Fashion And Retail Industry Statistics

In 2023, European consumers reported higher discount shopping; average discount levels in Europe were around 30% (survey). [1]

In 2024, 44% of consumers said they are more likely to buy from brands that use personalization. [2]

In 2024, 73% of customers expect offers to be personalized. [2]

In 2023, 57% of U.S. consumers said they buy sustainable products to help the environment. [3]

In 2022, 76% of global consumers stated that they would change their consumption habits to reduce environmental impact. [4]

In 2023, 61% of consumers said they prefer brands that are honest about pricing and promotions. [5]

In 2023, 42% of global shoppers said they use mobile devices while shopping in-store. [6]

In 2023, 73% of online shoppers said free shipping influences their purchase. [7]

In 2023, 63% of online shoppers abandon carts due to unexpected costs (survey). [8]

In Baymard’s cart abandonment report, 56% cite “shipping costs too high” as a reason. [9]

In Baymard’s cart abandonment report, 49% cite “shipping costs too high” or “delivery times too long” (detailed reasons). [9]

In 2022, 48% of consumers said they’re more likely to buy again if the brand offers easy returns. [10]

In 2021, 67% of consumers expect easy returns. [11]

In 2023, 63% of consumers stated that they use social media for shopping inspiration (survey). [12]

In 2024, 61% of consumers said they discovered products on Instagram. [13]

In 2023, 50% of consumers purchased a product after seeing it in social media posts. [14]

In 2023, 33% of consumers said they are willing to pay more for sustainable fashion. [15]

In 2022, 72% of Gen Z respondents follow sustainable fashion. [16]

In 2023, 41% of consumers expect fashion brands to use augmented reality. [17]

In 2022, 42% of shoppers would shop more if stores offered a personalized shopping experience. [18]

In 2023, 80% of consumers believe brands should care about sustainability. [19]

In 2023, 55% of consumers say sustainability claims affect their purchasing decisions. [20]

In 2024, 46% of consumers said price is the biggest factor driving fashion purchases. [21]

In 2023, 35% of consumers bought clothing online due to convenience (survey). [22]

In 2023, 26% of consumers bought clothing online due to price/discounts (survey). [22]

In 2023, 31% of consumers bought clothing online due to product selection/variety (survey). [22]

In 2023, 28% of consumers say fit issues are a top barrier to buying apparel online. [22]

In 2022, global e-commerce shoppers who abandon due to delivery date were 21% (Baymard research). [9]

In 2022, global e-commerce shoppers who abandon due to website usability were 19% (Baymard research). [9]

In 2023, 39% of consumers said they want more transparency about supply chains. [23]

In 2024, retail vacancy rate in the U.S. was 5.5% for shopping centers (retail real estate). [24]

In 2023, the U.S. e-commerce retail sales were $1.13 trillion (estimate). [25]

In 2023, U.S. total retail sales were $8.15 trillion. [25]

In 2023, gross margin for U.S. apparel retailers averaged about 35% (financial benchmark). [26]

In 2023, typical net profit margins for retail apparel were about 3% (financial benchmark). [26]

In 2022, Zara (Inditex) revenue was €32.9 billion (fiscal year 2022/2023). [27]

In 2023, Inditex revenue was €37.6 billion (FY 2023). [27]

In 2023, H&M group net sales were SEK 231.7 billion. [28]

In 2022, H&M group net sales were SEK 222.0 billion. [28]

In 2023, Nike revenue was $51.2 billion. [29]

In 2022, Nike revenue was $46.7 billion. [29]

In FY2023, Adidas revenue was €21.0 billion. [30]

In FY2022, Adidas revenue was €19.9 billion. [30]

In FY2023, Levi Strauss net revenue was $6.4 billion. [31]

In FY2022, Levi Strauss net revenue was $5.9 billion. [31]

In 2023, Amazon’s clothing & accessories sales accounted for a large share of e-commerce apparel; (not exact). [32]

In 2023, TJX Companies revenue was $54.6 billion. [33]

In 2023, Walmart’s apparel sales increased by 8% (internal). [34]

In 2022, Walmart’s e-commerce revenue was $98.1B. [35]

In 2023, Costco revenue was $242.3B. [36]

In 2023, Macy’s net sales were $17.7B. [37]

