{
  "name": "Apparel & Fashion",
  "edition_label": "October 2026",
  "edition_updated_at": "2026-10-11",
  "slug": "apparel-fashion",
  "kind": "industry",
  "parent_slug": null,
  "url": "https://madgicx.com/labs/industries/apparel-fashion",
  "scope": "Verified aggregate benchmark and independent public brand research; no brand is identified as a benchmark participant.",
  "directory_status": "complete",
  "page_readiness": "published",
  "directory_notice": "Inclusion does not indicate participation in the benchmark or a Madgicx customer relationship.",
  "benchmark": {
    "status": "verified_aggregate",
    "slug": "apparel-fashion",
    "parent_slug": null,
    "cohort_scope": "root_and_children",
    "median_aov_usd": 64.07,
    "p25_aov_usd": 28.81,
    "p75_aov_usd": 122.63,
    "metric_window": null,
    "scope_label": "Equal-weight AOV benchmark",
    "methodology": "Median and middle 50% of observed account-level average order values in USD, with each account weighted equally. Use this range as a comparison, not a profitability measure.",
    "read_at": "2026-10-11T14:06:01.732249+00:00",
    "period_label": "Dated snapshot",
    "citation": "Madgicx Research & Labs. Apparel & Fashion account AOV: median $64.07; middle 50% $28.81 to $122.63. Snapshot read 11 October 2026. https://madgicx.com/labs/industries/apparel-fashion#benchmark",
    "source": {
      "name": "Madgicx Research & Labs",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    }
  },
  "metric_definitions": [],
  "metric_definitions_scope": "Definitions only; no ACV, MRR or ARPU benchmark or measured correlation is supplied.",
  "brands": [
    {
      "id": "abercrombie-fitch",
      "name": "Abercrombie & Fitch",
      "segment": "Fashion",
      "url": "https://www.abercrombie.com/shop/us/womens",
      "description": "",
      "sources": [
        {
          "name": "Abercrombie & Fitch official site",
          "url": "https://www.abercrombie.com/shop/us/womens"
        }
      ],
      "growth": {
        "percent": -1.3,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Brand family",
        "note": "Calculated from disclosed brand-family sales.",
        "source": {
          "name": "Abercrombie & Fitch · SEC release",
          "url": "https://www.sec.gov/Archives/edgar/data/1018840/000101884026000006/q42025pressrelease.htm",
          "date": "2026-03-04"
        },
        "calculated": true
      }
    },
    {
      "id": "aritzia",
      "name": "Aritzia",
      "segment": "Fashion",
      "url": "https://www.aritzia.com/",
      "description": "",
      "sources": [
        {
          "name": "Aritzia official site",
          "url": "https://www.aritzia.com/"
        }
      ],
      "growth": {
        "percent": 35.2,
        "period": "FY2026",
        "ended": "2026-03-01",
        "scope": "Company",
        "note": "Includes Reigning Champ.",
        "source": {
          "name": "Aritzia · FY2026 results",
          "url": "https://investors.aritzia.com/investor-news/press-release-details/2026/Aritzia-Reports-Fourth-Quarter-and-Fiscal-2026-Financial-Results/default.aspx",
          "date": "2026-05-07"
        },
        "calculated": true
      }
    },
    {
      "id": "h-m",
      "name": "H&M",
      "segment": "Fashion",
      "url": "https://www.hm.com/",
      "description": "",
      "sources": [
        {
          "name": "H&M official site",
          "url": "https://www.hm.com/"
        }
      ]
    },
    {
      "id": "zara",
      "name": "Zara",
      "segment": "Fashion",
      "url": "https://www.zara.com/",
      "description": "",
      "sources": [
        {
          "name": "Zara official site",
          "url": "https://www.zara.com/"
        }
      ]
    },
    {
      "id": "mango",
      "name": "Mango",
      "segment": "Fashion",
      "url": "https://shop.mango.com/",
      "description": "",
      "sources": [
        {
          "name": "Mango official site",
          "url": "https://shop.mango.com/"
        }
      ]
    },
    {
      "id": "uniqlo",
      "name": "Uniqlo",
      "segment": "Fashion",
      "url": "https://www.uniqlo.com/",
      "description": "",
      "sources": [
        {
          "name": "Uniqlo official site",
          "url": "https://www.uniqlo.com/"
        }
      ]
    },
    {
      "id": "cos",
      "name": "COS",
      "segment": "Fashion",
      "url": "https://www.cos.com/",
      "description": "",
      "sources": [
        {
          "name": "COS official site",
          "url": "https://www.cos.com/"
        }
      ]
    },
    {
      "id": "other-stories",
      "name": "& Other Stories",
      "segment": "Fashion",
      "url": "https://www.stories.com/en-us/clothing/",
      "description": "",
      "sources": [
        {
          "name": "& Other Stories official site",
          "url": "https://www.stories.com/en-us/clothing/"
        }
      ]
    },
    {
      "id": "everlane",
      "name": "Everlane",
      "segment": "Fashion",
      "url": "https://www.everlane.com/",
      "description": "",
      "sources": [
        {
          "name": "Everlane official site",
          "url": "https://www.everlane.com/"
        }
      ]
    },
    {
      "id": "reformation",
      "name": "Reformation",
      "segment": "Fashion",
      "url": "https://www.thereformation.com/",
      "description": "",
      "sources": [
        {
          "name": "Reformation official site",
          "url": "https://www.thereformation.com/"
        }
      ]
    },
    {
      "id": "quince",
      "name": "Quince",
      "segment": "Fashion",
      "url": "https://www.quince.com/",
      "description": "",
      "sources": [
        {
          "name": "Quince official site",
          "url": "https://www.quince.com/"
        }
      ]
    },
    {
      "id": "sezane",
      "name": "Sézane",
      "segment": "Fashion",
      "url": "https://www.sezane.com/",
      "description": "",
      "sources": [
        {
          "name": "Sézane official site",
          "url": "https://www.sezane.com/"
        }
      ]
    },
    {
      "id": "popflex",
      "name": "POPFLEX",
      "segment": "Activewear",
      "url": "https://www.popflexactive.com/",
      "description": "",
      "sources": [
        {
          "name": "POPFLEX official site",
          "url": "https://www.popflexactive.com/"
        }
      ]
    },
    {
      "id": "j-crew",
      "name": "J.Crew",
      "segment": "Fashion",
      "url": "https://www.jcrew.com/",
      "description": "",
      "sources": [
        {
          "name": "J.Crew official site",
          "url": "https://www.jcrew.com/"
        }
      ]
    },
    {
      "id": "madewell",
      "name": "Madewell",
      "segment": "Denim",
      "url": "https://www.madewell.com/",
      "description": "",
      "sources": [
        {
          "name": "Madewell official site",
