In 2025, designer apparel and footwear (ready-to-wear) in the United Arab Emirates experienced steady growth, driven by the successful integration of digital innovation such as artificial intelligence (AI-driven styling recommendations), augmented reality, and virtual reality (AR-powered virtual try-ons) to support online shopping and increase consumer confidence in their purchasing decisions. Sales were further supported by the strategic use of social media and influencer marketing, which play

In 2024, designer apparel and footwear (ready-to-wear) in Germany stagnated, despite the slow recovery of the local economy. Although marginal growth was recorded in value terms, after being adjusted for inflation, the category experienced a decline, made even more evident in retail volume terms. Despite a slowdown in inflation compared to the previous year, 2024 was still challenging as consumers felt the effects of a generalised cost-of-living crisis and uncertainty. However, while many consum

LVMH is a strong leader in the personal luxury market with its plethora of brands, many of which have been acquired by the French player, and have subsequently flourished under its ownership. LVMH is also expanding its operations in experiential luxury and fine wines/champagne and spirits. LVMH has been recording its first quarterly declines since the pandemic in 2024, although this is compared to the record revenues of a year earlier.

In 2024, retail value sales of designer apparel and footwear (ready-to-wear) rose by 3% to a total of TWD67 billion, with designer apparel (ready-to-wear) accounting for most value sales at TWD4 billion. While retail value sales benefited from inflation, volume increased to reach 7.8 million units in 2024, up from 7.7 million in 2023 and a significant increase from 6.4 million in 2019.

Collaboration has become a prominent strategy that has been observed among luxury brands and it had a significant impact on designer apparel and footwear (ready-to-wear) in 2024. These partnerships mainly included a mix of luxury brands and more accessible brands and celebrities which helped redefine brand identities, attract more consumers and boost sales. For example, in designer apparel (ready-to-wear), a partnership between Calvin Klein and actor Jeremy Allen White for the brand’s spring 202

Designer apparel and footwear (ready to wear) has seen only modest growth in retail volume terms in 2024 while seeing more moderate growth in current value terms due to an increase in unit prices. Although the Swiss economy started to show signs of recovery in 2024 with inflation stabilising and disposable incomes rising again, many Swiss consumers remained selective with their spending. This led to consumers making fewer purchases but of a higher quality, which has suppressed volume growth but

Designer apparel and footwear (ready-to-wear) in the US is expected to continue to lag behind the retail current value growth in the broader personal luxury category in 2024, despite continuing to account for the highest sales. In 2024, it is expected to see a modest 2% increase in retail current value terms, primarily driven by men's designer apparel, which is set to experience a 4% rise. According to Euromonitor’s Voice of the Consumer: Lifestyles Survey, fielded January to February 2024, 30%

While retail value sales of designer apparel (ready-to-wear) in Australia continue to rise in 2024 (to reach AUD2.7 billion), retail volumes are fairly flat. Men’s designer apparel retail value sales growth (7%) is outpacing that of the women’s segment (3%), albeit from a smaller base. Demand for designer footwear continues to recover, while retail sales value growth (7%) is being supported by a strong performance in both the men’s and women’s segments.

Designer apparel and footwear (ready-to-wear) is only managing to achieve small value sales in Sweden in 2024. This is attributed to challenging economic conditions, characterised by rising inflation, high interest rates, weakening currencies, and stagnating employment, which have lowered consumer confidence and deepened anxieties around financial security. In response, fashion retailers have leaned heavily on frequent discounting and expanding outlet offerings to stimulate sales, catering to a

Designer apparel and footwear (ready-to-wear) continues to record steady growth in current value terms in 2024, with designer apparel performing slightly better than designer footwear. Hugo Boss continues to be the leading player on the South African market, followed by Donna Karan, and Gucci. The growing number of higher-net-worth individuals, the increasing influence of social media, and the rising access to global trends are among the main growth drivers for designer apparel and footwear (rea

Sales of designer apparel and footwear (ready-to-wear) have seen steady growth in current value and retail volume terms in Poland in 2024. Women’s designer apparel has been one of the best performing categories in both value and volume terms in 2024 with some women looking to treat themselves as inflation stabilised. Strong growth in inbound tourism has also provided a boost to sales of designer apparel and footwear (ready-to-wear). Domestic tourism also continues to grow, with some consumers sp

Retail current value sales of designer apparel and footwear (ready-to-wear) in China are rising by 5% to stand at CNY93.78 billion in 2024 primarily boosted by sales of designer apparel. Growth is thanks to inflation and successful marketing that appeals to wealthy consumers’ interest in popular luxury brands. Moreover, there is an accelerating trend towards purchasing fewer but better-quality products. Designer brands are favourites in the Chinese market, with the likes of ICICLE, Lemaire, and

Designer apparel and footwear (ready-to-wear) is increasingly incorporating digitisation in the Philippines in 2024, such as seen with Dior optimising 3D printing to amplify intricate designs and modernise its image. Hermès is also incorporating new printed designs and adding a new printing line at its textiles site in Pierre Bénite in France.

