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Sector Analysis
Clothing & Footwear Retailing in Middle East and Africa, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape
Clothing and footwear market in Middle East and Africa is expected to grow at a CAGR of 4.7% in the next five years. Increasing interest in appearance and brand awareness has put forth attractive opportunity for retailers. Modern retail is expanding in the region with major international fashion retailers and department stores opening their outlets and shop-in-shops. They are adjusting their product portfolio to offer modest fashion which is implies with conservative dress code in most Middle Eastern countries.
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Sector Analysis
Clothing & Footwear Retailing in Middle East and Africa, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape
Clothing and footwear market in Middle East and Africa is expected to grow at a CAGR of 4.7% in the next five years. Increasing interest in appearance and brand awareness has put forth attractive opportunity for retailers. Modern retail is expanding in the region with major international fashion retailers and department stores opening their outlets and shop-in-shops. They are adjusting their product portfolio to offer modest fashion which is implies with conservative dress code in most Middle Eastern countries.
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Thematic Analysis
Generation Hashtag in Retail – Thematic Research
At a rough estimate, Generation Hashtag (those born between 1991 and 2005) makes up one-quarter of the world's population. With the influence of this demographic set to increase over the next decade, as its members continue to enter the workforce, retailers must learn to adapt to this new breed of consumers which demand a personalized, convenient, and omni-channel experience.