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Coresight Bites: Global Fast Fashion—Poised for Strong Growth

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  • Fast fashion, initially refined by H&M and Inditex (the owner of Zara), the world’s two largest apparel and footwear specialist retailers by revenue, has become one of the fastest-growing segments in the global apparel and footwear sector.
  • Coresight Research estimates that the global fast-fashion market grew by around 20% year over year in 2021. In the medium term, Coresight Research estimates that the market will grow at a stabilized high-single-digit percentage rate.

Click the image below to read our Market Outlook report, which explores the global fast-fashion market in detail, including the competitive landscape, key growth drivers and major trends.