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Luxury and FashionOur global industry experts explore the key trends shaping consumer preferences that drive fashion and luxury, using timely insights to stay one step ahead of the latest innovations and business strategies.
The global Apparel and Footwear industry remains strong posting over 4% value growth in 2015, slightly up from previous year. US, China and India contributed to more than half the absolute value gained. The strengthening of the US$ heavily impacted big operators, especially those with considerable production outsourced. Consumers continued favouring affordable and fashion-driven clothing and footwear, which led to further average unit price declines.
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