Apparel Market in the United Kingdom (UK) to 2024 with COVID-19 Impact Analysis
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According to GlobalData’s 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 analysis, market forecasts, brands, consumer attitudes and trends in the UK Apparel Market 2019-2024 with COVID-19 impact
Scope
– Over a quarter of UK apparel spend to be lost in 2020 in the wake of COVID-19
– Value apparel to continue growing as consumers deprioritize spending on apparel in favor of experiences
– Increased working from home to affect formalwear sales in the long term
– Online spend to remain heightened post pandemic thanks to retailer investments, convenience and accessibility
– Sustainability initiatives will be key to attract environmentally conscious shoppers
Reasons to Buy
– Gain a comprehensive view of the UK Apparel market and forecasts to 2024
– Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of Covid-19 on the UK apparel market
– Investigate current and forecast trends in apparel to identify the opportunities offering the most potential
– Understand who the main competitors are in the UK apparel market and their price positioning
Primark
Next
New Look
George
F&F
H&M
Adidas
Tu
Zara Clarks
Primark
Schuh
Next
Dune
River Island
Matalan
Skechers
Russell & Bromley
Hugo Boss
Claire's
Table of Contents
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