Clothing Retailing

Clothing Retailing

This Key Note Market Report examines the UK clothing retailing industry providing industry expertise on the value of the market the leading competitors and the key trends and issues impacting the different sectors throughout the past 5 years between 2010 and 2014 as well as forecasts for the future of the market up to 2019.

Executive Summary

This Key Note Market Report examines the UK clothing retailing industry providing industry expertise on the value of the market the leading competitors and the key trends and issues impacting the different sectors throughout the past 5 years between 2010 and 2014 as well as forecasts for the future of the market up to 2019. Despite economic difficulties in the UK of late the clothing retailing market has witnessed consistent growth in value during the review period rising by 6.3% in 2014 alone.

Changing retail costs are a strong factor in the growth in value of the market with the average retail price of clothing having increased over the last decade. Global prices of cotton and other raw materials are fluctuating thus impacting costs along the supply chain while the recent strength of the pound against other international currencies has had an impact on costs with trade partners. However heavy discounting on the high street with record sales recorded on Black Friday and Cyber Monday in 2014 also lowered the margins of some retailers and left some with poor sales of full-price stock. Retail prices will continue to be somewhat uncertain owing to the effects of the international supply chain and the ongoing review into the structure of the business tax rates system in the UK announced in the Chancellor of the Exchequer’s Autumn Statement in December 2014 which will impact the taxes paid by clothing retailers on their business properties.

The total clothing retailing market is further...


