#Online Apparel Retail #Market was valued at US$ 735.76 Bn. in 2022. Global Online Apparel Retail Market #size is expected to #grow at a #CAGR of 18.07 % through the #forecast period. Request a complimentary sample copy or access the summary of the report: https://lnkd.in/eTUGvX9s Based on Type, The #Premium segment dominated the #Online Apparel Retail #market with a 49% market #share. Consumers nowadays feel comfortable #purchasing even premium things #online, because the #premium word itself gives an idea about the quality of the #product. In case they're not satisfied with the final #received product, they can always return the item.
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In 2023, revenue from apparel and accessories sold online generated 134.5 billion dollars in the U.S. alone, and it is estimated that by 2029 that number will increase to 219.3 billion dollars (Statista). Download the free report to get insights into the top 25 fastest-growing apparel brands right now with in-depth data and metrics into each brand. Get insights from Chew On This about what's next for the apparel category overall. 📊 https://hubs.li/Q02C7DVH0 #dtcbrands #apparelbrands #ecommercetrends
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How does your return window compare to industry standards? The average return window across top apparel brands is 30 days, with some offering extended periods for holiday purchases. Is it time to rethink your return policy? 🛒 Learn more in our detailed analysis: https://lnkd.in/e4m4CHeY #ecommerce #shopify #returns #customerloyalty #retail
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Mastering Seasonality in Apparel eCommerce can transform your business! 🌟 Learn the secrets to staying ahead of trends, managing inventory, and maximizing sales throughout the year. Dive into our latest blog and turn seasonal challenges into opportunities. 📈👗🛍️ #eCommerce #ApparelSeasonality #3PL #InventoryManagement #RetailTrends #FashionBusiness #SeasonalSales #BlackFriday #CyberMonday #eFulfillmentService
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Get to know The Next Big Trends in Apparel Industry in Every Part of the Globe (2024) Gone are the days, when apparel brands used to sell their products only using brick-and-mortar stores and franchises. These days, with plenty of options online, they can directly reach customers. Banking on the success of E-Commerce platforms such as Amazon and Walmart, apparel brands have transformed their digital presence into E-commerce platforms with proper security features. With online shopping enthusiasts looking for the best shopping experiences with a personalised touch, apparel brands have moved from traditional marketing channels such as retail stores and are interested in the Direct-to-Consumer marketing path. This shift can be considered one of the major changes in the apparel industry. https://lnkd.in/g3ryhhRT #brm #apparel #Amazon #walmart #apparelbrands #clothingbrands #traditionalmarketing #retailstores
The Next Big Trends in Apparel Industry
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#Online #Apparel #Retail #Market Size Forecast to Reach $2778.7 Billion by 2030 Online Apparel Retail Market was valued at USD 868.71 Bn. in 2023. Global Online Apparel Retail Market size is expected to grow at a CAGR of 18.07 % through the forecast period. Learn More: https://lnkd.in/eTUGvX9s The North America region dominated the market with a 38 % share in 2023. Canadian apparel manufacturers have shifted their focus to specialty markets, developing and producing sportswear and protective clothing. In order to adapt to fast-changing retail trends and manufacture high-end apparel, some multinational companies who have off-shored their apparel manufacturing to save money are also running short-run and restocking facilities in the region. Segment Analysis: Based on Type, The Premium segment dominated the Online Apparel Retail market with a 49% market share. Consumers nowadays feel comfortable purchasing even premium things online, because the premium word itself gives an idea about the quality of the product. Based on the End User, The Men segment dominated the market with a 41% market share in 2023. This is due to changes in lifestyle, a more cosmopolitan culture, and increased exposure to the latest trends. #Online #Apparel #Retail #Market #North #America #Premium #Economy #Low #specialty #market
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US Retail Inventory Insights: 2Q24 Our quarterly "US Retail Inventory Insights" series looks at the inventory levels of US retailers in the Coresight 100, our global list of top retailers, brands and non-retail companies. In this report, we analyze inventory turnover trends from the past nine quarters, up to the second quarter of 2024 (2Q24). This report covers the beauty, department store, discount, drugstore, electronics, food and grocery, home and home-improvement, jewelry, luxury, mass merchandiser, specialty apparel and footwear, and warehouse club sectors. Get exclusive insights from company management on inventory levels ahead of the holiday season. Subscribe to download: https://lnkd.in/dZmFPyVB #ConsumerSpending #USRetail #InventoryInsights #EconomicTrends #holidayseason
