Trends Outfitting the Fashion Retail Sector
Retailers that fail to adapt to fast-paced technological advances and changing consumer preferences risk falling out of fashionBy IBISWorld Senior Analyst Nikoleta Panteva
From smartphone shopping to aspiring consumers, the fashion retail sector is facing a slew of changes that will reshape the landscape for good. Operators embracing the shift are set to thrive, while those that do not risk losing significant ground.
Fashion retailers have experienced a tough economic environment over the past five years. Unemployment skyrocketed as the housing bubble burst. Consumers tightened their
