Why Is it a wise Business decision to invest in Inclusive fashion?
In the current fashion landscape, brands that prioritize the needs of everyday individuals are becoming more than just a product statement. They are a profitable business with strong numbers backing. Investing in an inclusive fashion brand is not only ethically viable, but also a strategic, high-growth venture
Taking Advantage of an Enormous, Unrecognized Territory
The fashion market is larger than the world’s population $2.5 trillion , yet traditional brands have long targeted a narrow segment that only represents a fraction of consumers. Recent studies suggest that around 70% of women A comparable number of men feel alienated by the conventional, idealistic descriptions of attractiveness
By focusing on the needs of everyday consumers, inclusive brands are tapping into a vast, untapped market. Rather than competing for a share in an already saturated premium segment, these brands can broaden the customer base and capture the majority market share
Growth Acceleration in Inclusive Fashion Segment
The figures demonstrate a remarkable rise in inclusive clothing::
Market Expansion
The plus-size and inclusive clothing market is expected to expand from around 18 to 12 months The amount of $20 billion in 2022 is expected to rise to over $30 billion by 2027., reflecting a robust Compound annual rate of growth – 7%
Consumer Demand
More than 2,000 people were surveyed by Deloitte, according to a report 65% of younger consumers Brands that promote diversity and realistic body standards are actively sought after by Millennials and Gen Z. W ith the rise of global consumption among these demographics, brands that represent their values are poised for significant long-term growth
Improved Financial Performance by enhancing Customer satisfaction
Inclusive brands are gaining tangible financial gains::
The Relevance of Social Media and Viral Marketing?
The key to today’s market success is digital engagement::
Higher Engagement Rates
Social media engagement rates can reach as high as 40% for inclusive brands 40% higher Than their conventional counterparts. By means of enhanced engagement, brand visibility is elevated while organic growth is encouraged, leading to a decrease in customer acquisition expenses
Viral Impact
Real beauty and body positivity campaigns are more likely to trend on social media, resulting in free publicity and creating advocates who can help spread the brand’s message
Investments in a Dynamic Cultural Landscape: How Can They Seep Futures?
The investment in inclusive fashion can serve as a strategic strategy against cultural and regulatory changes::
Cultural Resilience:
With society’s increasing emphasis on body positivity and diversity, brands that remain attached to traditional beauty standards face significant risk. By contrast an inclusive brand is more flexible and resilient in responding to changing cultural norms
Risk Mitigation:
The increasing need to uphold inclusivity through regulation and social movements has led to a decrease in the risk of reputational damage for brands that adhere to these values. This proactive approach not only appeals to consumers who value ethics but also provides long-term revenue
The Ultimate Guidance for Investors:
The financial metrics are blatant::
By highlighting the data, investors can make an informed decision to invest in a brand that promotes beauty and inclusivity