Aarkstore Enterprise - UK Clothing Market 2010: Issues & Opportunities
UK Clothing Market 2010: Issues & Opportunities
Introduction
The UK clothing market is mature and has been driven by the value retailers for a decade but faced with falling demand and low growth, combined with the return of inflation, retailers need to reassess their strategies and look for new avenues of growth. This report delivers insightful analysis and identifies the opportunities in the market as well as in individual sectors.
Scope
*Detailed chapters on the clothing market, plus womenswear, menswear and childrenswear sectors, issues and opportunities for each.
*Includes market sizes and growth drivers 1999-2010e, market shares of Top 20 players (2004-2009), spend per head and per age group of each sector.
*Population trends, profile of clothing shoppers, loyalty drivers by gender and age, retailer clothing visitors numbers and spend per head.
*Channel shares and market segmentation (value, midmarket and premium) 2004-2009.
Highlights
After a decade of the value retailers driving the clothing market in the UK, there has been a shift and the premium segment is to become the new battleground. Price inflation is returning to the market and the value sector has consolidated into the hands of largest operators. Opportunities for retailers now lie in the premium segment.
Though the 55-64 year age group is the lowest segment by value in the womenswear market, worth 2.83bn, its spend per head is the second highest at 760. This further underlines that this generation of women, who will be moving into the 65+ market over the next five years, should not be underestimated.
The recession has hit menswear spending and population trends are likely to hit it further unless retailers act to stimulate it. It has lower spend per head than womenswear or childrenswear. The biggest spending category, 15-24 year olds, is set to shrink by 4.5% by 2015 and the current lowest spending group, 55+s, are set to rise significantly.
Reasons to Purchase
*Identify growth opportunities in your sector and take market share from competitors
*Understand the issues and challenges in the market to plan strategy and avoid risk
*Access unique data and analysis on population spending trends in the clothing sectors and exploit the potential fully
For more information, please contact :
http://www.aarkstore.com/reports/UK-Clothing-Market-2010-Issues-Opportunities-45494.html
Contact : minu
Aarkstore Enterprise
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Aarkstore Enterprise - UK Clothing Market 2010: Issues & Opportunities
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