Fashion Market Size 2020 Global Industry Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2027

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Jan 27, 2021 (Market Insight Reports) —
Selbyville, Delaware, According to the research report titled ‘Global Fashion Market Size study, by Products (Footwear, Headwear, Clothing, Jewelry and Accessories, Bags, Others) by Application and Regional Forecasts 2020-2027’, available with Market Study Report LLC, global fashion market was remunerated at USD 300 billion in 2019 and is expected to grow with a CAGR of 4.2% during 2020-2027.

Global fashion market is primarily driven by factors such as robust sales channel such as e-commerce and retail stores, along with rapid urbanization in developing and developed economies leading to upsurge in demand for fashion goods, specifically apparels. According to Statista, in 2019, the US apparel market amassed USD 368 billion, comprising of e-commerce sales of USD 100 billion and retail sales of USD 268 billion, which is an overall surge from

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How Copenhagen Put Sustainability At The Forefront Of Its Fashion Week

Though not one of the major four, Copenhagen Fashion Week has, in recent years, been a hotspot for trends that matter. Between its effortlessly cool street style and roster of It Girl brands like Ganni and Cecilie Bahnsen, it has also made a name for itself as one of the leaders of the sustainable fashion movement.



a person wearing a suit and tie


© Provided by Refinery29


Last year, Copenhagen Fashion Week launched a sustainability action plan. In addition to making a pledge to reduce its own footprint, it gave brands three years to meet a series of sustainability requirements in order to be eligible to have a spot on the official calendar. A year later and with a digital event as a result of the ongoing pandemic, Copenhagen Fashion Week released its first annual Sustainability Report that lists plans to become zero-waste by 2022.

“All industry players — including fashion weeks — have to

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Finesse raises $4.5M to use AI to predict fashion trends

Finesse, a startup promising to take the guesswork and waste out of fashion, is announcing that it has raised $4.5 million in seed and pre-seed funding.

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Founder and CEO Ramin Ahmari said the tremendous waste in the fashion industry has become badly-kept secret, with Burberry recently facing a backlash over its practice of burning unwanted products, and the fashion industry as a whole producing an estimated 13 million tons of textile waste each year.

Finesse is looking to change that, Ahmari said, in part by taking advantage of the fact that that fashion trends moving out of the “hermetically sealed” world of fashion catwalks and onto social media, where new products take off “on the backs and bodies and posts” of influencers like Kylie Jenner.

“This is data we have access to,” he said. Noting that he previously worked in finance, Ahmari added that the stock market

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The 5 couture fashion week trends that might already be in your wardrobe



a person posing for the camera: chanel - Chanel Couture spring/summer 2021


© Chanel Couture spring/summer 2021
chanel – Chanel Couture spring/summer 2021

The catwalks have long served as excellent dressing inspiration for the season ahead, and while the haute couture collections tend to be a little too glamorous for everyday, they provide us with dreamy fashion escapism – which we need now more than ever. 

In a surprising turn of events, however, the spring/summer 2021 couture shows (which were filmed and aired online and via social media) weren’t just full of dressing ideas for right now, but they featured myriad pieces that we’ve been sporting all lockdown long. 

Handily for us, it means our wardrobes tick the new season boxes, too, and there’s no greater fashion feeling than when something you already love becomes on-trend.

Here are the five themes from the spring couture collections that are likely already in your wardrobe: 

Bridgerton-esque pearl accessories, as seen at Dior 



a young girl wearing a dress: Dior couture - Courtesy of Dior


©

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