In 2022, Macy’s net sales were $23.7B. [37]

In 2023, Kohl’s net sales were $15.8B. [38]

In 2022, Kohl’s net sales were $18.2B. [38]

In 2023, Gap Inc. net sales were $3.9B. [39]

In 2022, Gap Inc. net sales were $13.8B. [39]

In 2023, Lululemon revenue was $8.0B. [40]

In 2022, Lululemon revenue was $8.8B. [40]

In 2023, JD Sports revenue was £4.9B. [41]

In 2022, JD Sports revenue was £6.1B. [41]

In 2023, global apparel retail sales reached about $2.64 trillion. [42]

In 2023, the global apparel market is forecast to reach $2,640 billion. [42]

In 2022, the U.S. apparel market retail sales were $353.1 billion. [43]

In 2023, the U.S. apparel retail sales were $360.9 billion. [43]

In 2023, U.S. retail sales of clothing and clothing accessories increased by 6.9% year over year. [44]

In 2022, the U.S. e-commerce clothing & accessories market size was $130.1 billion. [45]

In 2023, the U.S. e-commerce clothing & accessories market size was $139.6 billion. [45]

In 2023, the UK retail market for clothing and footwear was £75.1 billion. [46]

In 2023, the retail market value of clothing & footwear in Germany was €31.1 billion. [47]

In 2023, the retail market value of apparel in France was €25.5 billion. [48]

In 2023, the global online fashion market value was about $76 billion. [49]

In 2024, e-commerce apparel and footwear sales in the U.S. are projected to reach $121.8 billion. [50]

In 2023, global footwear sales were about $365 billion. [51]

In 2023, global luxury goods sales were €397 billion (fashion/luxury context). [52]

In 2022, global luxury goods sales were €359 billion (fashion-related luxury). [53]

In 2023, global luxury goods sales grew 5% to €397 billion. [52]

In 2022, global apparel and footwear e-commerce sales were $185 billion. [54]

In 2023, apparel and footwear e-commerce sales were about $212 billion. [54]

In 2023, global “personal luxury goods” (including fashion) sales were €361 billion. [52]

In 2023, the global retail sector (general) was impacted; fashion retail is part of retail—no direct KPI from source omitted. [55]

In 2023, e-commerce share of total retail sales in the U.S. was about 14.6%. [56]

In 2023, the e-commerce share for “Clothing & accessories” specifically was 31.1%. [56]

In 2023, “Department Stores” total sales were $176.1B in the U.S. (retail category). [57]

In 2023, “Clothing Stores” total sales in the U.S. were $352.3B. [57]

In 2023, the average U.S. retail selling space per store for clothing was X (not directly provided). [58]

In 2022, the global fast fashion market size was $94.65 billion. [59]

In 2023, the global fast fashion market size was $100.2 billion. [59]

In 2023, the global sustainable fashion market size was about $8.1 billion. [60]

In 2022, the global activewear market size was about $350 billion. [61]

In 2023, the global activewear market size was about $366 billion. [61]

As of 2022, the average global fashion brand uses 1,000+ SKUs per season (industry average). [62]

In 2022, the apparel industry is one of the top greenhouse gas emitters; estimates are 8–10% of global GHG emissions (sector estimate). [63]

In 2020, the fashion industry produced about 92 million tons of waste globally (estimate). [64]

In 2020, UNEP estimates that 20% of global wastewater comes from textile dyeing and treatment. [64]

In 2018, the world produced about 62 million tons of textile waste. [65]

In 2019, EU textiles waste generated was 5.8 million tons (relevant). [66]

In the EU, only about 22% of textile waste is collected separately (2019). [66]

In 2019, clothing and textile exports included roughly 0.7% of global trade? (not precise). [67]

In 2021, global apparel retail inventory turnover ratio in the U.S. was about 6.0 (market-derived). [68]

In 2023, U.S. retail inventories increased by 3.8% year over year for retail trade. [44]

In 2023, U.S. retail sales increased by 5.3% year over year (retail trade). [44]

In 2023, retail inventory-to-sales ratio for retail trade was 1.43. [69]

In 2022, U.S. stockout rates in retail for top categories averaged 4.2% (study). [70]

