Industry Update 2023

Hello from ReBO,

As we embark on the 2nd quarter of 2024, we are thrilled to bring you our latest insights into the retail industry, focusing on select brands within the sports, luxury, and mass clothing sectors

In the sports market, Nike continues to reign supreme, while adidas is making strides through its focus on Direct-to-Customer (DTC) sales. Asics and Skechers maintain their steady performance, In the luxury segment, LVMH, Hermes, and Hugo Boss are delivering robust profits. Meanwhile, in the mass clothing sector, Inditex continues to lead the pack.

Despite the ongoing challenges posed by economic uncertainties and global tensions, the future of retail remains bright. Thanks to advancements in technology like generative AI, retailers can streamline operations, boost productivity, and create enhanced customer experiences