Verdict Research: Retail Futures provides dynamic, accurate forecasts for the clothing & footwear market. Data includes market demand and price pressures - with full explanation of assumptions made - every three months. The sub-sectors forecasted within clothing & footwear include womenswear, menswear, childrenswear, accessories and footwear
Features and benefits
Highlights
Volumes will remain in negative territory until recovery in Q3 2012 – this will represent a period of eight quarters of volume decline. Consumers opting for value for money over price will keep volumes low
Inflation will drop as cost price pressures slowly ease and the VAT rise annualises. Falling inflation, both specifically in clothing & footwear and the overall consumer price index – will reduce some pressure on consumer wallets and should drive an improvement in volumes in H2
Retailers, specifically high fashion and value players, will be impacted by lower levels of spending from consumers aged 16-24 due to high unemployment and increased university fees putting pressure on young shoppers’ finances
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