Category: Apparel
Apparel market research reports by Euromonitor International
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Traditional and Connected Watches in Italy
Traditional and Connected Watches in Italy Traditional and connected watches saw double-digit growth in current value terms in 2022, although sales of traditional watches remained below 2019 levels. Traditional watches were severely impacted by the COVID-19 pandemic in 2020, although sales saw an en ... Read More
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Bags and Luggage in Italy
Bags and Luggage in Italy Bags and luggage registered double-digit growth in current value terms in 2022, thanks to a return to pre-pandemic lifestyles, including more socialising and travelling, which encouraged Italians to renew their bags and luggage. Luggage vastly outperformed bags in current v ... Read More
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Digital Transformation in Fashion: Lessons from China
Digital Transformation in Fashion: Lessons from China China’s apparel and footwear market has seen a surge in e-commerce penetration since the COVID-19 outbreak, and is expected to continue to grow, driven by the diversification of the e-commerce landscape led by the emergence of interest-based e-co ... Read More
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Traditional and Connected Watches in Argentina
Traditional and Connected Watches in Argentina High watches has seen triple-digit growth in current value terms in 2022, while also continuing to see growth in retail volume terms. One of the important growth drivers for high watches was that they were being sold at the cost of the official dollar, ... Read More
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Global Consumer Trends in Eyewear
Global Consumer Trends in Eyewear In spite of increased interest rates, gross lending is expected to increase, but not by as much as in 2021, when with society opening up post pandemics, there was a surge in gross lending. Euromonitor International's Consumer Lending in Colombia report establishes t ... Read More
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Fast Retailing Co Ltd in Apparel and Footwear (World)
Fast Retailing Co Ltd in Apparel and Footwear (World) Fast Retailing (FRC) Co Ltd, the owner of Uniqlo brand, remains a leading fashion player globally, thanks to its strong foothold in Asia Pacific. FRC has managed to navigate the pandemic by capitalising on consumers’ shift towards more casual lif ... Read More
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Personal Luxury in South Africa
Personal Luxury in South Africa The pandemic made the trading environment extremely difficult in South Africa, both in terms of footfall in specialist stores and product availability through supply chain challenges. As such, many stores that retail ready-to-wear designer apparel and footwear were fo ... Read More
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Savage X Fenty and Skims or the Rise of Celebrity-led Underwear Brands in the US
Savage X Fenty and Skims or the Rise of Celebrity-led Underwear Brands in the US Except for the abnormal growth in 2021 and decrease in 2020 caused by the pandemic, the US women’s underwear market is relatively stable in market size. By contrast, there have been considerable fluctuations in market s ... Read More
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Sportswear in Western Europe
Sportswear in Western Europe Sportswear in Western Europe saw a marked decline in sales in 2020, when Coronavirus (COVID-19) restrictions negatively impacted the overall apparel and footwear market. However, a strong rebound was seen in 2021, with further positive growth expected over the forecast p ... Read More
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Diversity, equity and inclusion in luxury and Fashion: what’s here and what’s next?
Diversity, equity and inclusion in luxury and Fashion: what’s here and what’s next? After almost three years of a global pandemic and political and racial tensions increasing around the globe, issues surrounding Diversity, Equity, and Inclusion (DEI) have become more critical for luxury and fashion ... Read More
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adidas in Apparel and Footwear (world)
adidas in Apparel and Footwear (world) In the phygital era, adidas has capitalised on digital engagement to better understand consumers and their needs. This level of insight has empowered the company to innovate not only by launching new products, but also to rethink channels, launching new stores ... Read More
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Luxury Goods in France
Luxury Goods in France 2022 is likely to see a mixed picture for luxury goods in France. On the one hand, the industry is set to display retail current value growth that is much higher than the rate recorded in 2019. On the other hand, this growth will not offset the huge losses sustained in 2020 – ... Read More
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Luxury Goods in Canada
Luxury Goods in Canada Luxury goods continues on the path to recovery from the impact of COVID-19 in 2022, after sales returned to growth in 2021. Omicron rates started declining in the early part of 2022, allowing governments in most provinces to roll back their COVID-19 regulations such as mask ma ... Read More
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Luxury Goods in South Korea
Luxury Goods in South Korea Despite the COVID-19 pandemic, luxury goods in South Korea continued to record current value growth in both 2020 and 2021. With spending on overseas travel put on hold due to the pandemic, consumers instead purchased luxury goods through domestic department stores and e-c ... Read More
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Luxury Goods in Japan
Luxury Goods in Japan Luxury goods saw a significant current value decline in 2020, due to limited mobility, store closures or limited operations, the closure of borders, and consumers’ reluctance to spend during COVID-19. In 2021, although there was less disruption to store-based retailing, and sal ... Read More
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Luxury Goods in the Netherlands
Luxury Goods in the Netherlands Luxury goods is seeing a strong recovery in 2022 with the Netherlands lifting the last of its COVID-19 restrictions. A more positive environment has encouraged some consumers to spend more time outside including returning to shopping in luxury retail stores. The retur ... Read More
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Luxury Goods in Brazil
Luxury Goods in Brazil Involuntary saving emerged as a new reality that was imposed by enforced changes in lifestyle (restrictions on international travel, foodservice, entertainment, culture, etc.), and this favoured the consumption of luxury goods in the pandemic years. The discovery of the advant ... Read More
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Luxury Goods in Mexico
Luxury Goods in Mexico By the end of 2021 and early 2022 economic activities within Mexico had normalised, following constant government efforts to find ways to reactivate the economy and leave behind the harsh impact of the COVID-19 pandemic. By March 2022 most economic activities including concert ... Read More
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Luxury Goods in India
Luxury Goods in India After the second wave of COVID-19 hit India in the first half of 2021, the pandemic was believed to be under control due to a rise in vaccination rates. Although the country experienced a third wave in early 2022 as a result of the Omicron variant of COVID-19 emerging, its impa ... Read More
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Personal Luxury in Mexico
Personal Luxury in Mexico 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 consumers to catch up o ... Read More
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Luxury Goods in Indonesia
Luxury Goods in Indonesia Luxury goods was one of the categories hardest hit in Indonesia by COVID-19 restrictions. The fact that sales of luxury goods are reliant on the premium retail experience became a major Achilles’ heel for the entire industry, as many people remained very reluctant to visit ... Read More
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Luxury Goods in Singapore
Luxury Goods in Singapore Luxury goods in Singapore is set to experience further significant current value growth in 2022, following notable declines in 2020, in the first year of the pandemic. This is largely attributed to the effects brought about by the encouraging vaccination and booster rates, ... Read More
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Luxury Goods in the United Kingdom
Luxury Goods in the United Kingdom Luxury goods is set to experience double-digit current value growth in 2022 as the UK has lifted its pandemic-related restrictions. The return to more normal levels of lifestyles is leading to a more positive outlook which is boosting consumer confidence to make di ... Read More
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Luxury Goods in China
Luxury Goods in China Luxury goods had a promising start in China in 2022, with leading luxury goods conglomerates continuing their robust growth in the first quarter, and encouraging results reported. However, in the second quarter it was faced with high uncertainty, given the rapid spread of the O ... Read More
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Luxury Goods in the US
Luxury Goods in the US After seeing a strong negative impact from the COVID-19 pandemic in 2020, luxury goods delivered strong growth and full recovery to the pre-pandemic (2019) level of sales in 2021, driven by the successful rollout of vaccines across the US, the removal of COVID-19-related face ... Read More
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