Find in the news:
BY COUNTRY

Research unveiled favorite brands of teenagers during the pandemic



Over the past six months, American teenagers' spending has been at its lowest for twenty years.
Nike Pexels Aman Jakhar 1124465

Nike and Amazon are the most popular brands among 16-year-old American teenagers, according to a Piper Jaffray survey of almost 10,000 respondents.

It is noted that over the past six months, teenage spending was at its lowest level in twenty years because of the negative impact of the pandemic on consumer sentiment. The average amount spent by teenagers in 2020 was $2,150, which is 9% less than a year earlier. In 2006, that figure was over 3,000. 

The fall in clothes for American teenagers was 11%, up to $507 per year, and on footwear up to $275 per year. Among the most popular fashion brands following Nike (which has been the leader for ten years already) were named American Eagle and Adidas. Analysts point to the growth in H&M popularity and a decrease in Forever 21 and Victoria's Secret. In the shoe segment, the pursuers of Nike are Vans and Adidas. Among the manufacturers of accessories at the peak of popularity were Louis Vuitton and Michael Kors.

According to the survey, only a third of respondents use department stores and retail stores to make purchases. Simultaneously, the share of buyers who use Internet channels for shopping is estimated at 90%. In particular, 54% of teenagers use Amazon. Besides, many consumers switch to second-hand stores. About 46% of respondents said that they have a habit of buying clothes and shoes that were used. 85% of respondents reported the practice of selling clothes and shoes on Internet platforms, the most popular of which are Poshmark and The RealReal.

The study also indicated that adolescents spend 21% of their total budget on food. The other most significant expenses include clothing and video games. Spending by U.S. teenagers declined in 2020 because of quarantine and concerns about economic problems. 

More about shopping malls in the USA



Sep 22, 2022, France:
Palm Angels expands its geography and enters the French market with the opening of a store in Paris.
Sep 20, 2022:
The new retail space will appear in the trendy Garosu-gil neighborhood of Seoul.
Sep 19, 2022, Sweden:
The official opening of the flagship store at Drottninggatan 53 is scheduled for September 30, 2022.
Sep 16, 2022, South Korea:
The store will be located at Lotte World Mall in Seoul's Jamsil district.
Sep 15, 2022, USA:
Pontegadea is negotiating the purchase of distribution centers in Wisconsin and Pennsylvania.
Sep 14, 2022, Spain:
Sales of the Indetex Group increased by almost 25% for the first half of the year.
Friend
and Follow
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar
Designer Outlet Malaga GLA:322 917 SF
ADDRESS: 29004, Málaga, Spain
Spain . Malaga
Designer Outlet Malaga
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us