The trend of outdoor apparel continues to grow.
According to the latest research from apparel company Coat Factory, outdoor apparel is expected to grow at a rate of 11 percent in 2018, according to a new report.
The report, “The Next Big Outdoor Retailer,” indicates that Outdoor Retailers will continue to be a $10 billion industry by 2023, and it’s expected that this growth will continue.
According the study, Outdoor Retail’s growth will be driven by three key trends: 1) Retailers are looking to capture more of the consumer-facing portion of the market, including those with no experience in the apparel industry; 2) Retailer-owned apparel brands are increasingly expanding their reach; and 3) Retail retailers are focusing on their outdoor marketing efforts to reach more customers.
According To the report, there are many outdoor brands that are focused on selling their clothing in outdoor markets, including brands such as the popular Outdoor Brands, which is now owned by a group of outdoor brands including the New York Yankees and the Seattle Seahawks.
“Our study has shown that the Outdoor Brands market is the fastest-growing outdoor apparel market, growing more than 17 percent from 2016 to 2018.
Outdoor Brands and other outdoor brands are targeting a $100 million global retail footprint by 2021,” said Richard J. B. Kohn, president of the Coat Factory.
“As we expand our reach to new regions, we’re also seeing an increasing focus on the outdoor retailing opportunities.
This means more opportunity for retailers to sell their clothing outside of the traditional indoor market and expand into the outdoor market.”
The study also indicated that outdoor brands have become increasingly successful at expanding their marketing efforts, and there’s a strong trend for brands to utilize their brands as part of outdoor advertising campaigns.
For example, the Outdoor Brand was used in an outdoor advertising campaign for the 2017 World Cup soccer tournament.
Kogan added that outdoor apparel companies are working to develop their brand identity in the outdoor world, and he hopes that this trend continues as the industry continues to evolve.
“We are seeing that brands are looking for ways to incorporate outdoor imagery and themes in their advertising and marketing campaigns, and we are seeing a strong shift from traditional outdoor advertising to outdoor marketing,” said Kohn.
“The new breed of outdoor retailers is beginning to take the lead in the marketplace.”
The Coat Factory study also showed that outdoor retailers are making significant progress in terms of sales, which rose at a faster rate than other retailers in 2018.
The company reported that the average retailer in the U.S. is spending $1,719 on outdoor apparel in 2018 to $1.9 million in 2019.
This compares to an average retail customer spending $5,500 in 2017 to $7,800 in 2018 and an average consumer spending $15,400 in 2017.
According this study, the average outdoor retailer spent $1 billion on outdoor merchandise in 2018; this is up from $800 million in 2017 and $600 million in 2016.
In terms of total sales, the Coat Store reported that there were 9 million outdoor apparel items sold in 2018 compared to 5.1 million in 2018 which is an increase of 30 percent.
The study notes that in 2018 the average store is spending on outdoor clothing about $1 per customer per day, which means that an average outdoor customer spends $1 to $2 per day on apparel.
Outdoor apparel is also becoming more popular in countries such as France and Germany.
According a report from The Weather Channel, the French are the most popular market in Europe for outdoor apparel, with sales of more than 7 million items.
In addition, German retailers are increasing their sales of outdoor clothing, according the report.
According “The Weather Channel,” France has seen a growth in outdoor apparel sales of 50 percent in the past decade.
Kivy.com also published a report titled “The Latest Retail Sales Trends in 2018” that shows the most recent sales data for outdoor clothing.
According it, the number of outdoor stores in the United States rose to 7.5 million in the first half of 2018, up from 5.3 million in first half 2017.
The U.K. also saw a slight increase in sales, with the number going up by a mere 1 percent.
According Kivymountry.com, the United Kingdom is the most important market for outdoor fashion in the world, followed by the U., United States and Germany with sales up by about 5 percent.
“Sales of outdoor clothes increased in 2018 by a modest 1.1 percent year-on-year,” said the report from Kivydrop.com.
“But that may be due to increased demand in the warmer months.
The market is becoming increasingly popular and retailers are embracing this trend.”
The number of outdoors retailers is expected at around $1 trillion by 2027.
Kekman said that outdoor retail is becoming more important for outdoor consumers because they enjoy the benefits of a warm climate.