Apparel and Footwear 2027: Where Growth Opportunities Are Emerging
Today, geopolitical tensions, disruption in the Strait of Hormuz, challenging macroeconomic conditions, climate change and persistent uncertainty continue to cloud the outlook. Apparel and footwear is particularly exposed: its sourcing base remains concentrated in Asia and heavily reliant on imports, while consumers are reassessing discretionary spending and adopting more value-conscious, selective shopping habits.