In 2023, current value growth in apparel and footwear specialists slowed for a second year in a row in the US, as demand continued to normalise relative to 2021, and consumers managed through another year of high inflation. This is a bit misleading, however, as when analysed at constant 2023 prices (i.e., after stripping out the effects of inflation), sales continued to decline, although not quite as strongly as in the previous year.
Euromonitor International's Apparel and Footwear Specialists in USA report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Apparel and Footwear Specialists market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Apparel and Footwear Specialists in the US
Euromonitor International
March 2024
List Of Contents And Tables
APPAREL AND FOOTWEAR SPECIALISTS IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
2023 is a mixed bag for apparel and footwear specialists in the US
TJX’s discount model continues to outperform competitors
Shein partners with Forever 21 to experiment with in-store retail
PROSPECTS AND OPPORTUNITIES
Even as sales decline, many apparel and footwear specialists plan to add US stores
Apparel rental will gather steam as a retail model
Claire’s finds success with omnichannel retail
CHANNEL DATA
Table 1 Apparel and Footwear Specialists: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Apparel and Footwear Specialists: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Apparel and Footwear Specialists GBO Company Shares: % Value 2019-2023
Table 4 Apparel and Footwear Specialists GBN Brand Shares: % Value 2020-2023