The outlook for apparel and footwear specialists is positive in the forecast period, with moderate retail value (constant 2024 prices) growth projected through the forecast period. Despite the predicted reduction in the number of smaller outlets in line with consumers’ growing preference for chained retailers and more convenient shopping locations, apparel and footwear specialists is set to continue to perform well as a category.
Retail e-commerce represents a threat to physical apparel and footwear specialists. However, an increasing number of apparel specialists have opened e-shops, as the convenience of shopping online lures more and more consumers.
Loyalty programmes are proving to be a good option for apparel specialists looking to engage with and retain consumers. By offering special discounts and loyalty points, consumers are enticed to shop with the same retailer.
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Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Czech Republic 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 Czech Republic, 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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