Industry Update FY 2024

Hello from ReBO,

We are excited to share our latest insights from leading brands across Sports, Luxury Fashion, Mass Clothing, and Omni-Channel Retail, highlighting notable shifts in key sectors.

• Sports brands experienced strong revenue growth, with some seeing significant gains

• Luxury fashion showed mixed results,  with some brands seeing revenue drops, while others grew maintaining high gross margins

• Mass clothing brands demonstrated steady growth and improved net profits, despite minor revenue declines.

• Omni-channel recorded revenue increases with varied net profits

While challenges persist across sectors, we believe there are ample opportunities for those ready to innovate and embrace change

Wishing you all a strong year ahead.