GOAT Group shares streetwear trends, releases first annual resale report

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GOAT Group shares streetwear trends, releases first annual resale report
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The Gen-Z resale go-to for sneakers, luxury apparel and accessories talks current consumer trends, as well as what is next for 2023 in its latest research effort.

The digitized cover image for GOAT Group's"alias" Seller Report 2022 features a QR code for convenient download. Image courtesy of GOAT GroupBarbiecore, Y2K and utilitarian dress codes delivered profit margins between 423 and 548 percent, according to a new resale report.

Besides this demographic, GOAT notes a hope that those unfamiliar with the industry can find value in report documentation and conclusions. With a bevy of indicators including wants, orders, offers, searches and engagement taken into account, GOAT raises three dominant apparel and accessories trends for 2022, based on respective metrics.

Functionality appeared to play an outsized role in annual purchase patterns, as athleisure brands Hoka One One and Salomon increased year-over-year sales by 361 percent and 236 percent, respectively.Filed under the report’s “features” section, key insights reveal that luxury streetwear is forming a less-formal future while more closely aligning with the mantra “comfort is key.”

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