DUBLIN--(BUSINESS WIRE)--Sep 6, 2018--The "Global Luxury Apparels Market - Segmented by Product Material , End User, Distribution Channel, and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global luxury apparels market is expected to register a CAGR of 12.3% during the forecast period, 2018 to 2023.

Increasing communication between consumers and key players through social media platform and online retail stores is driving the sales of latest trendy luxury apparels. Rise in online transactions are supporting the market growth of luxury apparels from last few years. Consumers specific offers and attractive promotions & advertising through magazine and social media is influencing the sales of luxury apparels as nearly half of luxury apparel buying decisions are majorly inclined by what consumers see or hear from offline and online platforms.

Market Trends

Acceptance of Latest Fashion Trends by millennial to Drive the Luxury Apparels Market Growth Online Channel Expected to Witness Rapid Growth North America to Dominate the Luxury Apparels Market Share

Key Developments in the Luxury Apparels Market

July 2018: Reliance Brands has acquired 12.5% of stake in luxury apparel firm Future101 Design for USD 1.385 million. Future101 is engaged in manufacturing, distribution and sale of luxury apparels in India. Jun 2018: Luxury women's apparel retailer Moda Operandi recently launched Moda Operandi Man, marking the first time the e-retailer has sold men's apparel. Moda Operandi Man debuted with more than 50 luxury brands, including Prada, Maison Margiela, Givenchy, Ralph Lauren, Balmain and Burberry, among others.

Key Topics Covered:

1. Introduction

2. Luxury Apparels Market Insights

3. Luxury Apparels Market Dynamics

4. Luxury Apparels Market Segmentation

5. Luxury Apparels Market By Geography

6. Luxury Apparels Market Competitive Landscape

7. Company Profiles

Herms International S.A Versace Kering SA Prada S.P.A Dolce and Gabbana LVMH Moet Hennessy Louis Vuitton S.E Burberry Group Inc. Giorgio Armani S.P.A Ralph Lauren Corporation Ermenegildo Zegna Hugo Boss A.G Kiton

For more information about this report visit https://www.researchandmarkets.com/research/zkgj68/global_luxury?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180906005760/en/

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Related Topics:Clothing

KEYWORD:

INDUSTRY KEYWORD: LUXURY RETAIL FASHION

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/06/2018 12:35 PM/DISC: 09/06/2018 12:35 PM

http://www.businesswire.com/news/home/20180906005760/en