Fashion remains one of the most dynamic and lucrative industries on the planet. Global Apparel and footwear accelerated growth in 2018, pushing overall industry revenue to $1.8 trillion US dollars, up by 4.6% from the previous year. It is set to become a $2 trillion business by 2023. Unsurprisingly, Nike and Adidas lead comfortably, not just in the sportswear rankings, but in Apparel and Footwear in general, outgrowing industry averages for yet another consecutive year.
Introducing Opportunity Minded, a new series from Euromonitor International designed for forward-thinking business leaders like you. Each episode tackles a strategic approach or topic on corporate agendas. You’ll hear from our experts who share in