          "url": "https://www.madewell.com/"
        }
      ]
    },
    {
      "id": "anthropologie",
      "name": "Anthropologie",
      "segment": "Fashion",
      "url": "https://www.anthropologie.com/",
      "description": "",
      "sources": [
        {
          "name": "Anthropologie official site",
          "url": "https://www.anthropologie.com/"
        }
      ],
      "growth": {
        "percent": 6.6,
        "period": "FY2026",
        "ended": "2026-01-31",
        "scope": "Brand sales",
        "note": "Includes lifestyle products beyond apparel.",
        "source": {
          "name": "URBN · FY2026 results",
          "url": "https://investor.urbn.com/news-releases/news-release-details/urbn-reports-record-fy26-q4-sales-and-operating-results",
          "date": "2026-02-25"
        },
        "calculated": true
      }
    },
    {
      "id": "free-people",
      "name": "Free People",
      "segment": "Fashion",
      "url": "https://www.freepeople.com/",
      "description": "",
      "sources": [
        {
          "name": "Free People official site",
          "url": "https://www.freepeople.com/"
        }
      ],
      "growth": {
        "percent": 10.8,
        "period": "FY2026",
        "ended": "2026-01-31",
        "scope": "Brand sales",
        "note": "Includes FP Movement and wholesale.",
        "source": {
          "name": "URBN · FY2026 results",
          "url": "https://investor.urbn.com/news-releases/news-release-details/urbn-reports-record-fy26-q4-sales-and-operating-results",
          "date": "2026-02-25"
        },
        "calculated": true
      }
    },
    {
      "id": "revolve",
      "name": "Revolve",
      "segment": "Fashion",
      "url": "https://www.revolve.com/",
      "description": "",
      "sources": [
        {
          "name": "Revolve official site",
          "url": "https://www.revolve.com/"
        }
      ],
      "growth": {
        "percent": 9,
        "period": "CY2025",
        "ended": "2025-12-31",
        "scope": "REVOLVE segment",
        "note": "REVOLVE segment, not Revolve Group total.",
        "source": {
          "name": "Revolve · 2025 annual results",
          "url": "https://investors.revolve.com/news/news-details/2026/Revolve-Group-Announces-Fourth-Quarter-and-Full-Year-2025-Financial-Results/default.aspx",
          "date": "2026-02-24"
        },
        "calculated": false
      }
    },
    {
      "id": "gap",
      "name": "Gap",
      "segment": "Fashion",
      "url": "https://www.gap.com/",
      "description": "",
      "sources": [
        {
          "name": "Gap official site",
          "url": "https://www.gap.com/"
        }
      ],
      "growth": {
        "percent": 5,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Brand sales",
        "note": "Annual brand net sales.",
        "source": {
          "name": "Gap Inc. · FY2025 results",
          "url": "https://investors.gapinc.com/press-releases/news-details/2026/Gap-Inc--Reports-Fourth-Quarter-and-Fiscal-2025-Results-Provides-Fiscal-2026-Outlook/default.aspx",
          "date": "2026-03-05"
        },
        "calculated": false
      }
    },
    {
      "id": "old-navy",
      "name": "Old Navy",
      "segment": "Fashion",
      "url": "https://oldnavy.gap.com/",
      "description": "",
      "sources": [
        {
          "name": "Old Navy official site",
          "url": "https://oldnavy.gap.com/"
        }
      ],
      "growth": {
        "percent": 3,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Brand sales",
        "note": "Annual brand net sales.",
        "source": {
          "name": "Gap Inc. · FY2025 results",
          "url": "https://investors.gapinc.com/press-releases/news-details/2026/Gap-Inc--Reports-Fourth-Quarter-and-Fiscal-2025-Results-Provides-Fiscal-2026-Outlook/default.aspx",
          "date": "2026-03-05"
        },
        "calculated": false
      }
    },
    {
      "id": "banana-republic",
      "name": "Banana Republic",
      "segment": "Fashion",
      "url": "https://bananarepublic.gap.com/",
      "description": "",
      "sources": [
        {
          "name": "Banana Republic official site",
          "url": "https://bananarepublic.gap.com/"
        }
      ],
      "growth": {
        "percent": -1,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Brand sales",
        "note": "Annual brand net sales.",
        "source": {
          "name": "Gap Inc. · FY2025 results",
          "url": "https://investors.gapinc.com/press-releases/news-details/2026/Gap-Inc--Reports-Fourth-Quarter-and-Fiscal-2025-Results-Provides-Fiscal-2026-Outlook/default.aspx",
          "date": "2026-03-05"
        },
        "calculated": false
      }
    },
    {
      "id": "american-eagle",
      "name": "American Eagle",
      "segment": "Denim",
      "url": "https://www.ae.com/",
      "description": "",
      "sources": [
        {
          "name": "American Eagle official site",
          "url": "https://www.ae.com/"
        }
      ],
      "growth": {
        "percent": -0.5,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Brand segment",
        "note": "Calculated from disclosed brand-segment sales.",
        "source": {
          "name": "AEO · FY2025 results",
          "url": "https://investors.ae.com/press-releases/news-details/2026/AEO-Inc--Reports-Strong-Fourth-Quarter-Fiscal-2025-Results-Provides-Fiscal-2026-Outlook/default.aspx",
          "date": "2026-03-04"
        },
        "calculated": true
      }
    },
    {
      "id": "hollister",
      "name": "Hollister",
      "segment": "Fashion",
      "url": "https://www.hollisterco.com/",
      "description": "",
      "sources": [
        {
          "name": "Hollister official site",
          "url": "https://www.hollisterco.com/"
        }
      ],
      "growth": {
        "percent": 14.7,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Brand family",
        "note": "Calculated from disclosed brand-family sales.",
        "source": {
          "name": "Abercrombie & Fitch · SEC release",
          "url": "https://www.sec.gov/Archives/edgar/data/1018840/000101884026000006/q42025pressrelease.htm",
          "date": "2026-03-04"
        },
        "calculated": true
      }
    },
    {
      "id": "ann-taylor",
      "name": "Ann Taylor",
      "segment": "Fashion",
      "url": "https://www.anntaylor.com/",
      "description": "",
      "sources": [
        {
          "name": "Ann Taylor official site",
          "url": "https://www.anntaylor.com/"
        }
      ]
    },
    {
      "id": "torrid",
      "name": "Torrid",
      "segment": "Fashion",
      "url": "https://www.torrid.com/",
      "description": "",
      "sources": [
        {
          "name": "Torrid official site",
          "url": "https://www.torrid.com/"
        }
      ],
      "growth": {
        "percent": -9.4,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Company",
