Singapore is a popular shopping destination for many regional tourists, due to the high number of international fashion brands that have a physical presence in the city-state. Popular shopping areas include the Orchard Road shopping precinct, as well as Shoppes at Marina Bay Sands, an integrated resort where many luxury apparel and footwear brands operate boutiques.
The concept of fast fashion and ultra-fast fashion gained notable momentum within apparel and footwear retail in Singapore over the review period. With the proliferation and growth of popular retailers such as H&M, Zara and e-commerce platforms such as Asos and Zalora Marketplace, consumers could access a wide range of options, often seeking fashionable clothing with acceptable quality and at wallet-friendly prices.
While many apparel and footwear specialists enjoy a strong following due to their mass market appeal and affordable prices, they are likely to continue to be challenged by the rise of direct-to-consumer (DTC) brands and e-commerce pure play retailers over the forecast period. The latter have the advantage of operating an online- only presence, hence reducing overheads such as manpower and rent, while at the same time, their digital native nature enables them to leverage digital tools to build an always-on consumer relationship and make quick operational decisions.
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Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Singapore 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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