Connect with us

Technology

Online Fashion Retail Market in US to Grow by USD 303.9 Billion from 2025-2029, Rise in Online Spending Drives Growth, Report on How AI is Redefining Market Landscape – Technavio

Published

on

NEW YORK, Feb. 12, 2025 /PRNewswire/ — Report with market evolution powered by AI – The online fashion retail market in us size is estimated to grow by USD 303.9 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  15.6%  during the forecast period. Rise in online spending is driving market growth, with a trend towards growing online sports apparel and footwear industry. However, rising security and privacy concerns related to consumer data  poses a challenge. Key market players include Adidas AG, Amazon.com Inc., ASOS Plc, Backcountry.com LLC, Costco Wholesale Corp., Forever21 Inc., Frasers Group plc, Industria de Diseno Textil SA, Nike Inc., Nordstrom Inc., Penney OpCo LLC, PVH Corp., Ralph Lauren Corp., The Gap Inc., and Under Armour Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Online Fashion Retail Market In US Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2022

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 15.6%

Market growth 2025-2029

USD 303.9 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

14.5

Regional analysis

US

Performing market contribution

North America at 100%

Key countries

US

Key companies profiled

Adidas AG, Amazon.com Inc., ASOS Plc, Backcountry.com LLC, Costco Wholesale Corp., Forever21 Inc., Frasers Group plc, Industria de Diseno Textil SA, Nike Inc., Nordstrom Inc., Penney OpCo LLC, PVH Corp., Ralph Lauren Corp., The Gap Inc., and Under Armour Inc.

Market Driver

The US online retail market is booming, with fashion segment sales reaching an all-time high. Clothing, shoes, and accessories are top categories, driven by tech advancements in fashion e-commerce. Digital shelf analytics helps online businesses optimize their apparel and footwear offerings. Gen Z and millennials dominate the market, favoring mobile commerce and digital wallets. Sustainability and the resale ecosystem are trending, with subscription clothing boxes and app downloads on the rise. Jewelry, watches, and luxury goods are also popular, with a focus on hyper personalization and omnichannel retail. Transparency and traceability are key, as is the integration of digital fashion, NFTs, and social media marketing. Influencer-based live streaming and social-media platforms are driving digital demand. Fashion leaders and executives are embracing these trends to engage online shoppers through digital channels. Athletic apparel and loungewear are current shopping patterns shaping the fashion landscape. 

E-commerce platforms provide significant benefits for sportswear brands in the US market. Unlike physical retail stores, such as multi-brand shops, apparel stores, hypermarkets, supermarkets, and department stores, e-commerce sites offer consumers convenience and access to a vast selection of sportswear. Consumers appreciate the ease of placing orders online, which is accessible 24/7. Additionally, e-commerce platforms offer services like same-day delivery and various discounts that are not available in traditional retail stores. Pre-paid orders enable users to schedule deliveries according to their preferences. In the last two years, due to the COVID-19 pandemic, many sportswear brands have shifted their focus to digital strategies, making their sports apparel and footwear available on e-commerce platforms. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The online retail market in the US fashion segment, including clothing, shoes, and accessories, continues to grow. Tech advancements in fashion e-commerce, such as digital shelf analytics and mobile commerce, drive sales. However, challenges persist. Gen Z and millennials prefer digital wallets and app downloads for shopping. Sustainability and the resale ecosystem are important, with subscription clothing boxes and luxury fashion brands adapting. Hyper personalization and omnichannel retail are key, requiring data analytics and transparency and traceability. Digital fashion, NFTs, and influencer-based live streaming are emerging trends. Brands and online businesses must adapt to changing shopping patterns and the fashion landscape, leveraging social media marketing and social-media platforms for customer loyalty. Worldpay reports digital demand for athletic apparel, loungewear, jewelry, watches, and luxury goods. Online shoppers expect convenience, tech integration, and a seamless shopping experience. Fashion leaders and executives must navigate these challenges and opportunities in the evolving digital retailing landscape.The online fashion retail market in the US faces significant challenges regarding consumer data security. Transactions carry risks such as identity theft and unauthorized access to personal bank accounts. Consumers express concerns over the use of their data for marketing purposes, collected during sign-ups on brand websites or apps. In October 2021, Next Level Apparel, a US clothing manufacturer and e-commerce operator, reported a data breach, compromising users’ sensitive information, including social security, financial, and medical details. Ensuring data privacy and security is crucial for online fashion retailers to maintain consumer trust.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This online fashion retail market in US report extensively covers market segmentation by  

End-userWomenMenKidsProductApparelFootwearsBags And AccessoriesTypeMass MarketPremiumLuxuryGeographyNorth America

