Sweatpants, Cardigans, and The Rise of Casual Dress

This month’s Fashion Friday podcast series by Euromonitor International explores the booming trend of casual styles and how fashion brands can successfully incorporate it in their strategies moving forward. Sportswear and athleisure have experienced momentum compared to the broader apparel and footwear industry, which has seen double-digit declines due to the pandemic. While the apparel and footwear industry is expected to see a CAGR of 4 percent until 2025, sportswear is set to grow at a higher CAGR of 6 percent and is estimated at USD292 billion globally.