The European apparel industry experienced an 18% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by Hugo Boss with 592 job postings, according to GlobalData’s analysis of apparel company job postings. GlobalData’s Apparel: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the apparel industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Sales and Related Occupations jobs accounted for a 31% share of the European apparel industry’s total new job postings in Q4 2023, drop 1% over the prior quarter.
Sales and Related Occupations drive apparel industry hiring activity
Sales and Related Occupations, with a share of 31% new job postings, was the occupation with the greatest hiring activity in the European apparel industry in Q4 2023 , ahead of Management Occupations with an 8% share of new job postings.
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The other prominent roles included Arts, Design, Entertainment, Sports, and Media Occupations with a 7% share in Q4 2023, Business and Financial Operations Occupations with a 5% share and Office and Administrative Support Occupations with a 4% share of new job postings.
Top five companies accounted for 97% of hiring activity
Hugo Boss posted 592 jobs in Q4 2023 and registered a growth of 6% over the previous quarter, followed by VF with 303 jobs and a 25% drop. Levi Strauss & Co, with 138 jobs, and Grupo De Moda Soma, with 40 jobs, recorded a 12% drop and a 64% drop, respectively, while Moncler recorded a 55% decline with a 36 new job postings during Q4 2023.
Regional analysis of hiring in the European apparel industry, Q4 2023
Germany held the leading share of the European apparel hiring activity with a 31.88% share, a 30% decrease over Q3 2023. the UK was next with 24.04%, four-percentage-point up over the previous quarter.
For further understanding of GlobalData's Apparel: Hiring Trends & Signals Q4 2023, buy the report here.
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