The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreJan 2021
US$990Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
The travel restrictions placed on international visitors by the Singapore Government in order to contain the outbreak of COVID-19 severely impacted demand for designer apparel and footwear (ready-to-wear) in 2020 with the category recording double-digit retail volume and current value declines. This particularly impacted fashion houses which rely heavily on Chinese spending, given that China accounted for close to 35% of luxury purchases globally in 2019.
With fashion houses turning their attention towards local consumption, brands have been ramping up their digitalisation strategies in an attempt to maintain domestic spending, as well as to move stock which has built up during the physical closure of boutiques. An example of this strategy was noted by Bvlgari (Louis Vuitton Singapore Pte Ltd), which successfully launched a new payment method, CosmoPay, on its e-commerce site.
The onset of the home seclusion trend and staying indoors as a result of social distancing and lockdown restrictions have reduced consumers’ need to go out, and subsequently the purchase of occasion-based apparel and footwear offered by the likes of leading brands such as Chanel, Hermès, Gucci and Moncler. In its place, loungewear has become the default outfit for many consumers during the pandemic, offering a comfortable yet stylish alternative.
Files are delivered directly into your account within a few minutes of purchase.
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.
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 Singapore 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 Singapore, 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 Singapore market research report includes:
Our market research reports answer questions such as:
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.