Keys to unlocking the volatile Australian market

This month’s fashion podcast series by Euromonitor International explores the key trends within the incredibly dynamic apparel and footwear industry in Australia. The Australian apparel and footwear industry has been incredibly volatile and lively over the last decade with many companies considered to be staples of the world fashion industry closing their operations within Australia and operating solely online. This can be put down to the high operating costs, which includes soaring rents and high wages. Several high-profile companies have recently discontinued their operations, namely international players such as Gap, Espree and Forever 21 and local players Bardot and Stylerunner went into voluntary administration in 2019.