Apparel and Footwear

Worries about Coronavirus (COVID-19) and economic downturn have forced consumers to re-evaluate their life priorities and habits. With that the narrative in health, beauty and fashion has also changed to reflect newly emerged consumer priorities and ...

Fourth largest player in the global apparel and footwear market, H&M is hit hard by forced store closures around the world, following the COVID-19 outbreak. The crisis further accelerates the Group’s digital shift, and its store rationalisation. It ...

While store-based retailing dominated the retail landscape of apparel and footwear, the industry saw a channel shift towards e-commerce. The channel shift has accelerated due to the Coronavirus pandemic. As e-commerce is a main channel during ...

Early July 2020, Euromonitor published revised forecasts for Apparel and Footwear for 2020-2024 that considered the implications of the novel coronavirus COVID-19. Overall, COVID-19 is expected to severely suppress global demand for Apparel and ...

Western Europe sees sales decline for menswear over the review period due macroeconomic challenges, aggressive competitive environment and weakened demand. Athleisure and casual clothing trends favour the cheapest categories, such as jeans and tops. ...

The South African economy continued to struggle at the end of the review period, with increasing unemployment and rising living expenses. Apparel and footwear thus experienced difficulties in maintaining sales, with many retailers resorting to price ...

This report examines the short-term impact of Coronavirus (COVID-19) on apparel and footwear and the immediate strategies deployed by key players as a result. With consumption at a standstill and inventory piling up in warehouses, business priorities...

While non-sports apparel and footwear continues to struggle amidst an increasingly difficult economic backdrop, sports and sports-inspired apparel and footwear are faring better, driven in no small part by the ongoing athleisure trend. Offering ...

Consumer spending in Taiwan is being boosted by falling unemployment, the rising minimum wage and increasing public sector salaries. The trade war between China and the US threatens to spill over into Taiwan, which relies heavily on exports. However,...

After the very modest current value growth registered in 2018 against a backdrop of political turbulence, 2019 started with many positive expectations due to the new government’s liberal approach to economic management, social security reform and ...

The UAE, and Dubai in particular, enjoys a global reputation as a retail destination with a lot of existing and new eye-catching malls selling a wide variety of Apparel and Footwear. Global economic slowdown, regional geopolitical tensions and trade ...

Due to the economic crisis that hit the country in 2018, sales of apparel and footwear decreased strongly at the end of the review period. This continued in 2019 due to constraints on consumer spending power, although some categories did show ...

Premiumisation is a key consumer trend in Australia, but it’s meaning is changing. Where once price and quality were paramount, consumers are moving to more thoughtful and emotional consumption. Simplification and provenance are also key, with ...

Retail volume and current value growth of apparel and footwear remained strong in Romania 2019, driven by womenswear, due to the continued demand for a wide range of products and the high number of people purchasing in this category, and ...

Apparel and footwear specialist retailers continued to see current value growth in 2019, although this was at the slowest rate seen in the review period. Despite the increasing importance of department stores for purchases of such products, Peruvians...

In 2019, volume and value growth of apparel and footwear was healthy and similarly positive to, but slightly slower in Thailand than it was in the previous year, with local brands and imported items from China and Korea having gained ground thanks to...

Apparel and footwear show declines (or no growth) in value across all categories in Hong Kong 2019. Jeans sees the steepest decline and hosiery sees the smallest impact with no growth recorded. The overall reason for this is disruption caused by the ...

Further growth was recorded in apparel and footwear in Malaysia in 2019. The expanding fast fashion brands, including Pandini, Uniqlo and H&M, continued to offer discounts and affordable pricing to drive sales. E-commerce experienced dynamic growth, ...

The prolonged slump in apparel and footwear in France persisted in 2019, with total volume and current value sales declining marginally. Economic and political uncertainty continued to subdue demand, with maturity, saturation, aggressive price ...

In 2019 Ukraine’s economy continued to stabilise following the crisis years of 2014 and 2015. With renewed confidence, consumers became accustomed to more frequent purchases of apparel and footwear. The stable local currency and minimal inflation ...