Deep DiveUS Dresswear Retailing: Sales To Dwindle in 2023 as Pent-Up Demand Fades Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research March 22, 2023 Reasons to ReadWe explore how dresswear, smart-casual and occasion-based apparel in the US will fare after a year of strong demand revival. We present category growth projections, insights into market factors, proprietary survey findings on consumer spending, and more. Data in this report include: Market size and growth of selected US apparel categories, 2018–2027E US inflation rate in the apparel and footwear sector (consumer price index) Survey findings—proportions of US consumers who purchased dresswear in the past three months or will purchase in the next three months; and categories they purchased/will purchase US apparel, footwear and apparel accessories revenues of selected brands and retailers Companies mentioned in this report include: Amazon, Capri Holdings, Guess?, Kohl’s, Macy’s, Nordstrom, Tapestry, Target, Walmart Other relevant research: Market Navigator: US Apparel and Footwear Retailing—After the Bounce, What’s Next? All Coresight Research coverage of apparel and footwear retail and specialty apparel retail. 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: Innovator Profile: Buncha—Efficient Neighborhood Grocery Delivery Via Consolidated RoutesWeekly UK Store Openings and Closures Tracker 2025, Week 24: Matalan To Open Stores; Poundland Continues To Shutter StoresWeekly UK Store Openings and Closures Tracker 2025, Week 36: UK Sees 25% Fewer Closures Year Over YearMay 2025 US Retail Sales Outlook: Projecting 3% Growth Amid Low Sentiment and Front-Loaded Purchases