The Australia Fashion Retail Report 2023

Explore the latest consumer and technology trends shaping Australian fashion retail. Uncover industry-leading strategies to connect payments data, make smarter decisions, and accelerate growth.

Fashion in store

Connecting data to drive business growth

We asked fashion retail businesses about the state of the industry - as part of a larger study where we polled 1,000 customers and 514 businesses in Australia

Two people smiling at each other while exchanging a white shopping bag over a counter.

Fashion retail in 2023

95%

of Australian fashion retailers using a unified commerce system have reported improved revenue growth

54%

of fashion retailers observed higher sales conversion rates when shoppers were able to complete cross-channel transactio

24%

of fashion businesses say they use many payment providers and are eager to reduce the number

20%

of fashion retailers are prioritising investing in fraud and payment risk management

Discover how you can transform payments from business cost to business growth.

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