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...
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 apparel and footwear industry was among the worst hit by the COVID-19 pandemic. A surge in the number of coronavirus cases as well as economic uncertainty caused a sudden drop in consumer confidence and quickly deprioritised non-essential spending, including clothing and footwear. Also, with cancelled large events and social gatherings...
The apparel and footwear market in Singapore is expected to be one of the hardest hit in retail sales terms, among other consumer segments, in 2020. The onset of the pandemic brought pressure to manufacturing supply chains and retail operations, due to reduction in consumer discretionary spending and demand brought upon by lockdowns and social...
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...
In 2020, apparel and footwear witnessed a decrease of 29% in value compared to the previous year (the decrease would be more than 30% if the sale of facial masks, which have been included for the first time in this research, was excluded). This industry is one of the most affected by the effects of the COVID-19 pandemic. Apparel and...
Due to the impact of the COVID-19 epidemic, the number of unemployed people in Vietnam increased significantly in the first quarter of 2020, reaching around 700,000 by the end of the year, while millions more have seen a decrease in salary. As a result, consumers in Vietnam are moving from premium to economy brands since people prefer to spend...
Apparel and footwear saw a decline in current value terms in 2020. The mandated closure of shopping malls and retail stores during the first two quarters of the year negatively affected apparel and footwear sales. Consumers were reluctant to leave their homes out of fear of contagion and curfew was in place which further discouraged consumers...
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...