NEWS
THE MENSWEAR INDUSTRY BY
NUMBERS
• The UK men’s clothing market grew by 2.8% in 2016 to reach £14.5 billion and although the menswear sector still only accounts for 27% of the total clothing market, it is growing at more than twice the rate of the women’s clothing market
• Menswear is predicted to grow by 12.43% between 2016 and 2021 to reach £16.2 billion
• 52% of men have purchased designer fashion in the last three years compared with 43% of women
• More than a third (39%) of designer fashion consumers are interested in bespoke services to get items tailored to them
• 17.4% growth in online sales of menswear between 2010 and 2015 outpacing all other categories. IbisWorld predicts that online menswear also stands to grow more than other selected categories with an annual average of 14.2% between 2015 and 2020
“The breadth of talent and diversity of our LFWM designers, contributors and collaborators is a
testament to the vibrancy and openness of London,” says Caroline Rush of the British Fashion Council
• $440bn (£298bn) worth of sales in menswear globally in 2014. $40bn (£27bn) further sales predicted in the menswear apparel market reaching $480bn (£325bn) by 2019
TISCI TAKES THE REINS AT BURBERRY
ICCARDO TISCI, A GRADUATE OF Central Saint Martins in London, has been appointed chief creative officer at Burberry. He will direct all collections and present his first for the brand in September. Riccardo, a critically acclaimed designer with expertise across womenswear, menswear, leather goods and accessories, joins Burberry after more than a decade at Givenchy, where he was creative director from 2005 to 2017. “I am honoured and delighted to be joining Burberry,” he said. “I have an enormous respect for Burberry’s British heritage and global appeal and I am excited about the potential of this exceptional brand.” Burberry CEO Marco Gobbetti added: “Riccardo is one of the most talented designers of our time. His designs have an elegance that is contemporary and his skill in blending streetwear with high fashion is highly relevant to today’s luxury consumer. Riccardo’s creative vision will reinforce the ambitions we have for Burberry and position the brand firmly in luxury.” n
R
“I am honoured and delighted to be joining Burberry,” says Riccardo Tisci
SAVILE ROW STYLE MAGAZINE 11
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