Fashion industry faces inflation, geopolitical tensions, and weakened consumer demand. Brands must be agile and creative to succeed.
Apparel industry adapts to sustainability trend. Brands are incorporating sustainable materials & eco-friendly processes but cost constraints remain.
Apparel industry shifts to DTC for personalized shopping, greater control & data. Diverse sales channels still crucial for growth.
Apparel industry adopts AI and automation, accelerating digitalization due to COVID-19.
Athleisure trend expands, valued at $248.31bn in 2020. Consumers demand comfortable, versatile clothing. Market to grow at 6.54% CAGR (2021-2026)