Jasper Colin ’s Post

Evolving Men's Fashion in Departmental Stores! Customers are increasingly blending styles between suits, casual wear, and sportswear, even within a single ensemble. A noticeable shift demanding brands and retailers to pay close attention to. Peaks Partners, rich with local behavioral insights and extensive global partner alliances, catches the trends well ahead and brings growth centric solutions to its customer. Our capabilities in harnessing data insights and pre-empting buying behavior shifts, enable our customers with viable entry and sustained growth in markets of choice. If you are a men's fashion brand and/or retailer seeing the shift and exploring next growth curve, drop us a line at [email protected] to book your #freeconsultation. Read full story below 🔽 https://lnkd.in/gx69G78U #menfashion #consumerinsights #behavioraleconomics #retail #retailers #globalbrands #menbrands #semiformalfashion #casualfashion #mensclothing #peakspartners #consultingservices

The #UK men's fashion market is booming, with total sales reaching £13.2 billion in 2023, up 4%. 💷 However, with shifting consumer demands and unpredictable economic conditions, 📉 how can menswear #brands seize market opportunities? Euromonitor's latest report distills key data and insights for us. 📊 The report forecasts the UK #MensFashion market size will reach £14 billion by 2028, growing at a CAGR of 2.2%. 📈 This information helps us judge market prospects more accurately. I briefly summarise a few important findings: ✅ In 2023, men's #swimwear sees the fastest growth at 9%, with total sales of £196 million. The price-performance ratio becomes an important consideration for consumers. 💰 ✅ Economy and premium men's jeans show significant polarization, targeting different consumer groups. 👖 ✅ Quality #bespoke suits still see demand, projecting professionalism and refined personal image. 👔 For more segment data and forecasts see the full report. 📄 Very welcome to share your unique insights into the UK men’s fashion market... #Marketing #Fashion #Branding #Business #FashionIndustry #GlobalTrade #BusinessIntelligence #Ecommerce #Future #Apparel #MensWear #Global #Secondhand #Pajamas #Underwear #Coat #JbtIndustry

Secondhand fashion is experiencing explosive growth. U.S. online fashion resale volume is projected to nearly double by 2026, reaching $23.92 billion, according to eMarketer. This trend extends globally, with the secondhand apparel market expected to hit $350 billion by 2027, growing at a rate three times faster than the overall global apparel market, according to ThredUp. Driving this surge are younger generations—83% of Gen Z have already shopped or are open to shopping for secondhand apparel, with younger generations expected to account for nearly two-thirds of incremental secondhand spend as their purchasing power increases. This shift is not just about budget consciousness; it's a reflection of changing values, with 47% of Gen Z refusing to buy from non-sustainable apparel brands and retailers. [Note: This is from our July newsletter. We're about to send out August! You can subscribe at http://www.tmrwandtmrw.com.] Photo: https://lnkd.in/gMsFsqiQ #retail #strategy #genz

Fashion business models: 𝗢𝗹𝗱 𝘄𝗮𝘆 📦Physical inventory 📆Seasonal collections 🏬In-store sales only 𝗡𝗲𝘄 𝗪𝗮𝘆 🏭On-demand production 🧩Capsule collections 📱Digital-first marketing Which one you prefer? #FashionRetail #TechIntegration #RetailInnovation #FashionTech #Innovation

🛒🇨🇳 Singles' Day 2023: Insights from the Chinese Fashion Market Singles' Day has become one of the most significant shopping events worldwide, with 2022 generating a staggering $128-151 billion in sales. Our latest blog post delves into the 2023 trends, focusing on Men’s Tops, Bottoms, and Footwear. Using data from JD, a leading online retailer, we uncover key insights such as: ●︎ A 179% YoY increase in review volumes for Tops ●︎ Leading brands in the Footwear category ●︎ The over-representation of price and value in discussions Discover how these trends can inform your strategy and help you capture the Chinese market. Don’t miss out on our comprehensive analysis: https://hubs.la/Q02zct050 #SinglesDay #Ecommerce #FashionTrends #ChinaMarket #ConsumerInsights

A growing number of brands are unveiling their Fall Winter 2024 collections as the buying season is upon us. The digitisation across various sectors, such as trend forecasting, design, manufacturing, retailing and advertising, compels the fashion industry to accelerate its pace. Consequently, fashion professionals must respond quickly to remain competitive. #fw24 #fashiontrends

The July issue of Drapers is a menswear bonanza, with our 24-page spring/summer 25 buying guide as its centrepiece. But that’s not all as it also features an interview with Reiss, as well as a deep dive into how inadequate port capacity and infrastructure is scuppering fashion retailers' operations. Subscribe now to read the full digital edition >> bit.ly/3RQUDEb #magazine #digitaledition #menswear #fashionretail #fashionnews

Week in review: Bleak end to 2024 for global fashion retailers The outlook for the global fashion sector looks far from rosy as we head into H2 2024 with headlines this week including Hong Kong fashion retailer Esprit on the brink of divesting its China business and US sportswear giant Nike sounding a warning on the financial year ahead. #fashion #H22024 #JSDaily

Second-hand clothing big business in US and UK, Global Fashion report finds ▶️ 42% of US shoppers have purchased at least one item of 2nd-hand clothing in the past year, 📈 It is valued at $43.9bn in 2024 in the US alone via @etail #ecommerce #commerce #marketplace #B2C https://buff.ly/3Jy9Fde

Do you know how Sizebay generates size recommendations for shoes? Laila Wolf will tell you all the details about how our solution generates a size recommendation that improves customers' shopping experience in fashion eCommerce! Leave a comment if you have any question. #getitright #provadorvirtual #sizebay #recomendaçãodetamanho #comfortzone #fashion #ecommerce