$29.3 billion
of clothing exports to OIC* countries
(2019)
Signals of opportunities
Big
Impact
Small
Impact
Weak
Signal
Strong
Signal
Government Leaders
Investments
$3.45 million
in recorded modest-fashion investments 2019/20*
Malaysian-firm Innovacia acquired Dutch sports hijab pioneer, Capsters, for an undisclosed amount.
Egypt’s Dice manufacturing, a producer of sports and casual wear for men and women, raised $3.4 million.
Deals
Top countries with # of related deals
COVID-19 Impact Projections
Modest Fashion
Represented by $277 billion of spending by 1.9 billion Muslims on clothing (2019 est.)
Top 5 modest fashion Muslim consumer markets (2019)