What's Inside

Each Market Outlook offers our analysts’ definitive view of their sector. This research report includes proprietary forecasts, analysis of company metrics, exclusive consumer survey data and our analysts’ consideration of factors and themes in the market.

In this report, we provide updated outlooks for the apparel and footwear specialty retail sectors in the US, the UK and China in 2023 and beyond. We explore key growth drivers, competitive landscapes, notable retail innovators in the space, and opportunities arising from three notable specialty apparel and footwear trends.

Data in this report for the US, the UK and China include:

• Specialty retailers’ sales, 2016–2026E
• Year-over-year changes in apparel and footwear specialty retailers’ sales versus total apparel and footwear consumer spending, 2018–2023E
• Year-over-year changes in clothing and footwear CPI, September 2021–September 2022
• E-commerce share of apparel and footwear specialty retailers’ sales, 2018–2026E
• Key metrics for leading apparel and footwear specialty retailers

Companies mentioned in this report include: American Eagle Outfitters, Bosideng, Dick’s Sporting Goods, Foot Locker, Gap Inc., JD Sports, Marks and Spencer, Next, Primark, Topsports International

Other relevant research:

• Market Outlook: Apparel Specialty Retail—US and UK Revivals To Outpace Lockdown-Hit China
• US Fashion Resale Market—A $26 Billion Opportunity
• America’s Biggest Apparel and Footwear Specialty Retailers: Assessing Performance and Strategy
• Head-to-Head in UK Apparel Retailing: Marks and Spencer vs. Next