14 minutes

Luxury Clothing and Footwear Sector To Gain Share of the Total US Apparel Market in 2023 and Beyond

Primary Analyst: Sunny Zheng, Analyst
Contributors
Primary Analyst: Sunny Zheng, Analyst
Sector Lead: Anand Kumar, Associate Director of Retail Research
Deep Dive

What's Inside

We examine the US luxury clothing and footwear sector and its position in the total apparel market. We present proprietary estimates for the sector’s size and growth trajectory, and discuss market factors, the competitive landscape, key themes and more.

Key topics include inflation, resale and the metaverse.

Data in this research report include:

  • US luxury apparel and footwear market size, year-over-year change and share of the total US apparel and footwear market, 2018–2027E
  • Consumer price index for apparel and footwear
  • Proprietary US consumer survey data—brands from which luxury shoppers made purchases in the past three months
  • Apparel and footwear revenue of selected luxury brands and retailers

Companies mentioned in this report include: Burberry, Capri Holdings, Chanel, Gucci, Kering, LVMH, Tapestry

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