Fashion retailers' revenue growth to moderate to 10% in FY24 amid

Fashion Retailers: Commenting on the trends, Sakshi Suneja, Vice President & Sector Head, – Corporate Ratings, ICRA, said,“The fashion retail sector has been facing demand slowdown due to inflationary pressures, especially post the last festive season. The slowdown has been more pronounced in the value fashion segment, where the average sales per square feet still remains lower than pre-pandemic levels and has been witnessing a QoQ decline since Q3 FY2023."
Commenting on the trends, Sakshi Suneja, Vice President & Sector Head, – Corporate Ratings, ICRA, said,“The fashion retail sector has been facing demand slowdown due to inflationary pressures, especially post the last festive season. The slowdown has been more pronounced in the value fashion segment, where the average sales per square feet still remains lower than pre-pandemic levels and has been witnessing a QoQ decline since Q3 FY2023.
ETRetail An initiative of The Economic Times

US Fashion 2024: Navigating Resilience Challenges

Industry Report: Footwear Industry's Revenue Growth to Drop from ~28 pc in FY23 to ~7-8 pc in FY24 - Indian Retailer

Chart: Clothing Stores Lead Steep Losses for U.S. Retailers

The State of Fashion 2024 report

Fashion Retailers' Profit Margins to Contract by 120 bps in FY24 - Indian Retailer

U.S.: fashion e-commerce revenue growth 2020-2029

Fashion eCommerce: Top Trends, Stats & Examples for 2023 - Yieldify

Demand Pressures to Moderate Revenue Growth of Indian Fashion Retail Entities to 10 pc in FY24 - Indian Retailer

The State of Fashion 2024 report

28 Dazzling Fashion Industry Statistics [2023]: How Much Is The Fashion Industry Worth - Zippia

Provincial Economic Forecast

Anticipated fashion industry sales growth worldwide by region 2023

Anticipated fashion industry sales growth by retail category worldwide 2020