JOOR news and archive

Luxury handbag market pivots to accessible pricing

The global luxury handbag market is experiencing a realignment towards more affordable price points, according to comprehensive data from Joor, the digital wholesale platform. The latest analysis of global handbag transactions reveals a nuanced picture of consumer spending and retailer strategies. While the overall bag category has maintained...

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Joor introduces sustainability-focused event for Earth Month

Wholesale marketplace Joor has introduced a new sustainability-dedicated event for related global brands in an attempt to raise the visibility of eco-friendly collections. Launched to coincide with Earth Month and running until June 2, the ‘Sustainability In Focus’ digital event exhibits 136 labels that Joor said are invested and committed to “...

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Joor: Popularity of Japanese brands spikes as distribution broadens

A new report by wholesale platform Joor has seen a spike in popularity for Japanese brands over 2023, with the country’s fashion sector being particularly led by the strength of its men’s and unisex categories. According to Joor’s data, the number of retailers who placed orders with Japanese brands on its platform had increased 8 percent in 2023...

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Joor predicts that wholesale will continue to thrive in 2024

Digital wholesale platform Joor predicts that wholesale will continue to thrive next year as brands shift away from direct-to-consumer while adding that retailers will be buying conservatively. In its end-of-year report for 2023, Joor said that despite the challenging environment, brands on its platform are experiencing growth, with 67 percent...

Fairs

Sports fair Ispo enters into collaboration with wholesale platform Joor

A trade fair seeking cooperation with a wholesale platform: in today's fashion industry, it seems a wise move. Sports fair Ispo Munich is joining hands with wholesale platform Joor. Through the collaboration, the parties aim to broaden the sales options of ISPO brands, with the addition of a digital sales channel to the sports fair itself. "As a...

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Joor raises 25 million US dollars to accelerate growth

Wholesale platform Joor has raised 25 million US dollars to accelerate growth and innovation, as well as drive its ambitions to expand into sports, footwear and outdoor categories and enhance its payment solution. The investment round was led by Brightwood Capital and Tamarix Capital Partners, alongside support from existing investors Macquarie...

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Global fashion brands shifting investments to wholesale channels - Joor report

Global fashion brands are investing in wholesale over DTC channels as they expect a 27 percent growth in wholesale channels this year, according to a new report. Nearly three-quarters of brands (74 percent) reported wholesale currently making up over half of their sales, with the majority of brands (51 percent) stating that wholesale ranks ahead...

Fashion

'Quiet luxury' trend continues its ascent

According to a data survey by digital wholesale platform Joor, the minimalist trend ‘quiet luxury’ and a general growth in logo-free fashion is here to stay. While luxury pieces with at times very visible or even all-over logos have been en vogue for years, this trend now seems to be satiated in some markets. Instead, there is a move towards...

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Study reveals most common complaints of plus-size fashion consumers

While the average consumer today is considered 'plus size’ - that is wearing size 16 UK (44 EU or 18 US) or larger - plus-size clothing remains grossly underrepresented in the fashion industry. Despite the plus-size clothing market estimated to be worth over 11,1 billion US dollars in 2022 and there being 32 billion views on video hosting...

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Chinese buyers make buoyant return for AW23 season, according to Joor

As China continues on its path of recovery after opening its borders for unrestricted entry, buyers from the region are picking up where they left off, with wholesale platform Joor reporting a “huge bounce back” in transactions. The platform said there had been a “significant rise” in Chinese retailers placing wholesale orders and an “associate...

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Wholesaler Joor launches shoppable trend report

Wholesale marketplace Joor has launched a new feature on its platform that allows users to shop directly from its trend report. Through ‘On Trend: Women’s Fall 2023’, buyers will be able to purchase runway trends from the current season from an edit of over 14,000 fashion brands that are presenting their FW23 collections via Joor. It marks the...

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Joor shares wholesale trends that “will shape” 2023

Wholesale platform Joor is predicting that the ongoing economic instability and immersive digital experiences will lead the wholesale trends in 2023 as the fashion industry looks to diversify its distribution strategy. Joor expects next year “to reward digital investments that enhance flexibility above all” by embracing hybrid retail and...