Gen Zs buying up ‘athleisure’ items | Inquirer Business
ZALORA STUDY

Gen Zs buying up ‘athleisure’ items

/ 02:00 AM February 27, 2023

Sports-related items emerged among the most bought items online by GenZs in Southeast Asia, according to fashion e-commerce platform Zalora, offering a glimpse into the buying preferences of this generation aged 9 to 24 years old.

Zalora’s Trender 2022 report revealed that Gen Zs—which make up about 24 percent of the population in the region—bought more of these items than other types of apparel, accessories, or shoes.

“In this case, athleisure has become the trend du jour for many Gen Zs. To further separate themselves from their older counterparts, these consumers would choose sporty track pants over miniskirts or fuss-free hoodies instead of blazers and shirts to make a statement,” Zalora said.

Article continues after this advertisement

“It is a projection that is equally reflected here in Southeast Asia,” added the business unit of the Singaporean publicly traded e-commerce holding group Global Fashion Group (GFG).

FEATURED STORIES

Indeed, the Zalora report noted that the Gen Z generation has a “nonconformist” attitude toward fashion.

“So instead of observing social norms, Gen Z has created their stylistic vocabulary—one that defies conventions and offers a refreshing perspective to self-expression,” the report said.

Article continues after this advertisement

Zalora said that sports-related apparel accounted for almost 30 percent of all items bought by this young generation of consumers.

Article continues after this advertisement

Other types of apparel followed at 25.43 percent, followed by accessories at 15.97 percent, and luxury at 5.07 percent.

Article continues after this advertisement

“Further these consumers favor sport shoes as compared to millennials, with a greater share of sales of 28.53 percent versus 15.94 percent of millennials,” said Zalora’s report.

“Out of all of Zalora’s sports-related offerings, shoes were the most popular, outperforming apparel and accessories,” it added.

Article continues after this advertisement

Citing the US-based private equity firm Insight Partners, Zalora said the global athleisure market was expected to grow from $411.02 billion in 2021 to $793.46 billion by 2028.

It further noted that China’s broader sportswear market alone is expected to grow at an annual rate of 11 percent and reach $82.8 billion by 2024.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Business

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.