Top 10 Facts About the Fashion Industry You Didn't Know

AN INTRODUCTIONWe take a look at the fashion industry and how it has impacted the apparel sales worldwide.Fashion shows have grown from their humble beginnings in New York, are now the trend setters for the apparel manufacturing industry. Though late entrants to the fashion game, both men’s wear and children’s wear are slowly catching up!One can never have too many clothes! Well, the fashion industry would definitely agree. With womenswear growing into a 600 billion plus industry, its but natural that women’s apparel would be dominating the fashion industry as well as apparel sales.

FASHION SHOWS

• From being limited to garment manufacturers and traders, today fashion shows have come a long way.

• Till date, the New York Fashion show is considered the most prestigious. It is the trend setter of fashion shows!

FASHION FACTS

• New York, London, Milan and Paris together make up the Big Four in the Fashion world.

• With so many arrangements to be choreographed and synchronized, all fashion shows traditionally begin 30 minutes late!

FASHION INDUSTRY

• The amount of footfalls fashion shows receive are huge! A minimum of 232, 000 people attend fashion shows each year!

• Growing exponentially each year, today the fashion industry generates revenues that are mind boggling.

APPAREL INDUSTRY

• Women’s wear, men’s wear and children’s wear are the most money grossing categories of apparel.

• While the women’s wear industry has crossed 600 billion, menswear industry is slowly catching up with 400 billion dollars!

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