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...
All categories in apparel and footwear recorded double-digit declines in retail volume and current value sales in 2020, having been heavily impacted by the Coronavirus (COVID-19) pandemic. The one exception was apparel accessories. While this category also saw a double-digit drop in retail current value sales over 2020, overall retail volume...
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...
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...
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 had already witnessed steep declines in sales in 2019 due to the disruptions caused by the 2019–2020 protests triggered by the introduction of the Fugitive Offenders amendment bill by the Hong Kong, China government, which had a severe impact on sales in physical stores. Apparel and Footwear in Hong Kong, China...
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...
Apparel and footwear sales have been heavily impacted by COVID-19 in Nigeria in 2020. There are a variety of factors at play, notably the temporary restrictions on movement, socialisation and the closure of schools that reduced the need to buy these products, as many consumers were marooned at home. Apparel and Footwear in Nigeria...
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 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%...