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



TODAY, United Kingdom:
The new three-story store is scheduled to open in the third quarter of 2023.
YESTERDAY, United Arab Emirates:
The height of the new wheel Ain Dubai is 250 meters compared to 134 at the London Eye.
DAY BEFORE YESTERDAY, China:
Zhuhai Wanda Commercial Management Group filed for an IPO on the Hong Kong Stock Exchange.
Oct 25, 2021, Finland:
Lippulaiva declared K-Supermarket, Prisma, Lidl, and Tokmanni as anchor tenants.
Oct 25, 2021, USA:
About 200 terminals to sell bitcoins were installed in stores operated by Walmart.
Oct 22, 2021, USA:
Cyber-sports arenas, basketball courts, and aquariums are replacing storefronts and retail spaces.
Friend
and Follow
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Mall of Scandinavia GLA:1 087 155 SF
ADDRESS: Evenemangsgatan 11 169 56 Solna
Sweden . Stockholm
Mall of Scandinavia
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus


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