Here’s a look into the fashion industry and the excessive amount we spend on looking great.
Did you know?
The fashion industry churns out over 80 billion new garments every year, and this number is on the rise!
The total cost of unused clothing in the UK today is approx £30 billion.
The average UK household owns around £4000 worth of clothes.
An estimated £140 million worth of clothes goes into landfill every year. That’s 350,000 tonnes, equivalent to approx 44,000 elephants.
Clothing and Garments
The average man spends £259.20 a year on clothing. This works out at £16,200 over a lifetime.
The average woman spends £453.60 a year on clothing. This works out at £38,530 over a lifetime.
British parents are spending even more on clothing for their children, with £764 spent every year.
Typically men are not regular jewellery purchasers, except on special occasions.
The average British man shells out around 3-4 weeks’ salary on an engagement ring.
Women make around 13 trips per annum to the jewellers, spending over £50 each time.
Men own some 12 pairs of shoes at any given time.
A man’s annual spend on footwear amounts to £75.60. That’s 4725 over the course of a lifetime.
On average women spend around £129.60 a year on shoes. Over the years the cumulative total equals £8,100.