Apparel Online India Magazine July 2nd Issue 2018 | Page 35

DIRECTIONS BY Athleisure A nother power player affecting the fashion and retail scenario is the wellness market. Brands such as Lululemom, Nike, Urban Outfitters and Target are bridging the gap between consumer’s demand for health and fitness products and the looming novelty of it. According to a statement released by Jane Hali & Associates LLC, ‘Brands and retailers are jumping on the athleisure category in any way they can. Many companies have reported activewear and sneakers (athletic footwear) to be two of their top performing classifications’. Puma has refocused its business on offering sports products, an effort which involves scaling back on its fashion-focused offerings. Furthermore, brands with an athletic focus have been concentrating on growing their womenswear segment as more and more women opt for athleisure pieces. Denim Daze C ontrary to the rise in loungewear and comfort dressing, Spring/Summer 2018 saw an upward spike in denim products where denim jackets and shirts took over the market share from jeans. Gap, American Eagle Outfitters and Abercrombie & Fitch, etc. have all recorded success in their denim sales and are experimenting with new product offerings within their collections. After recording a 24 per cent increase in net revenue in the first half of 2018, Levi’s has upped its full year guidance to 8 per cent. This progression is driven by strong brand growth across all its regions and channels. According to the data revealed via Google Trends, denim is continuing to climb upwards which signals a strong and sustained growth in sales over the next few seasons. Major in-store sell-outs state that consumers are now tilting toward lighter washes, frayed hemlines, and flared silhouettes – like the bell bottoms, bootleg and slim fit styles. www.apparelresources.com | JULY 16-31, 2018 | Apparel Online India 35