The Summer Apparel & Accessories Market was a huge hit! We welcomed a record-breaking number of buyers, first-time attendees, and major stores and buying groups. https://lnkd.in/g4X4MVDx
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G-III Apparel Group, a prominent US fashion firm, reported a slight increase in net sales to $609.7 million in Q1 FY25 compared to $606.6 million in the previous year. G-III Apparel Group #retail #apparel #fashion #FashionUpdates #fashionnews #fashionindustry #fashionstyle #fashiontrends Read More: https://lnkd.in/dQuAsg_4
G-II Apparel’s Q1 FY25 sales reach $609.7 million.
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𝐕𝐢𝐜𝐭𝐨𝐫𝐢𝐚’𝐬 𝐒𝐞𝐜𝐫𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐒𝐚𝐥𝐞𝐬 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐚𝐬 𝐃𝐞𝐜𝐥𝐢𝐧𝐞 𝐒𝐥𝐨𝐰𝐬 Victoria’s Secret & Co. announced improved sales despite heightened promotional activity and fierce competition. In its latest report on Thursday, the lingerie giant revealed that its preliminary sales and adjusted profit for the quarter ending May 4 exceeded or met its previous forecasts. Although net sales experienced a 3 to 4 percent decline during the period, it surpassed earlier expectations of a potential 6 percent decrease. Notably, the company highlighted the strong performance of its online sales, which outpaced in-store results. Over the past two years, Victoria’s Secret has been contending with declining sales. In response, the retailer revamped its fashion show and expanded its offerings in swimwear and apparel to attract customers and reclaim its relevance. CEO Martin Waters noted positive feedback from keep reading: https://lnkd.in/dDhruhX2 Victoria’s Secret & Co. #growth #trade #retail #brand #victoriasecret
Victoria's Secret Reports Sales Improvement as Decline Slows - Perfect Sourcing — Latest Fashion, Apparel, Textile and Technology News
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Are you looking to launch an online apparel store but don’t know where to start? We've got just the answer. We’ve just published an article that lists 6 essential steps to consider when opening an online clothing store. It covers everything from market research to setting up logistics. Click the link to learn more! >>https://lnkd.in/d-uyGPaN #getitright #sizeandfitadvisor #ecommercetips
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https://www.stellarmr.com Premium Apparel Market Insights In 2023, the Premium Apparel market was valued at an impressive USD 422 billion. Looking ahead, this sector is projected to experience robust growth with a CAGR of 3.8% from 2024 to 2030, reaching nearly USD 547 billion by 2030. This steady growth underscores the increasing demand for high-quality, stylish apparel globally. #PremiumApparel #MarketGrowth #FashionIndustry #BusinessTrends #CAGR #GlobalMarket
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Valuation of a retail clothing business: We have come across numerous ways to value a retail clothing business. Profit margin x an industry standard multiple + cost of inventory? % of revenues? Is there a correct way? Valuing inventory is also a challenging concept. It’s a fluid number. Older inventory is discounted to a level dependant on the age of it. When is Goodwill introduced? Various moving parts to valuing a business. #saturdaythoughts #retailbusiness #businessvaluation #retail101 #luxuryfashion #womenswear #gala #styleguide #fashionblog #fashionbusiness #tocca #oakville
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Every person should streamline their apparel sourcing. 🚀 With Barcela Distribution, you get the whole package – from design to delivery! 📦✨ Let's make your brand stand out and your sales soar. Ready to revamp your apparel game? Contact us for apparel sourcing solutions. #ApparelSourcing #BrandDevelopment #FashionRetail #apparelsourcing #privatelabelsourcing #privatelabel #lingerie #sneakers #emergingbrands #apparel #brandcollaboration #fashionindustry #apparelmanufacturing #sourcing #fyp #barceladistribution
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💡 Did you know that by 2025, secondhand sales are expected to constitute 10% of the global apparel market, with online resale accounting for half of all secondhand transactions? ▶ Check more interesting insights in ThredUp's new report 👇 #retail #secondhand #sales #apparel
Global Secondhand Apparel Market to Hit $350 Billion by 2028, According to New Report
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How do I decide who my target market is for my clothing line? 🔎 What makes you unique? Consider your unique selling points and who would be interested in them. 🔎 What does your competition look like? Analyze your competitors to strengthen your strategy. 🔎 What does your customer look like? Create a detailed customer profile, including age, location, gender, and interests. By answering these questions, you can identify market gaps to focus on. When selecting your manufacturer, we're here to assist! 😉 💁♂️ #clothingmanufacturing #fashionmanufacturing #fashionbrand #targetmarket #manufacturer #Clothing #Fashion #Apparel #Clothingbrand #OEM #ODM #customizedapparel #usa #Australia #FashionDesign #FashionForward #FashionWholesale #customfactory #customclothing #fashion #fashionwear #clothingmanufacturer #sourcing #textileindustry #apparel #apparelindustry #apparelmanufacturing #menwear #garmentfactory #garment #garments #garmentsupplier #garmentmanufacturer #garmentmanufacturing #garmentindustry
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👗 Staying on top of market trends is key in apparel! At Barcela Distribution, we've got the insights and services to help your brand nail that market fit. 🎯 Got thoughts on market trends? Share 'em below! Or connect with us for more tips. 🤝 #FashionTrends #DesignInnovation #ApparelSourcing #apparelsourcing #privatelabelsourcing #privatelabel #lingerie #sneakers #emergingbrands #apparel #brandcollaboration #fashionindustry #apparelmanufacturing #sourcing
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YODA RETAIL | RETHINK Retail Top Expert 2024 | Leadership Development | Merchant | Transformation & Change Coach | Retail Pioneer - Mad Man Era to Today |
Retail Today / Retail Renaissance: Clouds continue to build over the Specialty Apparel Industry, as apparel retailers face a challenging holiday season. Demand is slowing, continued inventory issues, rising expenses, weather, even their wholesale business to Department Stores. This segment of retail is faced with a multitude of problems and no easy answers. I found it interesting this article never mentioned fast-fashion or off-price, both are on fire 🔥🔥🔥!! So where was the opportunity, for the last 18 months the market has demanded “value”. How did each retailer prepare for that demand? #retail #apparelindustry #fashion #specialtyapparel #malls #departmentstores #fastfashion #offprice #brands #wholesale #macys #kohls #gap #nordstroms #pacsun #crocs #northface #nike #footwear #value
3 roadblocks for apparel retailers ahead of the holidays
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U.S.National Sales, Marketing Manager and Owner of CHARLIE LYTLE SELLS! L.L.C.
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