The fashion industry has come under the microscope due to its impact on the environment, with fast fashion seen to be the main culprit. The pandemic accelerated existing trends in consumption habits such as the shift to locally sourced and produced products, as well as sustainable/fair trade, organic and recyclable apparel and footwear.
Due to the high level of competition in the fashion industry in Spain, retailers will need to focus more and more on improving the customer experience. For instance, the so-called phygital environment is expected to be a growing concept over the forecast period, with the blending and blurring of boundaries between the physical and digital environments.
The good results seen in 2022 and 2023 were not enough to overcome the losses generated by the major decline in sales in physical stores seen during the height of the pandemic in 2020 and 2021. Apparel and footwear specialists are expected to continue shifting towards e-commerce, thereby cannibalising their store based sales, which are not expected to see a full recovery in value terms (at constant 2023 prices) before the end of the forecast period.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel and Footwear Specialists industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Apparel and footwear specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: clothing, footwear, and/or fashion accessories (costume jewellery, sunglasses, belts, hats, gloves, handbags, scarves, etc.). Apparel specialists include specialty apparel like wedding dress shops. Example brands include Primark, TJ Maxx, and Zara. Sportswear retailers, such as Adidas and Nike, are excluded from this channel and are included in Sports Goods Stores; this is due to the companies considering themselves sports companies as opposed to apparel companies.
See All of Our DefinitionsThis report originates from Passport, our Apparel and Footwear Specialists research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!