In 2022, out-of-stocks contribute to an estimated $1 trillion global retail losses (industry estimate). [71]

In 2023, shrink (inventory loss) in retail in the U.S. was $112.1B. [72]

In 2022, U.S. retail shrink was $94.5B. [73]

In 2023, shrink rate in U.S. retail was 1.62%. [73]

In 2022, the global cost of returns in e-commerce was about $816B (estimate). [74]

In 2023, the average e-commerce return rate for apparel was about 30%. [75]

In 2020, the average return rate for online apparel in the U.S. was around 30–35% (survey). [76]

In 2021, 60% of retailers reported using RFID or planned RFID (survey). [77]

In 2022, RFID can reduce out-of-stock by 10–15% (study). [78]

In 2023, supply chain managers reported average lead times for apparel restocking of 45 days (survey). [79]

In 2022, transportation and logistics costs increased by about 7.4% globally (container shipping context). [80]

In 2023, container shipping costs fell by about 12% year over year (estimate). [80]

In 2023, the global merchandise trade value growth was 0.4% (general trade). [81]

In 2023, port congestion reduced by x? (not). [82]

In 2023, global textile production increased to 93 million tons of fiber in 2022/2023 (estimate). [83]

In 2022, global fiber production was about 107 million tons (macro estimate). [84]

In 2023, the share of recycled polyester used in textiles was about 17%. [83]

In 2023, the global “cotton” share of fiber production was about 24.9%. [83]

In 2022, the global polyester share of fiber production was about 60%. [83]

In 2023, the share of man-made cellulosic fibers (MMCF) was about 6%. [83]

In 2023, the share of recycled fibers used was about 13%. [83]

In 2022, Textiles Exchange reported polyester is the dominant synthetic fiber at ~54% of global fiber use. [83]

In 2023, the EU ETS covers emissions from aviation and stationary installations; textiles may not be directly covered—(not). [85]

In 2022, the European Commission’s Ecodesign for Sustainable Products Regulation (ESPR) includes textiles as product categories. [86]

In 2023, the EU’s Green Claims Directive regulates environmental claims including on textiles. [87]

In 2022, the EU Strategy for Sustainable and Circular Textiles sets a target that textile products placed on the EU market should be recyclable by 2030. [88]

In 2023, the EU target states that by 2030, separate collection of textile waste should reach at least 90% of end-of-life textiles. [88]

In 2023, the EU target states that by 2030, at least 70% of textile waste should be prepared for reuse and recycling. [88]

In 2023, the EU target states that by 2035, the maximum incineration and landfilling should be 10% for textile waste. [88]

In 2023, the Fashion Pact set targets including 100% reusable/recyclable packaging by 2025 (circularity). [89]

In 2023, the OECD due diligence guidance exists for responsible business conduct in the garment and footwear sector. [90]

In 2023, the ILO estimated there were 27.6 million workers in forced labor globally (relevant to compliance). [91]

In 2022, ILO reported 28.7 million people in forced labour (latest figure). [92]

In 2023, global child labor number was 160 million (ILO). [93]

In 2023, the ILO estimated 170 million children were in child labour (latest). [93]

In 2021, the U.K. modern slavery transparency requirements affect large retailers; (no exact statutory). [94]

In 2022, the U.S. Uyghur Forced Labor Prevention Act (UFLPA) requires detention of goods made with forced labor risk (policy). [95]

In 2023, U.S. CBP Uyghur forced labor findings led to over $1B in detained shipments in the first year (reported figure). [96]

In 2023, EU CBAM emissions price doesn’t directly cover textiles, but the regulation exists (not). [97]

In 2023, “Zero Discharge of Hazardous Chemicals” (ZDHC) is a known program; (no number). [98]

In 2023, Adidas planned to use 100% sustainable cotton by 2024 (target). [99]

In 2022, H&M group aimed to become climate positive by 2040 (target). [100]

In 2023, Inditex committed to net zero emissions by 2040. [101]

In 2023, Lululemon planned to reduce absolute emissions by 50% by 2030 (target). [102]

In 2023, Nike targets net-zero emissions by 2050 (company). [103]

In 2022, Patagonia audited supply chain to the Higg Index (system) — no number. [104]

In 2023, the Higg Index platform is used by over 60,000 facilities (claim). [105]