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...
The apparel and footwear market in the UK was struggling before the pandemic, both due to high overhead costs and competition from e-commerce for physical retailers, and increasing market saturation and competition from emerging players. The COVID-19 pandemic has led to a massive drop in sales in 2020 as a result of lockdowns and social distancing...
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%...
The lockdown seen in Q1 of 2020 in response to COVID-19 had a huge impact on sales of apparel and footwear in China. With non-essential stores forced to close in most areas many manufacturers and retailers posted huge losses. Consumers turned their attention to more pressing needs, and this too had a negative impact on sales. Nevertheless,...
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...
Apparel and footwear experienced marked declines across most categories in India in 2020. The strict lockdown imposed in order to limit the spread of COVID-19 included a ban on the sale of non-essential goods, including apparel and footwear, across store-based and online channels for around two months. Apparel and Footwear in India...
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...
Apparel and footwear registered severe sales declines in 2020 as the industry found itself on the receiving end of the worst impact of the COVID-19 pandemic. Indeed, apparel and footwear was one of the consumer goods industries hardest hit by the COVID-19 situation worldwide during 2020 and this certainly applied in Indonesia. Apparel...