1.1 Women-  The online fashion retail market in the US is experiencing significant growth, with the women’s segment holding the largest share. Social media influence and celebrity endorsements are driving demand for women’s apparel, footwear, bags, and accessories. Increasing disposable incomes and female workforce participation are also contributing factors. Brands like Ann Inc., Ralph Lauren, and M.M.LaFleur cater to this segment, offering formal wear and luxury apparel. However, concerns over the fashion industry’s environmental impact are leading to the rise of sustainable and ethical fashion companies, such as MATE the Label, which produces organic, ethically sourced, and locally made apparel for women. These trends are expected to shape the online fashion retail market in the US during the forecast period.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The online retail sales market in the US fashion segment continues to thrive, with clothing, shoes, and accessories leading the charge. Tech advancements have revolutionized fashion e-commerce, enabling digital shelf analytics and personalized shopping experiences. Apparel and footwear brands are embracing digital platforms to reach online shoppers, with luxury fashion also gaining traction. Gen Z and millennials are driving the demand for fashion through social media marketing and influencer-based live streaming. Non-fungible tokens (NFTs) are the latest trend, offering unique digital ownership experiences. Fashion leaders and executives are adapting to these changes, leveraging online businesses to innovate and meet evolving shopping patterns. Athletic apparel and loungewear remain popular categories, while shopping patterns continue to shift towards convenience and personalization. Worldpay and other payment solutions facilitate seamless transactions, ensuring a frictionless shopping experience for consumers.

Market Research Overview

The online retail sales market in the US fashion segment continues to grow, with clothing, shoes, and accessories leading the charge. Tech advancements have revolutionized fashion e-commerce, enabling digital shelf analytics and personalized recommendations. Apparel and footwear brands are embracing the digital age, offering luxury fashion for Gen Z and millennials through digital wallets and mobile commerce. Sustainability and the resale ecosystem are also gaining traction, with subscription clothing boxes and app downloads driving innovation. Jewelry, watches, and luxury goods are also thriving online, with a focus on hyper-personalization and omnichannel retail. Data analytics and transparency and traceability are essential for building customer loyalty in the fashion landscape. Digital fashion, NFTs, and social media marketing, including influencer-based live streaming, are shaping the future of online retail. Online businesses and fashion executives are leveraging digital platforms to meet the demands of shoppers seeking convenience, choice, and a seamless shopping experience. Shopping patterns are evolving, with athletic apparel and loungewear leading the charge, and the fashion industry continues to adapt to the digital age. A recent survey revealed that retailing through digital channels is the new norm, with online shoppers increasingly relying on social-media platforms for discovery and inspiration.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userWomenMenKidsProductApparelFootwearsBags And AccessoriesTypeMass MarketPremiumLuxuryGeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/online-fashion-retail-market-in-us-to-grow-by-usd-303-9-billion-from-2025-2029–rise-in-online-spending-drives-growth-report-on-how-ai-is-redefining-market-landscape—technavio-302374218.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Caladium Systems Launches Happiffie, India’s First AI-powered Celebration Platform

Published

on

By

CHENNAI, India, July 24, 2026 /PRNewswire/ — Caladium Systems today announced the launch of Happiffie, India’s first AI-powered Celebration Growth Platform, introducing a smarter way for customers to discover, compare, book, and manage celebrations while helping businesses connect with high-intent customers through intelligent technology.

Designed for weddings, birthdays, corporate events, social celebrations, parties, festivals, and more, Happiffie brings together over 400 celebration occasions and 1,000+ celebration experiences on a single AI-powered platform.

India’s celebrations industry continues to rely heavily on referrals, manual coordination, inconsistent pricing, and fragmented vendor discovery. Happiffie addresses these challenges by combining AI-powered recommendations, transparent price discovery, secure bookings, payments, and event management into one seamless platform.

A key innovation is Happiffie’s Reverse Auction, where customers simply submit their celebration requirements and verified vendors compete by offering customised proposals. Instead of spending hours searching and negotiating, customers can compare multiple qualified offers and choose the vendor that best matches their preferences and budget.

“Customers can now book the experience of their choice with the vendor of their choice, in the budget of their choice. At the same time, vendors receive qualified business opportunities matched to their category, location and capabilities, creating value for both sides of the marketplace,” said Pradhyumna T Venkat, Founder & CEO, Happiffie.

“Every major industry eventually reaches a point where technology fundamentally changes how it operates. Travel did. Hospitality did. Mobility did. We believe celebrations are next,” added Pradhyumna.

