of innovative sustainable materials...

  5. Apparel Industry News | World Garment News - Fibre2Fashion › news › apparel-news

    Jun 16, 2021 · Find all the updates from apparel industry, exhibitions, and announcements from all around the globe in our news section and stay updated at Fibre2Fashion

  6. What Is Fashion: A Review of the Fashion Industry Today - The ... › business-ethics-2 › what-is

    Apr 30, 2021 · Today, fashion houses are beginning to embrace new technologies such as body scanning for custom-fit clients or knitting technologies that can produce clothing with just a simple push.

  7. How Technology is Changing the Fashion Industry › topics › articles

    Mar 10, 2020 · Technology and fashion are commonly perceived as two completely different fields. However, the impact of technology in the fashion world is undeniable. In recent years, we have seen the fashion industry being taken over by several technological innovations. Like all other industries, technology has changed the way today''s fashion businesses operate.

  8. fashion industry - latest news, breaking stories and comment ... › topic › fashion-industry

    The latest breaking news, comment and features from The Independent. ... Fashion industry calls for urgent support from government post-Brexit. Fashion. The Year of Telfar. Fashion.

  9. fashion industry: Online fashion industry clocks 51% growth ... › news › apparel

    Jun 11, 2021 · New Delhi: Online fashion industry witnessed an order volume growth of 51 per cent and gross merchant value (GMV) increase of 45 per cent in FY21 as compared to the previous financial year, a ...

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