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“Online retail grew by 3.2% year-on-year in September 2024, the first growth in e-commerce since April 2021, with clothing retailers experiencing their first monthly year-on-year growth in two years at 4.2%.” TheIndustry.fashion & TheIndustry.beauty https://lnkd.in/epSC9r38 With cautious optimism ahead of peak season. Categories like Footwear, Accessories, and Beauty are driving the momentum. How are you feeling about your sales heading into peak? 😅Cautiously optimistic? 😩Making up for lost time? 🤑Coming off a strong base? Whether targets feel achievable or just out of reach, peak season is all about striving for the best results. Here are some tips to maximise your success: ✅Black Friday is a week later: Prepare to launch offers early and with impact as last year’s discounts will anniversary a week sooner. ✅Avoid blanket discounts: If customers love a product, they’ll still buy it at full price through Black Friday. ✅Clear high-volume stock early: Avoid heavy end-of-season discounts by tackling problem styles upfront. ✅Quick, impactful promos: Start strong to avoid the need for deeper discounts later, which can frustrate customers and result in returns to rebuy. ✅Stand out from the crowd: Collaborations, competitions, and free gifts can help set you apart. Need help making that final Q4 push? DM me for a quick focus call 📞or let’s build a robust plan together 👯. The clock is ticking! ⏳ https://bit.ly/4eAuO4D #blackfriday #merchandising #peaktrade #halperinsights #merchandisingconsultant
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“Online retail grew by 3.2% year-on-year in September 2024, the first growth in e-commerce since April 2021, with clothing retailers experiencing their first monthly year-on-year growth in two years at 4.2%.” TheIndustry.fashion & TheIndustry.beauty https://lnkd.in/epSC9r38 With cautious optimism ahead of peak season. Categories like Footwear, Accessories, and Beauty are driving the momentum. How are you feeling about your sales heading into peak? 😅Cautiously optimistic? 😩Making up for lost time? 🤑Coming off a strong base? Whether targets feel achievable or just out of reach, peak season is all about striving for the best results. Here are some tips to maximise your success: ✅Black Friday is a week later: Prepare to launch offers early and with impact as last year’s discounts will anniversary a week sooner. ✅Avoid blanket discounts: If customers love a product, they’ll still buy it at full price through Black Friday. ✅Clear high-volume stock early: Avoid heavy end-of-season discounts by tackling problem styles upfront. ✅Quick, impactful promos: Start strong to avoid the need for deeper discounts later, which can frustrate customers and result in returns to rebuy. ✅Stand out from the crowd: Collaborations, competitions, and free gifts can help set you apart. Need help making that final Q4 push? DM me for a quick focus call 📞or let’s build a robust plan together 👯. The clock is ticking! ⏳ https://bit.ly/4eAuO4D #blackfriday #merchandising #peaktrade #halperinsights #merchandisingconsultant
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2Q24 Earnings Insights, Week 6 In our weekly “Earnings Insights” reports, we meticulously compile and analyze critical data and information from major US retailers, ensuring you have key insights to keep your finger on the pulse of the retail landscape. Data in this report include: • Management Commentary Highlights: Recent insights from major US retailers within our Coresight 100 coverage list that reported second-quarter 2024 earnings in the week ended September 1, 2024 • Weekly Sector Highlights from Across Six Sectors: apparel and footwear, beauty, department stores, discount stores, electronics retailers and specialty apparel •Quarterly Data: Gross margins, sales data by brand (where applicable), and channel and geographic sales data Stay at the forefront of the retail market with the “Earnings Insights” series from Coresight Research! Read the latest report now: https://lnkd.in/eqwBKnN2 This premium report is available exclusively to subscribers. Not a subscriber? Contact us to become one! #USRetail #RetailEarnings #inflation #capitalmarkets
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GlobalData’s latest report ‘The Apparel Market in the US to 2028’, forecasts continued growth through 2028, driven by improving consumer sentiment and a shift towards resale markets. GlobalData Plc #USapparel #marketrends #retail #JSDaily
In data: US apparel market growth in 2024 as inflation eases
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