Sign In

Designer Apparel and Footwear (Ready-to-Wear) in
United Arab Emirates

Country Report

US$990
Add to cart

Executive Summary

Feb 2019
PROSPECTS
Local consumers attracted by international trends

A large share of the population in the United Arab Emirates is 30-45 years old, with this segment being well travelled, exposed to social media and having money to spend on global luxury brands. Such consumers are interested in keeping up with international trends when it comes to owning high quality and unique designs that are suitable for multiple occasions.

Declining demand negatively impacts sales

Sales in many retail areas in the United Arab Emirates continue to fall, including designer apparel and footwear, due to currency fluctuations, with dirham-priced items being 20-40% more expensive than in Western countries. As a result, well-travelled residents are increasingly shopping abroad, where they can enjoy greater value for money.

Concerns over economy and taxes

Sluggish sales and the recent introduction of an excise tax have increased uncertainty among players in this area. The recent introduction of VAT will continue to impact the local economy.

COMPETITIVE LANDSCAPE
Sales continue to be led by international brands

LVMH Moët Hennessy Louis Vuitton is the leading GBO in this area, with the company remaining highly popular among consumers as a result of a strong historic presence and brand awareness. Yves Saint Laurent, Armani, Fendi, Dolce & Gabbana and Gucci are the leading designer apparel and footwear brands, enjoying strong demand from Western tourists and affluent residents.

Continued focus on local partnerships

Chalhoub Group and Al Tayer Group are the most popular local partners for major luxury brands in this area. In response to the recent economic downturn and low consumer confidence, leading companies are focusing on offering products and services to meet the needs of very wealthy local and foreign customers.

Growing competition from internet retailing

A growing number of affluent younger consumers are using the internet to purchase products in this area. Recent launches include Ounass.

Want to find out more about this report?
Request more information
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.

Your Recently Viewed Reports
Frequently asked questions Our Definitions

Designer Apparel and Footwear (Ready-To-Wear) in the United Arab Emirates

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 United Arab Emirates 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 United Arab Emirates, 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 United Arab Emirates 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 United Arab Emirates?
  • What are the major brands in United Arab Emirates?
  • 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

Designer Apparel and Footwear (Ready-To-Wear) in the United Arab Emirates - Category analysis

HEADLINES

PROSPECTS

Local consumers attracted by international trends
Declining demand negatively impacts sales
Concerns over economy and taxes

COMPETITIVE LANDSCAPE

Sales continue to be led by international brands
Continued focus on local partnerships
Growing competition from internet retailing

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 the United Arab Emirates - Industry Overview

EXECUTIVE SUMMARY

Unstable performance for luxury goods in United Arab Emirates
Rising demand for high quality
Retailers respond to intense competition
Internet retailing continues to grow in popularity
Luxury goods growth to remain limited

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

SOURCES

Summary 1 Research Sources