Retail value sales of designer apparel and footwear (ready-to-wear) rose by 4% to reach SGD1.3 billion in 2024, primarily driven by sales of women’s designer apparel (ready-to-wear), which recorded sales of SGD712 million.

Retail value sales of designer apparel and footwear (ready-to-wear) are set to rise by 4% in current terms in Hong Kong in 2024 to stand at HKD22 billion, boosted primarily by sales of designer apparel (ready-to-wear), which accounts for 65% of overall value sales. Rising prices are playing a role, with current value growth outpacing the rise in volume sales. Nonetheless, volume sales are also increasing, supported by the gradual recovery of tourism in Hong Kong, as well as consumers looking to

Following a significant decline in retail volume sales in 2020 as a result of store closures at the height of the pandemic, demand for designer apparel and footwear (ready-to-wear) in Thailand continues to recover in 2024. Growth is being supported by the ongoing return of consumers to physical stores, where many Thais and international visitors prefer to visit specialist retailers in person to try on and see the garments for themselves before making a considerable investment.

In 2024, retail value sales of designer apparel and footwear (ready-to-wear) rose by 5% to stand at KRW5.7 trillion. Sales are driven by designer apparel (ready-to-wear), specifically women's apparel, while men's designer apparel saw standout growth of 7%. Retail value sales received a boost from inflation, while wealthier consumers continued to desire designer apparel and footwear that represents quality, in addition to status. 13 million units were sold in 2024, in comparison with just 11 mill

Retail value sales of designer apparel and footwear (ready-to-wear) are set to more than double in current terms in Argentina in 2024. The year has marked a turning point for international designer apparel and footwear (ready-to-wear) brands whose collections are imported, following import restrictions after the new government of Javier Milei took office in December 2023.

Retail sales of designer apparel and footwear (ready-to-wear) in Brazil are rising by only marginally in current value terms, remaining at BRL7.7 billion in 2024. Inflation and effective marketing campaigns have been helping to maintain current value sales during the year, along with a preference among wealthy consumers for buying renowned luxury brands. Further, consumer focus is increasingly on buying fewer products but of superior quality. PVH Corp remained the number one company within desig

Designer apparel and footwear (ready-to-wear) continues to see stable growth in retail volume terms in 2024 albeit growth has not been as dynamic as some other areas of personal luxury such as luxury leather goods, luxury eyewear and luxury timepieces. Nonetheless, designer apparel and footwear (ready-to-wear) remains the largest category in value terms. Sales have benefited from a growing focus on quality over quantity with consumers not only wanting to look good while keeping up with the lates

Designer apparel and footwear is expected to show fairly stable sales in Spain in 2024, with retail volumes set to turn to slight decline, while retail current value sales are expected to see just low growth. As was seen in previous years, an increasing number of Spaniards are changing their priorities and spending more on travelling and going out, and less on acquiring physical goods. Nevertheless, health has become more of a priority to many consumers, especially since COVID-19. Feeling health

Although overall demand for designer apparel and footwear (ready-to-wear) in Italy remains below pre-pandemic levels in 2024, the category continues to perform positively, with value sales of these high-end items returning to 2019 levels. The category is expected to continue growing over the forecast period, although overall demand could still struggle to fully recover by 2029 despite the strong growth of inbound arrivals and the financial capabilities of high-spending individuals. This is likel

In 2024, designer apparel and footwear is expected to maintain similar solid retail current value growth momentum to that seen the previous year. Women’s designer apparel accounts for the highest share of sales, and is also set to remain the fastest growth category in 2024. Notably, designer apparel is expected to outpace designer footwear in terms of growth.

Retail current value sales of designer apparel and footwear (ready-to-wear) is set to rise by 2% in 2024, reaching sales of RON1.3 billion. This performance is driven primarily by designer apparel (ready-to-wear), with women's apparel totalling RON573 million. Romania remains an important manufacturing hub for apparel products, with brands such as Prada, Gucci, Max Mara being manufactured locally. However, many of these products are actually sold in external markets, with Gucci and Prada not hav