American households spend around 3.8% of their income on clothing on average, and clothing prices have decreased by 8.5% since 1992 after adjusting for inflation. One bale of cotton can produce 215 pairs of jeans. Fashion facts discusses various statistics about the global fashion industry, including that Americans spend $250 billion annually on fashion, the perfume industry is worth over $10 billion per year, and over 2 billion t-shirts are sold yearly.

1. FASHION
FACTS
Tony Hakim

2. US households spend around 3.8%of
their income on clothing.
The price of clothing
has decreased by
8.5% since
1992, even
adjusted for inflation.
One bale of cotton can produce 215
pairs of jeans.

3. A garment or item is only considered VINTAGE
if it dates between 1920-1960. Anything after
this era is known as retro.
The first ever shopping
mall to sell clothing was
built in Ancient ROME.

4. Each year, Americans spend $250,000,000,000 on fashion.

5. The perfume industry is worth
over $10 million
annually.
More than 2billion t-shirts are sold yearly.

6. Louis Vuitton is the most powerful luxury brand, with a value of
$19.2 Billion
In 2013the most googled
high fashion brand was
Versace

7. The world childrenswear market is
expected to reach $186 millionin 2014.

8. The world
womenswear
industry
is expected to pass
$621billion
in 2014.

9. 232,000people attend New York Fashion Week
yearly, increasing the New York City economy. by
$20 Million.

10. As of 2000, 13,000,000 people are
employed in the clothing industry…
…And 13.5 million in the textile industry.