By  on February 7, 2018

LONDON — The global apparel and footwear market rose 4 percent to $1.7 trillion in 2017 in terms of retail sales value, according to Euromonitor International, the market research provider. The company also said that even as clothing sales climb, traditional fast fashion could be on the wane as Millennials favor more individual looks.

Sportswear grew 6.8 percent to $300 billion, while children’s wear was up 6.2 percent to $160 billion. Both categories outpaced men’s wear and women’s wear, which grew 3.7 and 3.3 percent, respectively, to $419 billion and $643 billion.

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