Apparel and footwear specialists in Vietnam remained significantly impacted by a range of negative factors throughout 2023, even though global inflationary pressures led the Vietnamese government to lower the tax rate to 8% from July until the year’s end, with a view to support businesses and individual’s incomes. Frequent and regular discounts and promotions, offering reductions of between 20 and 70% every month at various store-based outlets somehow failed to substantially boost customer footf...
Euromonitor International's Apparel and Footwear Specialists in Vietnam 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 Vietnam
Euromonitor International
February 2024
List Of Contents And Tables
APPAREL AND FOOTWEAR SPECIALISTS IN VIETNAM
KEY DATA FINDINGS
2023 DEVELOPMENTS
Slowed growth in current value sales for apparel and footwear specialists in 2023 as players close down stores
Players continue to shop online post-pandemic
Uniqlo continues to open more stores in Vietnam as local consumers continue to favour international brands
PROSPECTS AND OPPORTUNITIES
Category to see positive growth in the forecast period
Online shopping trend presents obstacle to greater growth
Apparel and footwear retailers will continue to focus on sustainability
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