News

The online apparel market will continue to grow between 2023 and 2028 but it will be at a slower rate, according to GlobalData forecasts. The online fashion market has surged in popularity in recent years, mostly thanks to its convenience and ability to compare prices. More recently, the introduction of tech features like AI and AR that allow consumers to …

Sportswear will continue to grow through 2028 with footwear remaining a favourite but will shoppers choose fashion brands over sportswear specialists? In the years between 2023-2028, sportswear will continue to dominate the apparel market, though growth will be more muted and High Street brands more frequently shopped for sportswear. What categories present the biggest opportunities in sportswear to 2028? According …

Hosiery, full-length stockings, and socks are essential items in the US apparel market, combining both functional and aesthetic qualities. With demand driven by seasonal fashion trends and year-round utility, these products have established a steady presence in the US market. Leading exporters include China, El Salvador, Vietnam, Pakistan, and India, each of which plays a significant role in fulfilling US …

Sportswear will continue to grow through to 2028 but its growth will be more muted, according to the latest research from GlobalData. Sportswear experienced its boom moment around the time of the pandemic where more people were at home and looking for comfortable clothing but also took more of an interest in their health and wellbeing. Over the next few …

The US market for women’s synthetic trousers is characterised by intense competition, with Asian countries playing a dominant role in exports. This analysis delves into the market performance of leading exporters, assessing key indicators such as export values, revealed comparative advantage (RCA), unit value realisation (UVR), and the effect of tariff rates. By analysing export values, RCA, UVR, and tariff …

The global sporting goods industry faced a difficult environment last year, with softer growth prospects, persistent inflation and cautious consumer spending testing companies’ resilience, according to McKinsey & Company.   Despite these hurdles, the industry managed to sustain a growth rate of 7 per cent a year from 2021 to 2024. The growth outlook for 2024 to 2029 is projected …

A new report from UKFT, which is centered on ethical compliance in UK supply chains, says the relationship dynamic between buyers and sellers must change for the true potential of “Made in the UK” to be realised. The Responsible UK Fashion and Supply Chain report notes the UK garment manufacturing sector has hit global headlines in the past for all …

New research suggests UK consumers have a significant preference for shopping fashion retail brands in physical stores as opposed to online. The study conducted by Voyado, the Swedish retail technology platform, which surveyed 2,000 UK consumers, underscores the enduring attraction of physical stores, despite the rapid growth of ecommerce. The survey found that while UK department store John Lewis and …

Vietnamese companies have not made headway with several orders due to Covid-19 related complications. The stay-at-home mandate under the prime minister’s directive 16 has significantly affected firms’ operations. They expect a probable shift of orders to other countries. Textile-garment makers in the southern localities have had to suspend their operations due to the resurgence of the coronavirus, thus making it …

The UK’s Department for International Trade has launched a consultation to grow “free and fair” trade with lower income nations. The proposed Developing Countries Trading Scheme (DCTS) to drive free and fair trade would apply to 70 qualifying countries currently and include improvements such as lower tariffs and simpler rules of origin requirements for countries exporting to the UK. The …