Newly released data reveals a significant shift in the fashion industry, with mid-market fashion brands demonstrating faster growth compared to their luxury counterparts. According to the report by Lectra and Retviews, mid-market fashion is capitalizing on versatility and accessibility, making it increasingly popular among consumers. This trend highlights a shift in consumer preference towards more affordable and flexible fashion options, suggesting that the allure of mid-market apparel lies in its balance of style and value. As luxury brands struggle to maintain their former growth pace, mid-market competitors are innovating and rapidly gaining market share. The report underscores the importance of strategic pricing and appealing product offerings in driving sector growth. Brands in the mid-market segment are set to expand further, capturing a larger audience with their adaptive strategies and understanding of market trends.
Just StyleNew data shows 151,000 Students from First CBE Cohort Fail to Finish Junior School
Alarm has been raised as fresh data from the Kenya National Examinations Council (KNEC) reveals that over 151,000 students from the first Competency-Based Education (CBE)