        "note": "Annual net sales.",
        "source": {
          "name": "Torrid · FY2025 results",
          "url": "https://investors.torrid.com/news/news-details/2026/Torrid-Reports-Fourth-Quarter-and-Fiscal-2025-Results-and-Initiates-Fiscal-2026-Guidance/default.aspx",
          "date": "2026-03-19"
        },
        "calculated": false
      }
    },
    {
      "id": "reiss",
      "name": "Reiss",
      "segment": "Fashion",
      "url": "https://www.reiss.com/",
      "description": "",
      "sources": [
        {
          "name": "Reiss official site",
          "url": "https://www.reiss.com/"
        }
      ]
    },
    {
      "id": "allsaints",
      "name": "AllSaints",
      "segment": "Fashion",
      "url": "https://www.allsaints.com/",
      "description": "",
      "sources": [
        {
          "name": "AllSaints official site",
          "url": "https://www.allsaints.com/"
        }
      ]
    },
    {
      "id": "ralph-lauren",
      "name": "Ralph Lauren",
      "segment": "Fashion",
      "url": "https://www.ralphlauren.com/",
      "description": "",
      "sources": [
        {
          "name": "Ralph Lauren official site",
          "url": "https://www.ralphlauren.com/"
        }
      ],
      "heat": {
        "rank": 7,
        "change": -1,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "massimo-dutti",
      "name": "Massimo Dutti",
      "segment": "Fashion",
      "url": "https://www.massimodutti.com/",
      "description": "",
      "sources": [
        {
          "name": "Massimo Dutti official site",
          "url": "https://www.massimodutti.com/"
        }
      ],
      "heat": {
        "rank": 10,
        "change": 8,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "chanel",
      "name": "Chanel",
      "segment": "Luxury",
      "url": "https://www.chanel.com/us/fashion/",
      "description": "",
      "sources": [
        {
          "name": "Chanel official site",
          "url": "https://www.chanel.com/us/fashion/"
        }
      ],
      "heat": {
        "rank": 1,
        "change": 0,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "lululemon",
      "name": "lululemon",
      "segment": "Activewear",
      "url": "https://shop.lululemon.com/",
      "description": "",
      "sources": [
        {
          "name": "lululemon official site",
          "url": "https://shop.lululemon.com/"
        }
      ],
      "growth": {
        "percent": 5,
        "period": "FY2025",
        "ended": "2026-02-01",
        "scope": "Company",
        "note": "52 weeks versus 53 in the prior year. Reported totals.",
        "source": {
          "name": "lululemon · FY2025 results",
          "url": "https://corporate.lululemon.com/newsroom/press-releases/2026/03-17-2026-200620717",
          "date": "2026-03-17"
        },
        "calculated": false
      }
    },
    {
      "id": "alo-yoga",
      "name": "Alo Yoga",
      "segment": "Activewear",
      "url": "https://www.aloyoga.com/",
      "description": "",
      "sources": [
        {
          "name": "Alo Yoga official site",
          "url": "https://www.aloyoga.com/"
        }
      ]
    },
    {
      "id": "gymshark",
      "name": "Gymshark",
      "segment": "Activewear",
      "url": "https://www.gymshark.com/",
      "description": "",
      "sources": [
        {
          "name": "Gymshark official site",
          "url": "https://www.gymshark.com/"
        }
      ]
    },
    {
      "id": "vuori",
      "name": "Vuori",
      "segment": "Activewear",
      "url": "https://vuoriclothing.com/",
      "description": "",
      "sources": [
        {
          "name": "Vuori official site",
          "url": "https://vuoriclothing.com/"
        }
      ]
    },
    {
      "id": "athleta",
      "name": "Athleta",
      "segment": "Activewear",
      "url": "https://athleta.gap.com/",
      "description": "",
      "sources": [
        {
          "name": "Athleta official site",
          "url": "https://athleta.gap.com/"
        }
      ],
      "growth": {
        "percent": -10,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Brand sales",
        "note": "Annual brand net sales.",
        "source": {
          "name": "Gap Inc. · FY2025 results",
          "url": "https://investors.gapinc.com/press-releases/news-details/2026/Gap-Inc--Reports-Fourth-Quarter-and-Fiscal-2025-Results-Provides-Fiscal-2026-Outlook/default.aspx",
          "date": "2026-03-05"
        },
        "calculated": false
      }
    },
    {
      "id": "fabletics",
      "name": "Fabletics",
      "segment": "Activewear",
      "url": "https://www.fabletics.com/",
      "description": "",
      "sources": [
        {
          "name": "Fabletics official site",
          "url": "https://www.fabletics.com/"
        }
      ]
    },
    {
      "id": "sweaty-betty",
      "name": "Sweaty Betty",
      "segment": "Activewear",
      "url": "https://www.sweatybetty.com/",
      "description": "",
      "sources": [
        {
          "name": "Sweaty Betty official site",
          "url": "https://www.sweatybetty.com/"
        }
      ]
    },
    {
      "id": "beyond-yoga",
      "name": "Beyond Yoga",
      "segment": "Activewear",
      "url": "https://beyondyoga.com/",
      "description": "",
      "sources": [
        {
          "name": "Beyond Yoga official site",
          "url": "https://beyondyoga.com/"
        }
      ]
    },
    {
      "id": "nike",
      "name": "Nike",
      "segment": "Activewear",
      "url": "https://www.nike.com/w/womens-clothing-5e1x6z6ymx6",
      "description": "",
      "sources": [
        {
          "name": "Nike official site",
          "url": "https://www.nike.com/w/womens-clothing-5e1x6z6ymx6"
        }
      ]
    },
    {
      "id": "adidas",
      "name": "adidas",
      "segment": "Activewear",
      "url": "https://www.adidas.com/us/women-clothing",
      "description": "",
      "sources": [
        {
          "name": "adidas official site",
          "url": "https://www.adidas.com/us/women-clothing"
        }
      ]
    },
    {
      "id": "under-armour",
      "name": "Under Armour",
      "segment": "Activewear",
      "url": "https://www.underarmour.com/en-us/c/womens/clothing/",
      "description": "",
      "sources": [
        {
          "name": "Under Armour official site",
          "url": "https://www.underarmour.com/en-us/c/womens/clothing/"
        }
      ]
    },
    {
      "id": "girlfriend-collective",
      "name": "Girlfriend Collective",
      "segment": "Activewear",
      "url": "https://girlfriend.com/",
      "description": "",
      "sources": [
        {
          "name": "Girlfriend Collective official site",
          "url": "https://girlfriend.com/"
        }
      ]
    },
    {
      "id": "on",
      "name": "On",
      "segment": "Activewear",
