MarketReportsOnline.com adds Global Fashion Retailing Market: Industry Analysis & Outlook (2016-2020) research report of 50 pages on the fashion retailing industry to the retail intelligence collection of its research store.
Pune, Maharastra -- (SBWIRE) -- 08/05/2016 -- The research report, "Global Fashion Retail Market: Industry Analysis and Outlook (2016-2020)" provides a comprehensive study of global fashion retail market performance at present and future outlook and also a in-depth study of its major regional markets such as those in Asia-Pacific, Europe and the US. Furthermore, market dynamics such as key trends and development; and challenges are examined in depth. The competitive landscape of the respective market and company profiling of the major players including companies' important growth strategies, business overview and financial position are also discussed for reference. The report is a must read for all those willing to invest in this area and trying to assess potential opportunities.
Fashion is best defined as the style (or styles) of clothing, footwear and accessories worn at any given time by groups of people. There may appear to be differences between the styles of designer fashions, which are unique as well as expensive, and the mass-produced apparels and street-styles sold in malls and markets around the world. With the upsurge of new technologies and the development of the factory system of production, the proliferation of fashion retail outlets such as department stores, malls and brand-specific stores had increasingly emerged as a result of mass-produced products sold in standard sizes at fixed prices.
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Fashion retailing encompasses the sale of fashion merchandise for consumption, either from a fixed location such as a specialty store, department store or stall, or through a widespread online network which also termed as e-commerce gateways. A retailer purchases the products in a large quantity from manufacturers or importers of these fashion goods and sells to the end users, usually in a shop, also called store. Retailers are typically at the end of the supply chain of the fashion industry.
The important factors which are likely to drive this market include growing global retail Ecommerce sector, rising online fashion penetration rate, increasing middle-class consumption expenditure and rising young population. Some of the major trends of this industry include upswing in fast-fashion retail, rising online spending in emerging markets and globally converging fashion due to increasing travel. However, the growth of the fashion retail industry is threatened by high cost of labor, exchange rate volatility and swiftly changing fashion styles.
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