The platform is powered by Experience Intelligence™, a proprietary framework that combines over 15 years of celebration industry expertise with Artificial Intelligence to deliver smarter recommendations based on customer intent, preferences, and celebration needs.

Whether planning a wedding, birthday, corporate event, baby shower, anniversary, or festival celebration, customers can manage the entire journey—from vendor discovery and quotations to payments and execution—through a single platform.

Alongside its launch, Happiffie has opened registrations for vendor partners across Chennai and Tamil Nadu, with a phased expansion planned across India. The platform aims to build one of the country’s largest AI-powered celebration ecosystems, helping businesses generate qualified leads and grow more efficiently.

“Our vision is not simply to build another marketplace but to create the technology infrastructure that powers celebrations. Reverse Auction is the first step towards building a smarter, more transparent, and AI-driven celebration economy that benefits both customers and businesses alike,” added Pradhyumna.

Built on the experience of planning and executing over 5,000 weddings and celebrations, Happiffie combines deep industry expertise with AI to simplify celebration planning and transform how India celebrates.

For more information, visit www.happiffie.com. Vendor registrations are now open at www.happiffie.com/vendor-registration.

About Happiffie

Happiffie is India’s first AI-powered Celebration Platform, connecting customers, venues, event professionals, and celebration businesses through one intelligent ecosystem. Built on over 15 years of industry expertise, the platform combines Artificial Intelligence with Experience Intelligence™ to deliver smarter celebration planning across more than 1,000 celebration experiences spanning weddings, corporate events, birthdays, social celebrations, parties, and festivals.

Contact

Pradhyumna T Venkat
Founder & CEO
pradhyumna@happiffie.com
+91-7299002990

Logo: https://mma.prnewswire.com/media/3007635/Happiffie_Logo.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/caladium-systems-launches-happiffie-indias-first-ai-powered-celebration-platform-302834017.html

Continue Reading

Technology

Beko Publishes 2025 Integrated Report, Charting Years of Progress Toward Net Zero

Published

on

By

As Beko releases its 2025 Integrated Report, the company’s third consecutive inclusion on TIME’s global sustainability ranking — retaining the #1 position in its industry — underscores the progress documented within it.

ISTANBUL, July 24, 2026 /PRNewswire/ — Beko published its 2025 Integrated Report, offering a comprehensive account of the company’s financial, environmental and social performance over the past year. In parallel, Beko has been named one of TIME Magazine’s World’s Most Sustainable Companies for the third year running, retaining the #1 position in its industry. The recognition, awarded in partnership with Statista, independently corroborates years of deliberate, measurable progress.

The report documents concrete results across Beko’s global manufacturing footprint. In 2025:

Energy efficiency projects across production sites saved 69,562 GJ of energy, avoiding 5,297 tonnes of CO₂e emissions.Waste recycling across all manufacturing facilities reached 98.6%, against a target of 99%.Renewable energy installed capacity reached 96 MWp, up from 90.2 MWp the prior year. Beko also reached 63.5% green electricity on the path to 100% across all manufacturing by 2030.Water efficiency and rainwater harvesting projects across locations delivered total water savings of 219,114 m3.

Behind these figures is a broader manufacturing transformation. Three of Beko’s manufacturing facilities have been recognised within the World Economic Forum’s Global Lighthouse Network, with the Ulmi plant earning the additional, and rarer, designation of Sustainability Lighthouse. The principles behind Ulmi’s approach are being extended across Beko’s broader manufacturing ecosystem, as the company scales low-impact production. Beko currently operates 13 smart factories globally — equipped with artificial intelligence, machine learning and robotics capabilities — with a target of 17 by the end of 2026.

On the circular economy side, Beko’s refurbishment centres across multiple locations reintroduced more than 148,000 appliances into the market in 2025 alone. The company recycled 1.98 million WEEE units through its own recycling facilities since 2014, and used 31,665 tonnes of recycled plastics in its products in 2025.

Across its product portfolio, 72.6% of Beko’s turnover in 2025 came from low-carbon products — a figure that reflects both the scale of the company’s energy-efficient product range and growing consumer demand for appliances that address environmental concerns.

“Being recognised by TIME three years in a row matters because it reflects that sustainability is a foundational part of Beko’s business,” said Can Dinçer, CEO of Beko. “Our factories undergo a twin transformation where we encounter both decarbonization and digitalization. That progress is deliberate and measurable, and our Integrated Report sets out exactly how. As the world prepares for COP31, the most credible thing a company can do is demonstrate its work rather than declare it. That is what we are doing.”

TIME’s annual list evaluates more than 5,000 companies worldwide across environmental and social performance, transparency and ESG reporting. Beko’s continued inclusion under increasingly rigorous standards points to a business model where sustainability is structurally embedded across operations, supply chains and product portfolios.

