Old Navy registered sales of USD 7,561.63 Million in United States of America in 2020
Old Navy recorded a historical growth (CAGR) of 2.01% between 2017 to 2020
The footwear market consists of the total revenues generated through the sale of all types of men's, women's and children's shoes. It includes all footwear categories for men, women, boys and girls, but excludes sports-specific footwear.
The US footwear market experienced stable growth through most of the historic period but was offset by a sharp decline in revenues during 2020. The market is expected to recover with strong growth in 2021 and 2022 with modest growth anticipated throughout the remaining forecast period.
The Jewelry, Watches and Accessories market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds and rubies), pearls (natural and cultured) and semi-precious stones (e.g., quartz, opal, topaz, amethyst, coral etc.), fashion jewelry (non-precious jewelry), hair accessories, belts, hats, gloves, scarves, sunglasses and ties, plus watches.
US apparel market drivers
US apparel market inhibitors
United States footwear market category segmentation
United States footwear market distribution
Womenswear sales saw a large decline in 2020 and will recover to reach pre-pandemic levels by 2022 in line with the total apparel market.
Menswear will grow by 2025. The preference for casual clothing accelerated by the pandemic will endure in the forecast period, with tops & t-shirts, nightwear and shorts & trousers remaining growth categories out to 2025, with sales exceeding 2019 levels.
Childrenswear saw the smallest decline in 2020, as purchases are more replacement-driven so spend is more resilient. The strongest growing categories out to 2025 are nightwear along with necessary purchases of babywear.
Top accessories brands in United States of America
Top women’s Footwear brands by value & price positioning
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United States of America
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