The COVID-19 pandemic resulted in Spanish authorities deciding to implement a national lockdown in March 2020. Although restrictions began to be eased from 4 May, the “new normality” was not reached until June. Nevertheless, during the rest of the year new outbreaks of the virus continued to take place, with some cities and neighbourhoods...
Apparel and footwear recorded a negative performance in 2020 due to the COVID-19 pandemic. In order to curb the spread of COVID-19 infection in the country, the Russian authorities imposed a national lockdown self-isolation period that lasted from 30 March until 1 June 2020. Apparel and Footwear in Russia report offers a comprehensive...
Lockdown in Argentina was one of the longest in the world and negatively impacted apparel and footwear sales. Physical stores remained closed for many months with a few opening mid-June in the Great Buenos Aires area. In the interior of the country the situation was initially a little less intense with physical stores opening before those...
The COVID-19 pandemic had a strongly negative impact on apparel in the UAE, with the category being less essential than industries such as grocery, and thus more prone to fluctuations in demand. Sales dipped significantly during the three-month lockdown, which lead to a domino effect throughout the year and will result in negative growth of...
The apparel and footwear market in Singapore is expected to be one of the hardest hit in retail sales terms, among other consumer segments, in 2020. The onset of the pandemic brought pressure to manufacturing supply chains and retail operations, due to reduction in consumer discretionary spending and demand brought upon by lockdowns and social...
Prior to the COVID-19 pandemic, Brazil had already been seeing very modest growth across apparel and footwear categories due to the weak macroeconomic situation since 2014. After years of macroeconomic turmoil in 2015 and 2016, Brazil’s economy has witnessed years of weak growth. By stretching the lifecycle of apparel and footwear items, it...
All categories within apparel and footwear in Denmark recorded significant declines in retail value sales in 2020, predominantly as a result of the COVID-19 pandemic. As one of the industries hardest hit by the pandemic, apparel and footwear suffered from the forced closure of non-essential retail stores from mid-March to mid-May 2020. Apparel...
In 2020, apparel and footwear witnessed a decrease of 29% in value compared to the previous year (the decrease would be more than 30% if the sale of facial masks, which have been included for the first time in this research, was excluded). This industry is one of the most affected by the effects of the COVID-19 pandemic. Apparel and...
The apparel and footwear industry was among the worst hit by the COVID-19 pandemic. A surge in the number of coronavirus cases as well as economic uncertainty caused a sudden drop in consumer confidence and quickly deprioritised non-essential spending, including clothing and footwear. Also, with cancelled large events and social gatherings...
Apparel and footwear registered a significant fall in sales during 2020, due to the outbreak of the COVID-19 pandemic. The lifestyle changes and increased price-sensitivity caused by the virus, changed the otherwise positive outlook envisaged for the year. As a result, a double-digit value decline of 12% was recorded in 2020, compared to 3%...