Main opportunities and challenges for global fashion retail brands 2023

Published by Statista Research Department, Nov 26, 2024
A 2022 survey among fashion executives worldwide found that the biggest opportunity ahead for fashion retailer brands was sustainability. 16 percent of respondents mentioned this field as an opportunity for the industry in the year ahead. Inflation and the economic downturn was stated as the biggest challenge to the industry for 2023.

Biggest challenges and opportunities for fashion retail brands worldwide in 2023

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Release date

November 2022

Region

Worldwide

Survey time period

August to October 2022

Number of respondents

196 respondents

Special properties

fashion executives

Supplementary notes

The top three answers are displayed

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Statistics on " Fashion e-commerce in the United States "

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Overview

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Leading players

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Consumption

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Apps

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Spotlight: Resale

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