Apparel and Footwear at a Glance: Insights from Latest Research Edition
The global Apparel and Footwear industry remains strong posting over 4% value growth in 2015, slightly up from previous year. US, China and India contributed to more than half the absolute value gained. The strengthening of the US$ heavily impacted big operators, especially those with considerable production outsourced. Consumers continued favouring affordable and fashion-driven clothing and footwear, which led to further average unit price declines.