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 Czech government has introduced strict measures to fight the outbreak and spread of the COVID-19 virus and this has strongly impacted fashion retail in the country. On 12 March 2020, the government issued resolutions to shut down most cross-border transportation and declared a state of emergency in the Czech Republic. This resulted in...
Apparel Market in Australia to 2024 with COVID-19 Impact Analysis Summary Apparel retail sales in Australia stood at AUD 35.9bn in 2019 and forecasted to reach AUD 36.5bn in the year 2024. The outbreak of COVID-19 (COVID-19) is set to trim AUD9.0billion out of Australian apparel retail sales in...
Even prior to the outbreak of COVID-19 the outlook for Thailand’s apparel and footwear industry was not a bright one with its economy under pressure, high unemployment and high household debt, along with a slowdown in tourism. As such, when COVID-19 hit it dealt a further blow with unemployment skyrocketing as businesses struggled to cope...
After many years of low and stable growth, apparel and footwear suffered a significant decline in both retail volume and current value terms in 2020. This was because of the COVID-19 lockdown in the first half of the year, which saw the closure of the vast majority of physical points of sale, including single and multi-brand stores and shopping...
The COVID-19 crisis had a marked impact on the performance of the Japanese apparel and footwear market in 2020. Home seclusion, the rise in working and studying from home, and the lack of normal social occasions prompted a significant shift in the emphasis of consumer demand, from formality to comfort. Apparel and Footwear in Japan...
The onset of the global pandemic in 2020 had a strong negative impact on the apparel and footwear market in Saudi Arabia. Non-essential stores closed, which decimated sales of apparel and footwear specialist retailers. The suspension of sporting events by the Saudi Sports Ministry and the closure of sports centres and venues throughout the...
Apparel and footwear saw solid growth during most of the review period, but in 2020 turned to significant double-digit decline as a result of the arrival of COVID-19 in the country. One of the factors contributing to decline was that the government imposed a national lockdown for two months in the first half of the year to try and halt the...
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...
Apparel and footwear was one of the most affected industries by COVID-19, posting strong losses in 2020. All categories suffered value declines, most of which decline percentages were down by double digits. This was partly due to store closures and the lockdown, which also influenced consumer needs for apparel and footwear, but also due to...