Tag: apparel
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Luxury Pre-Owned Market Has Tripled in Size Since 2020, With No Signs of Slowing Down. Report.
Fashion resale is getting bigger and bigger. Driven by Gen-Z, Preowned Clothing is Expected to Make Up 27% of the Average Resale Buyer’s Closet By 2023. The estimated value of the apparel, footwear, and accessories resale market is between $100 and $120 billion worldwide, more than three times the size it was in 2020, according…
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This apparel brand was named world’s most valuable for 7th consecutive year, despite a 13% brand value drop
Total value of world’s top 50 most valuable apparel brands has declined by 8% as sector negotiates fallout from COVID-19 pandemic. Nike Does it Again Claiming Title of World’s Most Valuable Apparel Brand for 7th Consecutive Year. Nike named world’s most valuable apparel brand for 7th consecutive year, brand value down 13% to…
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Burberry achieved its highest ever score in the 2020 Dow Jones Sustainability Index
The principle global sustainability metric, the DJSI evaluates a company’s governance, economic, environmental and social performance as well as assessing supply chain management and climate change strategy. It is a trusted benchmark for investors who integrate ESG considerations into their decision-making and investments. Burberry has been included in the 2020 Dow Jones Sustainability Index…
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Nike is once again the most valuable apparel brand. Rolex retains crown as world’s strongest
Despite the havoc that COVID-19 is undoubtedly going to wreak on the sector in the coming year, agile brands are likely to fare much better than their inflexible counterparts. With new consumer behaviour habits likely to be borne out of the pandemic, brands will look towards greater innovation in their e-commerce businesses…
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Missoni x Adidas – a limited-edition range that fuses style and performance
Adidas is collaborating with high-end Italian fashion brand Missoni on a line of performance shoes and apparel. The adidas x Missoni range blends Missoni’s iconic aesthetic with adidas’ focus on high-performance sports apparel. Co-founded with wife Rosita, the Missoni luxury brand is renowned for its kaleidoscope of colours, unconventional patterns and innovative dying techniques…
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Emerging markets tend to perceive brands as more luxurious
Chanel and Clinique are leading the way in luxury beauty: Euromonitor International. Economy, Standard, Premium or Luxury? Brand Perceptions Around the World. Different markets and regions have completely different perceptions of luxury brands. According to Euromonitor market researcher, the perception of brands as luxurious and trends in buying behaviours differ between developed and emerging markets…