Personal Luxury

Personal luxury retail value sales rose by 9% in 2023 to reach AUD8.6 billion, supporting growth recorded by leading brand providers, such as Louis Vuitton Australia Pty Ltd and L’Oréal Australia Pty Ltd. 2023 value sales growth was boosted by…

After an already dynamic year with regard to current value and volume growth in 2021, designer apparel and footwear (ready-to-wear) is set to record further strong increases by both measures in Germany in 2022. Due to ongoing lockdowns in the first…

The stabilisation of the pandemic in India is leading to increasing demand for designer apparel and footwear (ready-to-wear). There has been a strong rise in demand for athleisure wear as local consumers have become increasingly used to wearing…

Having plunged by more than a quarter during 2020, retail constant value sales (2022 prices) of designer apparel and footwear (ready to wear) began to recover in 2021, with this trend continuing into 2022. Nonetheless, retail constant value sales…

After seeing a significant current value decline due to COVID-19 in 2020, designer apparel and footwear saw a strong rebound in 2021. Growth is set to continue in 2022, with a double-digit increase, although sales are still expected to remain below…

Designer apparel and footwear achieved exceptional current value growth in 2021, with bricks-and-mortar stores resuming their operations. However, the regional lockdowns in early 2022 due to the Omicron outbreak, which has spread to many regions…

Retail constant value sales (2022 prices) of designer apparel and footwear declined slightly during 2022 and remained well below their pre-pandemic level. Demand for designer childrenswear was particularly weak. Designer apparel and footwear remains…

Sales of designer apparel and footwear (ready-to-wear) registered a sharp decline in 2020. While there were no mandated store closures in Sweden during the pandemic, shops and department stores had restrictions in place to limit the number of…

Personal luxury is highly seasonal in many categories, with manufacturers usually planning ahead for the introduction and manufacturing of new products for the upcoming periods. The further easing of restrictions in 2022 represents an opportunity for…

Designer apparel and footwear (ready-to-wear) lagged behind categories such as luxury jewellery and luxury timepieces in 2021 as Canada witnessed several lockdowns, while there were also lingering consumer concerns over the risk posed by COVID-19.…

Designer apparel and footwear (ready-to-wear) is set to see double-digit growth in value and volume terms in 2022 for the second year in a row as the category continues its recovery from the COVID-19 pandemic. Sales are benefiting from consumers…

Designer apparel and footwear (ready-to-wear) saw an exceptional retail current value decline in the first year of the COVID-19 pandemic, due to store closures during the state of emergency in April and May. The category was also heavily impacted by…

Designer apparel and footwear (ready-to-wear) looks set to continue its recovery in 2022, though sales are likely to remain below the levels seen immediately prior to the outbreak of COVID-19. At the height of the pandemic, one of the main factors…

The recovery in retail constant value sales (2022 prices) of designer apparel and footwear (ready-to-wear) accelerated during 2022, but they remained well below their pre-pandemic level. An increasing number of designer apparel and footwear brands…

After the dynamic development in 2021, following a surge after COVID-19 lockdowns, designer apparel and footwear is set to produce more moderate growth in 2022, albeit faster than average compared to the review period. However, shopping patterns and…

Although the Turkish economy has begun to recover from the impact of the COVID-19 pandemic the rebound has been accompanied by rising inflation, with the prices of raw materials and energy soaring in 2021 and 2022. Manufacturers of designer apparel…

The year 2021 was marked by the continued expansion of designer apparel and footwear in Brazil, something that had been observed since the second half of 2020. Amongst the factors that contributed to this scenario was the advance of vaccination,…

E-commerce continues to demonstrate substantial growth, supported by the vast launches of luxury online stores. Despite the relaxation of safe management measures in Singapore, the strong movement towards e-commerce which was seen in the early stages…

The strong rebound in demand for designer apparel and footwear (ready-to-wear) that marked 2021 continued into 2022. An expanding aspirational middle class is the main driver of growth. This group is concentrated in the country’s main urban centres,…

In spite of the pandemic, retail constant value sales (2022 prices) of designer apparel and footwear (ready to wear) continued to expand throughout the forecast period. However, during 2021, the rate of growth in retail constant value sales slowed…