CFDA Says Menswear Will Gross $40 Billion By 2019
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.
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The post CFDA Says Menswear Will Gross $40 Billion By 2019 appeared first on StyleBlazer.
Not everyone can be a winner. Detroit native and hip-hop sensation 42 Dugg is back with a fiery new single, Win Wit Us. The track, a precursor to his highly anticipated album 4eva Us, Neva Them, showcases Dugg’s signature style and lyrical prowess. In the brand new single, produced by FLEXONTHEBEAT, TyMaz, and Marshak, Dugg calls out those who try to ride his wave without putting in the work, cementing his stance in the rap game. The release is accompanied by an official music video directed by Counter Point, where Dugg and his crew dominate the streets and clubs of Detroit, visually reinforcing his message of loyalty and resilience. Dugg raps in the hard-hitting track:
All of sudden they wanna win wit us / But ain’t spin with us.
Dugg previously teased this new era of his music with a trailer featuring Hill Harper, further building anticipation among his fans. “Win Wit Us” follows a series of recent hits including Wock N Red, SpinDatBac, and Go Again. Earlier this year, Dugg made a triumphant return to the stage with a sold-out “Welcome Home” show at Detroit’s Little Caesars Arena, featuring appearances by superstars like Meek Mill, Yo Gotti, Lil Baby, and more. Notably, the event saw Dugg unite Detroit’s rival hip-hop factions, Doughboyz Cashout and Team Eastside, in a historic move to end the city’s East-West beef. Fans can expect even more groundbreaking music from Dugg as he gears up for his upcoming album. Don’t miss out on the latest single available for streaming here and watch the music video below. Link up with 42 Dugg on Twitter, Instagram, and YouTube.
Indianapolis’ own Reckless Rhymacide has just released his latest track, “It’s Yo Birthday,” produced by the renowned Whodunit Beats. This fresh spin on the classic “Happy Birthday” song brings a catchy vibe, making it a perfect fit for nightclub atmospheres and adult birthday parties. With its catchy beats and modern twist, the track is set to become a staple for birthday celebrations everywhere, offering a new, exciting way to mark the occasion.
Reckless Rhymacide’s “It’s Yo Birthday” showcases his unique flair for blending contemporary sounds with familiar themes, ensuring the song resonates with a wide audience. Whodunit Beats’ production enhances the track with deep, rhythmic basslines and sleek instrumentation, creating an immersive experience that draws listeners in. As the song gains traction, it’s poised to redefine how birthdays are celebrated, combining tradition with a fresh, energetic sound that captures the essence of today’s music scene.
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