McKinsey: Consumers are trading down — and splurging

Inflation is still impacting shopper behavior, but younger consumers are also spending more on treating themselves.

By Xanayra Marin-Lopez • May 5, 2023

Athleisure’s prominence may stand the test of time, other trends may not: Bolt report

Artificial intelligence was another big part of the report, which may become a mainstay in shopping for fashion online.

By Laurel Deppen • April 27, 2023

Apparel spending expectations optimistic despite recession concerns: report

Alvarez & Marsal’s Consumer Sentiment Survey Spring 2023 indicates increased consumer optimism, particularly when it comes to buying clothing and other nonessentials.

By Lara Ewen • April 24, 2023

Prada, Miu Miu top first Lyst Index of 2023

The report called the sibling Italian fashion houses top two “hottest brands in the world,” though Uniqlo’s under-$20 shoulder bag was the hottest product of the quarter.

By Lara Ewen • April 19, 2023

Resale’s big secret? It may need stores

To join the secondhand market boom, many apparel retailers and brands have turned to third-party platforms that struggle to sustain a profit.

By Daphne Howland • April 17, 2023

ThredUp: US resale market projected to reach $70B by 2027

That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026.

By Tatiana Walk-Morris • April 5, 2023

Lizzo’s Yitty launches gender-affirming shapewear

The collection, which comes a year after the Fabletics sister brand launched, comes as more retailers introduce more inclusive offerings.

By Howard Ruben • April 3, 2023

H&M expands its sizing for men’s and women’s clothing, up to 4XL

A new partnership with inclusivity consultant Tess Holliday highlights the fast fashion brand’s pledge to put more diverse offerings in store and online.

By Lara Ewen • March 30, 2023

Prestige is ‘growth engine’ for beauty industry: report

Shoppers aren’t cutting back on their beauty spending and are turning to prestige products for an emotional lift, according to Circana. 

By Tatiana Walk-Morris • March 27, 2023

Mobile leads e-commerce activity among fashion consumers, report finds

Fashion and apparel shoppers spend more money on desktop, but browse more on mobile, says Syte’s annual State of eCommerce Discovery report.

By Lara Ewen • March 22, 2023

Fashion makeover: 5 ways to rethink the industry in 2023

Analysts say brands have to look beyond NFTs and buzzy collaborations to bring greater agility to its supply chain, transparency to its sustainability efforts and practicality to its tech adoption. 

By Lara Ewen , Shaun Lucas • March 20, 2023

Fashion drops to second behind tech for most likely splurge in 2023, report finds

Clothing and fashion ranked among the top planned spending splurges for 16- to 24-year-olds, according to 5W Public Relations and Censuswide.

By Lara Ewen • March 13, 2023

Luxury demand strong amid consumer weakness

A few brands are out of favor, while others are making a comeback, as consumers across income levels continue to shop for upscale goods.

By Daphne Howland • Feb. 22, 2023

2023 will be a ‘reset year’ for the footwear industry: NPD

Sales might finally stabilize in the sector, and casual shoes will continue to grow as shoppers prioritize necessities.

By Tatiana Walk-Morris • Feb. 21, 2023

Levi’s CEO: ‘The skinny jean is not going anywhere’

Baggy styles are on-trend and selling, but the closet staple is hanging around. Meanwhile, the company sees inventory returning to normal by mid-year.

By Daphne Howland • Jan. 26, 2023