06 November 2023, Mumbai
Key Findings
Country-by-Country Breakdown
US
EU
UK
Japan
OUTLOOK
The global apparel market recovery is still underway, but the pace of recovery has slowed in recent months. This is likely due to several factors, including the ongoing war in Ukraine, rising inflation, and supply chain disruptions.
However, there are some positive signs, such as the recent increase in monthly apparel store sales in the UK and the US.
It is too early to say when the global apparel market will fully recover. However, the market is facing several challenges. Apparel brands and retailers must adapt to the changing market landscape to remain successful.
5 key insights:
CREDITS: WAZIR OCTOBER REPORT