France

The global recession of 2020 was milder than expected with global real GDP in 2020 contracting by 3.6%. The global economic outlook has substantially improved since the end of 2020. Global real GDP growth in 2021 is expected to be 5.3%. The global ...

In 2020, France registered one of the sharpest economic downturns among regional countries, due to the COVID-19 pandemic. The economy is expected to witness recovery over the medium term, supported by easing containment measures, an accommodative ...

Consumer foodservice posted double-digits declines in terms of transactions and value sales in 2020, primarily due to the impact of two lockdowns and only home delivery/takeaway allowed for four-to-five months. During this period, the share of the ...

Due to the fragile profitability of independent outlets, full-service restaurants (FSRs) were already on a downwards trend (with losses of almost EUR1 billion from 2015-2019) when the COVID-19 pandemic started in France in mid-March 2020. The channel...

All locations were negatively impacted by COVID-19 in 2020, with all seeing double-digit declines of a similar nature, with consumer foodservice through leisure showing the steepest decline and consumer foodservice through travel faring the best. ...

Cafés/bars took a hit even more so than full-service restaurants in 2020, due to the COVID-19 pandemic and all its restrictions and consequences. Cafés/bars are often open later than other outlets, thus their clientele was the first to be struck with...

Self-service cafeterias sees deep negative impacts from COVID-19, compounded by the fact that the category was already in decline before the events of 2020. As seen with all foodservice outlets, self-service cafeterias also had to close for ...

Chained brands such as Paul (Groupe Holder) and La Brioche Dorée (Le Duff Restauration SA) have expanded into corner outlets in recent years, giving chained street stalls/kiosks an advantage over independent players. However, street stalls/kiosks in ...

Whilst the format of limited-service restaurants is better placed to adapt to the COVID-19 pandemic and lockdowns, the category did not escape unscathed. Most types of limited-service restaurants (LSRs) already had a high share of home ...

Jeans recorded steady retail value declines over the review period and indeed over most of the previous decade, with only three years narrowly bucking the trend. The category’s poor showing was partly the result of the deconsumption trend, with many ...

After already disappointing winter sales, sales of apparel and footwear collapsed from mid-March to Mid-May 2020 during the first national lockdown. All apparel and footwear specialist stores and even other non-grocery retailers such as sports goods ...

Sales of childrenswear slumped during the COVID-19 pandemic in 2020 as schools were forced to close for at least four months during the lockdown periods. Boys' apparel suffered the steepest retail value declines. Although parents tend to purchase ...

Sportswear recorded strong retail value growth in 2019. This can partly be explained by the fact that rising health awareness is leading more people to regularly partake in sports and fitness activities. However, the expansion of sportswear was ...

After recording modest retail value and volume growth in 2019, menswear was the first area within apparel to collapse under the pressures of the COVID-19 pandemic and the severe measures taken to control its spread in France in 2020. Players in ...

Womenswear suffered significant declines in sales during the COVID-19 pandemic in 2020, with all products severely affected as the majority of the population were confined to their homes for the long periods of lockdown, with a consequent decline in ...

Belts, gloves, hats/caps and scarves are not hugely popular in France, although they have been much less affected by the deconsumption trend than most areas within apparel. Accessories provide consumers with an inexpensive way to create novel style ...

Footwear was understandingly severely impacted by the lockdown periods in 2020. The closures of schools and most stores, together with the explosion of remote working, which was strongly encouraged by the French government, limited demand, while the ...

Hosiery was one of the most severely impacted areas within apparel in 2020, in particular sheer hosiery as most women stayed at home, while non-sheer hosiery was less affected as these products are often worn at home. Without the closure of ...

France ranked among the top 35 countries in the Ease of Doing Business Index 2020, with quality infrastructure, strong innovation capabilities and trading conditions. Nevertheless, the country struggles with a heavy tax burden and rigid labour ...

In 2020, home care in France largely benefited from the Coronavirus (COVID-19) crisis, with most categories registering improved retail volume and current value sales performances, compared with 2019. The public health emergency heightened consumer ...