The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreFeb 2021
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Based on trade sources, tourism spending accounts for about 30% of all luxury spending in Singapore. With the ban on short-term visitor arrivals since March 2020, the local luxury apparel and footwear market has taken a significant hit from a decline in its main source of revenue, international tourists.
With COVID-19, consumers are increasingly staying home to avoid the risk of contracting the virus. Schools and workplaces have suspended on-site operations and have switched to working from home and online lessons for the foreseeable future.
Recognising that apparel and footwear are high touch items, apparel and footwear retailers have responded by putting in place various hygiene and disinfection measures to ensure the safety of their customers. Areas within the stores that are high touch points, such as changing rooms or clothing racks, are frequently wiped down throughout the day.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Clothing and Footwear Specialist Retailers industry in Singapore with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Clothing and Footwear Specialist Retailers industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.
The Clothing and Footwear Specialist Retailers in Singapore market research report includes:
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Why buy this report?
This industry report originates from Passport, our Retailing market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.