Retail news - Apparel Architects

Dec152023 by Faraz Khan1 Comment

European retailers target mid-America

News, Global

European retailers target mid-America European clothing stores like Zara, Primark and Mango are opening up more shops in the middle of the USA, like states like Utah, Colorado and Tennessee. This is because more people are moving there compared to the coasts. These stores used to open on the East Coast and California mostly, but now they're going more central because more people are living there who want to buy their clothes. Texas, Utah, Colorado, and Georgia are some of the fastest-growing states in the USA. For example, Zara opened new stores in San Antonio, Texas and Baton Rouge, Louisiana. They also opened stores in Nashville, Denver and Murray, Utah in the past few years. The population of Nashville grew 24% in 10 years and Denver's population grew 13%. Zara plans to open, ...

Dec152023 by Faraz KhanNo Comments

Golf Clothing Market Projected to Soar Past $1.5 Billion by 2030

News, Retail News

Golf Clothing Market Projected to Soar Past $1.5 Billion by 2030 The world of golf apparel is enjoying a birdie-bright future, with a new forecast predicting a stunning 6.0% annual growth rate and a total market value exceeding $1.55 billion by 2030. This exciting news for golf enthusiasts and industry players alike suggests a green haven amidst uncertainties in other sectors. Driving the Growth: Rising Participation: Golf is experiencing a resurgence in popularity, driven by factors like increased disposable income, health and wellness trends, and the accessibility of driving ranges and simulators. This surge in participants is translating into higher demand for golf clothing. Technological Advancements: Performance fabrics, breathable materials, and moisture-wicking technolog...

Dec132023 by Faraz KhanNo Comments

Singapore’s Apparel Imports from China Dip Slightly in 2023

News, Global

Singapore's Apparel Imports from China Dip Slightly in 2023 Singapore, December 13, 2023: While still the dominant source of apparel imports, China's share of Singapore's garment imports experienced a slight decline in 2023, according to recent data. This development, while modest, reflects a potential shift in Singapore's sourcing strategies and aligns with broader trends in the global apparel industry. Details: Although the exact figures are yet to be released, industry reports indicate a slight dip in China's share of Singapore's apparel imports in 2023. This follows a period of sustained growth, where China had been the leading supplier of apparel for Singapore for several years. The reasons for the decline are multifaceted and include: Rising production costs in C...

Dec132023 by Faraz Khan1 Comment

Pakistan, China Strengthen Trade Ties: New Initiatives Aim for Growth

News, Retail News

Pakistan, China Strengthen Trade Ties: New Initiatives Aim for Growth Islamabad, Pakistan, December 13, 2023: Strengthening their long-standing economic partnership, Pakistan and China have vowed to further enhance their bilateral trade. During a high-level meeting, officials from both countries expressed their commitment to reaching a $20 billion trade target by 2025. Pakistan and China have reaffirmed their commitment to boost bilateral trade and investment by reviewing their free trade agreement and implementing the findings of a joint study by their commerce ministries. In a meeting between Pakistan’s Commerce Minister Dr Gohar Ejaz and Chinese Vice Minister Li Fei in Beijing, the two sides also discussed the progress of the China-Pakistan Economic Corridor (CPEC). Dr Gohar Ejaz ...