Imported premium brands in particular are being affected by the strict capital controls designed to keep the official peso rate in check. Controls include only allowing individuals to buy USD200 dollars a month at the official rate, a move adopted to protect Central Bank reserves.
Over the forecast period, more apparel brands are expected to continue to offer hosiery products in order to enlarge their product portfolios with low-ticket items to attract local consumers whose household purchasing power has been weakened by high inflation rates and a steep increase in the cost of living. All brands that offer these kinds of products outsource production to the main hosiery manufacturers in Argentina as they do not have the capacity to produce them independently.
As a result of steep increases in average current unit prices due to high inflation, informal street sales of non-sheer hosiery from the main sportswear brands are expected to grow. This partly reflects the fact that these products are easier to counterfeit, and that consumers are less concerned about the brand origin of their hosiery products.
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Understand the latest market trends and future growth opportunities for the Hosiery industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Hosiery industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of Sheer hosiery and Non-sheer hosiery.See All of Our Definitions
This report originates from Passport, our Hosiery research and analysis database.
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