Fashion remains one of the most dynamic and lucrative industries on the planet. Global Apparel and footwear accelerated growth in 2018, pushing overall industry revenue to $1.8 trillion US dollars, up by 4.6% from the previous year. It is set to become a $2 trillion business by 2023. Unsurprisingly, Nike and Adidas lead comfortably, not just in the sportswear rankings, but in Apparel and Footwear in general, outgrowing industry averages for yet another consecutive year.
Fashion Friday: Global Apparel in 2019 and Beyond
1/25/2019
Share:
Interested in more insights?
Subscribe to our content
Latest Insights
Shop Our Reports
Retail Reinvention: A Framework for Future Growth
New business models, channels and shopper expectations continue to change retail, redefining industry rules and relationships and disrupting the path to…
View ReportCompetitor Strategies in Personal Accessories
The pandemic catalyses industry consolidation, increasing the top 10 players' share. Luxury brands thrive initially, but a sector slowdown opens doors for…
View ReportWorld Market for Apparel and Footwear
Apparel and footwear was among the industries worst hit by the COVID-19 pandemic, and as the ongoing conflict in Ukraine further disrupts the world’s economy,…
View Report