Category: Apparel Retailing
Apparel Retailing market research reports by Euromonitor International
-
Apparel and Footwear Specialists in Vietnam
In 2024, Vietnam’s gross domestic product grows at a faster rate than in the previous year, yet apparel and footwear specialist retailers witnessed a pronounced shift in consumer attitudes. Many people are anxious about ongoing war conflicts that contribute to a fragile economic outlook, prompting t ... Read More
-
Apparel and Footwear Specialists in New Zealand
While inflation started to slow in 2024, consumers were still grappling with higher costs of living, which negatively impacted consumer spending at apparel and footwear specialist stores. To manage higher living expenses, consumers traded down to cheaper alternatives for clothing and footwear and re ... Read More
-
Apparel and Footwear Specialists in Chile
2024 was a year of recovery for most players in apparel and footwear specialists in Chile, with consumers increasing their spending in the channel after a slow 2023. With an easing of inflation during 2024 and greater access to credit, in addition to a colder winter that saw the arrival of rain acro ... Read More
-
Apparel and Footwear Specialists in Turkey
Apparel and footwear specialists in Turkey recorded solid growth in 2024. Derimod is planning to increase the number of stores in Turkey to 100 by the end of 2025. The brand is not only expanding its store-based network in terms of number of outlets but has also announced its intention to increased ... Read More
-
Apparel and Footwear Specialists in Malaysia
Apparel and footwear specialists in Malaysia continued to post strong growth in retail current value sales and outlet numbers in 2024. The strong development plans for fast fashion brands helped to boost the growth performance of apparel and footwear specialists as a whole at the end of the review p ... Read More
-
Retail in Malaysia
Retail in Malaysia saw slightly faster retail current value growth in 2024, compared with 2023, albeit slower than in 2021 and 2022. At the end of the review period, Malaysians continued to prioritise purchasing essentials like food and drinks or immediate need non-grocery items over perceived non-e ... Read More
-
Apparel and Footwear Specialists in Thailand
Apparel and footwear specialists saw robust growth in current value terms in 2024. The rebound in tourism and consumers returning to more active lifestyles helped fuel demand. Other factors such as urbanisation and the enduring popularity of fast fashion retailers such as Uniqlo and H&M also support ... Read More
-
Apparel and Footwear Specialists in the Philippines
Apparel and footwear specialists in the Philippines experienced robust growth in 2024, driven by increased mobility as consumers returned to their pre-pandemic shopping routines. The resurgence in office attendance spurred demand for professional attire, prompting retailers to cater to this trend. F ... Read More
-
Apparel and Footwear Specialists in Romania
Apparel and footwear specialists registered modest current value growth in Romania in 2024, though constant vale sales fell. Though inflation eased, prices were still rising and this cut into profit margins. In addition, consumers remained price sensitive and this also dampened value sales. There wa ... Read More
-
Apparel and Footwear Specialists in Sweden
Apparel and footwear specialists only managed to achieve sub-decimal value growth in Sweden in 2024. While the Swedish economy is showing signs of improvement, with lower inflation, growing real wages and improving consumer spending confidence, many Swedish consumers are re-thinking their spending o ... Read More
-
Apparel and Footwear Specialists in Poland
The cautious approach of Polish consumers, coupled with a mild summer and autumn, dampened volume of apparel and footwear sales in 2024. Rising inflation, energy costs, and food prices have further reduced disposable incomes, leading to moderate spending on non-essential items like clothing and shoe ... Read More
-
Apparel and Footwear Specialists in Italy
2024 was another difficult year for apparel and footwear specialists in Italy, with declining sales in current value terms and only a slight increase in the number of outlets. The sales decline was caused in part by a slowdown in seasonal discount sales (eg January and July) and the delayed start of ... Read More
-
Retail in Colombia
Retailing in Colombia was impacted by economic challenges in 2024, with inflationary pressures and higher interest rates creating ongoing cost-of-living pressures. Total retail expenditure was subdued in current value terms, in a marked contrast to the highs seen post-pandemic. Competition has inten ... Read More
-
Apparel and Footwear Specialists in Colombia
Apparel and footwear specialists navigated a complex economic landscape in 2024. The year was marked by a series of financial challenges for businesses, most notably the cost-of-living crisis stemming from high interest rates and higher utility bills. Retailers were forced to close outlets in favor ... Read More
-
Apparel and Footwear Specialists in Belgium
Despite price stabilisation, apparel and footwear specialists in Belgium saw only modest growth in current value terms in 2024. This was due to a combination of factors negatively affecting the performance of the channel. First, despite inflation stabilising, consumers remained price sensitive and c ... Read More
-
Apparel and Footwear Specialists in Brazil
With the drop in the unemployment rate and a slight improvement in Brazilians’ per capita income, the sales of apparel and footwear specialists remained high in 2024, with little movement in current value sales, along with marginal growth in outlet numbers. This was despite strong competition from l ... Read More
-
Apparel and Footwear Specialists in Bulgaria
The apparel and footwear sector in Bulgaria experienced positive growth in 2024, supported by an improving economic outlook and higher purchasing power among consumers. With inflation stabilising and price increases remaining minimal compared to previous years, Bulgarian shoppers felt more confident ... Read More
-
Apparel and Footwear Specialists in Canada
In 2024, apparel and footwear specialists in Canada registered double-digit retail current value growth, despite a drop in the number of outlets. Inflationary pressure on prices supported retail current value growth as players tried to maximise profit margins amid store network streamlines. Nonethel ... Read More
-
Apparel and Footwear Specialists in China
After a period of turbulence for most of the review period, the current value sales of apparel and footwear specialists in China remained fairly stable in 2024, with just a minimal increase seen. However, sales remained lower than the pre-pandemic (2019) level. Amongst the factors preventing higher ... Read More
-
Apparel and Footwear Specialists in the US
Apparel and footwear in the US experienced another year of low current value growth in 2024, although mixed results were seen once again, with high inflation continuing to shape consumers’ spending habits. Luxury and mid-tier brands struggled as price-conscious shoppers gravitated toward lower-tier ... Read More
-
Retail in the US
In September 2024, the US Federal Reserve lowered the federal funds rate for the first time since March 2020, signalling a near end to the inflationary macroeconomy. While inflation showed signs of abating, grocery prices remained on average about 25% higher than 2019 levels, according to the US Dep ... Read More
-
Apparel and Footwear Specialists in France
Apparel and footwear retailers in France experienced declines in both outlet numbers and current value sales during 2024, continuing the trend of the previous year. This can be attributed to several factors, including a falling birth rate affecting childrenswear, unfavourable weather conditions in t ... Read More
-
Apparel and Footwear Specialists in Ireland
In 2024, apparel and footwear specialists in Ireland recorded an uplift in retail value sales of 2%. However, the ongoing shift towards retail e-commerce continued to affect sales in physical retail stores as more consumers opted for the convenience of digital channels. In response to this trend, re ... Read More
-
Apparel and Footwear Specialists in Greece
Apparel and footwear specialists saw current value growth in Greece in 2024, with both local and international brands registering positive performances. Consumers have shown increased interest in sustainable clothing, and this has encouraged large chains to emphasise their eco-friendly strategies. M ... Read More
-
Apparel and Footwear Specialists in Austria
In 2024, apparel and footwear specialists in Austria experienced modest growth of 3% in retail value. However, this rate was not significantly above the inflation rate, with overall sales less than 4% higher than pre-pandemic levels, despite significant price hikes in 2022 and 2023. While there was ... Read More
Research Assistance