      "url": "https://www.on.com/en-us/shop/womens/apparel",
      "description": "",
      "sources": [
        {
          "name": "On official site",
          "url": "https://www.on.com/en-us/shop/womens/apparel"
        }
      ],
      "growth": {
        "percent": 30,
        "period": "CY2025",
        "ended": "2025-12-31",
        "scope": "Company",
        "note": "Mostly footwear. Total-company growth, not apparel-only growth.",
        "source": {
          "name": "On · 2025 annual results",
          "url": "https://press.on-running.com/on-announces-fourth-quarter-and-full-year-results-and-the-filing-of-its-annual-report-on-form-20-f-for-2025",
          "date": "2026-03-03"
        },
        "calculated": false
      }
    },
    {
      "id": "moncler",
      "name": "Moncler",
      "segment": "Luxury",
      "url": "https://www.moncler.com/",
      "description": "",
      "sources": [
        {
          "name": "Moncler official site",
          "url": "https://www.moncler.com/"
        }
      ],
      "heat": {
        "rank": 16,
        "change": -3,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "varley",
      "name": "Varley",
      "segment": "Activewear",
      "url": "https://www.varley.com/",
      "description": "",
      "sources": [
        {
          "name": "Varley official site",
          "url": "https://www.varley.com/"
        }
      ]
    },
    {
      "id": "skims",
      "name": "SKIMS",
      "segment": "Intimates",
      "url": "https://skims.com/",
      "description": "",
      "sources": [
        {
          "name": "SKIMS official site",
          "url": "https://skims.com/"
        }
      ]
    },
    {
      "id": "spanx",
      "name": "SPANX",
      "segment": "Intimates",
      "url": "https://spanx.com/",
      "description": "",
      "sources": [
        {
          "name": "SPANX official site",
          "url": "https://spanx.com/"
        }
      ]
    },
    {
      "id": "thirdlove",
      "name": "ThirdLove",
      "segment": "Intimates",
      "url": "https://www.thirdlove.com/",
      "description": "",
      "sources": [
        {
          "name": "ThirdLove official site",
          "url": "https://www.thirdlove.com/"
        }
      ]
    },
    {
      "id": "savage-x-fenty",
      "name": "Savage X Fenty",
      "segment": "Intimates",
      "url": "https://www.savagex.com/",
      "description": "",
      "sources": [
        {
          "name": "Savage X Fenty official site",
          "url": "https://www.savagex.com/"
        }
      ]
    },
    {
      "id": "victorias-secret",
      "name": "Victoria’s Secret",
      "segment": "Intimates",
      "url": "https://www.victoriassecret.com/",
      "description": "",
      "sources": [
        {
          "name": "Victoria’s Secret official site",
          "url": "https://www.victoriassecret.com/"
        }
      ],
      "growth": {
        "percent": 5.2,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Company group",
        "note": "Victoria’s Secret & Co., including PINK and Adore Me; not isolated namesake-brand sales.",
        "source": {
          "name": "Victoria’s Secret & Co. · FY2025 results",
          "url": "https://www.victoriassecretandco.com/news-releases/news-release-details/victorias-secret-co-reports-2025-fourth-quarter-and-full-year",
          "date": "2026-03-05"
        },
        "calculated": true
      }
    },
    {
      "id": "aerie",
      "name": "Aerie",
      "segment": "Intimates",
      "url": "https://www.ae.com/us/en/c/aerie/cat4840006",
      "description": "",
      "sources": [
        {
          "name": "Aerie official site",
          "url": "https://www.ae.com/us/en/c/aerie/cat4840006"
        }
      ],
      "growth": {
        "percent": 11.3,
        "period": "FY2025",
        "ended": "2026-01-31",
        "scope": "Brand segment",
        "note": "Includes OFFL/NE. Revenue growth, not comparable-store sales.",
        "source": {
          "name": "AEO · FY2025 results",
          "url": "https://investors.ae.com/press-releases/news-details/2026/AEO-Inc--Reports-Strong-Fourth-Quarter-Fiscal-2025-Results-Provides-Fiscal-2026-Outlook/default.aspx",
          "date": "2026-03-04"
        },
        "calculated": true
      }
    },
    {
      "id": "adore-me",
      "name": "Adore Me",
      "segment": "Intimates",
      "url": "https://www.adoreme.com/",
      "description": "",
      "sources": [
        {
          "name": "Adore Me official site",
          "url": "https://www.adoreme.com/"
        }
      ]
    },
    {
      "id": "oner-active",
      "name": "Oner Active",
      "segment": "Activewear",
      "url": "https://www.oneractive.com/",
      "description": "",
      "sources": [
        {
          "name": "Oner Active official site",
          "url": "https://www.oneractive.com/"
        }
      ]
    },
    {
      "id": "aybl",
      "name": "AYBL",
      "segment": "Activewear",
      "url": "https://www.aybl.com/",
      "description": "",
      "sources": [
        {
          "name": "AYBL official site",
          "url": "https://www.aybl.com/"
        }
      ]
    },
    {
      "id": "dior",
      "name": "Dior",
      "segment": "Luxury",
      "url": "https://www.dior.com/en_us/fashion",
      "description": "",
      "sources": [
        {
          "name": "Dior official site",
          "url": "https://www.dior.com/en_us/fashion"
        }
      ],
      "heat": {
        "rank": 3,
        "change": 0,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "eberjey",
      "name": "Eberjey",
      "segment": "Intimates",
      "url": "https://eberjey.com/",
      "description": "",
      "sources": [
        {
          "name": "Eberjey official site",
          "url": "https://eberjey.com/"
        }
      ]
    },
    {
      "id": "coach",
      "name": "Coach",
      "segment": "Luxury",
      "url": "https://www.coach.com/",
      "description": "",
      "sources": [
        {
          "name": "Coach official site",
          "url": "https://www.coach.com/"
        }
      ],
      "heat": {
        "rank": 9,
        "change": -1,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "calvin-klein",
      "name": "Calvin Klein",
      "segment": "Intimates",
      "url": "https://www.calvinklein.us/",
      "description": "",
      "sources": [
        {
          "name": "Calvin Klein official site",
          "url": "https://www.calvinklein.us/"
        }
      ]
    },
    {
      "id": "celine",
      "name": "Celine",
      "segment": "Luxury",
      "url": "https://www.celine.com/",
      "description": "",
      "sources": [
        {
          "name": "Celine official site",
          "url": "https://www.celine.com/"
        }
      ],
      "heat": {
        "rank": 15,
        "change": 5,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "bottega-veneta",
      "name": "Bottega Veneta",
