Deep Dive 14 minutes PremiumUS Dresswear Retailing: Sales To Dwindle in 2023 as Pent-Up Demand Fades Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Research March 22, 2023 What's InsideWe 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. This report is for subscribers only. Learn more about subscriptions here.If you are a subscriber, please log in. This document was generated for Other research you may be interested in: Coresight Bites: Which US Consumers Are Most Sensitive to Inflation?Weekly US and UK Store Openings and Closures Tracker 2023, Week 49: Over 300 Rite Aid Closures Year to DateDay Two at NRF 2023: Retail’s Big Show—Retailers Tap Tech To Streamline the Consumer JourneySeasonal Shopping, 4Q23—Shoppers’ Latest Holiday Expectations: US Consumer Survey Insights Extra