Personal Luxury

While overall demand for designer apparel and footwear (ready-to-wear) is set to remain lower than pre-pandemic levels in 2022 following 2020’s significant drop, current value sales are predicted to fully recover due to a second consecutive year of…

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…

After a year of seeing a worse performance than many other categories within personal luxury in 2020, luxury leather goods performed strongly in Germany in 2021, seeing a double-digit current value increase. In part, this above-average performance…

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…

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…

While value sales of standard apparel (but maybe not footwear) could reach the 2019 level in 2022, according to IFM, the main trade association for this industry, this is not likely to be the case for designer apparel and footwear (ready-to-wear),…

Having declined at a double-digit rate in 2020 due to pandemic restrictions and the economic shock they engendered, retail constant value sales of designer apparel and footwear (ready-to-wear) began to rebound during 2021, and this process continued…

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…

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…

Personal luxury saw significant retail volume and current value declines in 2020 as a result of COVID-19. The temporary closure of non-essential stores was key, as for many luxury goods consumers, the experiential pleasure of visiting a store is a…

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…