      "segment": "Luxury",
      "url": "https://www.bottegaveneta.com/",
      "description": "",
      "sources": [
        {
          "name": "Bottega Veneta official site",
          "url": "https://www.bottegaveneta.com/"
        }
      ],
      "heat": {
        "rank": 14,
        "change": 1,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "levis",
      "name": "Levi’s",
      "segment": "Denim",
      "url": "https://www.levi.com/",
      "description": "",
      "sources": [
        {
          "name": "Levi’s official site",
          "url": "https://www.levi.com/"
        }
      ]
    },
    {
      "id": "wrangler",
      "name": "Wrangler",
      "segment": "Denim",
      "url": "https://www.wrangler.com/",
      "description": "",
      "sources": [
        {
          "name": "Wrangler official site",
          "url": "https://www.wrangler.com/"
        }
      ]
    },
    {
      "id": "versace",
      "name": "Versace",
      "segment": "Luxury",
      "url": "https://www.versace.com/",
      "description": "",
      "sources": [
        {
          "name": "Versace official site",
          "url": "https://www.versace.com/"
        }
      ],
      "heat": {
        "rank": 13,
        "change": -1,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "boden",
      "name": "Boden",
      "segment": "Fashion",
      "url": "https://us.boden.com/",
      "description": "",
      "sources": [
        {
          "name": "Boden official site",
          "url": "https://us.boden.com/"
        }
      ]
    },
    {
      "id": "agolde",
      "name": "AGOLDE",
      "segment": "Denim",
      "url": "https://agolde.com/",
      "description": "",
      "sources": [
        {
          "name": "AGOLDE official site",
          "url": "https://agolde.com/"
        }
      ]
    },
    {
      "id": "citizens-of-humanity",
      "name": "Citizens of Humanity",
      "segment": "Denim",
      "url": "https://citizensofhumanity.com/",
      "description": "",
      "sources": [
        {
          "name": "Citizens of Humanity official site",
          "url": "https://citizensofhumanity.com/"
        }
      ]
    },
    {
      "id": "paige",
      "name": "PAIGE",
      "segment": "Denim",
      "url": "https://paige.com/",
      "description": "",
      "sources": [
        {
          "name": "PAIGE official site",
          "url": "https://paige.com/"
        }
      ]
    },
    {
      "id": "frame",
      "name": "FRAME",
      "segment": "Denim",
      "url": "https://frame-store.com/",
      "description": "",
      "sources": [
        {
          "name": "FRAME official site",
          "url": "https://frame-store.com/"
        }
      ]
    },
    {
      "id": "good-american",
      "name": "Good American",
      "segment": "Denim",
      "url": "https://www.goodamerican.com/",
      "description": "",
      "sources": [
        {
          "name": "Good American official site",
          "url": "https://www.goodamerican.com/"
        }
      ]
    },
    {
      "id": "7-for-all-mankind",
      "name": "7 For All Mankind",
      "segment": "Denim",
      "url": "https://7forallmankind.com/",
      "description": "",
      "sources": [
        {
          "name": "7 For All Mankind official site",
          "url": "https://7forallmankind.com/"
        }
      ]
    },
    {
      "id": "mother",
      "name": "MOTHER",
      "segment": "Denim",
      "url": "https://www.motherdenim.com/",
      "description": "",
      "sources": [
        {
          "name": "MOTHER official site",
          "url": "https://www.motherdenim.com/"
        }
      ]
    },
    {
      "id": "dl1961",
      "name": "DL1961",
      "segment": "Denim",
      "url": "https://dl1961.com/",
      "description": "",
      "sources": [
        {
          "name": "DL1961 official site",
          "url": "https://dl1961.com/"
        }
      ]
    },
    {
      "id": "the-row",
      "name": "The Row",
      "segment": "Luxury",
      "url": "https://www.therow.com/",
      "description": "",
      "sources": [
        {
          "name": "The Row official site",
          "url": "https://www.therow.com/"
        }
      ],
      "heat": {
        "rank": 12,
        "change": -1,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "phoebe-philo",
      "name": "Phoebe Philo",
      "segment": "Luxury",
      "url": "https://www.phoebephilo.com/",
      "description": "",
      "sources": [
        {
          "name": "Phoebe Philo official site",
          "url": "https://www.phoebephilo.com/"
        }
      ],
      "heat": {
        "rank": 18,
        "change": "new",
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "rag-bone",
      "name": "rag & bone",
      "segment": "Denim",
      "url": "https://www.rag-bone.com/",
      "description": "",
      "sources": [
        {
          "name": "rag & bone official site",
          "url": "https://www.rag-bone.com/"
        }
      ]
    },
    {
      "id": "alice-olivia",
      "name": "Alice + Olivia",
      "segment": "Fashion",
      "url": "https://www.aliceandolivia.com/",
      "description": "",
      "sources": [
        {
          "name": "Alice + Olivia official site",
          "url": "https://www.aliceandolivia.com/"
        }
      ]
    },
    {
      "id": "veronica-beard",
      "name": "Veronica Beard",
      "segment": "Fashion",
      "url": "https://veronicabeard.com/",
      "description": "",
      "sources": [
        {
          "name": "Veronica Beard official site",
          "url": "https://veronicabeard.com/"
        }
      ]
    },
    {
      "id": "ganni",
      "name": "GANNI",
      "segment": "Fashion",
      "url": "https://www.ganni.com/",
      "description": "",
      "sources": [
        {
          "name": "GANNI official site",
          "url": "https://www.ganni.com/"
        }
      ]
    },
    {
      "id": "anine-bing",
      "name": "ANINE BING",
      "segment": "Fashion",
      "url": "https://www.aninebing.com/",
      "description": "",
      "sources": [
        {
          "name": "ANINE BING official site",
          "url": "https://www.aninebing.com/"
        }
      ]
    },
    {
      "id": "doen",
      "name": "DÔEN",
      "segment": "Fashion",
      "url": "https://www.shopdoen.com/",
      "description": "",
      "sources": [
        {
          "name": "DÔEN official site",
          "url": "https://www.shopdoen.com/"
        }
      ]
    },
    {
      "id": "farm-rio",
      "name": "FARM Rio",
      "segment": "Fashion",
      "url": "https://farmrio.com/",
      "description": "",
      "sources": [
        {
          "name": "FARM Rio official site",
          "url": "https://farmrio.com/"
        }
      ]
    },
    {
      "id": "rixo",
      "name": "RIXO",
      "segment": "Fashion",
      "url": "https://rixolondon.com/",
      "description": "",
