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Learn moreJan 2021
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This category saw a relatively limited impact from COVID-19 in 2020. While value sales did drop into negative growth territory, this was not as severe as the downturns seen elsewhere in the market.
Given the economic impact of COVID-19, consumers continued to favour apparel and footwear at relatively affordable prices. Younger consumers especially drove this trend.
Despite COVID-19, the category’s performance benefited from consumers being forced to change plans. As travel restrictions hit, many of those who were planning to go on an overseas trip prior to the COVID-19 outbreak turned to spending their money on luxury goods, including designer apparel and footwear.
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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 South Korea 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 South Korea, 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 South Korea market research report includes:
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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.