Introduction

UK Retail Futures 2013: Clothing & Footwear combines comprehensive insight into sector related issues such as how the current economic conditions are affecting expenditure, space growth and the impact of increased costs. It combines analysis of channel trends and specialists' performance over five years.

Scope of this research

• Market expenditure, inflation and volume growth forecast to 2013 as well as data from the last ten years.
• Comprehensive analysis covering inflation, volume, and sales growth for nine clothing & footwear sub categories.
• Channels of distribution analysis 2008, 2009 and 2013 covering specialists, grocers, department stores and mail order.
• Comprehensive analysis of the key issues set to impact the clothing & footwear market over the next five years.

Research and analysis highlights

After enjoying buoyant growth over the past five years, growth is forecast to slow in the next five and fall into negative territory in 2009. With consumer confidence low, unemployment rising and house prices falling, consumers will resist spending money on discretionary items.

A weakening pound means retailers will be facing the prospect of inflation in clothing and footwear for the first time in over 10 years just when consumers are becoming increasingly price sensitive. Retailers will do all they can to absorb these costs. However, most will be forced to pass at least some of them on to the consumer.

Accessories continue to show the most expenditure growth. Though largely discretionary purchases, their low average selling price allow consumers to update outfits at a relatively low cost. However, despite this we expect volume growth to slow in 2009 and 2010 as consumers exercise more caution with purchases.

Key reasons to purchase this research

• Plan for the future using this report to develop strategies that will enable you to compete effectively against rivals in tougher market conditions
• Enhance your understanding of key issues, trends, and dynamics in the market, providing a valuable tool to help steer through turbulent times ahead.
• See how clothing & footwear categories and sales channels are expected to perform over the next five years.