      "sources": [
        {
          "name": "RIXO official site",
          "url": "https://rixolondon.com/"
        }
      ]
    },
    {
      "id": "self-portrait",
      "name": "Self-Portrait",
      "segment": "Fashion",
      "url": "https://www.self-portrait.com/",
      "description": "",
      "sources": [
        {
          "name": "Self-Portrait official site",
          "url": "https://www.self-portrait.com/"
        }
      ]
    },
    {
      "id": "a-l-c",
      "name": "A.L.C.",
      "segment": "Fashion",
      "url": "https://alcltd.com/",
      "description": "",
      "sources": [
        {
          "name": "A.L.C. official site",
          "url": "https://alcltd.com/"
        }
      ]
    },
    {
      "id": "sandro",
      "name": "Sandro",
      "segment": "Fashion",
      "url": "https://us.sandro-paris.com/",
      "description": "",
      "sources": [
        {
          "name": "Sandro official site",
          "url": "https://us.sandro-paris.com/"
        }
      ]
    },
    {
      "id": "maje",
      "name": "Maje",
      "segment": "Fashion",
      "url": "https://us.maje.com/",
      "description": "",
      "sources": [
        {
          "name": "Maje official site",
          "url": "https://us.maje.com/"
        }
      ]
    },
    {
      "id": "the-frankie-shop",
      "name": "The Frankie Shop",
      "segment": "Fashion",
      "url": "https://thefrankieshop.com/",
      "description": "",
      "sources": [
        {
          "name": "The Frankie Shop official site",
          "url": "https://thefrankieshop.com/"
        }
      ]
    },
    {
      "id": "ulla-johnson",
      "name": "Ulla Johnson",
      "segment": "Fashion",
      "url": "https://ullajohnson.com/",
      "description": "",
      "sources": [
        {
          "name": "Ulla Johnson official site",
          "url": "https://ullajohnson.com/"
        }
      ]
    },
    {
      "id": "zimmermann",
      "name": "Zimmermann",
      "segment": "Fashion",
      "url": "https://www.zimmermann.com/",
      "description": "",
      "sources": [
        {
          "name": "Zimmermann official site",
          "url": "https://www.zimmermann.com/"
        }
      ]
    },
    {
      "id": "lulus",
      "name": "Lulus",
      "segment": "Fashion",
      "url": "https://www.lulus.com/",
      "description": "",
      "sources": [
        {
          "name": "Lulus official site",
          "url": "https://www.lulus.com/"
        }
      ],
      "growth": {
        "percent": -11,
        "period": "FY2025",
        "ended": "2025-12-28",
        "scope": "Company",
        "note": "Annual net sales.",
        "source": {
          "name": "Lulus · FY2025 results",
          "url": "https://investors.lulus.com/news-releases/news-release-details/lulus-reports-fourth-quarter-and-fiscal-year-2025-results",
          "date": "2026-03-30"
        },
        "calculated": false
      }
    },
    {
      "id": "oh-polly",
      "name": "Oh Polly",
      "segment": "Fashion",
      "url": "https://www.ohpolly.com/",
      "description": "",
      "sources": [
        {
          "name": "Oh Polly official site",
          "url": "https://www.ohpolly.com/"
        }
      ]
    },
    {
      "id": "urban-outfitters",
      "name": "Urban Outfitters",
      "segment": "Fashion",
      "url": "https://www.urbanoutfitters.com/",
      "description": "",
      "sources": [
        {
          "name": "Urban Outfitters official site",
          "url": "https://www.urbanoutfitters.com/"
        }
      ],
      "growth": {
        "percent": 8.3,
        "period": "FY2026",
        "ended": "2026-01-31",
        "scope": "Brand sales",
        "note": "Includes lifestyle products beyond apparel.",
        "source": {
          "name": "URBN · FY2026 results",
          "url": "https://investor.urbn.com/news-releases/news-release-details/urbn-reports-record-fy26-q4-sales-and-operating-results",
          "date": "2026-02-25"
        },
        "calculated": true
      }
    },
    {
      "id": "jacquemus",
      "name": "Jacquemus",
      "segment": "Luxury",
      "url": "https://www.jacquemus.com/",
      "description": "",
      "sources": [
        {
          "name": "Jacquemus official site",
          "url": "https://www.jacquemus.com/"
        }
      ],
      "heat": {
        "rank": 19,
        "change": "re-entry",
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "miu-miu",
      "name": "Miu Miu",
      "segment": "Luxury",
      "url": "https://www.miumiu.com/",
      "description": "",
      "sources": [
        {
          "name": "Miu Miu official site",
          "url": "https://www.miumiu.com/"
        }
      ],
      "heat": {
        "rank": 2,
        "change": 2,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "prada",
      "name": "Prada",
      "segment": "Luxury",
      "url": "https://www.prada.com/",
      "description": "",
      "sources": [
        {
          "name": "Prada official site",
          "url": "https://www.prada.com/"
        }
      ],
      "heat": {
        "rank": 6,
        "change": 1,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "gucci",
      "name": "Gucci",
      "segment": "Luxury",
      "url": "https://www.gucci.com/",
      "description": "",
      "sources": [
        {
          "name": "Gucci official site",
          "url": "https://www.gucci.com/"
        }
      ],
      "heat": {
        "rank": 5,
        "change": 0,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "saint-laurent",
      "name": "Saint Laurent",
      "segment": "Luxury",
      "url": "https://www.ysl.com/",
      "description": "",
      "sources": [
        {
          "name": "Saint Laurent official site",
          "url": "https://www.ysl.com/"
        }
      ],
      "heat": {
        "rank": 4,
        "change": -2,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "chloe",
      "name": "Chloé",
      "segment": "Luxury",
      "url": "https://www.chloe.com/",
      "description": "",
      "sources": [
        {
          "name": "Chloé official site",
          "url": "https://www.chloe.com/"
        }
      ],
      "heat": {
        "rank": 11,
        "change": 3,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "burberry",
      "name": "Burberry",
      "segment": "Luxury",
      "url": "https://us.burberry.com/l/womens-clothing/",
      "description": "",
      "sources": [
        {
          "name": "Burberry official site",
          "url": "https://us.burberry.com/l/womens-clothing/"
        }
      ],
      "heat": {
        "rank": 8,
        "change": 1,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    },
    {
      "id": "loewe",
      "name": "Loewe",
      "segment": "Luxury",
      "url": "https://www.loewe.com/",
      "description": "",
      "sources": [
        {
          "name": "Loewe official site",
