The faster development of a combination of new services such as subscription models, second-hand channels, banking solutions and the improvement of consumer engagement with both online and offline activities are among the main trends expected to influence apparel and footwear specialists over the forecast period. Such major investments from leading brands are likely to reinforce their presence and consolidation of share in the channel.
The blending of digital and physical existence is what is now commonly defined as the metaverse, and is likely to continue to evolve. AI bots, virtual homes, holographic meetings, and NFT art are some of the examples that have emerged, with fashion entering this space by experimenting with the thin line between tangible and digital, and understanding how users interact and feel about this major behaviour shift.
Recent acquisitions evident in apparel and footwear specialists, including Grupo De Moda Soma SA with Hering and Hering Kids, and Arezzo Indústria & Comércio with Reserva, a traditional chain of apparel specialists, are likely to intensify in the coming years. Arezzo has also added US brand Vans to its portfolio, becoming its exclusive distributor in Brazil.
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Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Brazil with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel and Footwear Specialists industry in Brazil, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Apparel and footwear specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: clothing, footwear, and/or fashion accessories (costume jewellery, sunglasses, belts, hats, gloves, handbags, scarves, etc.). Apparel specialists include specialty apparel like wedding dress shops. Example brands include Primark, TJ Maxx, and Zara. Sportswear retailers, such as Adidas and Nike, are excluded from this channel and are included in Sports Goods Stores; this is due to the companies considering themselves sports companies as opposed to apparel companies.See All of Our Definitions
This report originates from Passport, our Apparel and Footwear Specialists research and analysis database.
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