Luxury Apparel Retail in Canada Expected to Slow Amid Pandemic: Expert
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COVID-19 is slamming luxury retail and wiping out impressive gains in 2019, according to Trendex.
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Canadian Resale Apparel Market Sees Rapid Growth Amid Retail Slump: Study
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A new report by Trendex says that the second-hand apparel market could be the fastest-growing segment in the industry, and that mainstream retailers could jump on the bandwagon amid a consumer shift.
Read MoreLuxury Apparel Market in Canada to See Continuous Gains into 2023: Report
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A Trendex reports provides insight into the future of retailing in Canada which will include more luxury brand stores as well as the closure of some high-end multi-brand retailers as brands target consumers directly.
Read MoreCanadian Apparel Retailer E-commerce Behind that of US Competitors: Expert
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An industry analyst explains how Canada continues to lag behind the trend when compared to our neighbours to the south, and how the rise of e-commerce will pose an even bigger challenge.
Read MoreIndustry Changes See Underwhelming Growth in Apparel Sales in Canada: Expert
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Randy Harris of Trendex points to slowing trends in the industry and with performance tied to GDP, an economic drop could signal the end of the luxury end of the market.
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