Apparel and footwear specialists is expected to continue to recover sales. However, economic pressures and the extent of the slump in the wake of COVID-19 mean that retail value (constant 2022 prices) sales are not projected to return to the 2019 pre-pandemic level before the end of the forecast period.
It is expected that more global apparel specialists will put greater effort into sustainable materials when sourcing fabrics and developing products. Following COVID-19, research has stated that consumers are increasingly concerned about the environment and tend to think more about spending on good quality, more sustainable clothes.
It is expected that local branded apparel specialists will try to gain additional revenues not only in department stores or hypermarkets, but in the form of standalone outlets or even units inside petrol stations. Mc Jeans outlets were recently built inside petrol stations as they see growth opportunities in appealing to travellers, who tend to spend more as on the move, especially during holidays.
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Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Thailand 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 Thailand, 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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