Reasons to Read

With the vaccination rollout and easing of lockdowns in 2021 in the US, we are seeing signs of dress wear sales recovery and a revival of consumer demand in the market. We present our market outlook for 2021 and three strategies for brands and retailers to respond to the swing in demand.

For more on apparel retail recovery prospects, read our Market Outlook on apparel and footwear specialty retailers in the US, the UK and China.

Click here to read our five key insights into the custom apparel market.

Contents (Click to navigate)

What’s the Story?

Why It Matters

Consumer Demand Revival in Dress Wear: A Deep Dive

US Dress Wear Market

Consumer Demand Revival

Coresight Research Data

Insights from Apparel Brands and Retailers

Strategies for Brands and Retailers To Respond to Consumer Demand

1. Expand Product Assortments: Dual Offerings
2. Strengthen Digital Capabilities and Consumer Experiences
3. Leverage Technology in Demand Forecasting

What We Think

Implications for Brands/Retailers

Implications for Technology Providers