[HIGHLIGHTS] Ready-to-wear: sales record a decline of 3.5% in 2023

Clothing market records a 3.5% drop in turnover in 2023. Retail Int Panel includes around sixty brands (Jules, Monoprix, Levi's, Promod, etc.) representing 10 billion euros in turnover.

Excluded are very large brands such as H&M, Zara, Primark, SheIn. “At least 4,000 jobs have been eliminated,” according to the panel’s estimates. Fashion “remains the leading employer” in retail excluding food with 220,000 employees in France.