Fashion Business Intelligence

Find on the FashionUnited business intelligence site, all the business data and statistics to provide fashion professionals with a better overview of the fashion industry.

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Retail

Industry insiders give their reaction to latest ONS figures

British clothing and footwear retailers suffered their sharpest year-on-year decline since January 2022, with sales falling 2.6 per cent in November, marking the second consecutive monthly decrease. The Office for National Statistics' (ONS) latest retail monitor, which concluded on November 23, captured only a partial picture of consumer...

Retail

UK retail sales marginally rise in November as consumers hold back spending

New figures from the Office for National Statistics (ONS) have shown a marginal rise in retail sales volumes for the month of November, a slight increase that was offset by consumers waiting for discount periods in the following month. According to the data, sales were estimated to have risen by 0.2 percent, following a fall of 0.7 percent in...

Retail

Retail sector loses 225,000 jobs in five years

It is no secret that the retail sector has faced significant challenges in recent years, the impact of which has been reflected in new job figures issued by the Office for National Statistics (ONS). According to the organisation’s data, there were 2.81 million jobs in retail in September 2024, yet on a four-quarter average, this was 40,000 fewer...

Business

UK sees highest inflation rates since March, clothing drives up figures

New figures from the Office for National Statistics (ONS) have revealed an increase in inflation once again. According to the data, the Consumer Prices Index (CPI) rose by 2.6 percent in the 12 months to November 2024, increasing from 2.3 percent in the 12 months to October. On a monthly basis, meanwhile, CPI rose 0.1 percent for the month,...

Retail

Shopping malls see comeback in pre-holiday surge

U.S. shopping mall foot traffic delivered a robust performance in November, signalling a potential renaissance for brick-and-mortar retail that could extend into the December shopping season, according to the latest industry data. The revival is particularly noteworthy for indoor shopping centres, which registered a 6.4 percent year-over-year...

Business

Dutch watchdog ACM assists Romanian competition authority with investigation into Nike, raids head offices

Dutch market watchdog Authority for Consumers & Markets is supporting the Romanian competition authority in an investigation into possible anti-competitive agreements in the world of sportswear. As part of the investigation, raids were carried out at the head offices in the Netherlands and Romania, according to a document from Consiliul Concuren...

Business

Inflation in Germany above the two percent mark, again

Rising prices for services and food have pushed the inflation rate in Germany above the two percent mark for the first time since July. In November, consumer prices were 2.2 percent higher than in the same month last year, the Federal Statistical Office confirmed on Tuesday. Preliminary data had already been available at the end of November....

Retail

Weekly footfall fluctuates between Black Friday and Storm Darragh

Footfall across UK retail destinations presented a story in two halves for the week to December 8, 2024, as a late Black Friday helped boost figures before Storm Darragh ravaged the nation. All retail destinations experienced strong week-on-week rises from Sunday to Wednesday, however this starkly contrasted figures from Thursday onwards, when...

Business

Spain: Fashion sales in fall for the first time in November since 2020

Madrid – A cold and unflattering Christmas for the Spanish retail fashion industry is what we are heading towards in 2024, based on the -2.8 percent drop in sales for the sector as a whole during this already surpassed month of November. A period in which, with the arrival of “Black Friday”, the unofficial start of this strategic holiday...

Business

Eurozone: Retail sales decline more than anticipated

Retail sales across the Eurozone fell more sharply than expected in October. Month-on-month, sales contracted by 0.5 percent, according to figures released by the European statistics agency Eurostat on Thursday in Luxembourg. Economists had forecast a decline of just 0.3 percent. In September, sales had risen by 0.5 percent. Year-on-year, retail...

Business

Value of Top 100 public fashion companies doubled in 10 years

The combined market capitalization of the top 100 publicly listed apparel companies in the FashionUnited Top100 Index has surged from $1 trillion to over $2 trillion in the past decade, signifying substantial growth and investor confidence in the industry. FashionUnited, a leading global platform for fashion professionals, today announced the...

BusinessFeatured

“Status of German Fashion 2024”: Between tradition and digitalisation

The Fashion Council Germany (FCG) and eBay Germany recently published the study “Status of German Fashion 2024”, which, in conjunction with the research institute Oxford Economics, examined the economic significance of the German fashion industry (clothing, footwear, accessories, bags and jewellery). The study also looked at the key challenges...