Apparel and footwear specialists are set to record a decline in retail value sales over the first half of the forecast period. The war in Ukraine has caused consumer confidence to fall in 2022, and the expectation is that consumer confidence will remain low during the first few years of the forecast period.
Rising inflation levels will see consumers paying more attention to their spending, with many looking to curb clothing costs. As such, consumers will look to buy cheaper clothes or fewer clothes.
The forecast period will be challenging for fashion retailers; in particular, shops that were already struggling before COVID-19 will continue to struggle further due to rising costs and the growing popularity of e-commerce. Many of these retailers were aided during the pandemic by the government's COVID-19 support; however, they now need to survive the cost of living crisis.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Netherlands 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 Netherlands, 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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!