Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Designer Apparel and Footwear (Ready-to-Wear) in

Designer Apparel and Footwear (Ready-To-Wear) in Hong Kong, China

16 pages, Feb 2019

US$990

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Designer apparel and footwear (ready-to-wear) returns to growth

Designer apparel and footwear (ready-to-wear) has returned to growth in current value terms in 2018 for the first time in three years. Sales of these products were hit by the drop in inbound arrivals from China and an economic slowdown in Hong Kong, with consumers turning to more affordable mid-priced brands.

Becoming More Competitive Owing to Internet Retailing and Fast Fashion

Although internet retailing has quite low penetration in Hong Kong, e-commerce is growing faster in designer apparel and footwear (ready-to-wear) than in many other categories. This is mainly because of the huge variety of clothing designs that are available.

High rents see brands turn to pop-up stores

Due to high property prices in Hong Kong there has been a growing trend for fashion brands to open up pop-up stores, rather than committing to a costly rental contract. These pop-up stores also allow brands to experiment with unique concepts to attract consumers.

COMPETITIVE LANDSCAPE

Brands open stores off the back of economic recovery

After a tough period in which some brands even had to close down some of their stores in Hong Kong, luxury designer brands are recovering thanks to the rebound in arrivals of Chinese tourists. As the category warms up, luxury brands are starting to expand their number of stores again, with a significant example being the opening of Hermès three-storey outlet in Hong Kong’s Central district.

Velveteen opens concept store for its luxury childrenswear

Luxury childrenswear company Velveteen opened its first concept store in Hong Kong in 2018. The store plans to hold fashion shows as well as running art and illustration classes, offering the opportunity to design your own doll’s clothes and providing ideas on how to use fabric scraps to make accessories.

Affordable luxury attracting interest

Due to the competition from fast fashion retailers some players have been looking to drive interest through offering designer apparel and footwear (ready-to-wear) at more affordable prices. For example, RDM, an Italian retail developer opened Florentia Village, a discount mall offering luxury brands, at KC100 complex near the Kwai Hing MTR station in 2017.

Files are delivered directly into your account within a few minutes of purchase.

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Samples (FAQs about samples):

Delivery:

Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Designer Apparel and Footwear (Ready-to-Wear) industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Designer Apparel and Footwear (Ready-to-Wear) industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Designer Apparel and Footwear (Ready-to-Wear) in Hong Kong, China market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Designer Apparel and Footwear (Ready-to-Wear) in Hong Kong, China?
What are the major brands in Hong Kong, China?
How dynamic is the growth of Designer Apparel and Footwear (Ready-to-Wear) internet sales?
What is driving growth?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply function

Want to find out more about this report?

Request more information

Designer Apparel and Footwear (Ready-To-Wear) in Hong Kong, China - Category analysis

HEADLINES

PROSPECTS

Designer apparel and footwear (ready-to-wear) returns to growth

Becoming More Competitive Owing to Internet Retailing and Fast Fashion

High rents see brands turn to pop-up stores

COMPETITIVE LANDSCAPE

Brands open stores off the back of economic recovery

Velveteen opens concept store for its luxury childrenswear

Affordable luxury attracting interest

CATEGORY DATA

Table 1 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2013-2018
Table 2 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2013-2018
Table 3 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2013-2017
Table 4 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2014-2017
Table 5 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2013-2018
Table 6 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2018-2023
Table 7 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2018-2023

Luxury Goods in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

Luxury goods continues its recovery

Consumer confidence returns

Electric cars and “The China Dream” influence demand

Internet retailing gains interest

Positive outlook for luxury goods despite challenges

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2013-2018
Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023

Megatrends

Country Report

Designer Apparel and Footwear (Ready-To-Wear) in Hong Kong, China

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Designer apparel and footwear (ready-to-wear) returns to growth

Becoming More Competitive Owing to Internet Retailing and Fast Fashion

High rents see brands turn to pop-up stores

COMPETITIVE LANDSCAPE

Brands open stores off the back of economic recovery

Velveteen opens concept store for its luxury childrenswear

Affordable luxury attracting interest

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Designer Apparel and Footwear (Ready-To-Wear) in Hong Kong, China - Category analysis

HEADLINES

PROSPECTS

Designer apparel and footwear (ready-to-wear) returns to growth

Becoming More Competitive Owing to Internet Retailing and Fast Fashion

High rents see brands turn to pop-up stores

COMPETITIVE LANDSCAPE

Brands open stores off the back of economic recovery

Velveteen opens concept store for its luxury childrenswear

Affordable luxury attracting interest

CATEGORY DATA

Luxury Goods in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

Luxury goods continues its recovery

Consumer confidence returns

Electric cars and “The China Dream” influence demand

Internet retailing gains interest

Positive outlook for luxury goods despite challenges

MARKET INDICATORS

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Company Reports

Recently Viewed

Complete Catalogue

Country Reports

Company Reports