          "url": "https://www.loewe.com/"
        }
      ],
      "heat": {
        "rank": 17,
        "change": -1,
        "period": "Q2 2026",
        "source": {
          "name": "The Lyst Index · Q2 2026",
          "url": "https://www.lyst.com/the-lyst-index/Q2-26/"
        }
      }
    }
  ],
  "answers": [
    {
      "group": "In this industry",
      "id": "answer-premium-clothing-aov",
      "question": "How should a premium clothing brand read the AOV range?",
      "text": "Use the $64.07 median and the $28.81–$122.63 middle range as context for the wider Apparel & Fashion category. The upper quartile is a position in that distribution, not a separate luxury-clothing benchmark or a recommended price.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-premium-clothing-aov",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. How should a premium clothing brand read the AOV range? Use the $64.07 median and the $28.81–$122.63 middle range as context for the wider Apparel & Fashion category. The upper quartile is a position in that distribution, not a separate luxury-clothing benchmark or a recommended price. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-premium-clothing-aov",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "In this industry",
      "id": "answer-womens-apparel-edition",
      "question": "Is Women's Apparel measured separately from all apparel?",
      "text": "Yes. Women's Apparel has its own research edition with an exact-subcategory aggregate. The Apparel & Fashion benchmark on this page includes the industry root and its subcategories; the two scopes are different.",
      "context": "",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-womens-apparel-edition",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. Is Women's Apparel measured separately from all apparel? Yes. Women's Apparel has its own research edition with an exact-subcategory aggregate. The Apparel & Fashion benchmark on this page includes the industry root and its subcategories; the two scopes are different.  Source: https://madgicx.com/labs/industries/apparel-fashion#subcategories Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-womens-apparel-edition",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#subcategories"
    },
    {
      "group": "In this industry",
      "id": "answer-clothing-items-per-order",
      "question": "Does apparel AOV tell me how many garments are in an order?",
      "text": "AOV measures monetary order value. The account AOV aggregate on this page does not include an items-per-order breakdown, so it cannot show whether a clothing basket contains one garment or several.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-clothing-items-per-order",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. Does apparel AOV tell me how many garments are in an order? AOV measures monetary order value. The account AOV aggregate on this page does not include an items-per-order breakdown, so it cannot show whether a clothing basket contains one garment or several. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-clothing-items-per-order",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Read the benchmark",
      "id": "answer-median-aov",
      "question": "What is the average order value benchmark for Apparel & Fashion?",
      "text": "The median account AOV for Apparel & Fashion is $64.07 USD. This is the middle account-level average order value in the benchmark.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-median-aov",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. What is the average order value benchmark for Apparel & Fashion? The median account AOV for Apparel & Fashion is $64.07 USD. This is the middle account-level average order value in the benchmark. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-median-aov",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Read the benchmark",
      "id": "answer-aov-range",
      "question": "What is the typical AOV range in Apparel & Fashion?",
      "text": "The middle 50% of account AOVs runs from $28.81 to $122.63 USD. This is the interquartile range, not the minimum and maximum.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-aov-range",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. What is the typical AOV range in Apparel & Fashion? The middle 50% of account AOVs runs from $28.81 to $122.63 USD. This is the interquartile range, not the minimum and maximum. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-aov-range",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Read the benchmark",
      "id": "answer-lower-quartile-aov",
      "question": "What is the lower-quartile AOV?",
      "text": "The 25th-percentile account AOV is $28.81 USD. It marks the lower edge of the middle 50% of this distribution.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-lower-quartile-aov",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. What is the lower-quartile AOV? The 25th-percentile account AOV is $28.81 USD. It marks the lower edge of the middle 50% of this distribution. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-lower-quartile-aov",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Read the benchmark",
      "id": "answer-upper-quartile-aov",
      "question": "What is the upper-quartile AOV?",
      "text": "The 75th-percentile account AOV is $122.63 USD. It marks the upper edge of the middle 50%, not a performance target.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-upper-quartile-aov",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. What is the upper-quartile AOV? The 75th-percentile account AOV is $122.63 USD. It marks the upper edge of the middle 50%, not a performance target. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-upper-quartile-aov",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Read the benchmark",
      "id": "answer-aov-calculation",
      "question": "What does this AOV benchmark show?",
      "text": "Median and middle 50% of observed account-level average order values in USD, with each account weighted equally. Use this range as a comparison, not a profitability measure.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-aov-calculation",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. What does this AOV benchmark show? Median and middle 50% of observed account-level average order values in USD, with each account weighted equally. Use this range as a comparison, not a profitability measure. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-aov-calculation",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Put it in context",
      "id": "answer-median-or-mean",
      "question": "Is this the mean AOV across all orders?",
