apparel market news and archive

Shein reigns supreme, taking the lead apparel market share in 2024 amidst a tough economy

Shein, the ultra-fast fashion giant from China, strengthened its ever-tightening grip on the apparel market in 2024, outpacing competitors once more as budget-conscious consumers continued to turn to familiar brands amid growing economic uncertainty. The Singapore-based Shein is estimated to have extended its apparel market share by 0.24...

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Management

Womenswear to propel further growth for e-commerce market globally

New York – A new report by Persistence Market Research forecasts womenswear will impel the global online apparel market in the future. The e-commerce sector has observed substantial growth over the past few years, primarily driven by the rapid adoption of technology and an explosion of new generation tablets and smartphones. The advent of 3G and...

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Business

Indian apparel market to more than double by 2023

Driven by a young population with high disposable incomes, the Indian textile and apparel market is estimated to more than double by 2023 from 58 billion US dollars in 2013 to 138 billion US dollars. It is expected that all three segments - apparel, home textiles and technical textiles - will double their market size. Textile and apparel exports...