The Global Luxury Vegan Men’s Fashion Market size is expected to reach $29 billion by 2027, rising at a market growth of 8.7% CAGR during the forecast period. Vegan men’s fashion refers to any clothes, footwear, apparel, and accessories that are free of animal or animal-derived materials like leather, silk, wool, etc. In other terms,...
Limited fit: Earlier gains in industry revenue have been eroded following the COVID-19 outbreak Abstract Menswear Stores in Australia Industry firms retail men’s clothing. The industry includes both specialist men’s clothing stores, and sales of men’s clothing by unisex specialist clothing...
In 2021, the COVID-19 pandemic still had a negative effect on sales of menswear in both retail volume and current value terms. While most of the country was in lockdown from May until September, apparel and footwear specialist retailers and department stores were closed and home delivery of apparel purchased online was not permitted. Nonetheless,...
Demand for menswear decreased in 2020 and the start of 2021 due to lockdowns and store closures. This mainly effected smaller clothing brands as they were unable to maintain value sales and consequently were forced to close down, while most chains were able to stay afloat. However, retail value sales of menswear started to recover during 2021,...
In 2021 menswear saw a notable rebound, after seeing a double-digit current value decline in 2020 due to COVID-19. One of the best performing categories was men’s jeans. In 2020, men preferred comfortable sporty clothes, because they had to stay at home more than usual. Since COVID-19 eased in 2021, Romanian men started to return to their...
The COVID-19 pandemic has led to a notable increase in digitalisation within apparel and footwear. Major retailers have been heavily investing in their e-commerce platforms as this channel has seen accelerated growth, including within menswear. Online retailers such as Superbalist and Zando have held a competitive edge in the online channel,...
Male consumers typically prefer all-in-one shopping areas, making retailers such as Decathlon, Lidl, and Tesco popular choices for apparel shopping. In Decathlon, men can check out sports equipment as well as apparel, while, in Tesco and Lidl, they can do grocery shopping and buy power/electronic devices. For a large number of Hungarian men,...
Menswear recorded a marginally stronger decline than womenswear in volume sales terms in 2020 as a result of the pandemic and subsequent measures to control the spread of the virus, including restrictions on shopping centres where many apparel and footwear specialist retailers are located, leading to reduced footfall. Furthermore, in line...
As with many apparel and footwear categories, the COVID-19 pandemic led to a significant decline in sales of menswear in 2020. Moreover, the anticipated recovery did not materialise in 2021 as Portugal was hit by a new lockdown in the months of January, February and March. During this period, apparel and footwear specialist retailers’ physical...
Menswear saw an improved performance in 2021 thanks to the easing of restrictions on movement to and from work and on social gatherings, with positive growth seen in retail volume and value terms. Although the economy continued to struggle with inflation due to the depreciation of the local currency, demand was driven by the normalisation...