Clothing has always been the most demanded market for sales, and the results of Q3 of 2022 were no surprise. Given the predictions of the experts in 2021, the statistics of clothing sales meet the expectations. This kind of growth can be connected to several factors, including special sales, holiday seasons, and overall market demand. The three quarters of 2022 have shown growth in sales, yet Q3 is considered to be the highest one for this year.
Q3 is the most demanded season for clothing sales
The summer season has always been the most demanded period for clothing shopping. And according to the specialists at Promocodius.co.uk, this interest will be among people for many years. 2022 has shown a great increase of 20% for Q3 and it can be related to the special offers and discounts that are provided for that specific period. During the survey done by the analysts, many people mentioned that they use special promo codes that give them extra discounts on their shopping for clothes. Around 97% of people who took the survey have claimed that they mostly shop because of the special deals that are available, such as Dare2b discount code. More studies have shown that similar companies that deliver special coupons, such as Hawes and Curtis promo codes, get three times more sales than without the special deals. With that said, the predictions of the specialists in the previous year were very close to the numbers that we have now. Considering this fact, the last quarter of 2022 is predicted to have another increase of around 37% as the holiday season is approaching, and many people will be very interested in the special deals that are available at this time of the year.
With the start of 2023, many analysts claim that the first quarter will be rather mild in the clothing industry, and it will start to grow from the mid of Q2, reaching its peak at the end of Q3. Based on their predictions, clothing sales will reach up to 35% in the forthcoming year. With that said, the clothing market has a great potential to keep these numbers for the upcoming few years without any dramatic decreases in the results.
The bottom line
The first three quarters of 2022 have shown that the interest in clothes shopping is still something that is attractive for people, and there are great chances that these good results will be there for a few more years. Q3 has yet shown the highest number of increases in sales in comparison to the same period of the previous year, reaching 20% in the sales of the clothing market. And even though most of the numbers are due to the special deals and offers that many retailers provide, it is certain that this strategy will keep the numbers up for many years. The predictions of the experts at Promocodius highlighted that the numbers will show insignificant growth for 2023. However, there will be changes in the final numbers as the year comes to an end. By the end of 2022, people will be able to see the entire picture of the sales in the clothing industry and compare it with the previous year, as well as get more detailed information about the predictions of 2023 for each quarter separately.
