The German apparel industry experienced a 30% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by Hugo Boss with 288 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 13% share of the German apparel industry new job postings in Q4 2023, down by 44% over the prior quarter.
Sales and Related Occupations drive apparel industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Sales and Related Occupations, which accounted for 13% of the total new job postings in Q4 2023 and were down by 71% year-on-year. Second highest were Management Occupations, which accounted for 9% and drop by 54% year-on-year, and third highest were Business and Financial Operations Occupations, which were 26% of the new job postings and 41% lower year-on-year.
Top five companies in apparel industry accounted for 99% of hiring activity
The highest number of jobs were posted by Hugo Boss with 288, followed by Grupo De Moda Soma with 40, while the highest increase was at VF at 59%.
For further understanding of GlobalData's Apparel: Hiring Trends & Signals Q4 2023, buy the report here.
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