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Learn moreJan 2021
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The most immediate impact on sales of designer apparel and footwear (ready-to-wear) in 2020 has been the shutdown of all non-essential retail between March and May. Retailers of these products are typically based in urban shopping centres in Romania, and all of these outlets were shuttered.
Romania is set to see a severe economic contraction as a result of the pandemic in 2020, although its solid macroeconomic performance prior to 2020 leaves it better positioned than most to rebuild in 2021. Nonetheless, sales of designer apparel and footwear (ready-to-wear) are set to see the rise in unemployment rate and a drop in disposable income hit values.
A less direct effect of the pandemic is the shutdown of much of the country’s social life, either with the shuttering of foodservice and entertainment venues, or the ban on social gatherings such as weddings or baptisms that remains in place at the end of 2020. This has reduced the number of occasions when consumers might look to buy a new outfit; in lockdown, there has simply been less need to shop for designer apparel and footwear (ready-to-wear).
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Overview
Discover the latest market trends and uncover sources of future market growth for the Designer Apparel and Footwear (Ready-to-Wear) industry in Romania 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 Romania, our research will save you time and money while empowering you to make informed, profitable decisions.
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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.