Ukrainian Fashion Industry

by Meifan Honcharuk
Tuesday, December 14, 2021
3 MIN
Ukrainian Fashion Industry

The fashion industry is a gigantic industry that can generate multi-billion dollar profits with the suitable investment

According to some estimates, it ranks third in profitability after the financial and oil sectors of the modern economy. Recently, Ukrainian designers have been increasingly exporting their products to the West and East and monetizing their goods.

Over 1.5 thousand sewing enterprises operate in Ukraine. The domestic clothing market is one of the 20 most developed markets in Ukraine, while Ukrainians spend about 8-10% of their income buying things. Today the light industry has over 1.5 thousand garment enterprises, most of them are small businesses, employing from 5 to 10 people.

Now the light industry is actively conquering the domestic market. Domestic manufacturers provide 30% of the law enforcement agencies, the army, medical workers and make bed linen for the Ukrainian railway. The fashion industry is a gigantic industry that can generate multi-billion dollar profits with suitable investment. According to some estimates, it ranks third in profitability after the financial and oil sectors of the modern economy. Recently, Ukrainian designers have been increasingly exporting their products to the West and East and monetizing their goods.

Over 1.5 thousand sewing enterprises operate in Ukraine.

The domestic clothing market is one of the 20 most developed markets in Ukraine, while Ukrainians spend about 8-10% of their income buying things. Today the light industry has more than 1.5 thousand garment enterprises, mostly small businesses, employing from 5 to 10 people.

Ukrainian Fashion Week

Ukrainian Fashion Week (UFW) was founded in 1997 and became the first prêt-à-porter week in Eastern Europe. Ukrainian Fashion Week fully meets all the standards for holding fashion weeks and takes place twice a year (in February and September) while collecting more than 60 different brands. Fashion Week residents include ARTEMKLIMCHUK, GASANOVA, FROLOV, Ksenia Schnaider, Lake Studio, Litkovskaya, Nadya Dzyak, POUSTOVIT, the COAT by Katya Silchenko.

Thanks to Ukrainian Fashion Week, Ukrainian designers have become commercially successful and are sold worldwide.

Today, the fashion industry in Ukraine has become an independent segment of the economy and may become one of the most profitable industries in the future. Not only Ukrainian but also foreign buyers were able to ensure the quality and originality of the fashionable products produced. We can safely say that Kyiv claims to be one of the largest fashion sites in Central and Eastern Europe. Moreover, the new generation of Ukrainian designers is already integrated with might and main into the global world and the fashion industry. There is not a single field of activity in Ukraine where light industry goods are not used.

 

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