COVID-19 had a significant impact on the Swedish economy in 2020, most tangibly in consumer-facing industries such as tourism and retail. While the first quarter saw GDP stagnate at 0.1% growth, during the second quarter GDP fell by 8.3% compared with the same period in 2019. The National Institute of Economic Research anticipated that full-year...
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...
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...
Major companies in the clothing and clothing accessories stores market include Abercrombie & Fitch Co.; American Eagle Outfitters Inc.; The Buckle Inc.; Carter’s Inc. and Chico’s FAS Inc. The global clothing and clothing accessories stores market is expected to grow from $1157.19 billion in 2020 to $1247.67 billion in 2021 at a compound...
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,...
Football Sportswear Market by Type (Footwear, Apparel, and Others), End User (Men, Women, and Children), and Distribution Channel (E-Commerce, Supermarkets/Hypermarkets, Brand Outlets, and Others): Global Opportunity Analysis and Industry Forecast 2021–2027 The football sportswear market size was valued at $89,505.0...
Apparel Market in the United Kingdom (UK) to 2024 with COVID-19 Impact Analysis Summary According to latest forecast as of December 4 2020, COVID-19 is forecast to wipe off £14.5 billion from the UK apparel market in 2020, leading to a decline of 26.7% over 2019. This report includes...
Major players in the emergency and other relief services market are The International Federation of Red Cross and Red Crescent Societies (IFRC), International Disaster Emergency Service, The American National Red Cross, The Salvation Army and Direct Relief. The global emergency and other relief services market is expected to grow from...
Global Value Apparel Market to 2024 - Market Analysis, Top Brands and Trends (Updated for COVID-19 Impact) Summary This report includes analysis, market forecasts, brands and trends in the "Global Value Apparel Market to 2024" with COVID-19 impact. According to The analyst estimates,...
The fast-spreading COVID-19 dampened economic prospects in Turkey in 2020. This resulted in a direct hit to consumer confidence in the second quarter of 2020 following the first case of COVID-19 in March. Like many countries around the world, Turkey implemented lockdown measures to curb the spread of the virus, and retail outlets deemed non-essential...