Canada continued to face economic pressures at the start of 2023 with many of the same uncertainties that impacted 2022 continuing to be felt, such as the war in Ukraine, rising fuel costs and ongoing supply chain issues. In response consumers are becoming more cautious about discretionary spending on apparel and footwear with their focus being on other necessities, as such this is likely to put the brakes on the recovery of apparel and footwear specialist retailers.
Consumers are becoming increasingly conscious of the wider impact that their purchasing decisions may have on the environment and the wider world and this is likely to increasingly inform the future strategies of apparel and footwear specialists. The majority of Canadians are now looking to retailers to adopt more sustainable practices and thus those apparel and footwear specialists that can provide transparency in their supply chain and which use sustainable production practices and materials will likely find favour, while those that do not could lose share.
Manufacturers have started paying more attention to the benefits of pursuing a direct-to-consumer (DTC) sales model as a growing number of consumers get used to buying apparel and footwear online. DTC offers manufacturers more control on their shopper data and places less reliance on retailer’s infrastructure.
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Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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