Deep Dive 14 minutes Premium

US Dresswear Retailing: Sales To Dwindle in 2023 as Pent-Up Demand Fades

What's Inside

We 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:

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