Apparel and footwear specialists is expected to see current value growth over the forecast period, though sales are set to fall slightly at constant 2024 prices. The channel is likely to benefit from improvements in socio-economic conditions, with lowering inflationary pressures likely to increase consumers’ disposable income and subsequently retailers' willingness to expand the number of their outlets and reopen the tap for new store cards.
Retailers focusing on value propositions and diversified offerings will likely consolidate their lead by attracting a wider consumer base in the forecast period. Such conditions are likely to allow Pepkor to strengthen its position as it prioritises the local market and its core businesses.
The government clampdown on cross-border e-commerce is likely to intensify during the forecast period, as the textile industry continues to call on the South African Revenue Service to become more restrictive by removing concessions for simplified online shopping imports, in addition to recent changes in import duties. Such operating conditions will likely boost demand for local fashion brands as they regain a competitive edge, driven by proximity and affordability.
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Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel and Footwear Specialists industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Apparel and footwear specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: clothing, footwear, and/or fashion accessories (costume jewellery, sunglasses, belts, hats, gloves, handbags, scarves, etc.). Apparel specialists include specialty apparel like wedding dress shops. Example brands include Primark, TJ Maxx, and Zara. Sportswear retailers, such as Adidas and Nike, are excluded from this channel and are included in Sports Goods Stores; this is due to the companies considering themselves sports companies as opposed to apparel companies.
See all of our definitionsThis report originates from Passport, our Apparel and Footwear Specialists research and analysis database.
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