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Retail Forecasts H1 2012: UK Clothing & Footwear

Dallas 2/21/2012 4:24:15 PM

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

  • Sector summary forecast highlights the key economic factors impacting the wider retail market
  • This unique tool takes account of the latest retail events. It tracks short term changes in retail and quantifies their impact on category sales
  • Expenditure, inflation and volume growth forecast to Q2 2014 for the clothing & footwear market and its sub-sectors
  • Comprehensive analysis of the key issues set to impact the clothing & footwear market and individual sectors over the next two years
  • The reliable and accurate data exposes opportunities for growth and is a key operational planning tool to aid tactical and strategic decision-making

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

Your key questions answered

  • What impact will the economy have on retail and how should I build this into my sales forecasts?
  • How will inflation effect growth in clothing sales volumes? Will inflationary pressures continue into 2013 and 2014?
  • Which clothing sub-sectors will perform the best through 2012–14? Which sectors should my business focus on?

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