1. Executive Summary
2. What’s KEY in the Market?
KEY DRIVERS
MARKET TRENDS
Growth of E-Commerce Retailing
Difficult Retail Landscape
Retail Expansion into Sportswear
Demand for Male Fashion
Rise of Fast Fashion and Discount Retailers
ECONOMIC TRENDS
Table 2.1: UK Economic Trends (000, £m, %, million and £), 2010-2014
MARKET POSITION
Table 2.2: Consumer Expenditure on Clothing as a Percentage of Total Consumer
Expenditure in the UK (£m at current prices and %), 2010-2014
Figure 2.1: Consumer Expenditure on Clothing as a Percentage of Total Consumer
Expenditure in the UK (£m at current prices), 2010-2014
HOW ROBUST IS THE MARKET?
3. Market Size, Segmentation & Forecasts
MARKET SIZE & SEGMENTATION
The Total Market
Table 3.1: The Total UK Market for Clothing Retailing by Value at Current Prices (£m at rsp), 2010-2014
Figure 3.1: The Total UK Market for Clothing Retailing by Value at Current Prices (£m at rsp), 2010-2014
Market Sectors
Garments
Table 3.2: The UK Clothing Garments Market by Sector by Value at Current Prices (£m at rsp and %), 2010-2014
Table 3.3: The Women’s Garments Sector by Value at Current Prices (£m at rsp and %), 2010-2014
Table 3.4: The Men’s Garments Sector by Value at Current Prices (£m at rsp and %), 2010-2014
Table 3.5: The Children’s Garments Sector by Value at Current Prices (£m at rsp and %), 2010-2014
Clothing Accessories
Table 3.6: The Clothing Accessories Sector by Value at Current Prices (£m at rsp and %), 2010-2014
FORECASTS
Future Trends
Future High-Street Growth and Improved Trading Environment
International Expansion and Emerging Competition
Shopfitting, In-Store Technology and Enhanced Customer Experiences
Rise of Unisex Clothing
Future Economic Trends
Table 3.7: Economic Forecasts (000, % and million), 2015-2019
Forecast Total Market
Table 3.8: The Forecast Total UK Market for Clothing Retailing by Sector by Value at Current Prices (£m at rsp), 2015-2019
Figure 3.7: The Forecast Total UK Market for Clothing Retailing by Sector by Value at Current Prices (£m at rsp), 2015-2019
MARKET GROWTH
Figure 3.8: Growth in the Total UK Market for Clothing Retailing by Sector by Value at Current Prices (£m at rsp), 2015-2019
4. International Perspective
GLOBAL OVERVIEW
Table 4.1: Global Exports and Imports of Clothing by Value ($m), 2010-2014
Figure 4.1: Global Exports and Imports of Clothing by Value ($m), 2010-2014
OVERSEAS TRADE
General Overview
Table 4.2: UK Trade Balance of Clothing by Value (£m), 2010-2014
Figure 4.2: UK Trade Balance of Clothing by Value (£m), 2010-2014
Exports
Table 4.3: UK Exports of Clothing by Sector by Value (£m), January-November 2014
Figure 4.3: UK Exports of Clothing by Sector by Value (%), January-November 2014
Imports
Table 4.4: UK Imports of Clothing by Sector by Value (£m), January-November 2014
Figure 4.4: UK Imports of Clothing by Sector by Value (%), January-November 2014
Garments
Table 4.5: UK Trade of Garments by Value (£m), 2010-2014
Figure 4.5: UK Trade of Garments by Value (£m), 2010-2014
Clothing Accessories
Table 4.6: UK Trade of Clothing Accessories by Value (£m), 2010-2014
Figure 4.6: UK Trade of Clothing Accessories by Value (£m), 2010-2014
5. Competitor Analysis
MARKET LEADERS
Table 5.1: Leading Clothing Retailers in the UK by Turnover and Pre-Tax Profit (£000), Latest Financial Year Available
Debenhams PLC
Table 5.2: Financial Results for Debenhams PLC (£000), Years Ending 28th August 2010, 3rd September 2011, 1st September 2012, 31st August 2013 and 30th August 2014
John Lewis PLC
Table 5.3: Financial Results for John Lewis PLC (£000), Years Ending 30th January 2010, 29th January 2011, 28th January 2012, 26th January 2013 and 25th January 2014
Marks and Spencer PLC
Table 5.4: Financial Results for Marks & Spencer PLC (£000), Years Ending 3rd April 2010, 2nd April 2011, 31st March 2012, 30th March 2013 and 29th March 2014
Matalan Retail Ltd
Table 5.5: Financial Results for Matalan Retail Ltd (£000), Years Ending 27th February 2010, 26th February 2011, 25th February 2012, 23rd February 2013 and 1st March 2014
New Look Retailers Ltd
Table 5.6: Financial Results for New Look Retailers Ltd (£000), Years Ending 27th March 2010, 26th March 2011, 24th March 2012, 30th March 2013 and 29th March 2014
Next PLC
Table 5.7: Financial Results for Next PLC (£000), Years Ending 30th January 2010, 29th January 2011, 28th January 2012, 26th January 2013 and 25th January 2014
Primark Stores Ltd
Table 5.8: Financial Results for Primark Stores Ltd (£000), Years Ending 12th September 2009, 18th September 2010, 17th September 2011, 15th September 2012 and 14th September 2013
Shop Direct Home Shopping Ltd
Table 5.9: Financial Results for Shop Direct Home Shopping Ltd (£000), Years Ending 30th April 2009, 30th April 2010, 30th June 2011, 30th June 2012 and 30th June 2013
Taveta Investments Ltd
Table 5.10: Financial Results for Taveta Investments Ltd (£000), Years Ending 29th August 2009, 28th August 2010, 27th August 2011, 25th August 2012 and 31st August 2013
TJX UK
Table 5.11: Financial Results for TJX UK (£000), Years Ending 30th January 2010, 29th January 2011, 28th January 2012, 2nd February 2013 and 1st February 2014
OTHER COMPANIES
Burberry Ltd
River Island Holdings Ltd
H&M Hennes & Mauritz UK Ltd
NUMBER OF COMPANIES
By Turnover
Table 5.12: Number of UK VAT- and/or PAYE-Based Enterprises Engaged in the Retail Sale of Clothing in Specialised Stores by Turnover Sizeband (£000, number and %), 2014
By Employment
Table 5.13: Number of UK VAT- and/or PAYE-Based Enterprises Engaged in the Retail Sale of Clothing in Specialised Stores by Employment Sizeband (number and %), 2014
Regional Variation in the Marketplace
Table 5.14: Number of UK VAT- and/or PAYE-Based Enterprises Engaged in the Retail Sale of Clothing in Specialised Stores by Government Standard Region (number and %), 2014
MARKETING ACTIVITY
Table 5.15: Main Media Advertising Expenditure on Clothing and Accessories (£000), Year Ending June 2014
KEY TRADE ASSOCIATIONS
EXHIBITIONS/TRADE SHOWS
6. Buying Behaviour
CONSUMER PENETRATION
Any Outerwear
Table 6.1: Penetration of Any Outerwear by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
T-Shirts and Polo Shirts
Table 6.2: Penetration of T-Shirts and Polo Shirts by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Trousers
Table 6.3: Penetration of Trousers by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Coats and Raincoats
Table 6.4: Penetration of Coats and Raincoats by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Jackets
Table 6.5: Penetration of Jackets by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Sports Clothing
Table 6.6: Penetration of Sports Clothing by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Swimwear
Table 6.7: Penetration of Swimwear by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Suits
Table 6.8: Penetration of Suits by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Jeans
Table 6.9: Penetration of Jeans by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Menswear
Table 6.10: Penetration of Menswear by Item by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Womenswear
Table 6.11: Penetration of Womenswear by Item by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Children’s Clothing
Table 6.12: Penetration of Children’s Clothing by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
Gloves, Belts and Other Accessories
Table 6.13: Penetration of Gloves, Belts and Other Accessories by Sex, Age, Social Grade and Region (% of adults), Year Ending June 2014
7. Strengths, Weaknesses, Opportunities & Threats
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
8. PESTEL
POLITICAL
Ethics of Supply Chain
ECONOMIC
Rising Retail Costs
Table 8.1: Average Annual Retail Price Index of Clothing by Type (index 1987=100), 2005-2014
Figure 8.1: Average Annual Retail Price Index of Clothing by Type (index 1987=100), 2005-2014
Sourcing and Raw Material Costs
Heavy Discounting and Black Friday Sales
SOCIAL
Demand for Fast Fashion Turnaround and Mid-Season Collections
TECHNOLOGICAL
Social Media and Blogging
ENVIRONMENTAL
‘Green’ Clothing
Revival of Vintage Fashion
LEGISLATIVE
Review of Business Tax Rates
9. Further Sources
Associations
Publications
General Sources
Government Publications
Other Sources
Understanding Consumer Survey Data
Number, Profile, Penetration
Social Grade
Standard Region
Key Note Research
The Key Note Range of Reports

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook