Retailing

Following two consecutive years of double-digit value growth, apparel and footwear specialists in Australia had to navigate a complex landscape in 2023. The year was marked by a series of challenges, most notably the cost-of-living crisis stemming…

Although disposable income slowly recovered in 2023 compared to repeatedly high inflation, consumers remained relatively frugal in their spending on apparel and footwear. Many made savings by opting for apparel or footwear and reduced their shopping…

Apparel and footwear specialists in Belgium saw relatively modest growth in current value terms in 2023, when compared to the previous two years. This was mainly due to inflationary pressures, which led to rising prices, as players sought to protect…

Apparel and footwear specialists maintained growth in current value terms in Brazil in 2023, as well as in outlet numbers. Value sales finally returned to the pre-pandemic level, although the same could not be said of outlet numbers. Lojas Renner…

With inflation still being an issue, though apparel and footwear specialists in Bulgaria registered an increase in current value sales, constant value sales fell, as continuing rising costs cut into profit margins. There was also a slight decline in…