In addition to its Integrated Report, the Company has also published its second TSRS-compliant sustainability report, prepared in accordance with the Türkiye Sustainability Reporting Standards (TSRS), Türkiye’s adoption of the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB). The report is publicly available and provides detailed disclosures on the company’s climate-related risks, opportunities, governance, strategy and performance.

About Beko

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of around 45,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko is the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.7 billion Euros in 2025. Beko’s 28 R&D and Design Centers & Offices across the globe are home to over 2,000 R&D employees and hold more than 4,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the seventh consecutive year (based on the results dated 16 October 2025).** The company has been recognized as the 89th most sustainable company on TIME Magazine and Statista’s 2026 list of the World’s Most Sustainable Companies and has been the sector leader for three consecutive years. Beko’s vision is ‘Respecting the World, Respected Worldwide.’ 

www.bekocorporate.com

*Licensee limited to certain jurisdictions.
**The data presented belongs to Arçelik A.Ş., a parent company of Beko.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/beko-publishes-2025-integrated-report-charting-years-of-progress-toward-net-zero-302833974.html

SOURCE Beko

Continue Reading

Technology

JustMarkets Releases Market Analysis on How Foreign Exchange Markets React to CPI Surprises

Published

on

By

HO CHI MINH CITY, Vietnam, July 24, 2026 /PRNewswire/ — JustMarkets today released a new market analysis examining how foreign exchange markets react to Consumer Price Index (CPI) surprises and outlining key considerations for traders preparing for inflation data releases. The analysis explains why the gap between actual CPI data and market expectations, rather than the headline inflation figure itself, is often the primary driver of currency market movements.

What people often miss on CPI day is that the number itself isn’t what moves the market. The common reaction is to check whether the headline number is high or low, but it’s all priced in advance. According to JustMarkets, the real driver of EUR/USD is the gap between the actual number and what the market was positioned for.

Even an unchanged reading can cause dollar weakness if traders expect higher inflation, while weaker numbers that beat consensus expectations may drive dollar strength. Citing Federal Reserve research, the price driver is a surprise component rather than the headline.

Why the Expectation Gap Is More Important Than the Level

Forex is driven by expectations for interest rate decisions, with inflation impacting central bank policy. Key factors influencing this reaction include:

Main factors:

Monthly CPI and core CPICore services inflationRevisions to the previous period dataCentral banks policy pricing

Year-over-year data is less important in terms of price impact than monthly and core data.

How to Calculate Surprise

Start with the simplest metric: Surprise = Actual CPI − Consensus CPI. 

Consensus comes from the economic calendar’s forecast and reflects the market positioning. And then you need to check the market reaction through rates. The sequence typically runs: CPI surprise → change in front-end yields → USD movement → the sentiment adjustment.

Traders frequently employ this methodology in combination with the JustMarkets Economic Calendar to track high-impact releases in real time.

What the Intraday Move Actually Looks Like

CPI reactions usually happen in three stages. The first one is a headline shock with the potential algorithm’s reaction within a few seconds. Then comes the interpretation stage, with a time frame of 15-60 minutes and analysis of core numbers and yield confirmation. And then either continuation or reversal happens.

Approaches to Trading CPI Day

There are two common approaches to CPI.

The momentum approach requires the consistency of headlines and core surprises with yields’ confirmation. Most traders wait until the first minute’s candle is closed to avoid false signals.The fade approach requires dislocations like the absence of yield confirmation to FX movement or dislocations between headlines and core numbers. In this case, traders wait 10−20 minutes for exhaustion of the initial move and reversal setup search.

Risk management is crucial. Most traders limit their position size to 0.25%-0.50% of their equity because of widening spreads and slippage. Sometimes the decision to trade off is more optimal during extreme volatility than forced entry.

One Way to Prepare for the Next CPI Day Release

A simple way to get ready is to monitor EUR/USD, GBP/USD, USD/JPY pairs and an economic calendar with events’ importance. The workflow is simple: Economic calendar → release → Trading platform.

The final step brings traders to the execution platform. Many turn to JustMarkets, which offers CFDs on these currency pairs, with execution stability and fast market access that make it well suited for high-volatility macro events.

Disclaimer: For informational purposes only. Trading financial instruments involves significant risk and may not be suitable for all investors. Ensure you understand the risks involved and trade responsibly.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/justmarkets-releases-market-analysis-on-how-foreign-exchange-markets-react-to-cpi-surprises-302834023.html

SOURCE Just Global Markets Ltd

Continue Reading

Trending