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Get ready... The global secondhand apparel market is set to reach $350 billion by 2028. The U.S. market is expected to reach $73 billion. And, did you know that by 2025 10% of the global apparel market is expected to be made up of secondhand products. For those interested in a good secondhand apparel market report, ThredUp puts together a good annual report addressing market sizes, buying and selling trends, brand preferences and consumer profiles. https://lnkd.in/gJzeb9VS

🤓 Gain unique insights into the #outdoor apparel market from an industry insider! Join us for an exclusive interview with Eric Yung from Polartec, where he shares valuable perspectives on innovation, #sustainability, and market trends. Don't miss out the article from our author Will Renwick! 👇 https://lnkd.in/d2uJ8Zne #OutdoorApparel #IndustryInsights #Sustainability

In 2023, resale grew 15x faster than the broader retail clothing sector. Recent Resale Report shows some promising shifts towards a more circular fashion ecosystem. Here are the main takeaways👇📝 → 52% of consumers shopped for secondhand apparel in 2023. → 63% of consumers who bought secondhand apparel in 2023 purchased online. → 20% of consumers who prefer to buy secondhand prefer to buy secondhand directly from a brand’s website. What are your thoughts? Let us know in the comments👋

👟 Sportswear Dominance & Sustainable Fashion: A 2025 Trend Preview The fashion industry is evolving rapidly! 🌍 In this first video, I dive deep into two major trends shaping 2025: 1. The Rise of Sportswear: Challenger Brands Powerhouse: Discover how these innovative brands are shaking up the industry and capturing market share. 2. Sustainability Takes Center Stage: The Urgent Need for Change: Understand the pressing environmental and social issues facing the fashion industry. Stay tuned for more insights into the future of fashion! #FashionTrends2025 #Sportswear #Sustainability #CircularFashion #FashionInnovation #FutureofFashion

What factors influence consumers’ apparel purchasing behavior? This month's Industry Snapshot examines Americans’ shopping habits and explores how two factors - external validation and discounts - impact customers' purchasing decisions. Explore our Apparel & Fashion report now: https://hubs.li/Q02QtZ8_0

Here are some key fashion trends taking the wholesale apparel industry by storm: Sustainable Fashion: Eco-friendly materials and production methods are more popular than ever. Brands are focusing on reducing their carbon footprint and promoting ethical practices. Tech-Enhanced Apparel: From smart fabrics to integrated wearable tech, the fusion of fashion and technology is revolutionizing the industry. Bold Colors and Patterns: Expect to see vibrant colors and bold patterns dominating the fashion scene this year, offering fresh and exciting options for retailers. Gender-Neutral Collections: Inclusivity is at the forefront, with many brands launching unisex collections that cater to a broader audience. Comfort and Functionality: The demand for comfortable yet stylish apparel continues to rise, with a focus on versatile pieces that can be worn for various occasions. Stay ahead of the curve and update your inventory with these trending styles! #WholesaleApparel #FashionTrends2024 #SustainableFashion #TechInFashion #InclusiveFashion

In 2023, global demand for apparel saw a robust rebound, marking a significant post-pandemic recovery. 🌏 👚 As the largest segment in fashion e-commerce, global apparel e-commerce revenue is projected to hit $642.1 billion by 2024, representing 64.8% of fashion e-commerce revenue. Women's apparel is leading the charge, accounting for more than half of the global apparel market and growing rapidly. Together with men's and children's apparel, they're driving the overall increase in global fashion consumption. #FashionEcommerce #GlobalApparel #FashionIndustry #EcommerceGrowth #WomensFashion #MensFashion #ChildrensFashion #FashionTrends #ApparelMarket #FashionRecovery #PostPandemicGrowth #EcommerceTrends #GlobalFashion #FashionBusiness #ApparelRevenue

Global Fashion & Apparel Industry: A Deep Dive As part of my recent entrepreneurship class, I explored the global Fashion & Apparel industry — a $1.7 trillion sector projected to grow to $2 trillion by 2028. These are my key takeaways: 1. Market Growth: With a CAGR of 3.9%, e-commerce & sustainable fashion are driving growth. 2. Sub-Segments: The major sub-segments are - luxury brands, fast fashion, sportswear, sustainable fashion. 3. Major Trends: - Sustainability: The industry is increasingly focused on minimizing its environmental impact, with a rise in sustainable practices and materials. - Digital Transformation: E-commerce and social media have revolutionised how fashion brands connect with consumers, creating personalised and engaging shopping experiences. - Athleisure: Comfort meets style as athletic wear becomes a staple in everyday wardrobes, blending function with fashion. As the industry evolves, it faces challenges around sustainability and innovation, but these also create immense opportunities for growth. What trends do you think will define the future of fashion? #FashionIndustry #Sustainability #LuxuryBrands #FastFashion

🔍 Unlock the Future of Fashion with Data-Driven Sizing Insights! 📊👗👠 In the fast-paced world of fashion, getting the right fit is crucial. Did you know that incorrect sizing accounts for up to 93% of #returns in Europe? This not only impacts customer satisfaction but also significantly affects retailers' bottom lines and sustainability efforts. Discover how data-driven sizing can revolutionize the apparel and footwear industry by: #Reducingreturn rates, Enhancing #customerloyalty and Promoting #sustainable fashion and providing detailed insights into #customerdemographics In our latest blog, we dive deep into the transformative power of data-driven sizing and how it complements personalized shopping experiences. Learn about the challenges and innovative solutions that are setting new standards in the industry. 📈 Read more about how your brand can benefit from data-driven sizing insights and stay ahead in the fashion game! Link to the blog in the first comment! #FashionTech #Sustainability #CustomerExperience #DataDriven #RetailInnovation #ApparelIndustry

Fashion and Apparel Market Size, Share, Trends & Competitive Analysis Global Report 2024-2032    Fashion and apparel encompass the ever-evolving styles, trends, and clothing choices that individuals make to express their personalities and identities. It goes beyond mere clothing; it's a form of self-expression, reflecting cultural influences, personal tastes, and societal trends. Fashion and apparel include a wide range of items, from everyday casual wear to haute couture, each serving different purposes and occasions. Whether it's keeping up with the latest trends or staying true to personal style, fashion and apparel play a significant role in how people present themselves to the world. Read Full Report@ https://lnkd.in/ewD8XByM The growing influence of social media and digital platforms, which have revolutionized how consumers discover, purchase, and engage with fashion. Additionally, increasing disposable incomes, especially in emerging economies, have led to a rise in demand for high-quality clothing, accessories, and footwear, further fueling market growth. Moreover, the growing awareness of sustainable and ethically produced fashion items is pushing companies to adopt more eco-friendly practices, thus creating new opportunities for innovation and market expansion. #FashionIndustry #ApparelMarket #FashionTrends #ClothingIndustry #FashionDesign #StyleTrends #FashionRetail