Generation Z spending survey: 1990s fashion is back

Generation Z spending survey: 1990s fashion is back

Teenagers’ spending is gradually increasing, according to Piper Sandler’s 41st semi-annual survey, which focuses on the younger generation’s consumption trends and brand preferences.

 

Amazon remains the top shopping site among teens, with 56% of young people using it as their most frequently used shopping site. Of course, social media and video are now also common shopping channels for the younger generation. In a study of Generation Z and Millennials , almost half ( 40%) of Generation Z and Millennials purchased products they had previously seen on social media apps or live broadcasts.

 

Among other findings, 96% of women said they frequently shop online, compared to 88% last year, while 92% of men claimed to shop online, compared to 91% last year. There has been a clear increase in women’s online spending.

 

Another clear trend is that Generation Z is ready to spend money on clothes again, and women are leading the recovery. Today, high-income female teenagers spend 29% of their spending on clothing , the highest level since 2013. Erinn Murphy, senior research analyst at Piper Sandler, also believes : "We can see that spending among women in the younger generation is recovering, especially spending on clothing, handbags and skin care products has increased. "

 

In the clothing category, sports brands are still the main trend, and brands like Nike and lululemon are still the favorites of the younger generation. Under Armour 's psychological share among teenagers has also increased.  

 

Nike is consistently the leading apparel brand in Piper Sandler’s survey, and even more impressively, as the preferred footwear brand, Nike represents 56% of teen preference, making it the number one athletic apparel and footwear brand of choice for teens.

 

There has also been a rise in female-centric platforms, such as China’s fast-fashion brand Shein, Revolve and Australian fashion brand Princess Polly.

 

It is worth noting that the fashion trends of the 1990s are being revived behind keywords such as flannel shirts, loose jeans and mom jeans . The report said that " second-hand" has become a shopping trend that teenagers like . The data shows that 47% of teenagers have purchased second-hand items and 55% of teenagers have sold second-hand items.

 

The fashion trends of the 1990s can be summarized as: loose bottoms, short tops, classic silhouettes, retro patterns, and creative accessories. If non-clothing sellers want to catch the retro trend, they might as well focus on retro accessories and small items that go with clothing .


consumer

Consumer Behavior

<<:  SHEIN plans to open an independent website for its high-end brand MOTF and has launched a supply chain investment plan

>>:  Indonesian e-commerce service company Jet Commerce to enter Malaysia

Recommend

What is eDock? eDock Review, Features

<span data-docs-delta="[[20,{"gallery"...

What is faucetlist? faucetlist Review, Features

faucetlist offers a large selection of quality bra...

What is Shopee Zhiyi ERP? Shopee Zhiyi ERP Review, Features

Shopee ERP is an intelligent store management syst...

What is SEKO? SEKO Review, Features

SEKO Group - a supplier of dosing pumps and dosin...

Amazon is charging Prime members for same-day delivery

Amazon UK is making major changes to its same-day...

Amazon's first quarter report is released, and online sales growth stagnates

Amazon released its first quarter financial repor...

New Year, New Atmosphere! Shipping congestion remains unchanged

In 2021, Americans' concerns about holiday co...

What is White Friday? White Friday Review, Features

White Friday, which usually falls on the third We...

What is Corelle Brands? Corelle Brands Review, Features

Corelle Brands is a world-renowned kitchenware br...

AliExpress tops the UK download charts

Recently, data from the Apple App Store showed th...

What is REVOLVE? REVOLVE Review, Features

Revolve was founded in 2003 by Michael Mente and ...

What is Lunar-Danish Digital Bank? Lunar-Danish Digital Bank Review, Features

Lunar-Danish Digital Bank is an independent, regu...