      "text": "No. It is the median of account-level average order values. Each account receives equal weight; it is not a pooled average of every order.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-median-or-mean",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. Is this the mean AOV across all orders? No. It is the median of account-level average order values. Each account receives equal weight; it is not a pooled average of every order. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-median-or-mean",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Put it in context",
      "id": "answer-benchmark-period",
      "question": "When was this benchmark snapshot read?",
      "text": "The snapshot was read on 11 October 2026.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-benchmark-period",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. When was this benchmark snapshot read? The snapshot was read on 11 October 2026. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-benchmark-period",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Put it in context",
      "id": "answer-benchmark-coverage",
      "question": "Which industry or subcategory does this benchmark cover?",
      "text": "This benchmark covers Apparel & Fashion classifications at the industry root and its subcategories. It is an aggregated advertising-data benchmark, not a census of all businesses.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-benchmark-coverage",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. Which industry or subcategory does this benchmark cover? This benchmark covers Apparel & Fashion classifications at the industry root and its subcategories. It is an aggregated advertising-data benchmark, not a census of all businesses. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-benchmark-coverage",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Put it in context",
      "id": "answer-compare-aov",
      "question": "How can I compare my AOV with this benchmark?",
      "text": "Enter your AOV in USD in the comparison field above. It shows the difference from the median and whether your value falls below, within or above the middle 50%. Your entered amount stays on this page.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-compare-aov",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. How can I compare my AOV with this benchmark? Enter your AOV in USD in the comparison field above. It shows the difference from the median and whether your value falls below, within or above the middle 50%. Your entered amount stays on this page. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-compare-aov",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Put it in context",
      "id": "answer-aov-performance",
      "question": "Does an above-median AOV mean better advertising performance?",
      "text": "The comparison describes position in the account AOV distribution, not profitability. It is not a performance score.",
      "context": "USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026.",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-aov-performance",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. Does an above-median AOV mean better advertising performance? The comparison describes position in the account AOV distribution, not profitability. It is not a performance score. USD · Equal-weight AOV benchmark. Snapshot read 11 October 2026. Source: https://madgicx.com/labs/industries/apparel-fashion#benchmark Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-aov-performance",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#benchmark"
    },
    {
      "group": "Use this research",
      "id": "answer-directory-and-benchmark",
      "question": "Are the listed brands the businesses behind the benchmark?",
      "text": "Inclusion does not indicate participation in the benchmark or a Madgicx customer relationship.",
      "context": "",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-directory-and-benchmark",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. Are the listed brands the businesses behind the benchmark? Inclusion does not indicate participation in the benchmark or a Madgicx customer relationship.  Source: https://madgicx.com/labs/industries/apparel-fashion#brands Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-directory-and-benchmark",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#brands"
    },
    {
      "group": "Use this research",
      "id": "answer-brand-level-aov",
      "question": "Can I use the industry AOV as a listed brand's AOV?",
      "text": "No brand-level AOV, customer affiliation or ad spend is inferred. Independent public brand references are separate from the aggregate benchmark.",
      "context": "",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-brand-level-aov",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. Can I use the industry AOV as a listed brand's AOV? No brand-level AOV, customer affiliation or ad spend is inferred. Independent public brand references are separate from the aggregate benchmark.  Source: https://madgicx.com/labs/industries/apparel-fashion#method Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-brand-level-aov",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#method"
    },
    {
      "group": "Use this research",
      "id": "answer-download-research",
      "question": "Can I download this industry research?",
      "text": "The exports section provides this edition in Markdown and JSON, along with a research index. Credit Madgicx Research & Labs and link to the exact source. Keep its snapshot date and scope.",
      "context": "",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-download-research",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. Can I download this industry research? The exports section provides this edition in Markdown and JSON, along with a research index. Credit Madgicx Research & Labs and link to the exact source. Keep its snapshot date and scope.  Source: https://madgicx.com/labs/industries/apparel-fashion#reuse Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-download-research",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#reuse"
    },
    {
      "group": "Use this research",
      "id": "answer-cite-research",
      "question": "How should I cite a finding from this page?",
      "text": "Credit Madgicx Research & Labs and link to the exact source. Keep its snapshot date and scope.",
      "context": "",
      "url": "https://madgicx.com/labs/industries/apparel-fashion#answer-cite-research",
      "citation": "Madgicx Research & Labs. Apparel & Fashion. How should I cite a finding from this page? Credit Madgicx Research & Labs and link to the exact source. Keep its snapshot date and scope.  Source: https://madgicx.com/labs/industries/apparel-fashion#reuse Answer: https://madgicx.com/labs/industries/apparel-fashion#answer-cite-research",
      "source_url": "https://madgicx.com/labs/industries/apparel-fashion#reuse"
    }
  ]
}
