Fashion and Lifestyle Market 2020 Global Insights and Business Scenario – Amazon. Com Inc, Global Fashion Group (GFG), ASOS Plc, Zalando SE and others.

The Fashion and Lifestyle Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Fashion and Lifestyle Market: Amazon. Com Inc, Global Fashion Group (GFG), ASOS Plc, Zalando SE and others.

Industry News:

03 Mar 2 – GLOBAL FASHION GROUP BREAKS EVEN IN FOURTH QUARTER AND CONTINUES STRONG GROWTH

The Group broke even for the first time, delivering Adjusted EBITDA of €0.7 million. Record Active Customer growth of 17.0% to 13.1 million and orders were up by 20.3% to 10.3 million. Net Merchandise Value (NMV) increased by 22.9% on a constant currency basis to €554 million, while revenue growth in the quarter was 17.7% on a constant currency basis to €417.7 million.
NMV increased by 23.0% on a constant currency basis to €1,778 million, while revenue of €1,346 million was up 17.2% on a constant currency basis. Further progress to profitability, improving full year Adjusted EBITDA margin by 1.5ppt to (2.8)%, with three of four regions breaking even. Performance in line with full year guidance across NMV, revenue, Adj. EBITDA and capital expenditure.

The strong finish to the year was fuelled by a record seasonal events period including Black Friday and Cyber Week across all of GFG’s markets as well as 10.10, 11.11 and 12.12 in Southeast Asia specifically. With more than 70 million site visits and over 2 million processed orders, this seasonal events period generated NMV growth of 36% year on year.

Wednesday 15 Jul 2020
ASOS has vowed to repay the money it claimed from the government’s furlough scheme after enjoying a spike in sales during lockdown. The fashion retailer used £1.8 million to furlough workers during the pandemic but says it has outperformed many of its rivals. Total sales jumped by 10% over four months to hit £1 billion at the end of June, according to a letter sent to investors on Wednesday. International sales grew 17% as many parts of Europe eased lockdown sooner, while sales in the UK fell only modestly due partly to the popularity of ‘lockdown products’ such as loungewear and skincare items. ASOS’ 1% fall in domestic sales stands in stark contrast to the average across the retail sector, which plunged 47% on items excluding food in the three months to the end of June. Meanwhile luxury fashion brand Burberry saw sales nearly halve in the same period, including a 75% drop in Europe.

Market Overview:

Fashion is an area of activity that consists of styles of clothing and appearance. It can also be described as a way of expressing oneself without the use of words. Fashion and lifestyle go hand in hand. Fashion reflects lifestyle and lifestyle is reflected in a person’s outfits and accessories. Fashion is also sufficiently but not necessarily an indicator to a persons financial capability.

The global fashion and lifestyle market can be segmented on the basis of products, gender, distribution channel and price range. Apparels, footwear, beauty products and accessories such as jewelry, handbags, watches etc. are the sub categories of the market under its product segment. Menswear and womenswear are classifications under the gender category. On the basis of distribution channel, the market can be bifurcated into online (e-commerce and fashion retailer websites) and offline (such as physical stores and shopping malls).

The global fashion and lifestyle market is projected to grow at a healthy rate through the forecast period (2019-2023). Improving purchasing capacity due to hike in personal disposable income, hike in number of smartphone users, greater preference of customers to purchase fashion accessories through online channels are some of the crucial factors driving the growth of the market. The market is also confronted by some challenges such as rapidly changing consumer preferences, high risk of inventory write off and vulnerability to technological disruptions.

Efforts by fashion retailers to provide a more personalized experience, generation Z evolving as a lucrative customer segment, innovations through technology, revamping offline shopping experiences, spike in Mergers and Acquisitions (M&A) transaction activity and emergence of athleisure are some of the latest trends existing in the market that have been captured in this report.

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Regional Analysis For Fashion and Lifestyle Market:

For comprehensive understanding of market dynamics, the global Fashion and Lifestyle market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Fashion and Lifestyle Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2026.

Following are major Table of Content of Fashion and Lifestyle Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.

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