Euromonitor International news and archive

Luxury market growth driven by experiences and emerging markets

The global luxury market remains resilient despite continued macroeconomic and geopolitical disruptions, valued at 1.5 trillion dollars in 2025, according to Euromonitor International's World Market for Luxury Goods 2025 report. The industry is currently undergoing a significant transformation, shifting from purely product-centric sales to...

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Podcast

Podcast: Euromonitor International on sustainability in fashion

In this episode, Euromonitor International has discussed sustainability in fashion. Do consumers in today's society hold brands accountable or are price and convenience still the biggest draw for brands? Euromonitor International also questioned whether a "structural shift" is actually occuring, or whether these pledges were simply PR stunts....

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Fashion |OPINION

Footwear’s Unstoppable Trend: The Ugly Shoe

Trends can often lead to some serious fashion faux pas (think Britney and Justin’s take on double denim); fortunately though, these hiccups are short lived in apparel and move on with the next trend. However, the moment where one questions “what was I thinking?” never seems to arrive when it comes to footwear. Regardless of what is presented on...

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Business

China's yuan carves a bad omen for France's luxury sector

China's triple yuan devaluation could hit France's lucrative luxury sector, which has already been impacted by Beijing's tough anti-corruption drive against spendthrift officials, analysts say. The Asian powerhouse's central bank cut the value of the yuan currency, also known as the renminbi, three days in a row last week, raising questions over...

Retail

Amazon says 'Hola Mexico,' and launches new site

Amazon has launched its full retail and marketplace platform in Mexico, following the success of its local Kindle store which opened in 2013. The new site, Amazon.com.mx, is a Spanish-based platform that offers millions of 'unique items for customers in Mexico.' According to the US company, the new platform opened with more categories than any...

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Retail

A challenging turnaround ahead for the owner of Lindex

Although May 13, 2015 was Wednesday instead of Friday, the day was anything but lucky for Finland: fresh Eurostat data showed the country officially having fallen into a recession. Thus Finland and Greece alone share the same gloomy economic situation in the Eurozone - nothing to be proud of for Finns who in the last few years have gained fame...

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Fashion

Prepare for the return of the 'granny panties'

London - Ladies who dislike thongs or g-strings rejoice, as the return of larger underwear (read more covering and comfortable intimate wear) commonly known as 'granny' panties has begun. As a new generation of women across the globe discover the joys of full-bottom underwear, the demand for exposing thongs and g-strings has declined. Although...

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Fashion

Looking Beyond the Obvious in Sub-Saharan Africa - Part I

For many fashion brands, South Africa has been the stepping stone into the sub-Saharan region due to the attractive economic growth and affluent market. But has the time now come to start expanding north? According to Euromonitor International, sales through apparel and footwear specialists in Nigeria and Kenya are expected to grow by 93 percent...

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Fashion

Turning Clicks into Sales: Fashion’s Future in Monetising Hashtags

Social media plays an imperative role in all consumer goods industries, but can be considered even more relevant in the fashion world. As the global social media base passes the 2.0 billion user milestone and internet retailing continues to grow, at a constant 2014 value CAGR of 14 percent globally over 2014-2019, brands are eager to expand...

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Fashion

Forget smartphones and smart TVs, how about smart underwear?

What would we do without our smartphones? Over one billion will be purchased globally this year, according to the latest data from Euromonitor International. Small wonder, then, that many in the fashion industry are keen to grab a bigger piece of the “smart” action by developing their own lines of wearable technology, from smart socks to smart...

Fashion

How Topshop wields Kate Moss's appeal

OPINION_ “Designer collaborations have become a dime a dozen these days,” pointed out Ashma Kunde, Apparel and footwear analyst at Euromonitor International, referring to the traffic-stopping crowds that flocked to Topshop's flagship store on Oxford Street, when Kate Mosspresented her comeback collection. “But they still give brands a...

Fashion

Made-to-fit 3D printed shoes best of Virgin Media's 'Three New Things'

Made-to-measure-3D printed soles for shoes, solar charging stands for the developing world and 3D-printable plastic satellites were unveiled last night as the 'Three New Things', in Virgin Media Business search for innovated technological start-ups to change lives for good. The most popular of them all, Three over Seven with its 'on-demand...