CFDA Says Menswear Will Gross $40 Billion By 2019

Published

9 years ago

March 31, 2015

Photo: WENN

Fashion analysts should be pleased with the latest data released on the apparel and footwear industry. According to Euromonitor International’s new information, the menswear industry has grown by leaps and bounds by 4.5 percent ($440 billion), as of 2014. This is in comparison to the 3.7 percent growth in womenswear with $662 billion.

The statisticians believe that the growing focus on personal appearance “combined with large disposable incomes” will allow the menswear industry to contribute close to $40 billion in the global apparel market by 2019. “Globally, men’s annual disposable income is still 50 percent higher than women’s and while Western markets still spend the most on apparel, future growth is expected to be driven by Asia Pacific,” said Head of Apparel and Footwear research, Magdalena Kondej in the survey.

Specifically, jeans, jackets, and coats worn by men are forecasted to be the top performers between 2014-2019, as well as men’s shirts.

Traditionally, brands such as Prada, Gucci, and Dior have focused almost exclusively on womenswear, but now with the trends changing, these companies and others have begun to open separate menswear stores. Department stores are also looking to cater to a male demographic by revamping its menswear areas. Lacoste most recently entertained StyleBlazer and showed off its updated menswear apparel, which we’re excited to see hit the streets this fall.

Other brands such as Burberry and Zara have entertained the idea of opening standalone menswear stores to take advantage of the changing tides within the fashion industry. “Menswear presents a great opportunity for fashion brands looking to diversify their product portfolios and reach out to new consumers,” added Kondej. “The more effectively brands are able to harness wealth and unique consumption cultures of male consumers, the more successful they will be. It is in that perspective that New York will launch its first menswear fashion week in July 2015, following London’s path in 2012.

Such exciting times for men will certainly propel fresh faces and new personalities into the fashion industry marketplace, you think?! If interested to learn more about Euromonitor International’s Apparel and Footwear research, please visit this link for more information.

With that in mind, we take a look at 15 highly respected men and menswear lines in fashion.

The post CFDA Says Menswear Will Gross $40 Billion By 2019 appeared first on StyleBlazer.

Videos

Blast Off “44ever” With @Logic301

Published

18 hours ago

April 19, 2024

Big C

Logic has lyrical talent out of this world! Pack up your space suit because Logic is taking 15 of his day one fans on an interstellar trip with the release of 44ever. Shot on the spaceship set of the Aquarius III, music video directors Clemente and Henry Smisek highlights two scientists as crew members Dr. Moogega Cooper and Dr. Aniali Tripathi. In a first of its kind collaboration, Logic has partnered with LabX – a program of the National Academy of Sciences, launching LabX’s new initiative called LabX Out Loud. In preparation for the release of his ninth studio album Ultra 85, stream your copy of the single here. Watch the official video below and follow Logic on INSTAGRAM, TIK TOK, X, FACEBOOK, and YOUTUBE.

Audio

Skilla Baby Teases New Project With “Free Big Meech”

Published

21 hours ago

April 19, 2024

Big C

Save the date because April 26 comes the latest project The Coldest. Skilla Baby is poised for the announcement by unveiling a brand new single Free Big Meech. Produced by MIA JayC and Lee Choppn, this single hinges on tense synths and punchy 808s, while Skilla Baby unleashes a vital verbal flurry. Paving a lane to the forefront of the game at high-speed, rising Detroit rapper spoke on the project:

I took my time to put this project together… Sometimes, I feel like people try to place me in a box. The pressure of being a new artist, being successful, staying disciplined, and still clocking into the studio is very strenuous. But fun at the same time. As an artist, I’m known as the “Girl’s guy”. But I’ll never forget I come from the streets. As a real person, I feel so many emotions (mad, sad, happy, anxious, etc.). I say that to say, sorry for the wait but I wanted to put everything I feel into one project. Grab your coats…

Next up, the Vultures Eat The Most Tour takes him across the country on his most extensive jaunt yet. He also joins forces with New Orleans heavy-hitter Rob49 to co-headline the tour with tickets available here. This year is gearing up to be the coldest yet so pre-order your copy of the project here. Stream the official audio below and connect with Skilla Baby 0n Instagram, TikTok, and YouTube.

Videos

“Wake Up” With Young Franco & Master Peace

Published

22 hours ago

April 19, 2024

Big C

It’s harder to wake up when you have mundane ish to do. Unveiling a brand new music video, Young France recruits UK Indie sensation Master Peace for huge new track Wake Up. Life becomes easier when you’re on the path to becoming a rockstar. The music video, shot in the UK, follows Young Franco and Master Peace individually, through a first-person lens as they undertake “mundane” daily activities until they then meet and begin to enjoy the iconic streets and taxis of London together. Franco spoke on the track:

Working with Master Peace has been an amazing experience. I found out about his project via his record “Eyes on You” and have wanted to work with him since that moment. I was writing a bunch of tracks in 2020. One of them being an early version of Wake Up, which I wrote with Elliot from Delta Riggs. I connected with Master Peace online and once I got to London last year, we smashed this in a couple of hours. His new record is fantastic and I’m super excited how this one turned out. Special mention to Danio from Husky Loops for some added production too.

Young Franco has started 2024 off with a bang, where he teamed up with UK rapper S1mba for the release of the funk laid hip hop track HITA. Wake Up follows a busy year of touring already, where he has done a sold out run of Europe with a string of sold-out shows in the USA. Young Franco has accumulated over 200 million streams and plans to continue to put Astralwerks Records on the map. Stream your copy of the single here and watch the dreamlike visual below. Stay connected with Young Franco on Instagram, Facebook, and Soundcloud.