Retailers will notice that 2022 thus far has been a pretty bumpy year and even more so coming into Q4 of the holiday season. That is because consumers are expected to be more budget conscious as inflation pushes the prices for necessities like groceries and gasoline higher and spending on discretionary like fashion and accessories lower. From this changing behavior, retailers have already begun preparing to reposition their sales and procurement schedules much earlier as holiday shoppers are expected to start shopping for deals as early as October according to Mastercard.
Many retailers may still be looking to procure last-minute inventory for the holidays and unsure which in-trend and high-sell-through styles to choose from. Here we curate some of the top FashionGo trends to consider for your next holiday orders.
The once popular loungewear trend in 2020 has cooled down coming into a post-pandemic world where shoppers have now prioritized occasional driven styles. Regardless, the loungewear trend is still thriving and more so this winter with families at more due to the colder weather.
A staple in any shopper’s closet this winter. The insulated composition of puffer jackets is an essential piece to shoppers and its variation from cropped, longline, to quilted, makes it a versatile wardrobe piece. Especially coming into the colder months, retailers should expect plentiful demand for varying puffer styles.
The festivities of the holiday season also bring more opportunities for occasional events and dressier outfits. Ruffled textured dresses specifically have been making noise in FashionGo search as retailers look to procure edgier items for their shoppers this season.
According to ShipStation, in the U.S., holiday gift spending is expected to drop by $30 billion as 58% of consumers cut back on non-food spending during the holidays. The biggest drops could come in clothing and footwear, with 25% of people expected to cut back in those areas. However, despite these less-than-stellar predictions, many retailers are still optimistic that customers will be back and ready to spend this holiday season.
Retailers will be faced with being more strategic about what products they procure for their shelves. FashionGo’s Best of Best solves this hurdle by curating even more real-time trending styles on the platform.