Spending will increase by 30% year-on-year! In 22 years, American consumers have a high demand for this category!

It is learned that according to research by online research organization Stitch Fix, in the 12 months of 2021. American consumers' demand for clothing and shoes is very strong, far exceeding the level before the epidemic (2019).

Stitch Fix's survey also pointed out that U.S. consumer spending on clothing and footwear is expected to increase 30% year-on-year in 2022, and online sales are expected to account for 32% of total sales.

It is learned that in 2019, online sales in the clothing and footwear categories accounted for 26% of total sales. By 2020, this figure jumped to 36%.

According to reports, Bangladesh is a major exporter of clothing and footwear to the U.S. market. From July to December 2021, the transaction volume of Bangladesh's clothing exports to the United States reached 4.23 billion U.S. dollars, a year-on-year increase of 45.91%.

It is reported that currently, a large number of Western retailers and brands are seeking OEM factories in Bangladesh in an attempt to reduce their excessive dependence on a single manufacturing source.

Stitch Fix said it is seeing rising demand for blazers, knit tops and jeans (straight-leg and wide-leg) as Americans head back to work and school.

Editor ✎ Nicole/

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