Market Outlook 16 minutes PremiumSector Overview: US Apparel Specialty Retailers — Collaborations Are the New Normal Coresight Research February 1, 2019 Executive SummaryEach of our Sector Overview reports provides an essential briefing on a sector or market. In this report, we review the U.S. apparel specialty sector. In 2018, U.S. apparel and footwear specialty retailers’ industry sales totaled $197 billion, according to Euromonitor International, and its analysts forecast sector sales to increase at a compound annual growth rate (CAGR) of 3.3% to 2023, to reach $232 billion. Brands and retailers are collaborating with other brands and retailers to reach new audiences and to drive sales. A Glossy survey in December 2018 reported that 38% of brand executives saw collaborations as the greatest marketing opportunity in 2019. Sportswear and athleisure will continue to drive apparel and footwear sales in 2019, as they did in 2018. Specialty retailers are entering new markets, expanding into and investing in China to establish physical and digital presences. We predict the plus-size market and lingerie categories will continue to see positive disruption from new market entrants. And we expect specialty retailers to further explore marketplace partnerships and collaborations, and look for opportunities to expand into China and India. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Retail Crime and Shrink: More Shoppers Say No to Locked-Up Merchandise; Self-Checkout Gets a MakeoverEarnings Insights 4Q24, Week 5: Most Companies Report Strong Growth Results This WeekShoptalk Spring 2025—Our Takeaways: Coresight Research Premium Subscriber Call, April 2025Sycamore Partners To Acquire Walgreens Boots Alliance—Exploring the Reasons for and Implications of the $23.7 Billion Deal