Global Expert Mission Report “US Sustainable Innovation in Fashion 2020”
Fashion1
1.
2. The global men's fashion industry is expected to exceed $402 billion by 2014
industry has expanded by 14% during 5 year period
China is the fastest growing market, expected to be around $78,000 million
by end of 2014
Americas represents almost 35% of global market
The largest share of market consists of clothing and footwear specialists (60%)
3. Sports Clothing within Men's Fashion has always made up a large percentage of sales
revenue, due to high participation rates and interest levels in sport
Team jerseys, tennis wear, athletic apparel, fashionable sneakers etc are high
commodities with major brands like Nike, Adidas and Puma
The American hip-hop industry is well renowned for making hoodies and sweatshirts big
business in the late 1990's
jdsports.co.uk
4. Men's casual wear flourished due to relaxed standards of dress at work. In 1997
studies in America found that 52% of respondents were able to dress casually
every day of the working week, with that figure increasing yearly.
Casual wear has been affected by the rise in sports wear, with jeans sales down
6% in America in 2014 with sports wear rising 7%.
esquire.com
5. Men's evening wear comprises of apparel worn to dinners, formals, charity
events, weddings or other social events.
Men's evening wear is largely put on display at Melbourne's spring racing
carnival. Fashion houses dedicate vast amounts to dressing celebrities in the
latest styles, with the birdcage marquee being viewed by millions
nationwide.
Menfash.us
6. Men’s Clothing Industry Market Research & Statistics. Retrieved 23 Jan 2015
from http://www.reportlinker.com/ci02122/Men-s-Clothing.html
American fashion embraces the casual and comfortable retrieved 22
January 2015 from http://www.ropercenter.uconn.edu/public-
perspective/ppscan/.../85058.pdf
Jeans face an uncertain future amid yoga wear rage retrieved 23 January
2015 from http://www.dailymail.co.uk/wires/ap/article-2745518